Taiwanese (TAIEX) Consumer Discretionary Sector Analysis
- 7D-0.9%
- 3M2.0%
- 1Y11.8%
- YTD11.2%
Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Hotai MotorLtd gained 3.8%. The past year has been better, since the industry has gained 13% in that time.
Sector Valuation and Performance
Has the Taiwanese Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 26 Nov 2021 | NT$3.4t | NT$2.7t | NT$168.8b | 17.5x |
| Sun, 24 Oct 2021 | NT$3.4t | NT$2.7t | NT$179.4b | 15.3x |
| Tue, 21 Sep 2021 | NT$3.5t | NT$2.7t | NT$179.3b | 15.5x |
| Thu, 19 Aug 2021 | NT$3.2t | NT$2.7t | NT$179.3b | 15.6x |
| Thu, 03 Jun 2021 | NT$3.4t | NT$2.6t | NT$169.6b | 17.9x |
| Sun, 07 Mar 2021 | NT$3.1t | NT$2.5t | NT$126.5b | 21.3x |
| Wed, 09 Dec 2020 | NT$3.0t | NT$2.5t | NT$85.9b | 21.3x |
| Tue, 01 Sep 2020 | NT$2.8t | NT$2.5t | NT$75.9b | 21.1x |
| Fri, 05 Jun 2020 | NT$2.5t | NT$2.6t | NT$82.7b | 18x |
| Mon, 09 Mar 2020 | NT$2.6t | NT$2.6t | NT$101.3b | 16.8x |
| Sun, 01 Dec 2019 | NT$2.7t | NT$2.6t | NT$127.3b | 17.7x |
| Wed, 04 Sep 2019 | NT$2.6t | NT$2.6t | NT$127.5b | 17.6x |
| Sat, 08 Jun 2019 | NT$2.6t | NT$2.6t | NT$133.4b | 17.4x |
| Fri, 01 Mar 2019 | NT$2.4t | NT$2.6t | NT$127.6b | 16.7x |
| Mon, 03 Dec 2018 | NT$2.2t | NT$2.5t | NT$145.1b | 15.6x |
15.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have grown 4.8% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Taiwanese Consumer Discretionary sector?
| Consumer Durables | 2.64% | |
| Leisure | 1.04% | |
| General Merchanise and Department Stores | 0.83% | |
| Auto | -0.45% | |
| Consumer Services | -0.52% | |
| Auto Components | -0.58% | |
| Hospitality | -0.65% | |
| Luxury | -1.67% | |
| Online Retail and Ecommerce | -2.68% | |
| Retail Distributors | -2.82% | |
| Specialty Stores | -3.14% | |
Industry PE: Investors are most optimistic about the Online Retail and Ecommerce industry which is trading above its 3-year average PE ratio of 28.5x. This is likely because analysts are expecting annual earnings growth of 25%, which is higher than its past year's earnings growth of 18% per year. Meanwhile, investors are most pessimistic about the Auto industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth: Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 51% over the next 5 years. This is better than its past earnings decline of 14% per year. Meanwhile, the Leisure industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 8464 Nien Made Enterprise | 2.9%+NT$3.2b | 17.1% | PE22.1x | |
| 2497 E-Lead Electronic | 37.6%+NT$1.9b | 111.3% | PE382.9x | |
| 2489 AmTRAN TechnologyLtd | 10.4%+NT$1.4b | 60.2% | PE2.5x | |
| 2239 Cayman Engley Industrial | 10.4%+NT$908.7m | -17.4% | PE16.2x | |
| 1419 Shinkong Textile | 6.0%+NT$748.1m | 3.9% | PE27.1x |