Taiwanese (TAIEX) Hospitality Industry Analysis
UpdatedDec 05, 2023
DataAggregated Company Financials
Companies54
- 7D1.7%
- 3M-0.6%
- 1Y17.1%
- YTD15.3%
The Hospitality industry has been flat over the last week, but Chateau International Development has lost 5.6%. As for the the longer term, the industry is up 17% over the past 12 months. Earnings are forecast to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Tue, 05 Dec 2023 | NT$274.8b | NT$159.7b | NT$11.9b | 20.5x | 23.2x | 1.7x |
| Thu, 02 Nov 2023 | NT$260.5b | NT$146.6b | NT$10.6b | 21.6x | 24.6x | 1.8x |
| Sat, 30 Sep 2023 | NT$267.7b | NT$146.6b | NT$10.6b | 21.5x | 25.3x | 1.8x |
| Mon, 28 Aug 2023 | NT$283.0b | NT$145.9b | NT$10.2b | 22.9x | 27.8x | 1.9x |
| Wed, 26 Jul 2023 | NT$292.8b | NT$128.3b | NT$6.0b | 31x | 48.8x | 2.3x |
| Fri, 23 Jun 2023 | NT$343.1b | NT$128.1b | NT$5.9b | 33.9x | 57.9x | 2.7x |
| Sun, 21 May 2023 | NT$299.1b | NT$121.5b | NT$4.9b | 28.4x | 61.6x | 2.5x |
| Tue, 18 Apr 2023 | NT$288.4b | NT$117.8b | NT$4.5b | 29.5x | 64.3x | 2.4x |
| Thu, 16 Mar 2023 | NT$268.2b | NT$114.1b | NT$3.0b | 34.7x | 88.8x | 2.3x |
| Sat, 11 Feb 2023 | NT$248.1b | NT$113.6b | NT$3.2b | 31.4x | 78.7x | 2.2x |
| Mon, 09 Jan 2023 | NT$229.6b | NT$113.6b | NT$3.2b | 29.4x | 72.8x | 2x |
| Wed, 07 Dec 2022 | NT$228.7b | NT$113.6b | NT$3.2b | 29.2x | 72.5x | 2x |
| Fri, 04 Nov 2022 | NT$191.7b | NT$104.2b | NT$1.2b | 27.3x | 154.8x | 1.8x |
| Sun, 02 Oct 2022 | NT$203.1b | NT$104.2b | NT$1.2b | 29.5x | 164x | 1.9x |
| Tue, 30 Aug 2022 | NT$195.8b | NT$104.4b | NT$1.4b | 28.7x | 144.9x | 1.9x |
| Thu, 28 Jul 2022 | NT$188.5b | NT$101.3b | NT$1.4b | 25.9x | 139.2x | 1.9x |
| Sat, 25 Jun 2022 | NT$190.0b | NT$101.3b | NT$1.4b | 26.8x | 140.3x | 1.9x |
| Mon, 23 May 2022 | NT$177.5b | NT$101.4b | NT$1.3b | 26.5x | 138.5x | 1.8x |
| Wed, 20 Apr 2022 | NT$185.2b | NT$101.6b | NT$1.4b | 22.7x | 135.5x | 1.8x |
| Fri, 18 Mar 2022 | NT$186.2b | NT$102.4b | NT$1.0b | 29.5x | 178.2x | 1.8x |
| Sun, 13 Feb 2022 | NT$183.2b | NT$102.0b | NT$1.1b | 31.1x | 163x | 1.8x |
| Tue, 11 Jan 2022 | NT$178.5b | NT$102.0b | NT$1.1b | 31.1x | 159.6x | 1.8x |
| Thu, 09 Dec 2021 | NT$184.5b | NT$102.0b | NT$1.1b | 31.5x | 165x | 1.8x |
| Sat, 06 Nov 2021 | NT$187.8b | NT$110.1b | NT$3.1b | 19.2x | 60.9x | 1.7x |
| Mon, 04 Oct 2021 | NT$186.0b | NT$110.5b | NT$3.2b | 19.1x | 58.4x | 1.7x |
| Wed, 01 Sep 2021 | NT$190.0b | NT$110.5b | NT$3.2b | 19.4x | 59.7x | 1.7x |
| Thu, 08 Jul 2021 | NT$195.1b | NT$110.5b | NT$3.2b | 21.3x | 61.3x | 1.8x |
| Wed, 31 Mar 2021 | NT$203.8b | NT$109.8b | NT$3.7b | 25.5x | 54.8x | 1.9x |
| Sat, 02 Jan 2021 | NT$181.6b | NT$112.4b | NT$2.1b | 28.4x | 84.9x | 1.6x |
Price to Earnings Ratio
84.9x
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 23.1x which is lower than its 3-year average PE of 91.3x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 74% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 | 1.86% | |
| Consumer Discretionary | 1.70% | |
| Hospitality | 1.70% | |
| Casinos and Gaming | 5.18% | |
| Leisure Facilities | 1.82% | |
| Hotels, Resorts and Cruise Lines | 1.67% | |
| Restaurants | 1.47% | |
Industry PE
- Investors are most optimistic about the Casinos and Gaming industry even though it's trading below its 3-year average PE ratio of 107x.
- 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 33.5x.
Forecasted Growth
- Analysts are most optimistic on the Restaurants industry, expecting annual earnings growth of 19% over the next 5 years.
- However this is lower than its past earnings growth rate of 65% per year.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| 2707 Formosa International Hotels | NT$221.00 | 2.1% +NT$573.3m | -13.0% | PE21.7x | |
| 2704 Ambassador HotelLtd | NT$48.85 | 2.6% +NT$458.7m | 55.8% | PE10.9x | |
| 2729 TTFB | NT$236.00 | 3.3% +NT$266.8m | 34.4% | PE20.3x | |
| 2731 Lion Travel Service | NT$143.50 | 1.8% +NT$233.1m | 44.9% | PE28.6x | |
| 2732 La Kaffa International | NT$119.00 | 3.0% +NT$159.4m | -4.4% | PE15.9x |