Has the Taiwanese Auto Components Industry valuation changed over the past few years?
|Sat, 04 Dec 2021||NT$478.3b||NT$354.9b||NT$20.2b||18.2x|
|Mon, 01 Nov 2021||NT$474.9b||NT$365.4b||NT$21.5b||18x|
|Wed, 29 Sep 2021||NT$466.2b||NT$365.4b||NT$21.5b||17x|
|Fri, 27 Aug 2021||NT$482.2b||NT$365.4b||NT$21.5b||17.4x|
|Sat, 03 Jul 2021||NT$535.5b||NT$364.2b||NT$21.4b||18.3x|
|Tue, 06 Apr 2021||NT$544.8b||NT$341.1b||NT$21.2b||21.8x|
|Fri, 08 Jan 2021||NT$492.7b||NT$324.7b||NT$14.3b||28x|
|Thu, 01 Oct 2020||NT$420.1b||NT$321.6b||NT$10.1b||25.7x|
|Sun, 05 Jul 2020||NT$412.2b||NT$323.0b||NT$7.8b||22x|
|Wed, 08 Apr 2020||NT$338.9b||NT$347.1b||NT$10.1b||14.9x|
|Tue, 31 Dec 2019||NT$477.7b||NT$363.2b||NT$16.3b||18.8x|
|Fri, 04 Oct 2019||NT$483.2b||NT$361.8b||NT$17.6b||16.5x|
|Mon, 08 Jul 2019||NT$445.1b||NT$361.5b||NT$17.3b||14.8x|
|Sun, 31 Mar 2019||NT$459.2b||NT$362.2b||NT$17.6b||15x|
|Wed, 02 Jan 2019||NT$433.3b||NT$364.8b||NT$17.9b||13.4x|
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 19.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Auto Components industry have grown 4.1% 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.
Which industries have driven the changes within the Taiwanese Auto Components industry?
|Auto Parts and Equipment||1.17%|
|Tires and Rubber||-0.20%|
Industry PE: Investors are most optimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average PE ratio of 19.2x. However analysts are expecting annual earnings growth of 35%, which is lower than the prior year's growth of 74% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 28.7x.
Forecasted Growth: Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 35% over the next 5 years. However this is lower than its past earnings growth rate of 74% per year. Meanwhile, the Tires and Rubber industry is expected to see its earnings grow by 6.2% per year over the next few years.
Which companies have driven the market over the last 7 days?
Iron Force Industrial
Tung Thih Electronic
Depo Auto Parts Industrial
Right Way IndustrialLtd
Tong Yang Industry
Cheng Shin Rubber Ind
Hu Lane Associate
Amulaire Thermal Technology