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Taiwanese (TAIEX) Financials Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies52
  • 7D3.0%
  • 3M-3.4%
  • 1Y-8.6%
  • YTD-12.7%

The Financials industry is up 3.0% in the last week, with Fubon Financial Holding up 4.3%. In the past year, the industry is down 8.6%. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022NT$6.2tNT$3.0tNT$526.7b14.3x11.7x2x
Thu, 27 Oct 2022NT$5.7tNT$3.4tNT$550.5b13x10.4x1.7x
Sat, 24 Sep 2022NT$6.2tNT$3.4tNT$550.5b14.2x11.2x1.8x
Mon, 22 Aug 2022NT$6.6tNT$3.9tNT$613.1b13.5x10.8x1.7x
Wed, 20 Jul 2022NT$5.9tNT$4.0tNT$628.7b11.9x9.4x1.5x
Fri, 17 Jun 2022NT$6.6tNT$4.0tNT$628.7b12.6x10.5x1.7x
Sun, 15 May 2022NT$6.5tNT$4.3tNT$679.5b12.3x9.6x1.5x
Tue, 12 Apr 2022NT$7.7tNT$3.9tNT$687.1b13.3x11.2x2x
Thu, 10 Mar 2022NT$7.0tNT$4.8tNT$708.6b11.5x9.8x1.4x
Sat, 05 Feb 2022NT$7.3tNT$4.9tNT$704.1b11.8x10.3x1.5x
Mon, 03 Jan 2022NT$7.1tNT$4.8tNT$704.1b11.5x10.1x1.5x
Wed, 01 Dec 2021NT$6.7tNT$4.6tNT$707.7b9x9.4x1.5x
Fri, 29 Oct 2021NT$6.6tNT$4.9tNT$680.8b11.8x9.7x1.3x
Sun, 26 Sep 2021NT$6.4tNT$4.9tNT$680.9b11.2x9.4x1.3x
Tue, 24 Aug 2021NT$6.2tNT$4.9tNT$680.9b11.1x9.1x1.3x
Wed, 30 Jun 2021NT$6.0tNT$4.9tNT$680.9b10.8x8.8x1.2x
Sat, 03 Apr 2021NT$5.5tNT$4.9tNT$599.2b10.9x9.2x1.1x
Tue, 05 Jan 2021NT$5.1tNT$4.8tNT$474.3b11.4x10.7x1.1x
Fri, 09 Oct 2020NT$4.7tNT$5.0tNT$453.2b11.6x10.4x0.9x
Thu, 02 Jul 2020NT$4.9tNT$4.9tNT$429.9b12x11.5x1x
Sun, 05 Apr 2020NT$4.3tNT$4.7tNT$448.6b11.8x9.6x0.9x
Wed, 08 Jan 2020NT$5.3tNT$4.7tNT$452.4b12x11.6x1.1x
Price to Earnings Ratio

12.9x


Total Market Cap: NT$5.2tTotal Earnings: NT$401.5bTotal Revenue: NT$4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Financials Sector Price to Earnings3Y Average 10.5x202020212022
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 11.7x which is higher than its 3-year average PE of 10.5x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 9.5% per year over the last three years.
  • Meanwhile revenues for these companies have declined 11% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Taiwanese Financials sector?

TW Market1.74%
Financials2.97%
Diversified Financial4.59%
Capital Markets4.52%
Banks2.74%
Insurance2.73%
Consumer Finance2.47%
Mortgage Finance0%
Mortgage REITs0%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 11.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Insurance industry, which is trading close to its 3-year average of 6.9x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 3.5% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings grow by 11% 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
2881 Fubon Financial HoldingNT$57.904.3%
+NT$33.6b		-17.3%PE6.6x
2891 CTBC Financial HoldingNT$22.203.7%
+NT$15.6b		-8.6%PB1.3x
2885 Yuanta Financial HoldingNT$22.255.5%
+NT$14.4b		-5.7%PE10.6x
5871 Chailease HoldingNT$191.002.7%
+NT$7.9b		-17.1%PE11.6x
2890 SinoPac Financial HoldingsNT$17.503.9%
+NT$7.4b		17.8%PB1.3x
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2890

NT$17.50

SinoPac Financial Holdings

7D

3.9%

1Y

17.8%

2882

NT$42.00

Cathay Financial Holding

7D

-0.2%

1Y

-29.2%

2885

NT$22.25

Yuanta Financial Holding

7D

5.5%

1Y

-5.7%

2891

NT$22.20

CTBC Financial Holding

7D

3.7%

1Y

-8.6%

2881

NT$57.90

Fubon Financial Holding

7D

4.3%

1Y

-17.3%

6021

NT$19.00

Good Finance Securities

7D

-0.8%

1Y

-10.2%

5864

NT$10.05

Concord International Securities

7D

-1.0%

1Y

-28.0%

5871

NT$191.00

Chailease Holding

7D

2.7%

1Y

-17.1%

5876

NT$46.40

Shanghai Commercial & Savings Bank

7D

2.9%

1Y

1.4%

6026

NT$10.20

Grand Fortune SecuritiesLtd

7D

-1.0%

1Y

-24.9%

6023

NT$48.40

Yuanta Futures

7D

-0.3%

1Y

-2.2%

2834

NT$12.70

Taiwan Business Bank

7D

-0.4%

1Y

36.1%

2883

NT$12.90

China Development Financial Holding

7D

-1.5%

1Y

-20.4%

2816

NT$14.90

Union Insurance

7D

-3.2%

1Y

-23.4%

2892

NT$25.85

First Financial Holding

7D

2.0%

1Y

13.2%