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Taiwanese (TAIEX) Financials Sector Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies53
  • 7D-1.3%
  • 3M1.8%
  • 1Y32.5%
  • YTD29.6%

Over the last 7 days, the Financials industry has dropped 1.8%, driven by a decline by Cathay Financial Holding of 2.9%. This takes the industry's 12 month performance to a gain of 33%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021NT$6.7tNT$4.6tNT$707.7b9x
Fri, 29 Oct 2021NT$6.6tNT$4.9tNT$680.8b11.8x
Sun, 26 Sep 2021NT$6.4tNT$4.9tNT$680.9b11.2x
Tue, 24 Aug 2021NT$6.2tNT$4.9tNT$680.9b11.1x
Wed, 30 Jun 2021NT$6.0tNT$4.9tNT$680.9b10.8x
Sat, 03 Apr 2021NT$5.5tNT$4.9tNT$599.2b10.9x
Tue, 05 Jan 2021NT$5.1tNT$4.8tNT$474.3b11.4x
Fri, 09 Oct 2020NT$4.7tNT$5.0tNT$453.2b11.6x
Thu, 02 Jul 2020NT$4.9tNT$4.9tNT$429.9b12x
Sun, 05 Apr 2020NT$4.3tNT$4.7tNT$448.6b11.8x
Wed, 08 Jan 2020NT$5.3tNT$4.7tNT$452.4b12x
Tue, 01 Oct 2019NT$5.0tNT$4.4tNT$401.5b12.5x
Fri, 05 Jul 2019NT$5.0tNT$4.3tNT$368.9b14.6x
Mon, 08 Apr 2019NT$4.8tNT$4.0tNT$362.5b13.9x
Thu, 10 Jan 2019NT$4.5tNT$4.0tNT$375.9b12.3x
PE Ratio

10.9x

Total Market Cap: NT$4.6tTotal Earnings: NT$410.3bTotal Revenue: NT$3.7t0%0%0%3 Year10 Year
201920202021

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 12.3x. However, future earnings are expected to decline by 0.3% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 19% per year over the last three years, and revenues for these companies have grown 9.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

Capital Markets-0.49%
Banks-0.92%
Consumer Finance-1.17%
Diversified Financial-1.66%
Insurance-1.76%

Industry PE: Investors are most optimistic about the Consumer Finance industry which is trading above its 3-year average PE ratio of 15.6x. 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 Capital Markets industry, which is trading below its 3-year average of 13.2x.

Forecasted Growth: Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 9.7% over the next 5 years. However this is lower than its past earnings growth rate of 34% per year. Meanwhile, the Insurance industry is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
5880 Taiwan Cooperative Financial Holding1.1%+NT$3.4b19.9%n/a
5871 Chailease Holding0.4%+NT$1.6b62.6%n/a
2886 Mega Financial Holding0.3%+NT$1.4b17.3%n/a
2838 Union Bank of Taiwan3.3%+NT$1.3b28.7%n/a
2855 President Securities1.7%+NT$582.3m54.9%n/a
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