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Taiwanese (TAIEX) Auto Components Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies61
  • 7D1.1%
  • 3M-8.3%
  • 1Y-3.1%
  • YTD-7.5%

In the last week, the Auto Components industry is up 1.1%, with Cheng Shin Rubber Ind up 2.5%. Meanwhile, Coplus actually underperformed within the industry, shrinking 9.5% in the last week. In the past year, the industry is down 3.1%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

Has the Taiwanese Auto Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022NT$472.0bNT$368.6bNT$20.4b14.1x23.1x1.3x
Tue, 25 Oct 2022NT$444.8bNT$352.7bNT$16.3b15.8x27.3x1.3x
Thu, 22 Sep 2022NT$529.4bNT$352.7bNT$16.3b17.3x32.5x1.5x
Sat, 20 Aug 2022NT$501.5bNT$353.5bNT$16.5b18.9x30.4x1.4x
Mon, 18 Jul 2022NT$480.8bNT$350.9bNT$14.7b19.4x32.7x1.4x
Wed, 15 Jun 2022NT$473.9bNT$350.9bNT$14.7b19.6x32.3x1.4x
Fri, 13 May 2022NT$442.2bNT$351.2bNT$15.7b19.1x28.2x1.3x
Sun, 10 Apr 2022NT$477.1bNT$349.6bNT$15.9b18.9x30x1.4x
Tue, 08 Mar 2022NT$464.5bNT$355.2bNT$20.1b17.3x23.1x1.3x
Thu, 03 Feb 2022NT$476.6bNT$354.9bNT$20.2b17x23.5x1.3x
Sat, 01 Jan 2022NT$503.8bNT$354.9bNT$20.2b18.5x24.9x1.4x
Mon, 29 Nov 2021NT$475.2bNT$354.9bNT$20.2b17.7x23.5x1.3x
Wed, 27 Oct 2021NT$478.1bNT$365.4bNT$21.5b17.3x22.3x1.3x
Fri, 24 Sep 2021NT$464.1bNT$365.4bNT$21.5b17.4x21.6x1.3x
Sun, 22 Aug 2021NT$460.3bNT$364.2bNT$21.4b16x21.5x1.3x
Fri, 09 Jul 2021NT$535.5bNT$364.2bNT$21.4b18.3x25.1x1.5x
Thu, 01 Apr 2021NT$544.8bNT$341.1bNT$21.2b21.8x25.7x1.6x
Sun, 03 Jan 2021NT$492.7bNT$324.7bNT$14.3b28x34.4x1.5x
Wed, 07 Oct 2020NT$420.1bNT$321.6bNT$10.1b25.7x41.6x1.3x
Tue, 30 Jun 2020NT$412.2bNT$323.0bNT$7.8b22x52.5x1.3x
Fri, 03 Apr 2020NT$338.9bNT$347.1bNT$10.1b14.9x33.7x1x
Mon, 06 Jan 2020NT$477.7bNT$363.2bNT$16.3b18.8x29.2x1.3x
Price to Earnings Ratio

26.7x


Total Market Cap: NT$471.2bTotal Earnings: NT$17.6bTotal Revenue: NT$361.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Auto Components Industry Price to Earnings3Y Average 31.9x202020212022
Current Industry PE
  • Investors are pessimistic on the Taiwanese Auto Components industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 23.1x which is lower than its 3-year average PE of 31.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 5.0% 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 industry?

TW Market1.74%
Consumer Discretionary1.96%
Auto Components1.12%
Tires and Rubber2.60%
Auto Parts and Equipment0.17%
Industry PE
  • Investors are most optimistic about the Tires and Rubber industry, which is trading close to its 3-year average PE ratio of 45.0x.
    • Analysts are expecting annual earnings growth of 15.9%, which is higher than its past year's earnings decline of 34.2% per year.
  • Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 31.5x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 16% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2105 Cheng Shin Rubber IndNT$34.352.5%
+NT$2.8b
-0.1%PE22.5x
2101 Nankang Rubber TireLtdNT$35.402.5%
+NT$708.8m
-9.5%PS3.8x
2102 FederalNT$21.257.3%
+NT$666.4m
-18.9%PS6.1x
4566 GLOBAL TEK FABRICATIONNT$57.709.7%
+NT$641.2m
32.6%PE10.8x
2106 Kenda Rubber IndustrialNT$31.302.1%
+NT$591.1m
4.3%PE60.3x
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Latest News

2254

NT$79.50

Coplus

7D

-9.5%

1Y

-19.1%

2102

NT$21.25

Federal

7D

7.3%

1Y

-18.9%

3552

NT$150.00

Tung Thih Electronic

7D

-0.7%

1Y

-19.1%

9951

NT$60.30

Macauto Industrial

7D

-3.7%

1Y

-22.9%

8255

NT$157.50

Actron Technology

7D

3.6%

1Y

-30.8%

6279

NT$154.00

Hu Lane Associate

7D

-0.6%

1Y

22.2%

4566

NT$57.70

GLOBAL TEK FABRICATION

7D

9.7%

1Y

32.6%

4551

NT$159.50

Global PMX

7D

1.9%

1Y

-10.4%

2228

NT$77.90

Iron Force Industrial

7D

-1.9%

1Y

13.9%

2231

NT$143.50

Cub Elecparts

7D

-1.4%

1Y

-6.3%

2105

NT$34.35

Cheng Shin Rubber Ind

7D

2.5%

1Y

-0.1%

2106

NT$31.30

Kenda Rubber Industrial

7D

2.1%

1Y

4.3%

2101

NT$35.40

Nankang Rubber TireLtd

7D

2.5%

1Y

-9.5%

1536

NT$72.60

Hota Industrial Mfg

7D

1.3%

1Y

-20.2%

1522

NT$26.60

TYC Brother Industrial

7D

-1.8%

1Y

37.5%

1319

NT$45.05

Tong Yang Industry

7D

-1.4%

1Y

37.8%