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Taiwanese (TAIEX) Financials Sector Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies57
  • 7D-0.3%
  • 3M5.0%
  • 1Y12.5%
  • YTD2.5%

Over the last 7 days, the Financials industry has risen 2.0%, driven by gains from Cathay Financial Holding of 2.8%. In the last 12 months, the industry was up 13%. Earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

Has the Taiwanese Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024NT$7.2tNT$3.4tNT$465.6b14.2x15.5x2.1x
Sun, 24 Mar 2024NT$7.3tNT$3.4tNT$467.1b14.1x15.6x2.1x
Tue, 20 Feb 2024NT$6.8tNT$3.3tNT$391.9b14.6x17.4x2.1x
Thu, 18 Jan 2024NT$6.6tNT$3.3tNT$395.2b13.8x16.7x2x
Sat, 16 Dec 2023NT$6.9tNT$3.3tNT$395.2b14.5x17.5x2.1x
Mon, 13 Nov 2023NT$6.8tNT$3.1tNT$359.8b14.4x19x2.2x
Wed, 11 Oct 2023NT$6.7tNT$3.1tNT$358.6b14.1x18.6x2.2x
Fri, 08 Sep 2023NT$6.6tNT$2.7tNT$362.3b14.1x18.2x2.5x
Sun, 06 Aug 2023NT$6.9tNT$2.9tNT$300.8b16.7x22.8x2.4x
Tue, 04 Jul 2023NT$6.8tNT$2.8tNT$300.4b16.2x22.7x2.4x
Thu, 01 Jun 2023NT$6.7tNT$2.7tNT$297.8b16.1x22.5x2.5x
Sat, 29 Apr 2023NT$6.6tNT$2.2tNT$366.0b17.2x17.9x3x
Mon, 27 Mar 2023NT$6.2tNT$2.1tNT$368.9b16.5x16.9x3x
Wed, 22 Feb 2023NT$6.6tNT$2.7tNT$488.2b15.1x13.5x2.5x
Fri, 20 Jan 2023NT$6.5tNT$2.7tNT$488.2b14.6x13.2x2.4x
Sun, 18 Dec 2022NT$6.2tNT$2.7tNT$488.2b14.3x12.6x2.3x
Tue, 15 Nov 2022NT$6.1tNT$3.3tNT$550.9b14.3x11.1x1.8x
Thu, 13 Oct 2022NT$5.7tNT$3.4tNT$550.5b13.2x10.4x1.7x
Sat, 10 Sep 2022NT$6.4tNT$3.4tNT$546.8b14.3x11.6x1.9x
Mon, 08 Aug 2022NT$6.4tNT$4.0tNT$628.8b12.2x10.2x1.6x
Wed, 06 Jul 2022NT$6.3tNT$4.0tNT$628.7b12.4x10x1.6x
Fri, 03 Jun 2022NT$6.8tNT$3.9tNT$628.7b12.7x10.8x1.7x
Sun, 01 May 2022NT$7.4tNT$4.3tNT$681.9b13.1x10.8x1.7x
Tue, 29 Mar 2022NT$7.4tNT$4.1tNT$694.4b13x10.7x1.8x
Thu, 24 Feb 2022NT$7.4tNT$4.9tNT$702.0b12.1x10.6x1.5x
Sat, 22 Jan 2022NT$7.3tNT$4.9tNT$704.1b11.8x10.4x1.5x
Mon, 20 Dec 2021NT$6.9tNT$4.8tNT$704.1b11.3x9.9x1.4x
Wed, 17 Nov 2021NT$6.7tNT$4.9tNT$687.7b11.2x9.8x1.4x
Fri, 15 Oct 2021NT$6.3tNT$4.9tNT$680.8b11.5x9.3x1.3x
Sun, 12 Sep 2021NT$6.4tNT$4.9tNT$680.9b11.2x9.4x1.3x
Tue, 10 Aug 2021NT$6.1tNT$4.9tNT$680.9b11.2x9x1.3x
Mon, 03 May 2021NT$5.9tNT$4.9tNT$599.2b11.2x9.9x1.2x
Price to Earnings Ratio

9.9x


Total Market Cap: NT$5.9tTotal Earnings: NT$599.2bTotal Revenue: NT$4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Financials Sector Price to Earnings3Y Average 13.6x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.7x which is higher than its 3-year average PE of 13.6x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 8.1% per year over the last three years,
  • Revenues have also declined 11% 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 Financials sector?

TW Market-2.26%
Financials-0.30%
Capital Markets1.33%
Insurance0.40%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance-0.21%
Banks-0.57%
Diversified Financial-1.41%
Industry PE
  • Investors are most optimistic about the Insurance industry even though it's trading below its 3-year average PE ratio of 35.3x.
    • Analysts are expecting annual earnings growth of 27.4%, which is lower than the prior year's growth of 41.2% per year.
  • Investors are most pessimistic about the Diversified Financial industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 27% over the next 5 years.
  • However this is lower than its past earnings growth rate of 41% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 2.8% 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
2883 China Development Financial HoldingNT$13.502.3%
+NT$26.4b		3.1%PE13.1x
2881 Fubon Financial HoldingNT$66.402.2%
+NT$18.2b		18.2%PE13.8x
2882 Cathay Financial HoldingNT$48.552.3%
+NT$16.1b		14.4%PE15x
2884 E.SUN Financial Holding CompanyNT$27.152.3%
+NT$9.4b		12.9%PB1.8x
5871 Chailease HoldingNT$171.001.8%
+NT$4.8b		-21.8%PE11.3x
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Latest News

2886

NT$39.00

Mega Financial Holding

7D

0.8%

1Y

15.5%

2880

NT$22.50

Hua Nan Financial Holdings

7D

1.4%

1Y

2.7%

2883

NT$13.50

China Development Financial Holding

7D

2.3%

1Y

3.1%

Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

Apr 18
Lacklustre Performance Is Driving China Development Financial Holding Corporation's (TWSE:2883) Low P/E

2881

NT$66.40

Fubon Financial Holding

7D

2.2%

1Y

18.2%

Fubon Financial Holding Co., Ltd. (TWSE:2881) Might Not Be As Mispriced As It Looks

Apr 12
Fubon Financial Holding Co., Ltd. (TWSE:2881) Might Not Be As Mispriced As It Looks

6020

NT$18.95

TaChan SecuritiesLtd

7D

-0.3%

1Y

2.2%

6028

NT$75.70

Golden Insurance BrokersLtd

7D

-1.0%

1Y

54.8%

6958

NT$41.15

Infinite Finance

7D

-1.1%

1Y

n/a

6878

NT$19.80

O'Pay Electronic Payment

7D

-2.0%

1Y

-47.5%

2884

NT$27.15

E.SUN Financial Holding Company

7D

2.3%

1Y

12.9%

2882

NT$48.55

Cathay Financial Holding

7D

2.3%

1Y

14.4%

6027

NT$10.25

Reliance SecuritiesLtd

7D

-2.4%

1Y

51.2%

2885

NT$29.80

Yuanta Financial Holding

7D

-0.3%

1Y

33.8%

5871

NT$171.00

Chailease Holding

7D

1.8%

1Y

-21.8%

2888

NT$8.35

Shin Kong Financial Holding

7D

3.5%

1Y

-0.4%