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Taiwanese (TAIEX) Healthcare Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies208
  • 7D-1.0%
  • 3M-8.8%
  • 1Y3.4%
  • YTD1.6%

Over the last 7 days, the Healthcare industry has dropped 3.0%, driven by a pullback from PharmaEssentia of 6.7%. On the other hand Lumosa Therapeutics is actually up 8.5%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 59% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NT$1.5tNT$244.5bNT$9.0b22.8x166.5x6.1x
Sat, 19 Oct 2024NT$1.5tNT$236.4bNT$6.8b24.6x225.1x6.4x
Mon, 16 Sep 2024NT$1.6tNT$236.4bNT$6.8b24.9x232.1x6.6x
Wed, 14 Aug 2024NT$1.6tNT$230.6bNT$4.1b26.7x387.8x6.9x
Fri, 12 Jul 2024NT$1.6tNT$228.8bNT$3.6b28.2x456.6x7.2x
Sun, 09 Jun 2024NT$1.5tNT$228.6bNT$3.9b27.3x393.5x6.7x
Tue, 07 May 2024NT$1.5tNT$229.4bNT$4.5b25.5x323.5x6.3x
Thu, 04 Apr 2024NT$1.5tNT$228.5bNT$6.0b27x251.9x6.6x
Sat, 02 Mar 2024NT$1.5tNT$226.7bNT$6.5b25.5x227.1x6.5x
Mon, 29 Jan 2024NT$1.4tNT$225.0bNT$5.9b24.8x232.9x6.1x
Wed, 27 Dec 2023NT$1.4tNT$224.7bNT$5.9b25.3x238.6x6.2x
Fri, 24 Nov 2023NT$1.4tNT$224.8bNT$6.6b24.8x210.9x6.2x
Sun, 22 Oct 2023NT$1.3tNT$225.3bNT$8.3b24.2x158.3x5.8x
Tue, 19 Sep 2023NT$1.4tNT$225.2bNT$8.2b26.1x171.1x6.3x
Thu, 17 Aug 2023NT$1.4tNT$224.6bNT$7.6b24.8x178.4x6.1x
Sat, 15 Jul 2023NT$1.4tNT$226.5bNT$11.6b25.5x121.6x6.2x
Mon, 12 Jun 2023NT$1.4tNT$225.0bNT$11.1b24.9x130x6.4x
Wed, 10 May 2023NT$1.4tNT$220.2bNT$12.1b24.5x119.8x6.6x
Fri, 07 Apr 2023NT$1.4tNT$221.7bNT$13.1b22.5x110.3x6.5x
Sun, 05 Mar 2023NT$1.4tNT$215.2bNT$14.4b21.6x100.7x6.7x
Tue, 31 Jan 2023NT$1.3tNT$214.5bNT$13.8b19.9x96x6.2x
Thu, 29 Dec 2022NT$1.3tNT$214.5bNT$13.8b20x95.1x6.1x
Sat, 26 Nov 2022NT$1.3tNT$214.4bNT$14.1b17.2x90.8x6x
Mon, 24 Oct 2022NT$1.1tNT$207.4bNT$10.8b18.5x103.6x5.4x
Wed, 21 Sep 2022NT$1.4tNT$207.4bNT$10.8b21.6x128.1x6.6x
Fri, 19 Aug 2022NT$1.3tNT$208.4bNT$12.1b20.6x107.1x6.2x
Sun, 17 Jul 2022NT$1.2tNT$199.0bNT$9.8b21.8x121.1x5.9x
Tue, 14 Jun 2022NT$1.2tNT$199.0bNT$9.8b22.2x120.5x5.9x
Thu, 12 May 2022NT$1.2tNT$206.0bNT$12.4b21.6x97x5.8x
Sat, 09 Apr 2022NT$1.3tNT$204.8bNT$12.3b23.3x104.2x6.3x
Mon, 07 Mar 2022NT$1.2tNT$202.1bNT$14.3b22.8x86.6x6.1x
Wed, 02 Feb 2022NT$1.1tNT$202.1bNT$14.1b21.8x79.9x5.6x
Fri, 31 Dec 2021NT$1.2tNT$202.1bNT$14.1b21.9x83.3x5.8x
Sun, 28 Nov 2021NT$1.1tNT$202.1bNT$14.1b20.1x78.1x5.4x
Price to Earnings Ratio

78.1x


Total Market Cap: NT$1.1tTotal Earnings: NT$14.1bTotal Revenue: NT$202.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Healthcare Sector Price to Earnings3Y Average 170.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Taiwanese Healthcare 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 164x which is lower than its 3-year average PE of 170x.
  • The industry is trading close to its 3-year average PS ratio of 6.3x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

TW Market-0.79%
Healthcare-1.04%
Pharma0.63%
Medical Equipment-0.46%
Healthcare Services-0.91%
Life Sciences-2.27%
Healthtech-2.93%
Biotech-3.12%
Industry PE
  • Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 123x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Biotech industry, expecting annual earnings growth of 76% over the next 5 years.
  • This is better than its past earnings growth rate of 8.8% per year.
  • In contrast, the Medical Equipment 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
6535 Lumosa TherapeuticsNT$358.008.5%
+NT$4.6b		478.4%PS1561.4x
6919 Caliway BiopharmaceuticalsNT$529.003.5%
+NT$2.5b		175.2%PS1475.7x
6550 Polaris GroupNT$54.005.5%
+NT$2.1b		-25.0%PS532.3x
3705 YungShin Global HoldingNT$58.108.6%
+NT$1.2b		27.7%PE15x
6541 Tanvex BioPharmaNT$69.8010.3%
+NT$1.1b		-5.9%PS279.6x
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Latest News

6446

NT$571.00

PharmaEssentia

7D

-8.2%

1Y

58.4%

4123

NT$50.20

Center Laboratories

7D

2.4%

1Y

13.8%

4726

NT$45.65

Mycenax Biotech

7D

-5.0%

1Y

27.5%

6875

NT$57.60

Pharmosa Biopharm

7D

-8.6%

1Y

-33.3%

4147

NT$79.00

TaiMed Biologics

7D

-3.3%

1Y

-5.3%

6550

NT$54.00

Polaris Group

7D

5.5%

1Y

-25.0%

6919

NT$529.00

Caliway Biopharmaceuticals

7D

3.5%

1Y

175.2%

4746

NT$78.70

Formosa Laboratories

7D

-11.9%

1Y

-19.2%

6535

NT$358.00

Lumosa Therapeutics

7D

8.5%

1Y

478.4%

1795

NT$285.50

Lotus Pharmaceutical

7D

1.2%

1Y

14.0%

Lotus Pharmaceutical Co., Ltd. (TWSE:1795) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Nov 16
Lotus Pharmaceutical Co., Ltd. (TWSE:1795) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

6589

NT$87.40

EirGenix

7D

-2.3%

1Y

-13.5%

3705

NT$58.10

YungShin Global Holding

7D

8.6%

1Y

27.7%

6541

NT$69.80

Tanvex BioPharma

7D

10.3%

1Y

-5.9%

4743

NT$106.50

Oneness Biotech

7D

-3.6%

1Y

-45.3%

4166

NT$38.35

Orient Pharma

7D

7.6%

1Y

92.2%

4162

NT$96.50

PharmaEngine

7D

-9.4%

1Y

-4.9%