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Taiwanese (TAIEX) Healthcare Services Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies23
  • 7D0.3%
  • 3M-8.5%
  • 1Y-10.8%
  • YTD-12.0%

Over the last 7 days, the Healthcare Services industry has dropped 1.6%, driven by declines in Meribank Biotech and WeLeader Biomedical of 7.4% and 4.9%, respectively. On the other hand StemCyte International is actually up 6.3%. However, the industry is down 11% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024NT$85.9bNT$39.9bNT$2.9b19.8x30x2.2x
Fri, 22 Nov 2024NT$80.6bNT$39.9bNT$2.9b19.2x28.1x2x
Sun, 20 Oct 2024NT$83.6bNT$39.4bNT$2.8b23.4x29.8x2.1x
Tue, 17 Sep 2024NT$84.5bNT$39.4bNT$2.8b22.8x30.1x2.1x
Thu, 15 Aug 2024NT$84.0bNT$39.1bNT$2.8b23.1x30.4x2.2x
Sat, 13 Jul 2024NT$89.3bNT$38.9bNT$2.8b22.3x32.1x2.3x
Mon, 10 Jun 2024NT$87.3bNT$38.9bNT$2.8b23x31.4x2.2x
Wed, 08 May 2024NT$86.0bNT$38.7bNT$2.7b21.2x31.3x2.2x
Fri, 05 Apr 2024NT$88.9bNT$38.9bNT$2.8b22.4x31.4x2.3x
Sun, 03 Mar 2024NT$91.4bNT$37.9bNT$2.8b23.7x32.7x2.4x
Tue, 30 Jan 2024NT$87.6bNT$37.1bNT$2.8b23.4x31.8x2.4x
Thu, 28 Dec 2023NT$83.2bNT$37.1bNT$2.8b23.7x30.2x2.2x
Sat, 25 Nov 2023NT$84.3bNT$37.1bNT$2.8b24.1x30.6x2.3x
Mon, 23 Oct 2023NT$85.0bNT$37.0bNT$2.9b24.1x29.2x2.3x
Wed, 20 Sep 2023NT$90.2bNT$37.0bNT$2.9b25.6x31x2.4x
Fri, 18 Aug 2023NT$91.0bNT$36.9bNT$2.9b25x31x2.5x
Sun, 16 Jul 2023NT$94.4bNT$37.4bNT$3.0b23.7x31.8x2.5x
Tue, 13 Jun 2023NT$91.3bNT$37.0bNT$3.0b25.3x30.4x2.5x
Thu, 11 May 2023NT$97.2bNT$36.7bNT$3.0b24.2x31.9x2.6x
Sat, 08 Apr 2023NT$89.2bNT$37.1bNT$3.2b19.1x27.6x2.4x
Mon, 06 Mar 2023NT$83.8bNT$36.3bNT$3.3b18.9x25.4x2.3x
Wed, 01 Feb 2023NT$77.2bNT$36.5bNT$3.3b18x23.4x2.1x
Fri, 30 Dec 2022NT$71.5bNT$36.5bNT$3.3b16.3x21.7x2x
Sun, 27 Nov 2022NT$66.8bNT$36.5bNT$3.3b16.7x20.2x1.8x
Tue, 25 Oct 2022NT$62.4bNT$35.4bNT$3.1b16.8x20x1.8x
Thu, 22 Sep 2022NT$71.7bNT$35.4bNT$3.1b18.8x22.9x2x
Sat, 20 Aug 2022NT$74.0bNT$35.3bNT$3.1b18.7x23.8x2.1x
Mon, 18 Jul 2022NT$67.1bNT$33.6bNT$2.9b17.4x22.9x2x
Wed, 15 Jun 2022NT$67.7bNT$33.6bNT$2.9b19.6x23.1x2x
Fri, 13 May 2022NT$63.4bNT$33.0bNT$2.8b18.9x22.7x1.9x
Sun, 10 Apr 2022NT$67.1bNT$33.0bNT$2.9b20.2x23.5x2x
Tue, 08 Mar 2022NT$63.9bNT$32.4bNT$2.5b22.7x25.7x2x
Thu, 03 Feb 2022NT$58.9bNT$32.3bNT$2.5b20.8x23.7x1.8x
Sat, 01 Jan 2022NT$60.6bNT$32.3bNT$2.5b20.3x24.4x1.9x
Price to Earnings Ratio

24.4x


Total Market Cap: NT$60.6bTotal Earnings: NT$2.5bTotal Revenue: NT$32.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Healthcare Services Industry Price to Earnings3Y Average 27.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Healthcare 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 27.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 4.8% per year over the last three years.
  • Revenues for these companies have grown 7.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

TW Market0.46%
Healthcare2.74%
Healthcare Services0.31%
Healthcare Services0.96%
Managed Healthcare0%
Healthcare Distributors-0.013%
Healthcare Facilities-2.20%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry which is trading above its 3-year average PE ratio of 53.1x.
    • 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 23.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Distributors industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings growth rate of 7.4% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 10% 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
4178 StemCyte InternationalNT$37.5014.0%
+NT$876.4m		n/an/a
4164 CHC Healthcare GroupNT$41.501.5%
+NT$100.1m		-31.3%PE21.4x
7713 WeLeader BiomedicalNT$81.201.5%
+NT$49.9m		n/an/a
1788 Hi-ClearanceNT$139.500.4%
+NT$22.3m		3.0%PE16.8x
6130 Shangya TechnologyNT$24.001.7%
+NT$17.7m		-31.9%PS5.1x
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Latest News

1784

NT$80.00

BIONET

7D

-4.1%

1Y

47.5%

4164

NT$41.50

CHC Healthcare Group

7D

1.5%

1Y

-31.3%

6637

NT$93.10

Medical Imaging

7D

-2.2%

1Y

9.1%

4104

NT$86.00

Excelsior Medical

7D

-0.5%

1Y

2.5%

Excelsior Medical's (TWSE:4104) Strong Earnings Are Of Good Quality

Nov 20
Excelsior Medical's (TWSE:4104) Strong Earnings Are Of Good Quality

6130

NT$24.00

Shangya Technology

7D

1.7%

1Y

-31.9%

8403

NT$28.55

ShareHope Medicine

7D

-0.7%

1Y

-10.6%

6931

NT$97.80

Qing Song HealthLtd

7D

-2.2%

1Y

52.7%

1788

NT$139.50

Hi-Clearance

7D

0.4%

1Y

3.0%

4745

NT$20.60

Cowealth Medical Holding

7D

0.5%

1Y

-19.7%

6496

NT$30.10

Excelsior Biopharma

7D

0.5%

1Y

3.3%

6879

NT$54.20

TCI GENE

7D

-1.6%

1Y

-34.1%

4724

NT$28.50

Meribank Biotech

7D

-6.6%

1Y

-26.6%

6665

NT$18.90

Healthconn

7D

-3.6%

1Y

-33.6%

7713

NT$81.20

WeLeader Biomedical

7D

1.5%

1Y

n/a

6518

NT$26.20

Concord Medical

7D

1.2%

1Y

3.6%