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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedMay 23, 2022
DataAggregated Company Financials
Companies2056
  • 7D2.0%
  • 3M-11.4%
  • 1Y-0.2%
  • YTD-12.1%

The market has climbed 2.0% in the last 7 days, lead by the Information Technology sector with a gain of 3.0%. The market has been flat overall in the last year. Earnings are forecast to grow by 6.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022NT$55.8tNT$43.8tNT$4.5t15x
Wed, 20 Apr 2022NT$58.7tNT$42.7tNT$4.4t16.3x
Fri, 18 Mar 2022NT$60.4tNT$42.6tNT$4.2t16.5x
Sun, 13 Feb 2022NT$63.2tNT$42.1tNT$4.1t17.2x
Tue, 11 Jan 2022NT$63.1tNT$41.9tNT$4.0t17.2x
Thu, 09 Dec 2021NT$61.8tNT$41.8tNT$4.0t17x
Sat, 06 Nov 2021NT$59.4tNT$40.9tNT$3.7t16.7x
Mon, 04 Oct 2021NT$56.8tNT$40.7tNT$3.6t16.1x
Wed, 01 Sep 2021NT$59.8tNT$40.7tNT$3.6t17x
Thu, 08 Jul 2021NT$60.5tNT$40.7tNT$3.6t17.1x
Wed, 31 Mar 2021NT$55.8tNT$39.1tNT$3.1t17.3x
Sat, 02 Jan 2021NT$49.7tNT$37.1tNT$2.4t18.4x
Tue, 06 Oct 2020NT$42.1tNT$36.4tNT$2.1t17.4x
Fri, 10 Jul 2020NT$39.3tNT$36.2tNT$2.0t18.1x
Thu, 02 Apr 2020NT$32.3tNT$36.1tNT$1.9t14.6x
Sun, 05 Jan 2020NT$40.0tNT$36.5tNT$2.0t18x
Wed, 09 Oct 2019NT$36.1tNT$36.4tNT$2.0t16.5x
Tue, 02 Jul 2019NT$35.7tNT$36.4tNT$2.0t16.3x
Median PE Ratio

15.7x


Total Market Cap: NT$34.9tTotal Earnings: NT$2.1tTotal Revenue: NT$36.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Median PE3Y Average 17.2x202020212022
Current Market PE
  • Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.2x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have grown 29% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 Market2.01%
Energy4.30%
Tech3.01%
Consumer Discretionary1.80%
Real Estate1.65%
Materials1.28%
Consumer Staples0.87%
Telecom0.67%
Utilities0.52%
Financials0.50%
Healthcare0.44%
Industrials-0.55%
Sector PE
  • Investors are most optimistic about the Utilities sector which is trading above its 3-year average PE ratio of 20.8x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Financials sector, which is trading close to its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 79% over the next 5 years.
  • This is better than its past earnings growth rate of 1.3% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 15% 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
2330 Taiwan Semiconductor ManufacturingNT$528.001.5%
+NT$207.4b
-7.0%PS20.8xTech
2317 Hon Hai Precision IndustryNT$108.003.3%
+NT$48.5b
-1.4%PS10.6xTech
2615 Wan Hai LinesNT$163.5010.5%
+NT$37.8b
43.9%PS3.1xIndustrials
2603 Evergreen Marine Corporation (Taiwan)NT$144.004.7%
+NT$34.4b
66.7%PS2.5xIndustrials
6505 Formosa PetrochemicalNT$94.603.6%
+NT$31.4b
-3.0%PS20xEnergy
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