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Taiwanese (TAIEX) Financials Sector Analysis

UpdatedSep 20, 2023
DataAggregated Company Financials
Companies56
  • 7D1.0%
  • 3M-0.1%
  • 1Y6.4%
  • YTD9.2%

Chailease Holding is up 4.5%, leading the way for the Financials industry, which has gained 1.7%. During this same period, the Diamond Biofund underperformed, falling 25%. This means that the industry has gained 6.8% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Sep 2023NT$6.8tNT$3.1tNT$358.6b14.2x19x2.2x
Sat, 19 Aug 2023NT$6.5tNT$2.9tNT$306.8b15.5x21.3x2.3x
Mon, 17 Jul 2023NT$6.8tNT$2.9tNT$301.3b16.3x22.5x2.3x
Wed, 14 Jun 2023NT$6.8tNT$2.7tNT$299.9b16.3x22.7x2.5x
Fri, 12 May 2023NT$6.7tNT$2.2tNT$367.5b17.1x18.1x3x
Sun, 09 Apr 2023NT$6.4tNT$2.2tNT$366.9b16.5x17.5x2.9x
Tue, 07 Mar 2023NT$6.5tNT$2.7tNT$492.0b14.8x13.3x2.4x
Thu, 02 Feb 2023NT$6.5tNT$2.7tNT$488.2b15x13.3x2.4x
Sat, 31 Dec 2022NT$6.2tNT$2.7tNT$488.2b14x12.7x2.3x
Mon, 28 Nov 2022NT$6.2tNT$3.0tNT$526.7b14.3x11.7x2x
Wed, 26 Oct 2022NT$5.6tNT$3.4tNT$550.5b12.8x10.2x1.7x
Fri, 23 Sep 2022NT$6.1tNT$3.4tNT$550.5b14.2x11.2x1.8x
Sun, 21 Aug 2022NT$6.6tNT$3.9tNT$618.8b13.5x10.7x1.7x
Tue, 19 Jul 2022NT$5.9tNT$4.0tNT$628.7b11.9x9.4x1.5x
Thu, 16 Jun 2022NT$6.6tNT$4.0tNT$628.7b12.7x10.5x1.7x
Sat, 14 May 2022NT$6.5tNT$4.3tNT$679.5b12.3x9.6x1.5x
Mon, 11 Apr 2022NT$7.7tNT$3.9tNT$687.1b13.5x11.3x2x
Wed, 09 Mar 2022NT$7.0tNT$4.8tNT$708.4b11.7x9.9x1.5x
Fri, 04 Feb 2022NT$7.3tNT$4.9tNT$704.1b11.8x10.3x1.5x
Sun, 02 Jan 2022NT$7.1tNT$4.8tNT$704.1b11.5x10.1x1.5x
Tue, 30 Nov 2021NT$6.7tNT$4.5tNT$707.8b11.1x9.4x1.5x
Thu, 28 Oct 2021NT$6.6tNT$4.9tNT$680.8b11.7x9.7x1.4x
Sat, 25 Sep 2021NT$6.4tNT$4.9tNT$680.9b11.2x9.4x1.3x
Mon, 23 Aug 2021NT$6.1tNT$4.9tNT$680.9b10.9x8.9x1.2x
Sat, 10 Jul 2021NT$6.0tNT$4.9tNT$680.9b10.8x8.8x1.2x
Fri, 02 Apr 2021NT$5.5tNT$4.9tNT$599.2b10.9x9.2x1.1x
Mon, 04 Jan 2021NT$5.1tNT$4.8tNT$474.3b11.4x10.7x1.1x
Thu, 08 Oct 2020NT$4.7tNT$5.0tNT$453.2b11.6x10.4x0.9x
Price to Earnings Ratio

10.4x


Total Market Cap: NT$4.7tTotal Earnings: NT$453.2bTotal Revenue: NT$5.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Financials Sector Price to Earnings3Y Average 12.2x202120222023
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 19.0x which is higher than its 3-year average PE of 12.2x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 7.5% per year over the last three years,
  • Revenues have also declined 16% 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 Market0.50%
Financials0.97%
Diversified Financial4.10%
Consumer Finance2.91%
Banks1.12%
Insurance0.16%
Mortgage Finance0%
Mortgage REITs0%
Capital Markets-4.07%
Industry PE
  • Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 27.9x.
    • Analysts are expecting annual earnings growth of 54.7%, which is higher than its past year's earnings decline of 16.6% per year.
  • Investors are most pessimistic about the Capital Markets industry, which is trading close to its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 55% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 8.3% 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
2886 Mega Financial HoldingNT$37.853.4%
+NT$17.6b
11.4%PB1.7x
5871 Chailease HoldingNT$180.001.7%
+NT$9.9b
-7.0%PE12.6x
2885 Yuanta Financial HoldingNT$25.401.6%
+NT$5.1b
27.3%PE12.9x
5876 Shanghai Commercial & Savings BankNT$43.552.1%
+NT$4.4b
-10.7%PB1.2x
2892 First Financial HoldingNT$27.000.9%
+NT$3.4b
4.0%PB1.6x
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Latest News

2905

NT$13.20

Mercuries & Associates Holding

7D

-1.9%

1Y

-12.9%

5880

NT$26.10

Taiwan Cooperative Financial Holding

7D

-0.6%

1Y

1.1%

5871

NT$180.00

Chailease Holding

7D

1.7%

1Y

-7.0%

2891

NT$24.85

CTBC Financial Holding

7D

0.6%

1Y

12.7%

5876

NT$43.55

Shanghai Commercial & Savings Bank

7D

2.1%

1Y

-10.7%

2882

NT$45.70

Cathay Financial Holding

7D

-2.2%

1Y

7.4%

2883

NT$11.85

China Development Financial Holding

7D

-0.8%

1Y

-8.8%

2885

NT$25.40

Yuanta Financial Holding

7D

1.6%

1Y

27.3%

2886

NT$37.85

Mega Financial Holding

7D

3.4%

1Y

11.4%

2888

NT$9.41

Shin Kong Financial Holding

7D

-0.3%

1Y

9.0%

2881

NT$62.10

Fubon Financial Holding

7D

-0.5%

1Y

21.2%

2838

NT$13.40

Union Bank of Taiwan

7D

-3.2%

1Y

-9.2%

2892

NT$27.00

First Financial Holding

7D

0.9%

1Y

4.0%

2887

NT$18.00

Taishin Financial Holding

7D

1.1%

1Y

28.0%

6592

NT$131.50

Hotai Finance

7D

-3.3%

1Y

36.5%

6901

NT$45.00

Diamond Biofund

7D

-32.9%

1Y

-36.1%