Has the Taiwanese Food Industry valuation changed over the past few years?
|Thu, 09 Dec 2021||NT$759.3b||NT$786.6b||NT$39.9b||18.5x|
|Sat, 06 Nov 2021||NT$763.3b||NT$776.5b||NT$43.5b||16.7x|
|Mon, 04 Oct 2021||NT$754.9b||NT$776.2b||NT$43.7b||16.2x|
|Wed, 01 Sep 2021||NT$773.0b||NT$774.2b||NT$43.6b||16x|
|Thu, 08 Jul 2021||NT$787.5b||NT$774.2b||NT$43.6b||16.5x|
|Wed, 31 Mar 2021||NT$768.8b||NT$753.3b||NT$44.5b||16x|
|Sat, 02 Jan 2021||NT$715.3b||NT$733.8b||NT$40.9b||17.3x|
|Tue, 06 Oct 2020||NT$655.6b||NT$728.4b||NT$39.2b||16.7x|
|Fri, 10 Jul 2020||NT$707.4b||NT$724.4b||NT$35.7b||16.7x|
|Thu, 02 Apr 2020||NT$642.9b||NT$728.1b||NT$33.5b||17.6x|
|Sun, 05 Jan 2020||NT$724.8b||NT$728.9b||NT$36.3b||18.5x|
|Wed, 09 Oct 2019||NT$709.3b||NT$718.7b||NT$35.6b||17.6x|
|Tue, 02 Jul 2019||NT$771.6b||NT$708.2b||NT$35.4b||16.5x|
|Fri, 05 Apr 2019||NT$693.7b||NT$699.4b||NT$34.8b||15.5x|
|Mon, 07 Jan 2019||NT$652.2b||NT$693.8b||NT$32.7b||15.3x|
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 17.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Food industry have grown 6.8% per year over the last three years, and revenues for these companies have grown 4.3% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Taiwanese Food industry?
|Packaged Foods and Meats||2.09%|
Industry PE: Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 48.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 17.0x.
Forecasted Growth: Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 4.4% over the next 5 years. However this is lower than its past earnings growth rate of 11% per year.
Which companies have driven the market over the last 7 days?
Shin Tai Industry
Lien Hwa Industrial Holdings
Wei Chuan Foods
Chung Hwa Food Industrial
Great Wall Enterprise
Lian Hwa Foods