Taiwanese (TAIEX) Consumer Durables Industry Analysis
- 7D-0.2%
- 3M-0.5%
- 1Y8.0%
- YTD7.8%
Over the last 7 days, the Consumer Durables industry has dropped 1.3%, driven by a pullback from Nien Made Enterprise of 1.7%. Meanwhile, Jia Wei Lifestyle actually outperformed within the industry, gaining 7.8% in the last week. This takes the industry's 12 month performance to a gain of 5.9%.
Industry Valuation and Performance
Has the Taiwanese Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | NT$319.3b | NT$341.4b | NT$22.1b | 12.4x |
| Thu, 04 Nov 2021 | NT$314.0b | NT$340.8b | NT$24.8b | 11.2x |
| Sat, 02 Oct 2021 | NT$305.3b | NT$340.2b | NT$24.7b | 11.1x |
| Mon, 30 Aug 2021 | NT$322.5b | NT$340.2b | NT$24.7b | 10.9x |
| Tue, 06 Jul 2021 | NT$337.3b | NT$340.2b | NT$24.7b | 12.1x |
| Fri, 09 Apr 2021 | NT$338.4b | NT$327.8b | NT$23.6b | 12.6x |
| Thu, 31 Dec 2020 | NT$295.3b | NT$308.8b | NT$15.2b | 13.4x |
| Sun, 04 Oct 2020 | NT$280.0b | NT$301.3b | NT$13.4b | 13.8x |
| Wed, 08 Jul 2020 | NT$252.2b | NT$293.8b | NT$11.2b | 18.4x |
| Tue, 31 Mar 2020 | NT$185.1b | NT$303.4b | NT$11.6b | 13.5x |
| Fri, 03 Jan 2020 | NT$254.1b | NT$314.8b | NT$12.5b | 15.7x |
| Mon, 07 Oct 2019 | NT$242.6b | NT$317.2b | NT$14.1b | 15.2x |
| Sun, 30 Jun 2019 | NT$229.9b | NT$319.9b | NT$13.8b | 15.7x |
| Wed, 03 Apr 2019 | NT$243.6b | NT$316.1b | NT$13.2b | 17.4x |
| Sat, 05 Jan 2019 | NT$206.1b | NT$309.4b | NT$11.4b | 13.3x |
13.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.8x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Durables industry have grown 25% per year over the last three years, and revenues for these companies have grown 3.3% 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 Durables industry?
| Housewares and Specialties | 4.67% | |
| Household Appliances | 1.05% | |
| Home Furnishings | -0.35% | |
| Consumer Electronics | -1.22% | |
Industry PE: Investors are most optimistic about the Home Furnishings industry which is trading above its 3-year average PE ratio of 13.9x. This is likely because analysts are expecting annual earnings growth of 13%, which is higher than its past year's earnings growth of 8.3% per year. Meanwhile, investors are most pessimistic about the Consumer Electronics industry, which is trading below its 3-year average of 22.4x.
Forecasted Growth: Analysts are most optimistic on the Consumer Electronics industry, expecting annual earnings growth of 84% over the next 5 years. This is better than it's past earnings growth rate of 3.3% per year. Meanwhile, the Home Furnishings industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 8464 Nien Made Enterprise | 3.8%+NT$4.2b | 21.5% | PE22.3x | |
| 8916 Kwong Lung Enterprise | 0%NT$736.3m | 4.4% | PE25.4x | |
| 1558 Zeng Hsing Industrial | 1.4%+NT$121.1m | 2.5% | PE11.5x | |
| 6629 Thai Kin | 4.2%+NT$89.2m | -12.9% | PE10.4x | |
| 8201 Inventec BestaLtd | 7.9%+NT$84.2m | 85.9% | PE8.8x |