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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedMar 21, 2025
DataAggregated Company Financials
Companies60
  • 7D1.3%
  • 3M22.0%
  • 1Y-8.5%
  • YTD19.5%

The Medical Equipment industry has been flat over the last week, but Easywell Biomedicals has lost 9.8%. Unfortunately though, the industry is down 9.4% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Taiwanese Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Mar 2025NT$285.2bNT$67.6bNT$6.3b20.5x45.4x4.2x
Sun, 16 Feb 2025NT$255.7bNT$66.7bNT$6.0b18.7x42.4x3.8x
Tue, 14 Jan 2025NT$232.1bNT$66.7bNT$6.0b18.6x38.5x3.5x
Thu, 12 Dec 2024NT$239.9bNT$66.5bNT$6.1b19.1x39.5x3.6x
Sat, 09 Nov 2024NT$218.0bNT$64.8bNT$6.6b20.8x32.9x3.4x
Mon, 07 Oct 2024NT$233.4bNT$64.7bNT$6.6b21.1x35.5x3.6x
Wed, 04 Sep 2024NT$243.5bNT$64.7bNT$6.6b21.8x37.1x3.8x
Fri, 02 Aug 2024NT$243.7bNT$63.8bNT$6.0b21.5x40.6x3.8x
Sun, 30 Jun 2024NT$253.0bNT$63.5bNT$5.8b21.8x43.9x4x
Tue, 28 May 2024NT$229.6bNT$63.5bNT$5.8b21.6x39.9x3.6x
Thu, 25 Apr 2024NT$227.0bNT$63.1bNT$5.3b26.5x42.9x3.6x
Sat, 23 Mar 2024NT$228.5bNT$63.5bNT$5.5b25.1x41.3x3.6x
Mon, 19 Feb 2024NT$215.5bNT$62.5bNT$5.6b26.6x38.3x3.4x
Wed, 17 Jan 2024NT$209.8bNT$62.2bNT$5.5b27.6x38.4x3.4x
Fri, 15 Dec 2023NT$202.1bNT$62.2bNT$5.5b26.5x37x3.2x
Sun, 12 Nov 2023NT$194.9bNT$64.0bNT$6.2b26.7x31.2x3x
Tue, 10 Oct 2023NT$195.9bNT$64.3bNT$6.6b25.5x29.6x3x
Thu, 07 Sep 2023NT$192.5bNT$64.2bNT$6.6b25.8x29.2x3x
Sat, 05 Aug 2023NT$200.0bNT$68.2bNT$9.1b22.9x22.1x2.9x
Mon, 03 Jul 2023NT$206.2bNT$67.6bNT$9.2b25.8x22.4x3x
Wed, 31 May 2023NT$197.9bNT$67.7bNT$9.7b20.9x20.5x2.9x
Fri, 28 Apr 2023NT$202.6bNT$68.1bNT$10.0b21.3x20.3x3x
Sun, 26 Mar 2023NT$203.0bNT$67.4bNT$10.0b20.7x20.3x3x
Tue, 21 Feb 2023NT$209.0bNT$67.1bNT$10.2b20.8x20.4x3.1x
Thu, 19 Jan 2023NT$192.9bNT$66.9bNT$10.2b19x18.9x2.9x
Sat, 17 Dec 2022NT$191.1bNT$66.9bNT$10.2b18.8x18.8x2.9x
Mon, 14 Nov 2022NT$165.7bNT$66.6bNT$10.0b17x16.5x2.5x
Wed, 12 Oct 2022NT$169.7bNT$65.1bNT$9.3b17.7x18.2x2.6x
Fri, 09 Sep 2022NT$191.6bNT$65.1bNT$9.3b19.9x20.6x2.9x
Sun, 07 Aug 2022NT$179.6bNT$61.8bNT$7.9b19.6x22.8x2.9x
Tue, 05 Jul 2022NT$172.9bNT$61.2bNT$7.7b19.2x22.5x2.8x
Thu, 02 Jun 2022NT$206.9bNT$70.1bNT$8.6b21.9x23.9x3x
Sat, 30 Apr 2022NT$216.8bNT$70.3bNT$8.4b21.4x25.9x3.1x
Mon, 28 Mar 2022NT$208.2bNT$70.4bNT$8.8b23.4x23.7x3x
Price to Earnings Ratio

23.7x


Total Market Cap: NT$208.2bTotal Earnings: NT$8.8bTotal Revenue: NT$70.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 29.9x202320242025
Current Industry PE
  • Investors are optimistic on the Taiwanese Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.7x which is higher than its 3-year average PE of 29.9x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

TW Market2.95%
Healthcare1.84%
Medical Equipment1.28%
Medical Supplies2.02%
Medical Equipment0.75%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 182x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 13% 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
6782 Visco VisionNT$181.005.8%
+NT$630.0m
-25.4%PE17.9x
6491 PegavisionNT$375.002.0%
+NT$585.0m
-17.7%PE16x
7799 Heron Neutron MedicalNT$494.000.8%
+NT$557.4m
n/aPS289249.5x
4771 VizionfocusNT$202.004.4%
+NT$492.3m
-46.9%PE17.1x
4736 TaiDoc TechnologyNT$150.502.4%
+NT$333.8m
-0.7%PE16.1x
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Latest News

1799

NT$72.50

Easywell Biomedicals

7D

-6.7%

1Y

12.8%

6815

NT$65.10

Diamond Biotechnology

7D

17.3%

1Y

-23.0%

6499

NT$48.50

Medeon Biodesign

7D

6.1%

1Y

12.0%

6782

NT$181.00

Visco Vision

7D

5.8%

1Y

-25.4%

4107

NT$126.50

Bioteque

7D

-0.8%

1Y

3.7%

6612

NT$127.00

ICARES Medicus

7D

-3.4%

1Y

25.9%

1565

NT$196.00

St.Shine OpticalLtd

7D

-0.5%

1Y

3.4%

4121

NT$17.10

Rossmax International

7D

-2.6%

1Y

-38.7%

4736

NT$150.50

TaiDoc Technology

7D

2.4%

1Y

-0.7%

6491

NT$375.00

Pegavision

7D

2.0%

1Y

-17.7%

4771

NT$202.00

Vizionfocus

7D

4.4%

1Y

-46.9%

3184

NT$11.00

MicroBase Technology

7D

-3.9%

1Y

-12.7%

6649

NT$41.05

Taiwan Biomaterial

7D

-6.5%

1Y

60.4%

4188

NT$17.75

AmCad BioMed

7D

-5.1%

1Y

-36.3%