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Taiwanese (TAIEX) Insurance Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies14
  • 7D-0.4%
  • 3M0.8%
  • 1Y47.5%
  • YTD46.8%

Over the last 7 days, the Insurance industry has dropped 1.9%, driven by a pullback from Fubon Financial Holding of 0.8%. Over the past 12 months, the industry was up 48%. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024NT$3.0tNT$2.7tNT$258.5b10.5x11.5x1.1x
Fri, 22 Nov 2024NT$2.9tNT$2.2tNT$240.9b10.1x11.9x1.3x
Sun, 20 Oct 2024NT$3.1tNT$2.1tNT$249.7b11.2x12.6x1.5x
Tue, 17 Sep 2024NT$2.8tNT$2.1tNT$249.7b10.7x11x1.3x
Thu, 15 Aug 2024NT$2.7tNT$2.0tNT$192.8b10.7x14x1.3x
Sat, 13 Jul 2024NT$2.8tNT$2.0tNT$192.8b11.4x14.6x1.4x
Mon, 10 Jun 2024NT$2.4tNT$2.1tNT$192.8b10.8x12.6x1.2x
Wed, 08 May 2024NT$2.2tNT$2.3tNT$119.6b11.4x18.4x1x
Fri, 05 Apr 2024NT$2.1tNT$2.3tNT$119.3b9.8x17.5x0.9x
Sun, 03 Mar 2024NT$1.9tNT$2.0tNT$49.6b15x38.1x0.9x
Tue, 30 Jan 2024NT$1.9tNT$2.0tNT$49.6b14.7x37.4x0.9x
Thu, 28 Dec 2023NT$1.9tNT$2.0tNT$49.6b15.6x37.7x0.9x
Sat, 25 Nov 2023NT$1.9tNT$1.9tNT$17.2b15.3x109.1x1x
Mon, 23 Oct 2023NT$1.9tNT$1.9tNT$28.9b15.7x66x1x
Wed, 20 Sep 2023NT$2.0tNT$1.9tNT$28.9b15.9x68.2x1.1x
Fri, 18 Aug 2023NT$1.9tNT$1.7tNT$8.9b17.8x214.7x1.1x
Sun, 16 Jul 2023NT$1.9tNT$1.8tNT$8.0b17.8x236.1x1.1x
Tue, 13 Jun 2023NT$2.0tNT$1.6tNT$8.0b17.8x247.9x1.2x
Thu, 11 May 2023NT$1.9tNT$1.2tNT$88.4b14.9x21.8x1.7x
Sat, 08 Apr 2023NT$1.9tNT$1.2tNT$88.5b14.4x21.3x1.6x
Mon, 06 Mar 2023NT$1.9tNT$1.6tNT$197.3b9.2x9.8x1.2x
Wed, 01 Feb 2023NT$2.0tNT$1.6tNT$205.6b9.1x9.5x1.2x
Fri, 30 Dec 2022NT$1.8tNT$1.6tNT$205.6b8.6x8.8x1.1x
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
Price to Earnings Ratio

6.8x


Total Market Cap: NT$2.5tTotal Earnings: NT$374.1bTotal Revenue: NT$3.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Insurance Industry Price to Earnings3Y Average 36.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Taiwanese Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.4x which is lower than its 3-year average PE of 36.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 12% per year over the last three years,
  • Revenues have also declined 9.4% 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 industry?

TW Market0.46%
Financials-0.33%
Insurance-0.36%
General Insurance0.79%
Insurance Brokers0.11%
Life and Health Insurance-0.36%
Reinsurance-0.39%
Property and Casualty Insurance-0.43%
Industry PE
  • Investors are most optimistic about the Insurance Brokers industry, which is trading close to its 3-year average PE ratio of 19.0x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 19.5x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Life and Health Insurance industry since they expect its earnings to decline by only 0.4% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 124% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
6028 Golden Insurance BrokersLtdNT$128.000.8%
+NT$20.0m		88.2%PE14.3x
5878 Taiming Assurance BrokerLtdNT$46.150.1%
+NT$1.3m		-3.1%PE19.6x
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2888

NT$11.85

Shin Kong Financial Holding

7D

-0.4%

1Y

33.6%

5878

NT$46.15

Taiming Assurance BrokerLtd

7D

0.1%

1Y

-3.1%

2851

NT$25.80

Central Reinsurance

7D

-0.4%

1Y

11.7%

2883

NT$17.65

KGI Financial Holding

7D

-1.7%

1Y

41.2%

2881

NT$91.60

Fubon Financial Holding

7D

-0.3%

1Y

48.9%

2867

NT$6.40

Mercuries Life Insurance

7D

-0.2%

1Y

26.7%

2852

NT$24.60

First Insurance

7D

-1.0%

1Y

33.3%

2850

NT$104.50

Shinkong Insurance

7D

-2.3%

1Y

52.1%

6028

NT$128.00

Golden Insurance BrokersLtd

7D

0.8%

1Y

88.2%

5859

NT$16.90

Farglory Life Insurance

7D

-0.6%

1Y

52.7%