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Taiwanese (TAIEX) Healthcare Services Industry Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies22
  • 7D-1.4%
  • 3M-2.8%
  • 1Y-11.0%
  • YTD-4.2%

Over the last 7 days, the Healthcare Services industry has dropped 4.6%, driven by a pullback from Universal Vision Biotechnology of 7.7%. On the other hand Medical Imaging is actually up 9.3%. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024NT$85.0bNT$38.9bNT$2.8b21.2x30x2.2x
Fri, 22 Mar 2024NT$89.1bNT$39.0bNT$2.8b23.1x31.9x2.3x
Sun, 18 Feb 2024NT$87.6bNT$37.9bNT$2.8b23.7x31.3x2.3x
Tue, 16 Jan 2024NT$87.5bNT$37.1bNT$2.8b23.1x31.7x2.4x
Thu, 14 Dec 2023NT$84.1bNT$37.1bNT$2.8b23.8x30.5x2.3x
Sat, 11 Nov 2023NT$84.5bNT$36.9bNT$2.9b23.9x29.6x2.3x
Mon, 09 Oct 2023NT$90.1bNT$37.0bNT$2.9b25.4x31x2.4x
Wed, 06 Sep 2023NT$90.6bNT$37.0bNT$2.9b24.5x31.1x2.4x
Fri, 04 Aug 2023NT$92.2bNT$37.4bNT$2.9b22.9x31.3x2.5x
Sun, 02 Jul 2023NT$100.1bNT$37.3bNT$3.0b25x33.9x2.7x
Tue, 30 May 2023NT$92.2bNT$37.1bNT$3.1b22.5x29.9x2.5x
Thu, 27 Apr 2023NT$90.0bNT$36.9bNT$3.1b19x29.1x2.4x
Sat, 25 Mar 2023NT$85.4bNT$36.4bNT$3.3b18.5x25.8x2.3x
Mon, 20 Feb 2023NT$80.4bNT$36.5bNT$3.3b18.1x24.4x2.2x
Wed, 18 Jan 2023NT$76.0bNT$36.5bNT$3.3b17.4x23x2.1x
Fri, 16 Dec 2022NT$69.8bNT$36.5bNT$3.3b16.9x21.2x1.9x
Sun, 13 Nov 2022NT$65.5bNT$36.1bNT$3.2b16.1x20.6x1.8x
Tue, 11 Oct 2022NT$68.5bNT$35.4bNT$3.1b18.2x21.9x1.9x
Thu, 08 Sep 2022NT$73.3bNT$35.4bNT$3.1b19.1x23.4x2.1x
Sat, 06 Aug 2022NT$69.1bNT$34.0bNT$2.9b19.5x24x2x
Mon, 04 Jul 2022NT$64.6bNT$33.6bNT$2.9b17.9x22.1x1.9x
Wed, 01 Jun 2022NT$64.6bNT$33.6bNT$2.9b18.6x22.1x1.9x
Fri, 29 Apr 2022NT$65.3bNT$33.1bNT$2.8b19.5x23x2x
Sun, 27 Mar 2022NT$67.4bNT$32.6bNT$2.6b20.2x25.8x2.1x
Tue, 22 Feb 2022NT$64.4bNT$32.4bNT$2.5b22.6x26x2x
Thu, 20 Jan 2022NT$59.5bNT$32.3bNT$2.5b19.6x23.9x1.8x
Sat, 18 Dec 2021NT$59.4bNT$32.3bNT$2.5b20.3x23.9x1.8x
Mon, 15 Nov 2021NT$60.0bNT$32.2bNT$2.6b19.5x23.3x1.9x
Wed, 13 Oct 2021NT$63.3bNT$32.8bNT$2.7b18x23.8x1.9x
Fri, 10 Sep 2021NT$60.1bNT$32.8bNT$2.7b18.4x22.6x1.8x
Sun, 08 Aug 2021NT$64.0bNT$32.8bNT$2.7b19.8x24.1x1.9x
Sat, 01 May 2021NT$63.8bNT$32.7bNT$2.8b16.8x22.9x1.9x
Price to Earnings Ratio

22.9x


Total Market Cap: NT$63.8bTotal Earnings: NT$2.8bTotal Revenue: NT$32.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Healthcare Services Industry Price to Earnings3Y Average 26x202220232024
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 29.8x which is higher than its 3-year average PE of 26.0x.
  • 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 5.9% 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-1.61%
Healthcare-1.12%
Healthcare Services-1.38%
Managed Healthcare0%
Healthcare Distributors-1.05%
Healthcare Services-1.64%
Healthcare Facilities-1.89%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 23.3x.
    • 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 21.1x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 9.7% per year.
  • In contrast, the Healthcare Distributors industry is expected to see its earnings grow by 26% 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
6637 Medical ImagingNT$95.6011.2%
+NT$205.9m		83.8%PE16.9x
6615 Sofiva GenomicsLtdNT$48.2018.1%
+NT$158.1m		26.8%PE89.3x
1784 BIONETNT$64.104.4%
+NT$127.7m		5.4%PE38.7x
8403 ShareHope MedicineNT$31.252.0%
+NT$75.6m		-7.3%PE31.6x
4173 Arich EnterpriseNT$21.801.4%
+NT$22.4m		13.0%PE21.2x
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Latest News

6621

NT$12.65

UniPharma

7D

0.4%

1Y

-36.9%

4104

NT$92.60

Excelsior Medical

7D

-1.5%

1Y

14.1%

3218

NT$243.50

Universal Vision Biotechnology

7D

-4.9%

1Y

-34.1%

6931

NT$104.00

Qing Song HealthLtd

7D

-1.9%

1Y

111.2%

4139

NT$30.00

Ma Kuang Healthcare Holding

7D

-3.2%

1Y

-20.0%

4173

NT$21.80

Arich Enterprise

7D

1.4%

1Y

13.0%

6615

NT$48.20

Sofiva GenomicsLtd

7D

18.1%

1Y

26.8%

1784

NT$64.10

BIONET

7D

4.4%

1Y

5.4%

6637

NT$95.60

Medical Imaging

7D

11.2%

1Y

83.8%

7713

NT$73.00

WeLeader Biomedical

7D

-2.9%

1Y

n/a

6130

NT$22.00

Shangya Technology

7D

-3.7%

1Y

-34.3%

8403

NT$31.25

ShareHope Medicine

7D

2.0%

1Y

-7.3%

4724

NT$36.45

Meribank Biotech

7D

-2.1%

1Y

n/a

3118

NT$32.35

Level Biotechnology

7D

1.7%

1Y

3.0%

4164

NT$56.40

CHC Healthcare Group

7D

-1.4%

1Y

-14.9%

1788

NT$139.50

Hi-Clearance

7D

0.4%

1Y

-2.1%