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Taiwanese (TAIEX) Luxury Industry Analysis

UpdatedDec 18, 2024
DataAggregated Company Financials
Companies79
  • 7D-1.8%
  • 3M-0.7%
  • 1Y-0.4%
  • YTD6.0%

Over the last 7 days, the Luxury industry has dropped 1.5%, driven by declines in Ruentex Industries and Eclat Textile of 5.4% and 2.6%, respectively. In contrast, Fulgent Sun International (Holding) has gained 9.7%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Dec 2024NT$1.0tNT$328.8bNT$29.9b25x34.8x3.2x
Fri, 15 Nov 2024NT$1.1tNT$758.6bNT$61.7b23.5x17.4x1.4x
Sun, 13 Oct 2024NT$1.1tNT$750.6bNT$60.8b20.4x17.3x1.4x
Tue, 10 Sep 2024NT$1.0tNT$750.6bNT$60.8b20.5x17x1.4x
Thu, 08 Aug 2024NT$993.2bNT$736.4bNT$58.7b21.7x16.9x1.3x
Sat, 06 Jul 2024NT$1.1tNT$736.5bNT$58.7b24.3x17.9x1.4x
Mon, 03 Jun 2024NT$955.6bNT$708.4bNT$56.7b22.4x16.9x1.3x
Wed, 01 May 2024NT$950.4bNT$703.7bNT$43.9b27.3x21.6x1.4x
Fri, 29 Mar 2024NT$925.1bNT$704.7bNT$42.6b26.5x21.7x1.3x
Sun, 25 Feb 2024NT$904.6bNT$711.0bNT$33.1b23.4x27.3x1.3x
Tue, 23 Jan 2024NT$885.3bNT$714.2bNT$33.7b21.7x26.3x1.2x
Thu, 21 Dec 2023NT$940.1bNT$714.2bNT$33.7b22x27.9x1.3x
Sat, 18 Nov 2023NT$938.2bNT$718.8bNT$45.6b23.8x20.6x1.3x
Mon, 16 Oct 2023NT$896.9bNT$748.6bNT$39.3b22.7x22.8x1.2x
Wed, 13 Sep 2023NT$907.3bNT$748.6bNT$39.3b22.3x23.1x1.2x
Fri, 11 Aug 2023NT$881.8bNT$774.4bNT$43.8b20x20.1x1.1x
Sun, 09 Jul 2023NT$891.5bNT$785.0bNT$47.3b20.9x18.8x1.1x
Tue, 06 Jun 2023NT$873.2bNT$776.7bNT$48.5b20.3x18x1.1x
Thu, 04 May 2023NT$865.0bNT$794.8bNT$63.7b15.6x13.6x1.1x
Sat, 01 Apr 2023NT$860.3bNT$796.8bNT$65.0b15.1x13.2x1.1x
Mon, 27 Feb 2023NT$872.5bNT$794.0bNT$77.5b12.9x11.3x1.1x
Wed, 25 Jan 2023NT$882.3bNT$792.2bNT$77.3b12.6x11.4x1.1x
Fri, 23 Dec 2022NT$890.6bNT$792.2bNT$77.3b12.6x11.5x1.1x
Sun, 20 Nov 2022NT$832.6bNT$789.7bNT$76.5b12.9x10.9x1.1x
Tue, 18 Oct 2022NT$758.0bNT$736.0bNT$64.1b15.2x11.8x1x
Thu, 15 Sep 2022NT$829.9bNT$736.0bNT$64.1b16.8x13x1.1x
Sat, 13 Aug 2022NT$802.6bNT$719.6bNT$59.1b13.9x13.6x1.1x
Mon, 11 Jul 2022NT$788.2bNT$714.6bNT$56.5b12.9x13.9x1.1x
Wed, 08 Jun 2022NT$862.6bNT$714.8bNT$56.5b13.9x15.3x1.2x
Fri, 06 May 2022NT$880.4bNT$703.0bNT$58.4b18.3x15.1x1.3x
Sun, 03 Apr 2022NT$897.6bNT$704.5bNT$59.7b17.2x15x1.3x
Tue, 01 Mar 2022NT$940.8bNT$698.9bNT$55.9b21.6x16.8x1.3x
Thu, 27 Jan 2022NT$937.7bNT$698.5bNT$55.8b20.1x16.8x1.3x
Sat, 25 Dec 2021NT$963.9bNT$698.5bNT$55.8b18.4x17.3x1.4x
Price to Earnings Ratio

17.3x


Total Market Cap: NT$963.9bTotal Earnings: NT$55.8bTotal Revenue: NT$698.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Luxury Industry Price to Earnings3Y Average 17.5x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Luxury industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.9x which is higher than its 3-year average PE of 17.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 19% per year over the last three years,
  • Revenues have also declined 22% 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 Consumer Discretionary industry?

TW Market-0.62%
Consumer Discretionary-1.58%
Luxury-1.77%
Apparel, Accessories and Luxury Goods-0.17%
Footwear-0.31%
Textiles-3.60%
Industry PE
  • Investors are most optimistic about the Footwear industry which is trading above its 3-year average PE ratio of 15.0x.
    • Analysts are expecting annual earnings growth of 13.8%, which is lower than the prior year's growth of 79.4% per year.
  • Investors are most pessimistic about the Textiles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.8x.
Forecasted Growth
  • Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 79% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 8.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
9802 Fulgent Sun International (Holding)NT$118.509.7%
+NT$2.0b
-16.8%PE26.4x
1477 Makalot IndustrialNT$315.001.8%
+NT$1.4b
-8.2%n/a
6890 Lai Yih FootwearNT$390.501.2%
+NT$1.1b
n/aPE30.3x
9950 Eminent LuggageNT$15.1518.4%
+NT$394.1m
-35.5%PE21.1x
1464 De Licacy IndustrialNT$17.352.4%
+NT$163.1m
30.9%PE25.5x
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