Taiwanese (TAIEX) Capital Markets Industry Analysis
- 7D0.5%
- 3M2.9%
- 1Y27.9%
- YTD14.3%
Over the last 7 days, the Capital Markets industry has remained flat, although notably Concord SecuritiesLtd declined by 4.3%. As for the the longer term, the industry is up 28% over the past 12 months.
Industry Valuation and Performance
Has the Taiwanese Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | NT$247.5b | NT$69.1b | NT$27.4b | 7.8x |
| Sat, 06 Nov 2021 | NT$243.4b | NT$69.3b | NT$28.4b | 8.6x |
| Mon, 04 Oct 2021 | NT$238.8b | NT$69.2b | NT$28.4b | 8.1x |
| Wed, 01 Sep 2021 | NT$246.4b | NT$69.2b | NT$28.4b | 8.2x |
| Thu, 08 Jul 2021 | NT$259.0b | NT$69.2b | NT$28.4b | 8.8x |
| Wed, 31 Mar 2021 | NT$243.0b | NT$64.5b | NT$27.4b | 7.3x |
| Sat, 02 Jan 2021 | NT$213.5b | NT$53.9b | NT$19.4b | 11.4x |
| Tue, 06 Oct 2020 | NT$185.0b | NT$48.7b | NT$16.1b | 13.1x |
| Fri, 10 Jul 2020 | NT$172.6b | NT$43.8b | NT$13.8b | 12.4x |
| Thu, 02 Apr 2020 | NT$155.3b | NT$37.2b | NT$9.0b | 15.1x |
| Sun, 05 Jan 2020 | NT$175.1b | NT$40.7b | NT$13.8b | 15.4x |
| Wed, 09 Oct 2019 | NT$164.8b | NT$37.1b | NT$11.2b | 15.8x |
| Tue, 02 Jul 2019 | NT$168.0b | NT$34.8b | NT$9.1b | 18.1x |
| Fri, 05 Apr 2019 | NT$162.5b | NT$37.6b | NT$10.8b | 15.8x |
| Mon, 07 Jan 2019 | NT$149.9b | NT$38.7b | NT$10.1b | 13.5x |
13.5x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 13.2x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Capital Markets industry have grown 40% per year over the last three years, and revenues for these companies have grown 21% 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 Capital Markets industry?
| Financial Exchanges and Data | 1.20% | |
| Investment Banking and Brokerage | 0.63% | |
| Diversified Capital Markets | 0% | |
Industry PE: Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 14.2x. 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 Investment Banking and Brokerage industry, which is trading below its 3-year average of 12.9x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 6005 Capital Securities | 2.5%+NT$868.4m | 29.2% | PE6.9x | |
| 2855 President Securities | 2.2%+NT$727.9m | 44.0% | PE6.7x | |
| 6020 TaChan SecuritiesLtd | 5.5%+NT$302.8m | 57.3% | PE8x | |
| 6026 Grand Fortune SecuritiesLtd | 5.9%+NT$300.1m | 104.3% | PE4.9x | |
| 6015 Horizon Securities | 4.9%+NT$264.7m | 87.6% | PE4.2x |