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Apr 11
Taiwanese (TAIEX) Hospitality Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies58
- 7D0.5%
- 3M3.7%
- 1Y-7.2%
- YTD-2.1%
Over the last 7 days, the Hospitality industry has remained flat, although notably Ambassador HotelLtd gained 21%. As for the longer term, the industry has declined 11% in the last year. Earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Taiwanese Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | NT$303.5b | NT$192.4b | NT$12.8b | 21.4x | 23.7x | 1.6x |
| Mon, 18 Mar 2024 | NT$293.7b | NT$182.2b | NT$12.0b | 22.1x | 24.4x | 1.6x |
| Wed, 14 Feb 2024 | NT$294.5b | NT$174.2b | NT$12.3b | 20.7x | 23.9x | 1.7x |
| Fri, 12 Jan 2024 | NT$288.1b | NT$165.3b | NT$12.0b | 20.7x | 23.9x | 1.7x |
| Sun, 10 Dec 2023 | NT$272.9b | NT$159.7b | NT$11.9b | 20.1x | 23x | 1.7x |
| Tue, 07 Nov 2023 | NT$269.2b | NT$146.7b | NT$10.6b | 22x | 25.5x | 1.8x |
| Thu, 05 Oct 2023 | NT$268.7b | NT$146.6b | NT$10.6b | 21.2x | 25.4x | 1.8x |
| Sat, 02 Sep 2023 | NT$278.7b | NT$146.6b | NT$10.6b | 22.7x | 26.3x | 1.9x |
| Mon, 31 Jul 2023 | NT$300.4b | NT$128.3b | NT$6.0b | 32.1x | 50.1x | 2.3x |
| Wed, 28 Jun 2023 | NT$327.3b | NT$128.1b | NT$5.9b | 32.9x | 55.2x | 2.6x |
| Fri, 26 May 2023 | NT$317.4b | NT$121.7b | NT$4.9b | 29.9x | 64.2x | 2.6x |
| Sun, 23 Apr 2023 | NT$281.3b | NT$117.7b | NT$4.3b | 29.8x | 64.9x | 2.4x |
| Tue, 21 Mar 2023 | NT$273.5b | NT$114.6b | NT$4.1b | 32.7x | 67.1x | 2.4x |
| Thu, 16 Feb 2023 | NT$261.9b | NT$113.6b | NT$3.2b | 32.7x | 82.9x | 2.3x |
| Sat, 14 Jan 2023 | NT$235.7b | NT$113.6b | NT$3.2b | 29.3x | 74.8x | 2.1x |
| Mon, 12 Dec 2022 | NT$231.9b | NT$113.6b | NT$3.2b | 29.8x | 73.6x | 2x |
| Wed, 09 Nov 2022 | NT$197.4b | NT$105.9b | NT$1.7b | 29.3x | 117.5x | 1.9x |
| Fri, 07 Oct 2022 | NT$204.6b | NT$104.2b | NT$1.2b | 29.7x | 165.2x | 2x |
| Sun, 04 Sep 2022 | NT$195.8b | NT$104.2b | NT$1.2b | 29.1x | 158.7x | 1.9x |
| Tue, 02 Aug 2022 | NT$188.1b | NT$101.3b | NT$1.4b | 26.2x | 138.9x | 1.9x |
| Thu, 30 Jun 2022 | NT$192.6b | NT$101.3b | NT$1.4b | 27.2x | 142.2x | 1.9x |
| Sat, 28 May 2022 | NT$179.8b | NT$101.4b | NT$1.3b | 25.3x | 140.3x | 1.8x |
| Mon, 25 Apr 2022 | NT$186.0b | NT$101.6b | NT$1.4b | 22.3x | 131.3x | 1.8x |
| Wed, 23 Mar 2022 | NT$186.9b | NT$102.4b | NT$1.0b | 29.9x | 178.9x | 1.8x |
| Fri, 18 Feb 2022 | NT$190.6b | NT$102.0b | NT$1.1b | 30.7x | 169.7x | 1.9x |
| Sun, 16 Jan 2022 | NT$175.5b | NT$102.0b | NT$1.1b | 31.2x | 156.9x | 1.7x |
| Tue, 14 Dec 2021 | NT$183.7b | NT$102.0b | NT$1.1b | 31.5x | 164.3x | 1.8x |
| Thu, 11 Nov 2021 | NT$190.9b | NT$107.9b | NT$2.0b | 21.4x | 96.9x | 1.8x |
| Sat, 09 Oct 2021 | NT$189.6b | NT$110.5b | NT$3.2b | 19.2x | 59.5x | 1.7x |
| Mon, 06 Sep 2021 | NT$183.9b | NT$110.5b | NT$3.2b | 19.4x | 57.7x | 1.7x |
| Wed, 04 Aug 2021 | NT$193.0b | NT$110.5b | NT$3.2b | 19.8x | 60.6x | 1.7x |
| Sat, 08 May 2021 | NT$204.5b | NT$109.8b | NT$3.7b | 24.4x | 55x | 1.9x |
Price to Earnings Ratio
55x
Current Industry PE
- Investors are pessimistic on the Taiwanese Hospitality 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 23.4x which is lower than its 3-year average PE of 84.3x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 51% per year over the last three years.
- Revenues for these companies have grown 20% 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 Discretionary industry?
| TW Market | -2.11% | |
| Consumer Discretionary | -1.17% | |
| Hospitality | 0.47% | |
| Hotels, Resorts and Cruise Lines | 3.15% | |
| Restaurants | -1.51% | |
| Casinos and Gaming | -2.14% | |
| Leisure Facilities | -2.62% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry which is trading above its 3-year average PE ratio of 122x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 32.9x.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 31% over the next 5 years.
- However this is lower than its past earnings growth rate of 58% per year.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2704 Ambassador HotelLtd | NT$72.60 | 9.8% +NT$2.4b | 93.9% | PE54x | |
| 2718 Pleasant Hotels International | NT$101.50 | 13.0% +NT$1.0b | 120.4% | PE13x | |
| 8077 Green World Hotels | NT$74.20 | 14.0% +NT$199.7m | 85.3% | PE32.8x | |
| 2724 Architectural Aesthetics Global DevelopmentLTD | NT$29.90 | 10.5% +NT$170.0m | 129.1% | PS12.2x | |
| 7723 Jhu Jian Catering | NT$138.00 | 1.5% +NT$91.7m | n/a | PE15.8x |
