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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies57
  • 7D-9.8%
  • 3M-13.0%
  • 1Y-14.5%
  • YTD-3.1%

Over the last 7 days, the Medical Equipment industry has dropped 6.7%, driven by Heron Neutron Medical declining 22%. On the other hand Bionime is actually up 12%. The industry has fallen 9.3% in the last year. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026NT$239.2bNT$70.0bNT$6.0b18.3x40x3.4x
Thu, 05 Feb 2026NT$251.2bNT$69.9bNT$5.9b19x42.7x3.6x
Sat, 03 Jan 2026NT$247.1bNT$69.7bNT$5.9b18.7x42.1x3.5x
Mon, 01 Dec 2025NT$283.8bNT$70.5bNT$5.9b20.2x47.7x4x
Wed, 29 Oct 2025NT$303.4bNT$70.1bNT$5.1b21.5x59.8x4.3x
Fri, 26 Sep 2025NT$295.1bNT$69.3bNT$5.1b22.4x58.4x4.3x
Sun, 24 Aug 2025NT$320.0bNT$69.3bNT$5.1b21.6x62.4x4.6x
Tue, 22 Jul 2025NT$336.2bNT$69.0bNT$6.0b19.1x56x4.9x
Thu, 19 Jun 2025NT$293.8bNT$69.0bNT$6.0b18.8x49x4.3x
Sat, 17 May 2025NT$275.9bNT$69.0bNT$6.1b19.6x45.4x4x
Mon, 14 Apr 2025NT$242.6bNT$67.7bNT$6.3b18.4x38.5x3.6x
Wed, 12 Mar 2025NT$284.7bNT$66.5bNT$5.9b18.6x48.3x4.3x
Fri, 07 Feb 2025NT$251.4bNT$66.7bNT$6.0b18.4x41.7x3.8x
Sun, 05 Jan 2025NT$236.5bNT$66.7bNT$6.0b18.5x39.2x3.5x
Tue, 03 Dec 2024NT$253.2bNT$66.4bNT$6.2b19.4x40.9x3.8x
Thu, 31 Oct 2024NT$219.5bNT$64.7bNT$6.6b20.9x33.1x3.4x
Sat, 28 Sep 2024NT$233.8bNT$64.7bNT$6.6b21.3x35.6x3.6x
Mon, 26 Aug 2024NT$245.4bNT$64.7bNT$6.6b21.4x37.5x3.8x
Wed, 24 Jul 2024NT$243.2bNT$63.8bNT$5.9b21.8x41.3x3.8x
Fri, 21 Jun 2024NT$243.6bNT$63.5bNT$5.8b22.1x42.3x3.8x
Sun, 19 May 2024NT$231.5bNT$62.9bNT$5.6b24.3x41.3x3.7x
Tue, 16 Apr 2024NT$229.0bNT$63.2bNT$5.3b25.4x43.1x3.6x
Thu, 14 Mar 2024NT$221.1bNT$63.8bNT$5.5b27.8x40.2x3.5x
Sat, 10 Feb 2024NT$213.1bNT$62.5bNT$5.6b26.6x37.9x3.4x
Mon, 08 Jan 2024NT$211.4bNT$62.2bNT$5.5b27x38.7x3.4x
Wed, 06 Dec 2023NT$204.9bNT$62.2bNT$5.5b26.3x37.5x3.3x
Fri, 03 Nov 2023NT$191.0bNT$64.3bNT$6.5b25.5x29.3x3x
Sun, 01 Oct 2023NT$193.4bNT$64.2bNT$6.6b25.6x29.4x3x
Tue, 29 Aug 2023NT$188.1bNT$64.2bNT$6.6b25.2x28.4x2.9x
Thu, 27 Jul 2023NT$204.5bNT$68.1bNT$9.1b24.6x22.4x3x
Sat, 24 Jun 2023NT$200.5bNT$67.6bNT$9.2b24.1x21.8x3x
Mon, 22 May 2023NT$195.9bNT$67.7bNT$9.7b22x20.2x2.9x
Wed, 19 Apr 2023NT$209.7bNT$68.1bNT$10.0b22.3x21x3.1x
Fri, 17 Mar 2023NT$195.9bNT$67.3bNT$10.2b19.8x19.2x2.9x
Price to Earnings Ratio

19.2x


Total Market Cap: NT$195.9bTotal Earnings: NT$10.2bTotal Revenue: NT$67.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 39.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Medical Equipment 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 39.1x.
  • The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 16% 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 Market-8.48%
Healthcare-7.70%
Medical Equipment-9.75%
Medical Supplies-3.82%
Medical Equipment-13.08%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 3kx.
    • Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings growth of 18.2% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading below its 3-year average of 21.8x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 7.1% 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
4737 BionimeNT$61.8012.4%
+NT$457.5m		9.5%PS2.2x
4736 TaiDoc TechnologyNT$126.501.6%
+NT$190.7m		-10.0%PE8.3x
4138 Dynamic Medical TechnologiesNT$61.204.8%
+NT$111.8m		-29.0%PE13.9x
6782 Visco VisionNT$190.500.5%
+NT$63.0m		9.2%PE13.5x
4121 Rossmax InternationalNT$19.902.3%
+NT$37.2m		12.4%PS0.4x

Latest News

1786
NT$68.00
SciVision Biotech
7D
-5.6%
1Y
-44.9%
4138
NT$61.20
Dynamic Medical Technologies
7D
4.8%
1Y
-29.0%
6934
NT$79.70
HCmed Innovations
7D
-24.5%
1Y
15.8%
6527
NT$75.50
Crystalvue Medical
7D
0.9%
1Y
-12.8%
4771
NT$173.00
Vizionfocus
7D
-2.5%
1Y
-10.4%
6762
NT$159.50
Delta Asia International
7D
-6.2%
1Y
-31.8%
6782
NT$190.50
Visco Vision
7D
0.5%
1Y
9.2%
7799
NT$417.00
Heron Neutron Medical
7D
-17.1%
1Y
-17.8%
4121
NT$19.90
Rossmax International
7D
2.3%
1Y
12.4%
6491
NT$280.50
Pegavision
7D
-1.9%
1Y
-24.3%
4198
NT$41.20
S&S Healthcare Holding
7D
3.0%
1Y
34.2%
6598
NT$23.70
Applied BioCode
7D
-6.7%
1Y
4.6%
4737
NT$61.80
Bionime
7D
12.4%
1Y
9.5%
4736
NT$126.50
TaiDoc Technology
7D
1.6%
1Y
-10.0%
4129
NT$105.00
United Orthopedic
7D
-2.8%
1Y
14.1%
6850
NT$43.50
BiOptic
7D
1.2%
1Y
14.6%