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Taiwanese (TAIEX) Food Industry Analysis

UpdatedJul 24, 2024
DataAggregated Company Financials
Companies31
  • 7D1.9%
  • 3M11.1%
  • 1Y12.3%
  • YTD13.5%

The Food is pretty flat in the last 7 days, but Uni-President Enterprises has stood out, gaining 4.0%. The past year has been better, since the industry has gained 11% in that time. Earnings are forecast to grow by 9.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jul 2024NT$950.7bNT$962.0bNT$38.9b22.8x24.4x1x
Fri, 21 Jun 2024NT$899.3bNT$962.0bNT$38.9b22.7x23.1x0.9x
Sun, 19 May 2024NT$882.8bNT$965.6bNT$38.8b23.7x22.7x0.9x
Tue, 16 Apr 2024NT$853.2bNT$935.9bNT$37.4b23.1x22.8x0.9x
Thu, 14 Mar 2024NT$864.4bNT$939.6bNT$39.8b24.3x21.7x0.9x
Sat, 10 Feb 2024NT$824.1bNT$920.7bNT$40.5b24.8x20.3x0.9x
Mon, 08 Jan 2024NT$824.3bNT$923.5bNT$40.6b23.2x20.3x0.9x
Wed, 06 Dec 2023NT$836.3bNT$923.5bNT$40.6b23.4x20.6x0.9x
Fri, 03 Nov 2023NT$785.8bNT$900.8bNT$39.1b20.7x20.1x0.9x
Sun, 01 Oct 2023NT$797.7bNT$901.0bNT$38.9b21.3x20.5x0.9x
Tue, 29 Aug 2023NT$804.8bNT$901.2bNT$38.9b20.9x20.7x0.9x
Thu, 27 Jul 2023NT$866.0bNT$892.2bNT$37.7b24.7x23x1x
Sat, 24 Jun 2023NT$860.7bNT$890.7bNT$37.5b23.5x22.9x1x
Mon, 22 May 2023NT$840.9bNT$887.5bNT$38.6b20.6x21.8x0.9x
Wed, 19 Apr 2023NT$809.8bNT$880.0bNT$37.9b21.2x21.4x0.9x
Fri, 17 Mar 2023NT$773.7bNT$873.4bNT$33.1b21.4x23.4x0.9x
Sun, 12 Feb 2023NT$752.0bNT$860.2bNT$34.3b21x21.9x0.9x
Tue, 10 Jan 2023NT$742.9bNT$860.2bNT$34.3b19.6x21.7x0.9x
Thu, 08 Dec 2022NT$733.1bNT$860.2bNT$34.3b19.1x21.4x0.9x
Sat, 05 Nov 2022NT$719.3bNT$836.1bNT$34.4b17.9x20.9x0.9x
Mon, 03 Oct 2022NT$737.0bNT$834.8bNT$34.4b18.9x21.4x0.9x
Wed, 31 Aug 2022NT$747.6bNT$834.8bNT$34.4b19.9x21.7x0.9x
Fri, 29 Jul 2022NT$770.5bNT$819.6bNT$35.8b19.5x21.5x0.9x
Sun, 26 Jun 2022NT$749.2bNT$819.6bNT$35.8b19.5x20.9x0.9x
Tue, 24 May 2022NT$737.1bNT$819.5bNT$35.8b18.9x20.6x0.9x
Thu, 21 Apr 2022NT$789.9bNT$804.5bNT$37.3b20.5x21.2x1x
Sat, 19 Mar 2022NT$743.6bNT$797.6bNT$39.2b18.6x19x0.9x
Mon, 14 Feb 2022NT$788.7bNT$786.6bNT$39.9b18.7x19.8x1x
Wed, 12 Jan 2022NT$778.2bNT$786.6bNT$39.9b18.7x19.5x1x
Fri, 10 Dec 2021NT$771.0bNT$786.6bNT$39.9b18.6x19.3x1x
Sun, 07 Nov 2021NT$764.1bNT$776.5bNT$43.5b16.7x17.6x1x
Tue, 05 Oct 2021NT$756.1bNT$776.2bNT$43.7b16.2x17.3x1x
Thu, 02 Sep 2021NT$772.8bNT$774.2bNT$43.6b15.7x17.7x1x
Sat, 31 Jul 2021NT$792.2bNT$774.2bNT$43.6b17.3x18.2x1x
Price to Earnings Ratio

18.2x


Total Market Cap: NT$792.2bTotal Earnings: NT$43.6bTotal Revenue: NT$774.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Food Industry Price to Earnings3Y Average 20.9x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.3x which is higher than its 3-year average PE of 20.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 3.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Taiwanese Consumer Staples industry?

TW Market-4.61%
Consumer Staples1.44%
Food1.94%
Packaged Foods and Meats1.95%
Agricultural Products0.70%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 9.0%, which is lower than the prior year's growth of 16.2% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 31.4x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 9.0% over the next 5 years.
  • However this is lower than its past earnings growth rate of 16% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 9.0% 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
1216 Uni-President EnterprisesNT$88.504.2%
+NT$20.5b
17.1%PE26.7x
1225 Formosa Oilseed ProcessingNT$132.003.9%
+NT$1.1b
147.9%PE81x
1203 Ve WongNT$53.404.7%
+NT$570.5m
23.3%PE25.3x
1702 Namchow HoldingsNT$58.301.4%
+NT$198.5m
19.3%PE11.4x
1217 AGV ProductsNT$12.751.2%
+NT$74.2m
-6.6%PE29.4x
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1232

NT$142.00

TTET Union

7D

-3.7%

1Y

-2.1%

1702

NT$58.30

Namchow Holdings

7D

1.4%

1Y

19.3%

4205

NT$91.10

Chung Hwa Food Industrial

7D

-3.5%

1Y

-12.4%

1227

NT$39.65

Standard Foods

7D

-1.5%

1Y

0.3%

1235

NT$102.50

Shin Tai Industry

7D

1.0%

1Y

40.0%

1260

NT$28.20

Flavor Full Foods

7D

1.4%

1Y

-6.2%

1203

NT$53.40

Ve Wong

7D

4.7%

1Y

23.3%

6952

NT$51.80

Dawushan Farm Technology

7D

2.2%

1Y

-33.4%

2913

NT$22.30

Taiwan Tea

7D

-4.1%

1Y

-3.3%

1217

NT$12.75

AGV Products

7D

1.2%

1Y

-6.6%

1210

NT$58.10

Great Wall Enterprise

7D

-0.3%

1Y

0%