Header cover image

Taiwanese (TAIEX) Healthcare Services Industry Analysis

UpdatedJul 24, 2024
DataAggregated Company Financials
Companies22
  • 7D-3.0%
  • 3M2.6%
  • 1Y-10.4%
  • YTD-1.7%

Over the last 7 days, the Healthcare Services industry has dropped 2.9%, driven by Universal Vision Biotechnology declining 5.8%. Meanwhile, Ma Kuang Healthcare Holding actually outperformed within the industry, gaining 9.5% in the last week. The industry has fallen 10% in the last year. Looking forward, earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Taiwanese Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jul 2024NT$87.2bNT$38.9bNT$2.8b21.9x31.3x2.2x
Fri, 21 Jun 2024NT$88.6bNT$38.9bNT$2.8b25.2x31.8x2.3x
Sun, 19 May 2024NT$86.4bNT$38.9bNT$2.8b21x30.9x2.2x
Tue, 16 Apr 2024NT$88.1bNT$38.9bNT$2.8b21.6x31.1x2.3x
Thu, 14 Mar 2024NT$89.8bNT$38.0bNT$2.8b23.7x32.1x2.4x
Sat, 10 Feb 2024NT$87.5bNT$37.9bNT$2.8b23.4x31.3x2.3x
Mon, 08 Jan 2024NT$87.4bNT$37.1bNT$2.8b23.5x31.7x2.4x
Wed, 06 Dec 2023NT$84.6bNT$37.1bNT$2.8b24.4x30.7x2.3x
Fri, 03 Nov 2023NT$84.8bNT$37.0bNT$2.9b24.1x29.1x2.3x
Sun, 01 Oct 2023NT$90.1bNT$37.0bNT$2.9b25.2x31x2.4x
Tue, 29 Aug 2023NT$86.6bNT$37.1bNT$2.9b23.2x29.6x2.3x
Thu, 27 Jul 2023NT$93.7bNT$37.4bNT$3.0b23.6x31.6x2.5x
Sat, 24 Jun 2023NT$93.6bNT$37.3bNT$3.0b24.2x31.7x2.5x
Mon, 22 May 2023NT$93.2bNT$37.0bNT$3.1b22.2x30.3x2.5x
Wed, 19 Apr 2023NT$93.2bNT$36.8bNT$3.0b19.2x30.7x2.5x
Fri, 17 Mar 2023NT$84.5bNT$36.4bNT$3.3b18.2x25.6x2.3x
Sun, 12 Feb 2023NT$79.8bNT$36.5bNT$3.3b17.8x24.2x2.2x
Tue, 10 Jan 2023NT$73.5bNT$36.5bNT$3.3b16.4x22.3x2x
Thu, 08 Dec 2022NT$70.0bNT$36.5bNT$3.3b16.8x21.2x1.9x
Sat, 05 Nov 2022NT$64.1bNT$35.7bNT$3.2b16.1x20.3x1.8x
Mon, 03 Oct 2022NT$68.5bNT$35.4bNT$3.1b18x21.9x1.9x
Wed, 31 Aug 2022NT$75.9bNT$35.5bNT$3.1b19x24.1x2.1x
Fri, 29 Jul 2022NT$69.5bNT$33.7bNT$2.9b17.6x24.4x2.1x
Sun, 26 Jun 2022NT$66.7bNT$33.6bNT$2.9b19.7x22.8x2x
Tue, 24 May 2022NT$64.0bNT$33.6bNT$2.9b18.4x21.8x1.9x
Thu, 21 Apr 2022NT$67.7bNT$33.0bNT$2.8b21.1x23.8x2.1x
Sat, 19 Mar 2022NT$66.7bNT$32.4bNT$2.5b25.1x26.9x2.1x
Mon, 14 Feb 2022NT$63.4bNT$32.3bNT$2.5b22.3x25.5x2x
Wed, 12 Jan 2022NT$59.5bNT$32.3bNT$2.5b20.2x23.9x1.8x
Fri, 10 Dec 2021NT$59.8bNT$32.3bNT$2.5b20.1x24x1.8x
Sun, 07 Nov 2021NT$61.1bNT$32.5bNT$2.6b20.1x23.8x1.9x
Tue, 05 Oct 2021NT$59.8bNT$32.8bNT$2.7b17.8x22.5x1.8x
Thu, 02 Sep 2021NT$61.1bNT$32.8bNT$2.7b18.4x23x1.9x
Sat, 31 Jul 2021NT$65.7bNT$32.8bNT$2.7b19.8x24.7x2x
Price to Earnings Ratio

24.7x


Total Market Cap: NT$65.7bTotal Earnings: NT$2.7bTotal Revenue: NT$32.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Healthcare Services Industry Price to Earnings3Y Average 26.7x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.2x which is higher than its 3-year average PE of 26.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.8% 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 and as a result, profits have held steady.

Industry Trends

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

TW Market-4.61%
Healthcare-0.93%
Healthcare Services-2.96%
Healthcare Facilities2.25%
Managed Healthcare0%
Healthcare Distributors-1.92%
Healthcare Services-4.61%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 37.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Healthcare Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 1.3% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 35% 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
4139 Ma Kuang Healthcare HoldingNT$30.854.2%
+NT$53.2m		-7.4%PS1.1x
6621 UniPharmaNT$16.200.9%
+NT$5.3m		-11.0%PS5.6x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

1784

NT$132.00

BIONET

7D

-10.2%

1Y

105.9%

6931

NT$101.50

Qing Song HealthLtd

7D

0.5%

1Y

101.7%

4164

NT$48.00

CHC Healthcare Group

7D

-3.1%

1Y

-22.8%

6615

NT$65.20

Sofiva GenomicsLtd

7D

-13.1%

1Y

70.0%

8403

NT$31.75

ShareHope Medicine

7D

-3.2%

1Y

-15.6%

6621

NT$16.20

UniPharma

7D

0.9%

1Y

-11.0%

4139

NT$30.85

Ma Kuang Healthcare Holding

7D

4.2%

1Y

-7.4%

6637

NT$112.50

Medical Imaging

7D

-7.4%

1Y

79.4%

4104

NT$88.30

Excelsior Medical

7D

-1.7%

1Y

1.3%

3218

NT$229.50

Universal Vision Biotechnology

7D

-5.6%

1Y

-38.5%