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Taiwanese (TAIEX) Tires and Rubber Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies6
  • 7D1.8%
  • 3M0.2%
  • 1Y10.7%
  • YTDn/a

The Tires and Rubber industry is up 1.1% in the last week, with Nankang Rubber TireLtd up 5.2%. This takes the industry's 12 month performance to a gain of 9.8%. Looking forward, earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025NT$241.5bNT$154.2bNT$12.8b15.8x18.9x1.6x
Thu, 19 Dec 2024NT$245.5bNT$58.0bNT$4.3b14.4x56.5x4.2x
Sat, 16 Nov 2024NT$245.6bNT$147.5bNT$10.4b16.7x23.6x1.7x
Mon, 14 Oct 2024NT$245.6bNT$147.3bNT$10.0b19.5x24.6x1.7x
Wed, 11 Sep 2024NT$246.1bNT$147.3bNT$10.0b19.5x24.6x1.7x
Fri, 09 Aug 2024NT$237.8bNT$146.6bNT$9.0b19.1x26.5x1.6x
Sun, 07 Jul 2024NT$250.4bNT$146.6bNT$9.0b19.8x27.9x1.7x
Tue, 04 Jun 2024NT$303.5bNT$146.6bNT$9.0b25.6x33.8x2.1x
Thu, 02 May 2024NT$250.6bNT$146.2bNT$7.1b21.3x35.5x1.7x
Sat, 30 Mar 2024NT$242.3bNT$146.5bNT$6.9b22.6x35.2x1.7x
Mon, 26 Feb 2024NT$228.0bNT$146.2bNT$4.6b15.1x49.4x1.6x
Wed, 24 Jan 2024NT$219.2bNT$146.9bNT$4.7b17.8x46.9x1.5x
Fri, 22 Dec 2023NT$235.6bNT$146.9bNT$4.7b19.1x50.4x1.6x
Sun, 19 Nov 2023NT$229.5bNT$147.4bNT$4.8b18.9x48x1.6x
Tue, 17 Oct 2023NT$219.3bNT$150.2bNT$4.1b17.9x53.4x1.5x
Thu, 14 Sep 2023NT$216.0bNT$150.2bNT$4.1b17.7x52.6x1.4x
Sat, 12 Aug 2023NT$201.0bNT$152.1bNT$3.2b18x63.5x1.3x
Mon, 10 Jul 2023NT$203.4bNT$152.2bNT$3.1b19.9x65.8x1.3x
Wed, 07 Jun 2023NT$204.8bNT$152.2bNT$3.1b19.9x66.2x1.3x
Fri, 05 May 2023NT$205.8bNT$155.4bNT$3.5b25.3x58.9x1.3x
Sun, 02 Apr 2023NT$198.4bNT$155.4bNT$3.9b23.9x50.5x1.3x
Tue, 28 Feb 2023NT$188.6bNT$157.3bNT$4.1b22.4x46x1.2x
Thu, 26 Jan 2023NT$185.5bNT$157.3bNT$4.1b22.6x45.3x1.2x
Sat, 24 Dec 2022NT$182.9bNT$157.3bNT$4.1b22.1x44.6x1.2x
Mon, 21 Nov 2022NT$183.0bNT$157.3bNT$4.1b21.9x44.7x1.2x
Wed, 19 Oct 2022NT$183.7bNT$153.4bNT$3.1b25.1x59.4x1.2x
Fri, 16 Sep 2022NT$207.6bNT$153.4bNT$3.1b28.3x67.1x1.4x
Sun, 14 Aug 2022NT$196.9bNT$153.1bNT$2.6b26x75.6x1.3x
Tue, 12 Jul 2022NT$195.1bNT$153.3bNT$3.0b23.9x64.9x1.3x
Thu, 09 Jun 2022NT$195.5bNT$153.3bNT$3.0b23.9x65x1.3x
Sat, 07 May 2022NT$190.2bNT$155.7bNT$4.4b20.7x43x1.2x
Mon, 04 Apr 2022NT$203.0bNT$155.7bNT$4.4b22.1x45.9x1.3x
Wed, 02 Mar 2022NT$200.4bNT$159.8bNT$8.8b15.9x22.9x1.3x
Fri, 28 Jan 2022NT$199.3bNT$159.8bNT$8.8b15.5x22.7x1.2x
Price to Earnings Ratio

22.7x


Total Market Cap: NT$199.3bTotal 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 45x202320242025
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 18.7x which is lower than its 3-year average PE of 45.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.4x.
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 Market3.46%
Consumer Discretionary2.81%
Auto Components2.24%
Tires and Rubber1.78%
Auto Parts and Equipment2.53%
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
2101 Nankang Rubber TireLtdNT$44.602.8%
+NT$1.0b		8.0%PE11.5x
2106 Kenda Rubber IndustrialNT$26.552.1%
+NT$525.2m		-9.7%PE17.1x
2102 FederalNT$18.304.9%
+NT$390.6m		2.2%PS35.9x
2109 Hwa Fong Rubber IndustrialNT$18.000.6%
+NT$27.9m		25.4%PE11.6x
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