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Taiwanese (TAIEX) Tires and Rubber Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies6
  • 7D2.0%
  • 3M1.8%
  • 1Y8.4%
  • YTDn/a

Over the last 7 days, the Tires and Rubber industry has remained flat, although notably Kenda Rubber Industrial gained 4.6%. The past year has been better, since the industry has gained 8.1% in that time. As for the next few years, earnings are expected to grow by 6.7% per annum.

Industry Valuation and Performance

Has the Taiwanese Tires and Rubber Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025NT$249.9bNT$154.2bNT$12.8b16.2x19.5x1.6x
Tue, 14 Jan 2025NT$237.3bNT$154.2bNT$12.8b15.8x18.5x1.5x
Thu, 12 Dec 2024NT$248.9bNT$154.2bNT$12.8b16.6x19.5x1.6x
Sat, 09 Nov 2024NT$236.2bNT$147.4bNT$10.0b17x23.5x1.6x
Mon, 07 Oct 2024NT$258.1bNT$147.3bNT$10.0b21x25.8x1.8x
Wed, 04 Sep 2024NT$253.6bNT$147.3bNT$10.0b20x25.4x1.7x
Fri, 02 Aug 2024NT$253.2bNT$146.6bNT$9.0b20.2x28.2x1.7x
Sun, 30 Jun 2024NT$254.1bNT$146.6bNT$9.0b20.5x28.3x1.7x
Tue, 28 May 2024NT$284.8bNT$146.6bNT$9.0b24x31.8x1.9x
Thu, 25 Apr 2024NT$242.8bNT$146.2bNT$7.1b20.8x34.4x1.7x
Sat, 23 Mar 2024NT$234.4bNT$146.5bNT$6.9b21.7x34.1x1.6x
Mon, 19 Feb 2024NT$230.5bNT$146.2bNT$4.6b14.3x49.9x1.6x
Wed, 17 Jan 2024NT$220.0bNT$146.9bNT$4.7b17.9x47.1x1.5x
Fri, 15 Dec 2023NT$225.0bNT$146.9bNT$4.7b18.6x48.1x1.5x
Sun, 12 Nov 2023NT$221.0bNT$150.2bNT$4.1b18x53.8x1.5x
Tue, 10 Oct 2023NT$216.5bNT$150.2bNT$4.1b17.5x52.7x1.4x
Thu, 07 Sep 2023NT$206.3bNT$150.2bNT$4.1b16.7x50.2x1.4x
Sat, 05 Aug 2023NT$196.9bNT$152.2bNT$3.1b19.2x63.7x1.3x
Mon, 03 Jul 2023NT$210.1bNT$152.2bNT$3.1b20.5x67.9x1.4x
Wed, 31 May 2023NT$207.5bNT$153.9bNT$2.7b19.9x77.5x1.3x
Fri, 28 Apr 2023NT$200.2bNT$155.4bNT$3.5b24.5x57.3x1.3x
Sun, 26 Mar 2023NT$202.3bNT$155.7bNT$3.9b24.6x52.2x1.3x
Tue, 21 Feb 2023NT$189.6bNT$157.3bNT$4.1b22.7x46.3x1.2x
Thu, 19 Jan 2023NT$185.5bNT$157.3bNT$4.1b22.6x45.3x1.2x
Sat, 17 Dec 2022NT$185.2bNT$157.3bNT$4.1b22.4x45.2x1.2x
Mon, 14 Nov 2022NT$181.3bNT$157.1bNT$3.7b21.8x48.5x1.2x
Wed, 12 Oct 2022NT$188.3bNT$153.4bNT$3.1b25.5x60.9x1.2x
Fri, 09 Sep 2022NT$193.9bNT$153.4bNT$3.1b25.8x62.7x1.3x
Sun, 07 Aug 2022NT$198.4bNT$153.3bNT$3.0b23.5x66x1.3x
Tue, 05 Jul 2022NT$192.3bNT$153.3bNT$3.0b23.4x63.9x1.3x
Thu, 02 Jun 2022NT$197.0bNT$153.3bNT$3.0b23.7x65.5x1.3x
Sat, 30 Apr 2022NT$189.1bNT$155.7bNT$4.4b20.6x42.8x1.2x
Mon, 28 Mar 2022NT$198.2bNT$157.5bNT$6.4b19.2x30.9x1.3x
Wed, 23 Feb 2022NT$204.5bNT$159.8bNT$8.8b19.1x23.3x1.3x
Price to Earnings Ratio

23.3x


Total Market Cap: NT$204.5bTotal Earnings: NT$8.8bTotal Revenue: NT$159.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tires and Rubber Industry Price to Earnings3Y Average 44.9x202320242025
Current Industry PE
  • Investors are pessimistic on the Taiwanese Tires and Rubber 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 19.1x which is lower than its 3-year average PE of 44.9x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Tires and Rubber industry have grown 13% 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 Comparison

How does Taiwanese Tires and Rubber compare with similar industries?

TW Market-1.29%
Consumer Discretionary0.38%
Auto Components1.43%
Tires and Rubber2.04%
Auto Parts and Equipment1.06%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2105 Cheng Shin Rubber IndNT$51.701.0%
+NT$1.6b		11.1%PE19.8x
2106 Kenda Rubber IndustrialNT$28.406.0%
+NT$1.5b		-6.3%PE18.3x
2101 Nankang Rubber TireLtdNT$45.703.3%
+NT$1.2b		8.3%PE11.8x
2102 FederalNT$19.206.4%
+NT$528.5m		3.8%PS37.6x
2109 Hwa Fong Rubber IndustrialNT$18.501.6%
+NT$83.8m		25.4%PE11.9x
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Latest News

2105

NT$51.70

Cheng Shin Rubber Ind

7D

1.0%

1Y

11.1%

2109

NT$18.50

Hwa Fong Rubber Industrial

7D

1.6%

1Y

25.4%

Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

Nov 20
Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

2102

NT$19.20

Federal

7D

6.4%

1Y

3.8%

2101

NT$45.70

Nankang Rubber TireLtd

7D

3.3%

1Y

8.3%

2106

NT$28.40

Kenda Rubber Industrial

7D

6.0%

1Y

-6.3%

2115

NT$30.05

Luhai Holding

7D

0.5%

1Y

8.8%

Why Luhai Holding's (TWSE:2115) Shaky Earnings Are Just The Beginning Of Its Problems

Nov 12
Why Luhai Holding's (TWSE:2115) Shaky Earnings Are Just The Beginning Of Its Problems