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Taiwanese (TAIEX) Luxury Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies77
  • 7D-3.1%
  • 3M1.5%
  • 1Y15.3%
  • YTD13.2%

Over the last 7 days, the Luxury industry has dropped 3.1%, driven by pullbacks in Eclat Textile and Feng Tay Enterprises of 5.1% and 4.4%, respectively. Meanwhile, Shinkong Textile actually outperformed within the industry, gaining 6.0% in the last week. This takes the industry's 12 month performance to a gain of 15%.

Industry Valuation and Performance

Has the Taiwanese Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021NT$934.9bNT$698.5bNT$55.8b18.1x
Wed, 27 Oct 2021NT$950.5bNT$707.9bNT$57.5b16.5x
Fri, 24 Sep 2021NT$939.4bNT$707.9bNT$57.5b17x
Sun, 22 Aug 2021NT$877.0bNT$707.9bNT$57.5b16x
Fri, 09 Jul 2021NT$1.0tNT$707.9bNT$57.5b16.9x
Thu, 01 Apr 2021NT$851.1bNT$658.2bNT$50.6b15.2x
Sun, 03 Jan 2021NT$803.8bNT$637.2bNT$35.2b20.8x
Wed, 07 Oct 2020NT$728.4bNT$655.2bNT$31.1b18.9x
Tue, 30 Jun 2020NT$721.6bNT$687.7bNT$32.5b19.3x
Fri, 03 Apr 2020NT$560.9bNT$736.8bNT$39.5b15.1x
Mon, 06 Jan 2020NT$787.5bNT$763.4bNT$44.0b18.7x
Thu, 10 Oct 2019NT$783.6bNT$751.0bNT$45.0b18x
Wed, 03 Jul 2019NT$807.1bNT$749.6bNT$46.2b18.1x
Sat, 06 Apr 2019NT$780.9bNT$744.6bNT$47.0b19x
Tue, 08 Jan 2019NT$680.3bNT$736.8bNT$45.6b18.5x
PE Ratio

16.1x

Total Market Cap: NT$715.5bTotal Earnings: NT$60.3bTotal Revenue: NT$752.2b0%0%0%3 Year10 Year
201920202021

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 18.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Luxury industry have declined 2.5% per year over the last three years, and revenues have also declined 2.4% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Taiwanese Luxury industry?

Apparel, Accessories and Luxury Goods-2.08%
Textiles-2.63%
Footwear-4.08%

Industry PE: Investors are most optimistic about the Textiles industry, which is trading close to its 3-year average PE ratio of 20.2x. However analysts are expecting annual earnings growth of 19%, which is lower than the prior year's growth of 38% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Apparel, Accessories and Luxury Goods industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 15.9x.

Forecasted Growth: Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 49% per year. Meanwhile, the Apparel, Accessories and Luxury Goods 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?

Company7D1YValuation
1419 Shinkong Textile6.0%+NT$748.1m3.9%PE27.1x
1315 Tah Hsin Industrial4.5%+NT$387.5m-8.4%PE220x
1325 Universal Incorporation10.5%+NT$353.9m-58.6%PE4.5x
1440 Tainan Spinning0.9%+NT$331.4m61.6%PE12x
6504 Nan Liu Enterprise3.5%+NT$290.4m-39.0%PE14.6x
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