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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedSep 30, 2025
DataAggregated Company Financials
Companies58
  • 7D-1.5%
  • 3M-11.5%
  • 1Y-13.4%
  • YTD25.7%

Over the last 7 days, the Medical Equipment industry has dropped 2.2%, driven by a pullback from Heron Neutron Medical of 5.0%. In contrast, SciVision Biotech has gained 7.8%. Overall the industry is down 12% in 12 months. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 Sep 2025NT$290.3bNT$69.3bNT$5.1b22.3x57.4x4.2x
Thu, 28 Aug 2025NT$324.8bNT$69.3bNT$5.1b21.9x63.6x4.7x
Sat, 26 Jul 2025NT$328.4bNT$69.0bNT$6.0b19.4x54.9x4.8x
Mon, 23 Jun 2025NT$296.6bNT$69.0bNT$6.0b18.8x49.4x4.3x
Wed, 21 May 2025NT$273.6bNT$68.9bNT$6.0b18.9x45.3x4x
Fri, 18 Apr 2025NT$247.0bNT$67.8bNT$6.3b19x39.2x3.6x
Sun, 16 Mar 2025NT$282.5bNT$67.0bNT$6.2b19.9x45.9x4.2x
Tue, 11 Feb 2025NT$250.3bNT$66.7bNT$6.0b18.2x41.5x3.7x
Thu, 09 Jan 2025NT$237.6bNT$66.7bNT$6.0b18.6x39.4x3.6x
Sat, 07 Dec 2024NT$243.7bNT$66.4bNT$6.2b19.7x39.4x3.7x
Mon, 04 Nov 2024NT$221.2bNT$64.7bNT$6.6b20.8x33.4x3.4x
Wed, 02 Oct 2024NT$234.0bNT$64.7bNT$6.6b21.4x35.6x3.6x
Fri, 30 Aug 2024NT$245.8bNT$64.7bNT$6.6b21.7x37.5x3.8x
Sun, 28 Jul 2024NT$240.0bNT$63.8bNT$5.9b21.2x40.7x3.8x
Tue, 25 Jun 2024NT$243.6bNT$63.5bNT$5.8b22.4x42.3x3.8x
Thu, 23 May 2024NT$232.2bNT$63.4bNT$5.7b21.5x40.4x3.7x
Sat, 20 Apr 2024NT$226.7bNT$63.1bNT$5.3b26.8x42.8x3.6x
Mon, 18 Mar 2024NT$223.0bNT$63.6bNT$5.4b27.6x41.3x3.5x
Wed, 14 Feb 2024NT$213.1bNT$62.5bNT$5.6b26.6x37.9x3.4x
Fri, 12 Jan 2024NT$207.7bNT$62.2bNT$5.5b27.9x38x3.3x
Sun, 10 Dec 2023NT$204.4bNT$62.2bNT$5.5b26.6x37.4x3.3x
Tue, 07 Nov 2023NT$193.3bNT$64.0bNT$6.2b25.8x30.9x3x
Thu, 05 Oct 2023NT$194.6bNT$64.2bNT$6.6b25.6x29.5x3x
Sat, 02 Sep 2023NT$195.4bNT$64.2bNT$6.6b26.1x29.7x3x
Mon, 31 Jul 2023NT$205.0bNT$68.1bNT$9.1b24.4x22.4x3x
Wed, 28 Jun 2023NT$202.3bNT$67.6bNT$9.2b24.6x22x3x
Fri, 26 May 2023NT$199.0bNT$67.7bNT$9.7b21.6x20.5x2.9x
Sun, 23 Apr 2023NT$203.8bNT$68.1bNT$10.0b19.7x20.4x3x
Tue, 21 Mar 2023NT$200.3bNT$67.7bNT$10.2b20.3x19.6x3x
Thu, 16 Feb 2023NT$201.0bNT$66.9bNT$10.2b20.8x19.7x3x
Sat, 14 Jan 2023NT$188.4bNT$66.9bNT$10.2b18.9x18.5x2.8x
Mon, 12 Dec 2022NT$186.3bNT$66.9bNT$10.2b18.1x18.3x2.8x
Wed, 09 Nov 2022NT$162.7bNT$65.7bNT$9.6b16.6x17x2.5x
Fri, 07 Oct 2022NT$174.5bNT$65.1bNT$9.3b19.4x18.7x2.7x
Price to Earnings Ratio

18.7x


Total Market Cap: NT$174.5bTotal Earnings: NT$9.3bTotal Revenue: NT$65.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 34.8x202320242025
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 57.4x which is higher than its 3-year average PE of 34.8x.
  • The 3-year average PS ratio of 3.5x 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 19% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.1% 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, which has decreased profits.

Industry Trends

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

TW Market-2.59%
Healthcare-0.12%
Medical Equipment-1.51%
Medical Supplies0.61%
Medical Equipment-2.75%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 2kx.
    • Analysts are expecting annual earnings growth of 50.1%, which is higher than its past year's earnings decline of 11.3% per year.
  • Investors are most pessimistic about the Medical Supplies industry, which is trading close to its 3-year average of 22.0x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 12% 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
4129 United OrthopedicNT$123.007.0%
+NT$771.5m		26.8%PE23.8x
6782 Visco VisionNT$204.506.2%
+NT$756.0m		-19.8%PE18.3x
1786 SciVision BiotechNT$101.508.0%
+NT$541.4m		-22.8%PE44.8x
6491 PegavisionNT$319.501.1%
+NT$273.0m		-27.2%PE15.1x
6815 Diamond BiotechnologyNT$58.0012.6%
+NT$258.3m		-15.0%PE65.5x

Latest News

6815
NT$58.00
Diamond Biotechnology
7D
12.6%
1Y
-15.0%
7814
NT$38.15
Horien Biochemical Technology
7D
-13.5%
1Y
n/a
7799
NT$680.00
Heron Neutron Medical
7D
-2.2%
1Y
n/a
6649
NT$68.30
Taiwan Biomaterial
7D
5.9%
1Y
105.7%
4129
NT$123.00
United Orthopedic
7D
7.0%
1Y
26.8%
4116
NT$48.00
BenQ Medical Technology
7D
-2.5%
1Y
-8.0%
4736
NT$122.00
TaiDoc Technology
7D
2.1%
1Y
-21.8%
6612
NT$91.70
ICARES Medicus
7D
-1.4%
1Y
-33.2%
4138
NT$70.00
Dynamic Medical Technologies
7D
0%
1Y
-17.2%
4107
NT$119.50
Bioteque
7D
2.6%
1Y
-8.4%
1565
NT$139.00
St.Shine OpticalLtd
7D
-1.1%
1Y
-34.0%
6782
NT$204.50
Visco Vision
7D
6.2%
1Y
-19.8%
1786
NT$101.50
SciVision Biotech
7D
8.0%
1Y
-22.8%
6491
NT$319.50
Pegavision
7D
1.1%
1Y
-27.2%
6918
NT$90.30
A Plus Biotechnology
7D
-1.4%
1Y
5.2%
6934
NT$66.90
HCmed Innovations
7D
-2.3%
1Y
-17.2%