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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedJul 09, 2026
DataAggregated Company Financials
Companies58
  • 7D6.4%
  • 3M6.0%
  • 1Y-23.4%
  • YTD0.06%

In the last week, the Medical Equipment industry is up 6.4%, with Heron Neutron Medical up 12%. During this same period, the Delta Asia International underperformed, falling 5.6%. In contrast, the industry has lost 23% in the last 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 Jul 2026NT$249.3bNT$70.5bNT$5.9b17.9x42.5x3.5x
Sat, 06 Jun 2026NT$236.4bNT$70.5bNT$5.9b16.9x40.3x3.4x
Mon, 04 May 2026NT$230.5bNT$70.0bNT$5.8b18x39.5x3.3x
Wed, 01 Apr 2026NT$222.3bNT$70.0bNT$5.9b18.4x37.4x3.2x
Fri, 27 Feb 2026NT$267.8bNT$70.0bNT$6.0b18.9x44.5x3.8x
Sun, 25 Jan 2026NT$250.8bNT$69.7bNT$5.9b19x42.8x3.6x
Tue, 23 Dec 2025NT$261.7bNT$69.7bNT$5.9b18.6x44.6x3.8x
Thu, 20 Nov 2025NT$274.4bNT$70.5bNT$5.9b19.8x46.2x3.9x
Sat, 18 Oct 2025NT$294.5bNT$70.1bNT$5.2b21.5x56.4x4.2x
Mon, 15 Sep 2025NT$311.7bNT$69.3bNT$5.1b22.6x61.6x4.5x
Wed, 13 Aug 2025NT$309.7bNT$68.9bNT$5.6b20.5x55.6x4.5x
Fri, 11 Jul 2025NT$324.3bNT$69.0bNT$6.0b18.7x54.1x4.7x
Sun, 08 Jun 2025NT$294.4bNT$69.0bNT$6.0b18.9x49.1x4.3x
Tue, 06 May 2025NT$250.8bNT$68.0bNT$6.5b19.1x38.6x3.7x
Thu, 03 Apr 2025NT$273.8bNT$67.8bNT$6.3b20.8x43.6x4x
Sat, 01 Mar 2025NT$270.8bNT$66.7bNT$6.0b19.3x44.9x4.1x
Mon, 27 Jan 2025NT$234.9bNT$66.7bNT$6.0b18.6x38.9x3.5x
Wed, 25 Dec 2024NT$238.2bNT$66.5bNT$6.0b18.6x39.5x3.6x
Fri, 22 Nov 2024NT$213.0bNT$66.4bNT$6.2b19.6x34.5x3.2x
Sun, 20 Oct 2024NT$226.1bNT$64.7bNT$6.6b21.2x34.4x3.5x
Tue, 17 Sep 2024NT$235.7bNT$64.7bNT$6.6b21.6x35.9x3.6x
Thu, 15 Aug 2024NT$239.0bNT$64.2bNT$6.2b20.8x38.7x3.7x
Sat, 13 Jul 2024NT$250.8bNT$63.5bNT$5.8b21.6x43.6x4x
Mon, 10 Jun 2024NT$237.9bNT$63.5bNT$5.8b22x41.3x3.7x
Wed, 08 May 2024NT$231.3bNT$63.3bNT$5.6b24.8x41.2x3.7x
Fri, 05 Apr 2024NT$231.9bNT$63.2bNT$5.3b26x43.7x3.7x
Sun, 03 Mar 2024NT$220.0bNT$62.5bNT$5.6b27.5x39.4x3.5x
Tue, 30 Jan 2024NT$209.9bNT$62.2bNT$5.5b27.4x38.4x3.4x
Thu, 28 Dec 2023NT$208.5bNT$62.2bNT$5.5b27.3x38.1x3.4x
Sat, 25 Nov 2023NT$201.0bNT$62.3bNT$5.5b26.9x36.4x3.2x
Mon, 23 Oct 2023NT$187.7bNT$64.2bNT$6.7b24.2x28.2x2.9x
Wed, 20 Sep 2023NT$189.8bNT$64.2bNT$6.6b25.7x28.8x3x
Fri, 18 Aug 2023NT$190.9bNT$64.1bNT$6.4b26.2x29.9x3x
Sun, 16 Jul 2023NT$203.2bNT$67.6bNT$9.2b25x22.1x3x
Price to Earnings Ratio

22.1x


Total Market Cap: NT$203.2bTotal Earnings: NT$9.2bTotal Revenue: NT$67.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 41.2x202420252026
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 41.2x.
  • The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 14% 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-2.67%
Healthcare8.30%
Medical Equipment6.37%
Medical Equipment6.97%
Medical Supplies5.48%
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 102.3%, which is higher than its past year's earnings growth of 8.4% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading close to its 3-year average of 21.3x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 102% over the next 5 years.
  • This is better than its past earnings growth rate of 8.4% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 15% 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
7799 Heron Neutron MedicalNT$442.0011.8%
+NT$7.3b
-48.6%PS5370.3x
6491 PegavisionNT$375.0010.3%
+NT$2.7b
26.9%PE17.9x
4771 VizionfocusNT$212.008.4%
+NT$968.7m
18.4%PE16.3x
6782 Visco VisionNT$207.006.2%
+NT$756.0m
25.1%PE14x
6493 TtbioNT$56.2067.3%
+NT$679.1m
202.2%PS4.2x

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