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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies60
  • 7D3.3%
  • 3M-1.3%
  • 1Y-6.3%
  • YTD8.8%

The Medical Equipment industry is up 3.3% in the last week, with Heron Neutron Medical up 26%. In the past year, the industry is down 6.3%. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 20 Feb 2025NT$261.0bNT$66.7bNT$6.0b19.4x43.3x3.9x
Sat, 18 Jan 2025NT$233.0bNT$66.7bNT$6.0b18.4x38.6x3.5x
Mon, 16 Dec 2024NT$235.9bNT$66.5bNT$6.0b18.9x39.1x3.5x
Wed, 13 Nov 2024NT$215.4bNT$65.4bNT$6.7b20.5x32.2x3.3x
Fri, 11 Oct 2024NT$232.3bNT$64.7bNT$6.6b21.5x35.4x3.6x
Sun, 08 Sep 2024NT$236.0bNT$64.7bNT$6.6b21.4x35.9x3.6x
Tue, 06 Aug 2024NT$223.6bNT$63.8bNT$6.0b19.7x37.3x3.5x
Thu, 04 Jul 2024NT$249.6bNT$63.5bNT$5.8b21.8x43.3x3.9x
Sat, 01 Jun 2024NT$230.4bNT$63.5bNT$5.8b21.8x40x3.6x
Mon, 29 Apr 2024NT$231.1bNT$63.1bNT$5.3b24.7x43.7x3.7x
Wed, 27 Mar 2024NT$226.7bNT$63.7bNT$5.6b23.3x40.7x3.6x
Fri, 23 Feb 2024NT$217.6bNT$62.5bNT$5.6b26.6x38.7x3.5x
Sun, 21 Jan 2024NT$206.1bNT$62.2bNT$5.5b27.2x37.7x3.3x
Tue, 19 Dec 2023NT$203.8bNT$62.2bNT$5.5b26.2x37.3x3.3x
Thu, 16 Nov 2023NT$194.7bNT$62.5bNT$5.7b27.2x34.4x3.1x
Sat, 14 Oct 2023NT$191.4bNT$64.3bNT$6.6b24.8x29x3x
Mon, 11 Sep 2023NT$190.9bNT$64.2bNT$6.6b25.7x29x3x
Wed, 09 Aug 2023NT$196.4bNT$67.8bNT$8.5b26.3x23x2.9x
Fri, 07 Jul 2023NT$210.2bNT$67.6bNT$9.2b26.7x22.9x3.1x
Sun, 04 Jun 2023NT$201.5bNT$67.6bNT$9.3b21.4x21.6x3x
Tue, 02 May 2023NT$207.0bNT$68.1bNT$10.0b22.5x20.6x3x
Thu, 30 Mar 2023NT$201.3bNT$67.4bNT$9.9b19.3x20.3x3x
Sat, 25 Feb 2023NT$210.2bNT$67.1bNT$10.2b20.7x20.5x3.1x
Mon, 23 Jan 2023NT$192.9bNT$66.9bNT$10.2b19x18.9x2.9x
Wed, 21 Dec 2022NT$185.1bNT$66.9bNT$10.2b18.1x18.2x2.8x
Fri, 18 Nov 2022NT$170.2bNT$66.9bNT$10.2b16.9x16.7x2.5x
Sun, 16 Oct 2022NT$162.9bNT$65.1bNT$9.3b17.4x17.4x2.5x
Tue, 13 Sep 2022NT$190.0bNT$65.1bNT$9.3b20x20.4x2.9x
Thu, 11 Aug 2022NT$181.9bNT$61.7bNT$7.8b19.8x23.2x2.9x
Sat, 09 Jul 2022NT$174.7bNT$61.2bNT$7.7b19.2x22.7x2.9x
Mon, 06 Jun 2022NT$206.9bNT$70.1bNT$8.6b21.4x23.9x2.9x
Wed, 04 May 2022NT$215.8bNT$70.3bNT$8.4b21.2x25.6x3.1x
Fri, 01 Apr 2022NT$211.7bNT$69.3bNT$8.5b23.5x25x3.1x
Sun, 27 Feb 2022NT$205.7bNT$70.8bNT$8.9b24.6x23.2x2.9x
Price to Earnings Ratio

23.2x


Total Market Cap: NT$205.7bTotal Earnings: NT$8.9bTotal Revenue: NT$70.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 29.4x202320242025
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 43.3x which is higher than its 3-year average PE of 29.4x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 12% 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 Market1.31%
Healthcare0.87%
Medical Equipment3.33%
Medical Equipment4.84%
Medical Supplies1.62%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 152x.
    • 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 close to its 3-year average of 22.6x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 18% 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
7799 Heron Neutron MedicalNT$364.0026.4%
+NT$10.6b
n/aPS213131.2x
6782 Visco VisionNT$195.0012.1%
+NT$1.3b
-27.6%PE19.9x
6491 PegavisionNT$389.002.2%
+NT$663.0m
-3.0%PE15.2x
4771 VizionfocusNT$190.505.0%
+NT$521.3m
-35.5%PE16.1x
1786 SciVision BiotechNT$125.005.5%
+NT$466.6m
50.1%PE41.5x
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Latest News

4126

NT$90.80

Pacific Hospital Supply

7D

-0.9%

1Y

3.4%

6491

NT$389.00

Pegavision

7D

2.2%

1Y

-3.0%

4771

NT$190.50

Vizionfocus

7D

5.0%

1Y

-35.5%

6747

NT$146.50

Brighten Optix

7D

9.3%

1Y

-10.2%

6762

NT$284.00

Delta Asia International

7D

3.6%

1Y

29.4%

6872

NT$36.65

NaviFUS

7D

-5.5%

1Y

29.7%

6815

NT$65.90

Diamond Biotechnology

7D

-2.1%

1Y

-14.1%

4736

NT$140.00

TaiDoc Technology

7D

-0.7%

1Y

-11.7%

6612

NT$126.00

ICARES Medicus

7D

-3.8%

1Y

13.6%

4107

NT$124.50

Bioteque

7D

-0.8%

1Y

9.2%

6796

NT$85.10

Medimaging Integrated Solution

7D

-3.0%

1Y

-14.7%

4129

NT$96.70

United Orthopedic

7D

-0.7%

1Y

-1.9%

6782

NT$195.00

Visco Vision

7D

12.1%

1Y

-27.6%

1799

NT$65.50

Easywell Biomedicals

7D

5.8%

1Y

39.4%