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Taiwanese (TAIEX) Auto Components Industry Analysis

UpdatedJul 16, 2024
DataAggregated Company Financials
Companies64
  • 7D-0.09%
  • 3M4.4%
  • 1Y19.4%
  • YTD11.1%

Over the last 7 days, the Auto Components industry has dropped 1.1%, driven by declines in Actron Technology and Tong Yang Industry of 9.5% and 3.3%, respectively. Over the past 12 months, the industry was up 20%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Jul 2024NT$669.4bNT$381.8bNT$28.3b19.1x23.7x1.8x
Thu, 13 Jun 2024NT$684.3bNT$381.8bNT$28.3b20.4x24.2x1.8x
Sat, 11 May 2024NT$655.7bNT$379.3bNT$23.7b22.4x27.7x1.7x
Mon, 08 Apr 2024NT$653.2bNT$378.0bNT$23.3b22.8x28x1.7x
Wed, 06 Mar 2024NT$600.9bNT$369.2bNT$19.5b22.7x30.9x1.6x
Fri, 02 Feb 2024NT$572.6bNT$369.7bNT$19.5b22.2x29.4x1.5x
Sun, 31 Dec 2023NT$584.9bNT$369.5bNT$19.5b22.5x30x1.6x
Tue, 28 Nov 2023NT$578.5bNT$369.2bNT$19.6b22.1x29.6x1.6x
Thu, 26 Oct 2023NT$561.8bNT$373.4bNT$19.5b17.2x28.8x1.5x
Sat, 23 Sep 2023NT$560.3bNT$373.4bNT$19.5b16.4x28.8x1.5x
Mon, 21 Aug 2023NT$523.3bNT$372.0bNT$19.7b15.8x26.6x1.4x
Wed, 19 Jul 2023NT$539.6bNT$371.2bNT$18.8b17x28.8x1.5x
Fri, 16 Jun 2023NT$559.5bNT$371.2bNT$18.9b17.5x29.7x1.5x
Sun, 14 May 2023NT$514.9bNT$370.2bNT$19.7b17.4x26.1x1.4x
Tue, 11 Apr 2023NT$520.2bNT$370.8bNT$19.7b18.2x26.4x1.4x
Thu, 09 Mar 2023NT$509.5bNT$369.0bNT$20.6b15.3x24.8x1.4x
Sat, 04 Feb 2023NT$485.8bNT$368.6bNT$20.4b14.8x23.8x1.3x
Mon, 02 Jan 2023NT$461.8bNT$368.6bNT$20.4b13.9x22.6x1.3x
Wed, 30 Nov 2022NT$479.5bNT$368.6bNT$20.4b14.4x23.5x1.3x
Fri, 28 Oct 2022NT$452.6bNT$352.7bNT$16.3b15.7x27.8x1.3x
Sun, 25 Sep 2022NT$514.8bNT$352.7bNT$16.3b17.3x31.6x1.5x
Tue, 23 Aug 2022NT$495.3bNT$354.1bNT$16.5b17.2x30x1.4x
Thu, 21 Jul 2022NT$478.6bNT$350.9bNT$14.7b19.5x32.6x1.4x
Sat, 18 Jun 2022NT$470.0bNT$350.9bNT$14.7b19.6x32x1.3x
Mon, 16 May 2022NT$442.5bNT$349.1bNT$15.0b19.7x29.5x1.3x
Wed, 13 Apr 2022NT$469.4bNT$349.6bNT$15.9b18.8x29.5x1.3x
Fri, 11 Mar 2022NT$466.8bNT$355.2bNT$20.1b17.4x23.2x1.3x
Sun, 06 Feb 2022NT$476.6bNT$354.9bNT$20.2b17x23.5x1.3x
Tue, 04 Jan 2022NT$501.9bNT$354.9bNT$20.2b18.7x24.8x1.4x
Thu, 02 Dec 2021NT$478.3bNT$354.9bNT$20.2b18.2x23.6x1.3x
Sat, 30 Oct 2021NT$473.3bNT$365.4bNT$21.5b18x22.1x1.3x
Mon, 27 Sep 2021NT$465.4bNT$365.4bNT$21.5b17.3x21.7x1.3x
Wed, 25 Aug 2021NT$484.8bNT$365.4bNT$21.5b16.9x22.6x1.3x
Price to Earnings Ratio

