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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedSep 24, 2023
DataAggregated Company Financials
Companies2146
  • 7D-3.3%
  • 3M-5.0%
  • 1Y15.1%
  • YTD14.9%

Over the last 7 days, the market has dropped 3.3%, driven by declines in every sector, especially the Information Technology sector. In the last year, the market is actually up 15%. As for the next few years, earnings are expected to grow by 19% per annum.

Market Valuation and Performance

Has the Taiwanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Sep 2023NT$57.6tNT$42.0tNT$3.1t19.4x18.8x1.4x
Tue, 22 Aug 2023NT$57.4tNT$41.8tNT$3.0t19.2x19x1.4x
Thu, 20 Jul 2023NT$60.1tNT$43.1tNT$3.4t19x17.6x1.4x
Sat, 17 Jun 2023NT$60.7tNT$42.9tNT$3.4t18.7x17.7x1.4x
Mon, 15 May 2023NT$54.6tNT$43.0tNT$3.9t16.7x14.1x1.3x
Wed, 12 Apr 2023NT$56.1tNT$43.3tNT$4.0t16.3x14x1.3x
Fri, 10 Mar 2023NT$55.3tNT$44.1tNT$4.4t15.4x12.5x1.3x
Sun, 05 Feb 2023NT$54.5tNT$44.4tNT$4.6t14x11.8x1.2x
Tue, 03 Jan 2023NT$49.4tNT$44.2tNT$4.5t13.2x11x1.1x
Thu, 01 Dec 2022NT$51.8tNT$44.5tNT$4.5t13.5x11.4x1.2x
Sat, 29 Oct 2022NT$44.6tNT$44.2tNT$4.7t12.8x9.6x1x
Mon, 26 Sep 2022NT$49.3tNT$43.9tNT$4.5t14.2x10.9x1.1x
Wed, 24 Aug 2022NT$52.7tNT$44.5tNT$4.6t14.5x11.5x1.2x
Fri, 22 Jul 2022NT$51.8tNT$43.7tNT$4.6t14.4x11.3x1.2x
Sun, 19 Jun 2022NT$54.0tNT$43.5tNT$4.5t14.8x12.1x1.2x
Tue, 17 May 2022NT$54.9tNT$43.6tNT$4.5t14.8x12.3x1.3x
Thu, 14 Apr 2022NT$59.7tNT$41.5tNT$4.3t16.5x13.9x1.4x
Sat, 12 Mar 2022NT$59.7tNT$42.5tNT$4.1t16.4x14.5x1.4x
Mon, 07 Feb 2022NT$61.1tNT$42.0tNT$4.0t16.6x15.1x1.5x
Wed, 05 Jan 2022NT$64.1tNT$41.8tNT$4.0t17.5x16.1x1.5x
Fri, 03 Dec 2021NT$61.3tNT$41.6tNT$4.0t16.7x15.4x1.5x
Sun, 31 Oct 2021NT$58.5tNT$40.9tNT$3.6t16.4x16.1x1.4x
Tue, 28 Sep 2021NT$59.3tNT$40.7tNT$3.6t16.6x16.6x1.5x
Thu, 26 Aug 2021NT$58.4tNT$40.7tNT$3.6t16.7x16.3x1.4x
Fri, 02 Jul 2021NT$60.5tNT$40.7tNT$3.6t17.1x16.9x1.5x
Mon, 05 Apr 2021NT$55.8tNT$39.1tNT$3.1t17.3x18x1.4x
Thu, 07 Jan 2021NT$49.7tNT$37.1tNT$2.4t18.4x20.3x1.3x
Wed, 30 Sep 2020NT$42.1tNT$36.4tNT$2.1t17.4x19.7x1.2x
Price to Earnings Ratio

19.7x


Total Market Cap: NT$42.1tTotal Earnings: NT$2.1tTotal Revenue: NT$36.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 15.7x202120222023
Current Market PE
  • Investors are optimistic on the Taiwanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.8x which is higher than its 3-year average PE of 15.7x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have grown 13% per year over the last three years.
  • Revenues for these companies have grown 4.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market-3.31%
Real Estate-0.39%
Telecom-0.91%
Consumer Staples-1.62%
Industrials-1.74%
Energy-1.83%
Utilities-2.03%
Financials-2.19%
Consumer Discretionary-2.28%
Materials-2.34%
Healthcare-2.80%
Tech-4.27%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 108x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 60.6%, which is higher than its past year's earnings growth of 0.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 85% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Industrials sector is expected to see its earnings decline by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
3036 WT MicroelectronicsNT$96.0019.1%
+NT$15.7b
57.9%PE21.2xTech
1590 AirTAC International GroupNT$983.002.6%
+NT$5.0b
26.3%PE32.4xIndustrials
2376 Giga-Byte TechnologyNT$279.002.8%
+NT$4.8b
202.6%PE40.3xTech
6531 AP Memory TechnologyNT$386.006.3%
+NT$3.7b
139.0%PE47.8xTech
2886 Mega Financial HoldingNT$37.800.7%
+NT$3.5b
12.4%PB1.7xFinancials
See more
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Market Insights

This week we are having a look at the diverse and interesting field of nanotechnology. We’re going to have a look at what it is in the first place, the types of nanotech applications, and how to invest in the space.

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Latest News

1590

NT$983.00

AirTAC International Group

7D

2.6%

1Y

26.3%

3036

NT$96.00

WT Microelectronics

7D

19.1%

1Y

57.9%

2882

NT$44.70

Cathay Financial Holding

7D

-4.2%

1Y

6.2%

2330

NT$522.00

Taiwan Semiconductor Manufacturing

7D

-6.5%

1Y

14.7%

2345

NT$463.50

Accton Technology

7D

-7.9%

1Y

64.1%

1319

NT$79.40

Tong Yang Industry

7D

7.2%

1Y

49.8%

2376

NT$279.00

Giga-Byte Technology

7D

2.8%

1Y

202.6%

2886

NT$37.80

Mega Financial Holding

7D

0.7%

1Y

12.4%

2881

NT$61.00

Fubon Financial Holding

7D

-2.4%

1Y

19.1%

6409

NT$1,555.00

Voltronic Power Technology

7D

2.3%

1Y

6.5%

2454

NT$746.00

MediaTek

7D

-2.2%

1Y

28.6%

2382

NT$227.50

Quanta Computer

7D

-2.4%

1Y

194.3%

3529

NT$2,165.00

eMemory Technology

7D

1.9%

1Y

78.2%

6531

NT$386.00

AP Memory Technology

7D

6.3%

1Y

139.0%

2308

NT$328.50

Delta Electronics

7D

-3.4%

1Y

23.3%

2303

NT$45.35

United Microelectronics

7D

-4.7%

1Y

18.4%