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Taiwanese (TAIEX) Insurance Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies14
  • 7D2.7%
  • 3M-2.2%
  • 1Y-22.6%
  • YTD-24.1%

In the last week, the Insurance industry is up 2.7%, with Fubon Financial Holding up 4.7%. In the past year, the industry is down 23%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Taiwanese Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022NT$1.8tNT$1.9tNT$241.3b7.6x7.6x0.9x
Tue, 25 Oct 2022NT$1.6tNT$2.3tNT$265.1b6.4x6x0.7x
Thu, 22 Sep 2022NT$1.6tNT$2.3tNT$265.1b7.4x6.2x0.7x
Sat, 20 Aug 2022NT$1.9tNT$2.7tNT$302.1b7.7x6.4x0.7x
Mon, 18 Jul 2022NT$1.8tNT$2.7tNT$309.6b7.5x5.7x0.6x
Wed, 15 Jun 2022NT$2.0tNT$2.7tNT$309.6b7.9x6.6x0.7x
Fri, 13 May 2022NT$2.2tNT$3.0tNT$350.5b8.8x6.2x0.7x
Sun, 10 Apr 2022NT$2.5tNT$2.7tNT$353.6b9.1x7.2x0.9x
Tue, 08 Mar 2022NT$2.5tNT$3.6tNT$378.4b8.6x6.5x0.7x
Thu, 03 Feb 2022NT$2.6tNT$3.6tNT$374.1b8.8x7x0.7x
Sat, 01 Jan 2022NT$2.5tNT$3.6tNT$374.1b8.8x6.8x0.7x
Mon, 29 Nov 2021NT$2.4tNT$3.6tNT$364.5b8.1x6.5x0.7x
Wed, 27 Oct 2021NT$2.3tNT$3.7tNT$354.5b8.1x6.5x0.6x
Fri, 24 Sep 2021NT$2.2tNT$3.7tNT$354.6b8x6.2x0.6x
Sun, 22 Aug 2021NT$2.0tNT$3.7tNT$354.6b7.4x5.7x0.5x
Fri, 09 Jul 2021NT$2.0tNT$3.7tNT$354.6b7.4x5.7x0.5x
Thu, 01 Apr 2021NT$1.7tNT$3.7tNT$295.0b7.4x5.8x0.5x
Sun, 03 Jan 2021NT$1.5tNT$3.7tNT$212.0b8.8x7x0.4x
Wed, 07 Oct 2020NT$1.3tNT$3.9tNT$197.6b8x6.8x0.3x
Tue, 30 Jun 2020NT$1.4tNT$3.8tNT$174.9b7.3x8.2x0.4x
Fri, 03 Apr 2020NT$1.2tNT$3.6tNT$199.3b7.4x6.1x0.3x
Mon, 06 Jan 2020NT$1.5tNT$3.5tNT$177.5b8.4x8.6x0.4x
Price to Earnings Ratio

10.7x


Total Market Cap: NT$1.5tTotal Earnings: NT$138.6bTotal Revenue: NT$3.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Insurance Industry Price to Earnings3Y Average 6.9x202020212022
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Insurance industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 6.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 20% per year over the last three years.
  • Meanwhile revenues for these companies have declined 16% 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 industry?

TW Market1.74%
Financials2.97%
Insurance2.73%
Reinsurance8.81%
Life and Health Insurance2.70%
Property and Casualty Insurance2.33%
Insurance Brokers0%
General Insurance-0.10%
Industry PE
  • Investors are most optimistic about the Reinsurance industry which is trading above its 3-year average PE ratio of 9.4x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Life and Health Insurance industry, which is trading close to its 3-year average of 6.9x.
Forecasted Growth
  • Analysts are most optimistic on the Life and Health Insurance industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 15% 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$57.904.7%
+NT$36.4b
-18.1%PE6.6x
2882 Cathay Financial HoldingNT$42.551.6%
+NT$8.6b
-29.3%PE8.2x
2888 Shin Kong Financial HoldingNT$8.712.0%
+NT$2.4b
-19.7%PE11.1x
2851 Central ReinsuranceNT$19.158.8%
+NT$947.7m
-32.5%PE24x
2867 Mercuries Life InsuranceNT$5.533.2%
+NT$696.9m
-40.5%PS0.4x
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Latest News

2882

NT$42.55

Cathay Financial Holding

7D

1.6%

1Y

-29.3%

2881

NT$57.90

Fubon Financial Holding

7D

4.7%

1Y

-18.1%

2905

NT$15.00

Mercuries & Associates Holding

7D

2.4%

1Y

-34.6%

6028

NT$48.15

Golden Insurance BrokersLtd

7D

-0.1%

1Y

0.1%

2850

NT$48.90

Shinkong Insurance

7D

4.4%

1Y

2.3%

2888

NT$8.71

Shin Kong Financial Holding

7D

2.0%

1Y

-19.7%

2851

NT$19.15

Central Reinsurance

7D

8.8%

1Y

-32.5%

2816

NT$15.05

Union Insurance

7D

-2.0%

1Y

-23.0%

2867

NT$5.53

Mercuries Life Insurance

7D

3.2%

1Y

-40.5%

5859

NT$13.00

Farglory Life Insurance

7D

1.6%

1Y

-4.1%