Taiwanese (TAIEX) Auto Components Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies62
- 7D2.4%
- 3M0.5%
- 1Y4.4%
- YTD21.0%
In the last week, the Auto Components industry is up 2.4%, with Cheng Shin Rubber Ind leading the way, up 1.8%. This takes the industry's 12 month performance to a gain of 4.4%. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Taiwanese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | NT$566.9b | NT$373.4b | NT$19.5b | 16.3x | 29.1x | 1.5x |
| Sat, 19 Aug 2023 | NT$523.3b | NT$372.1b | NT$19.6b | 16x | 26.7x | 1.4x |
| Mon, 17 Jul 2023 | NT$544.7b | NT$371.2b | NT$18.8b | 16.8x | 29x | 1.5x |
| Wed, 14 Jun 2023 | NT$553.1b | NT$369.5b | NT$18.5b | 17.1x | 29.9x | 1.5x |
| Fri, 12 May 2023 | NT$512.2b | NT$370.1b | NT$19.7b | 17.2x | 26.1x | 1.4x |
| Sun, 09 Apr 2023 | NT$520.2b | NT$370.8b | NT$19.7b | 18.1x | 26.4x | 1.4x |
| Tue, 07 Mar 2023 | NT$501.8b | NT$369.0b | NT$20.6b | 15.1x | 24.4x | 1.4x |
| Thu, 02 Feb 2023 | NT$482.3b | NT$368.6b | NT$20.4b | 14.4x | 23.6x | 1.3x |
| Sat, 31 Dec 2022 | NT$461.8b | NT$368.6b | NT$20.4b | 13.9x | 22.6x | 1.3x |
| Mon, 28 Nov 2022 | NT$472.0b | NT$368.6b | NT$20.4b | 14.1x | 23.1x | 1.3x |
| Wed, 26 Oct 2022 | NT$442.8b | NT$352.7b | NT$16.3b | 15.5x | 27.2x | 1.3x |
| Fri, 23 Sep 2022 | NT$529.2b | NT$352.7b | NT$16.3b | 17.3x | 32.5x | 1.5x |
| Sun, 21 Aug 2022 | NT$502.1b | NT$353.8b | NT$16.5b | 18.9x | 30.5x | 1.4x |
| Tue, 19 Jul 2022 | NT$480.8b | NT$350.9b | NT$14.7b | 19.4x | 32.7x | 1.4x |
| Thu, 16 Jun 2022 | NT$476.4b | NT$350.9b | NT$14.7b | 20x | 32.4x | 1.4x |
| Sat, 14 May 2022 | NT$440.5b | NT$348.9b | NT$15.0b | 19.7x | 29.4x | 1.3x |
| Mon, 11 Apr 2022 | NT$477.0b | NT$349.6b | NT$15.9b | 18.9x | 30x | 1.4x |
| Wed, 09 Mar 2022 | NT$463.6b | NT$355.2b | NT$20.1b | 17x | 23.1x | 1.3x |
| Fri, 04 Feb 2022 | NT$476.6b | NT$354.9b | NT$20.2b | 17x | 23.5x | 1.3x |
| Sun, 02 Jan 2022 | NT$504.1b | NT$354.9b | NT$20.2b | 18.5x | 24.9x | 1.4x |
| Tue, 30 Nov 2021 | NT$473.5b | NT$354.9b | NT$20.2b | 17.8x | 23.4x | 1.3x |
| Thu, 28 Oct 2021 | NT$476.5b | NT$365.4b | NT$21.5b | 17.9x | 22.2x | 1.3x |
| Sat, 25 Sep 2021 | NT$464.4b | NT$365.4b | NT$21.5b | 17.3x | 21.6x | 1.3x |
| Mon, 23 Aug 2021 | NT$480.7b | NT$365.4b | NT$21.5b | 16.4x | 22.4x | 1.3x |
| Sat, 10 Jul 2021 | NT$535.5b | NT$364.2b | NT$21.4b | 18.3x | 25.1x | 1.5x |
| Fri, 02 Apr 2021 | NT$544.8b | NT$341.1b | NT$21.2b | 21.8x | 25.7x | 1.6x |
| Mon, 04 Jan 2021 | NT$492.7b | NT$324.7b | NT$14.3b | 28x | 34.4x | 1.5x |
| Thu, 08 Oct 2020 | NT$420.1b | NT$321.6b | NT$10.1b | 25.7x | 41.6x | 1.3x |
Price to Earnings Ratio
41.6x
Current Industry PE
- Investors are relatively neutral on the Taiwanese Auto Components industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.5x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 5.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Taiwanese Consumer Discretionary industry?
| TW Market | 0.50% | |
| Consumer Discretionary | 0.43% | |
| Auto Components | 2.44% | |
| Tires and Rubber | 3.60% | |
| Auto Parts and Equipment | 1.72% | |
Industry PE
- Investors are most optimistic about the Tires and Rubber industry which is trading above its 3-year average PE ratio of 39.9x.
- Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings growth of 10.3% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 29.1x.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2105 Cheng Shin Rubber Ind | NT$43.40 | 1.8% +NT$2.4b | 10.6% | PE23.1x | |
| 1319 Tong Yang Industry | NT$78.00 | 4.8% +NT$2.1b | 41.6% | PE20.1x | |
| 6605 Depo Auto Parts Industrial | NT$131.50 | 5.2% +NT$1.1b | 64.6% | PE11x | |
| 9951 Macauto Industrial | NT$81.00 | 10.1% +NT$554.3m | 19.6% | PE12.7x | |
| 2102 Federal | NT$18.65 | 4.8% +NT$390.6m | -12.2% | PS6.8x |