Header cover image

Taiwanese (TAIEX) Auto Components Industry Analysis

UpdatedAug 14, 2024
DataAggregated Company Financials
Companies64
  • 7D6.2%
  • 3M-5.7%
  • 1Y19.6%
  • YTD5.8%

Over the last 7 days, the Auto Components industry has risen 6.3%, driven by gains from Cheng Shin Rubber Ind of 5.7%. In the last 12 months, the industry was up 20%. Looking forward, 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
Wed, 14 Aug 2024NT$639.7bNT$380.7bNT$28.6b17.9x22.3x1.7x
Fri, 12 Jul 2024NT$666.7bNT$381.8bNT$28.3b19.2x23.6x1.7x
Sun, 09 Jun 2024NT$687.1bNT$381.8bNT$28.3b21.3x24.3x1.8x
Tue, 07 May 2024NT$659.6bNT$379.4bNT$23.8b21.7x27.8x1.7x
Thu, 04 Apr 2024NT$653.1bNT$374.2bNT$23.0b22x28.4x1.7x
Sat, 02 Mar 2024NT$602.3bNT$369.0bNT$19.4b23x31x1.6x
Mon, 29 Jan 2024NT$572.9bNT$369.7bNT$19.5b21.9x29.4x1.5x
Wed, 27 Dec 2023NT$578.6bNT$369.5bNT$19.5b22.6x29.6x1.6x
Fri, 24 Nov 2023NT$580.2bNT$370.3bNT$19.9b21.8x29.1x1.6x
Sun, 22 Oct 2023NT$554.7bNT$373.4bNT$19.5b16.9x28.5x1.5x
Tue, 19 Sep 2023NT$564.2bNT$373.4bNT$19.5b16.4x29x1.5x
Thu, 17 Aug 2023NT$519.7bNT$371.2bNT$19.3b16x26.9x1.4x
Sat, 15 Jul 2023NT$544.7bNT$371.2bNT$18.8b16.8x29x1.5x
Mon, 12 Jun 2023NT$543.7bNT$369.5bNT$18.5b17x29.4x1.5x
Wed, 10 May 2023NT$517.4bNT$370.1bNT$19.7b18x26.3x1.4x
Fri, 07 Apr 2023NT$515.2bNT$370.8bNT$20.2b14.8x25.5x1.4x
Sun, 05 Mar 2023NT$496.4bNT$369.3bNT$20.6b14.6x24.1x1.3x
Tue, 31 Jan 2023NT$473.6bNT$368.6bNT$20.4b14.1x23.2x1.3x
Thu, 29 Dec 2022NT$461.5bNT$368.6bNT$20.4b13.6x22.6x1.3x
Sat, 26 Nov 2022NT$471.7bNT$368.6bNT$20.4b14.1x23.1x1.3x
Mon, 24 Oct 2022NT$444.8bNT$352.7bNT$16.3b15.8x27.3x1.3x
Wed, 21 Sep 2022NT$534.1bNT$352.7bNT$16.3b17.5x32.8x1.5x
Fri, 19 Aug 2022NT$502.0bNT$353.1bNT$16.5b19.2x30.4x1.4x
Sun, 17 Jul 2022NT$480.8bNT$350.9bNT$14.7b19.4x32.7x1.4x
Tue, 14 Jun 2022NT$474.0bNT$350.9bNT$14.7b19.8x32.3x1.4x
Thu, 12 May 2022NT$442.2bNT$351.2bNT$15.7b19.1x28.2x1.3x
Sat, 09 Apr 2022NT$477.0bNT$349.6bNT$15.9b18.9x30x1.4x
Mon, 07 Mar 2022NT$477.6bNT$355.2bNT$20.1b17.6x23.8x1.3x
Wed, 02 Feb 2022NT$476.6bNT$354.9bNT$20.2b17x23.5x1.3x
Fri, 31 Dec 2021NT$503.6bNT$354.9bNT$20.2b18.5x24.9x1.4x
Sun, 28 Nov 2021NT$475.2bNT$354.9bNT$20.2b17.7x23.5x1.3x
Tue, 26 Oct 2021NT$473.5bNT$365.4bNT$21.5b16.9x22.1x1.3x
Thu, 23 Sep 2021NT$461.9bNT$365.4bNT$21.5b17x21.5x1.3x
Sat, 21 Aug 2021NT$460.3bNT$364.2bNT$21.4b16x21.5x1.3x
Price to Earnings Ratio

21.5x


Total Market Cap: NT$460.3bTotal Earnings: NT$21.4bTotal Revenue: NT$364.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Auto Components Industry Price to Earnings3Y Average 26.9x202220232024
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 22.3x which is lower than its 3-year average PE of 26.9x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 10% 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 Market6.54%
Consumer Discretionary4.47%
Auto Components6.24%
Auto Parts and Equipment6.74%
Tires and Rubber5.45%
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 44.4x.
    • 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 below its 3-year average of 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% 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
2105 Cheng Shin Rubber IndNT$48.105.7%
+NT$8.4b		26.7%PE19.3x
1319 Tong Yang IndustryNT$90.006.3%
+NT$3.1b		45.4%PE14.4x
1522 TYC Brother IndustrialNT$68.8016.6%
+NT$3.1b		123.4%PE12.2x
2101 Nankang Rubber TireLtdNT$50.307.4%
+NT$2.9b		30.3%PE215.6x
1563 SuperAlloy IndustrialNT$66.108.4%
+NT$2.6b		13.6%PE21.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

4551

NT$111.00

Global PMX

7D

17.2%

1Y

-16.2%

2105

NT$48.10

Cheng Shin Rubber Ind

7D

5.7%

1Y

26.7%

1522

NT$68.80

TYC Brother Industrial

7D

16.6%

1Y

123.4%

1563

NT$66.10

SuperAlloy Industrial

7D

8.4%

1Y

13.6%

2255

NT$36.90

JET Optoelectronics

7D

-1.5%

1Y

-38.2%

1512

NT$7.28

Jui Li Enterprise

7D

-0.3%

1Y

-40.8%

Investors Don't See Light At End Of Jui Li Enterprise Co., Ltd.'s (TWSE:1512) Tunnel

Aug 09
Investors Don't See Light At End Of Jui Li Enterprise Co., Ltd.'s (TWSE:1512) Tunnel

2243

NT$23.70

HORNG SHIUE HOLDING

7D

-0.8%

1Y

58.5%

6605

NT$240.00

Depo Auto Parts Industrial

7D

4.1%

1Y

100.0%

Depo Auto Parts Industrial (TWSE:6605) Has A Rock Solid Balance Sheet

Aug 08
Depo Auto Parts Industrial (TWSE:6605) Has A Rock Solid Balance Sheet

2254

NT$86.90

Coplus

7D

-2.1%

1Y

-22.1%

4566

NT$91.50

GLOBAL TEK FABRICATION

7D

22.7%

1Y

76.3%

2101

NT$50.30

Nankang Rubber TireLtd

7D

7.4%

1Y

30.3%

1319

NT$90.00

Tong Yang Industry

7D

6.3%

1Y

45.4%

4581

NT$50.50

World Known MFG (Cayman)

7D

-1.0%

1Y

-17.9%

4570

NT$79.00

Jason

7D

-4.5%

1Y

n/a

7736

NT$101.00

Hushan Autoparts

7D

-2.4%

1Y

n/a

6867

NT$24.35

Tan De Tech

7D

-6.2%

1Y

-40.7%