Narrative Update • Aug 08

Over the last 7 days, the Broadline Retail industry has dropped 3.6%, driven by a pullback from POYA International of 5.7%. In contrast, Far Eastern Department Stores has gained 5.3%. Over the past 12 months, the industry was up 18%. As for the next few years, earnings are expected to grow by 7.2% per annum.
Has the Taiwanese Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Aug 2026 | NT$203.4b | NT$229.6b | NT$7.6b | 21.4x | 26.7x | 0.9x |
| Mon, 20 Jul 2026 | NT$189.7b | NT$226.5b | NT$7.4b | 19.3x | 25.7x | 0.8x |
| Wed, 17 Jun 2026 | NT$206.1b | NT$224.8b | NT$7.0b | 19.6x | 29.3x | 0.9x |
| Fri, 15 May 2026 | NT$159.8b | NT$224.1b | NT$6.9b | 17.5x | 23.3x | 0.7x |
| Sun, 12 Apr 2026 | NT$150.9b | NT$217.3b | NT$6.8b | 17x | 22.3x | 0.7x |
| Tue, 10 Mar 2026 | NT$147.7b | NT$217.8b | NT$7.0b | 16.6x | 21.1x | 0.7x |
| Thu, 05 Feb 2026 | NT$144.9b | NT$219.1b | NT$7.2b | 15.6x | 20.1x | 0.7x |
| Sat, 03 Jan 2026 | NT$150.8b | NT$219.1b | NT$7.2b | 17.2x | 20.9x | 0.7x |
| Mon, 01 Dec 2025 | NT$159.0b | NT$219.1b | NT$7.2b | 17.5x | 22.1x | 0.7x |
| Wed, 29 Oct 2025 | NT$160.1b | NT$219.9b | NT$6.9b | 18.5x | 23.1x | 0.7x |
| Fri, 26 Sep 2025 | NT$166.0b | NT$219.9b | NT$6.9b | 20.1x | 23.9x | 0.8x |
| Sun, 24 Aug 2025 | NT$165.5b | NT$220.0b | NT$7.1b | 20.7x | 23.2x | 0.8x |
| Tue, 22 Jul 2025 | NT$169.4b | NT$220.8b | NT$7.4b | 19x | 22.8x | 0.8x |
| Thu, 19 Jun 2025 | NT$176.1b | NT$220.8b | NT$7.4b | 18.6x | 23.7x | 0.8x |
| Sat, 17 May 2025 | NT$186.0b | NT$220.8b | NT$7.4b | 19x | 25x | 0.8x |
| Mon, 14 Apr 2025 | NT$184.4b | NT$222.4b | NT$6.4b | 17.8x | 28.8x | 0.8x |
| Wed, 12 Mar 2025 | NT$210.0b | NT$224.0b | NT$6.0b | 19.5x | 34.7x | 0.9x |
| Fri, 07 Feb 2025 | NT$193.6b | NT$223.1b | NT$6.0b | 20.8x | 32.2x | 0.9x |
| Sun, 05 Jan 2025 | NT$188.3b | NT$223.1b | NT$6.0b | 19.1x | 31.3x | 0.8x |
| Tue, 03 Dec 2024 | NT$199.3b | NT$223.1b | NT$6.0b | 22.1x | 33.1x | 0.9x |
| Thu, 31 Oct 2024 | NT$206.0b | NT$224.7b | NT$6.3b | 19.7x | 32.8x | 0.9x |
| Sat, 28 Sep 2024 | NT$214.4b | NT$224.5b | NT$6.2b | 21.6x | 34.4x | 1x |
| Mon, 26 Aug 2024 | NT$212.8b | NT$224.6b | NT$5.9b | 21.9x | 35.9x | 0.9x |
| Wed, 24 Jul 2024 | NT$219.9b | NT$224.8b | NT$6.1b | 22.5x | 36.1x | 1x |
| Fri, 21 Jun 2024 | NT$232.4b | NT$224.8b | NT$6.1b | 22.7x | 38.1x | 1x |
| Sun, 19 May 2024 | NT$226.9b | NT$224.9b | NT$6.1b | 22x | 37.4x | 1x |
| Tue, 16 Apr 2024 | NT$206.0b | NT$223.5b | NT$6.3b | 21.5x | 32.8x | 0.9x |
| Thu, 14 Mar 2024 | NT$205.3b | NT$224.2b | NT$7.4b | 23.6x | 27.7x | 0.9x |
| Sat, 10 Feb 2024 | NT$212.7b | NT$223.3b | NT$7.5b | 24.4x | 28.2x | 1x |
| Mon, 08 Jan 2024 | NT$235.5b | NT$223.3b | NT$7.5b | 25x | 31.2x | 1.1x |
| Wed, 06 Dec 2023 | NT$237.0b | NT$223.3b | NT$7.5b | 24.9x | 31.4x | 1.1x |
| Fri, 03 Nov 2023 | NT$239.4b | NT$222.2b | NT$7.9b | 25.5x | 30.5x | 1.1x |
| Sun, 01 Oct 2023 | NT$226.7b | NT$221.6b | NT$7.8b | 24.6x | 29.2x | 1x |
| Tue, 29 Aug 2023 | NT$227.2b | NT$221.8b | NT$8.1b | 25.1x | 28.2x | 1x |
28.2x
How does Taiwanese Broadline Retail compare with similar industries?
| TW Market | -1.40% | |
| Consumer Discretionary | 0.36% | |
| General Merchandise and Department Stores | -2.63% | |
| Broadline Retail | -2.63% | |
| Department Stores | 0% | 0 |
| General Merchandise Stores | 0% | 0 |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2903 Far Eastern Department Stores | NT$22.80 | 5.3% +NT$1.6b | 8.6% | PE15.3x | |
| 2601 First Steamship | NT$7.39 | 19.2% +NT$981.5m | 20.8% | PE21.4x | |
| 2910 Tonlin Department StoreLtd | NT$24.45 | 2.7% +NT$114.0m | 17.3% | PE13.3x | |
| 2901 Shin Shin Co | NT$24.00 | 2.1% +NT$36.5m | -7.7% | PE54.5x | |
| 2942 Jing-Jan Retail Business | NT$38.00 | 0.9% +NT$21.0m | 22.0% | PE10.6x |