24.3x


Total Market Cap: NT$520.3bTotal Earnings: NT$21.4bTotal Revenue: NT$364.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Auto Components Industry Price to Earnings3Y Average 27x202220232024
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 23.7x which is lower than its 3-year average PE of 27.0x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 9.8% 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 Market-0.0043%
Consumer Discretionary0.45%
Auto Components-0.085%
Tires and Rubber0.64%
Auto Parts and Equipment-0.51%
Industry PE
  • Investors are most optimistic about the Tires and Rubber industry even though it's trading below its 3-year average PE ratio of 44.5x.
    • Analysts are expecting annual earnings growth of 12.4%, which is lower than the prior year's growth of 51.2% per year.
  • Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average of 23.0x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 12% 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
6605 Depo Auto Parts IndustrialNT$263.009.6%
+NT$3.8b		141.3%PE15.5x
2101 Nankang Rubber TireLtdNT$54.006.7%
+NT$2.8b		42.7%PE231.5x
2105 Cheng Shin Rubber IndNT$46.901.5%
+NT$2.3b		19.8%PE19.4x
1536 Hota Industrial MfgNT$73.809.8%
+NT$1.8b		11.1%PE61.9x
4566 GLOBAL TEK FABRICATIONNT$104.5019.4%
+NT$1.6b		54.1%PE28.5x
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Latest News

4566

NT$104.50

GLOBAL TEK FABRICATION

7D

19.4%

1Y

54.1%

1319

NT$101.50

Tong Yang Industry

7D

-0.5%

1Y

87.6%

Why Investors Shouldn't Be Surprised By Tong Yang Industry Co., Ltd.'s (TWSE:1319) Low P/E

Jul 16
Why Investors Shouldn't Be Surprised By Tong Yang Industry Co., Ltd.'s (TWSE:1319) Low P/E

2250

NT$100.50

IKKA Holdings (Cayman)

7D

-4.7%

1Y

42.8%

IKKA Holdings (Cayman) (TWSE:2250) Will Want To Turn Around Its Return Trends

Jul 12
IKKA Holdings (Cayman) (TWSE:2250) Will Want To Turn Around Its Return Trends

2228

NT$108.00

Iron Force Industrial

7D

-2.3%

1Y

8.4%

1522

NT$71.00

TYC Brother Industrial

7D

4.9%

1Y

108.5%

1536

NT$73.80

Hota Industrial Mfg

7D

9.8%

1Y

11.1%

Earnings Not Telling The Story For Hota Industrial Mfg. Co., Ltd. (TWSE:1536) After Shares Rise 30%

Jul 12
Earnings Not Telling The Story For Hota Industrial Mfg. Co., Ltd. (TWSE:1536) After Shares Rise 30%

2236

NT$97.20

Patec Precision Industry

7D

-7.4%

1Y

45.1%

Optimistic Investors Push Patec Precision Industry Co., Ltd. (TWSE:2236) Shares Up 25% But Growth Is Lacking

Jul 12
Optimistic Investors Push Patec Precision Industry Co., Ltd. (TWSE:2236) Shares Up 25% But Growth Is Lacking

8255

NT$198.00

Actron Technology

7D

-5.0%

1Y

9.1%

2105

NT$46.90

Cheng Shin Rubber Ind

7D

1.5%

1Y

19.8%

Are Investors Undervaluing Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) By 29%?

Jul 02
Are Investors Undervaluing Cheng Shin Rubber Ind. Co., Ltd. (TWSE:2105) By 29%?

2101

NT$54.00

Nankang Rubber TireLtd

7D

6.7%

1Y

42.7%

The Returns At Nankang Rubber TireLtd (TWSE:2101) Aren't Growing

Jun 30
The Returns At Nankang Rubber TireLtd (TWSE:2101) Aren't Growing

6605

NT$263.00

Depo Auto Parts Industrial

7D

9.6%

1Y

141.3%

Depo Auto Parts Industrial (TWSE:6605) Is Increasing Its Dividend To NT$6.50

Jun 30
Depo Auto Parts Industrial (TWSE:6605) Is Increasing Its Dividend To NT$6.50

2442

NT$34.50

JeanLtd

7D

8.5%

1Y

104.8%

6279

NT$168.00

Hu Lane Associate

7D

4.0%

1Y

4.7%

2109

NT$18.50

Hwa Fong Rubber Industrial

7D

-8.0%

1Y

27.6%

1524

NT$32.55

Gordon Auto Body Parts

7D

-3.7%

1Y

46.3%

6722

NT$58.90

Whetron ElectronicsLtd

7D

-4.2%

1Y

13.7%