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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedMay 23, 2026
DataAggregated Company Financials
Companies58
  • 7D3.0%
  • 3Mn/a
  • 1Y-18.3%
  • YTD-9.2%

The Medical Equipment industry is up 2.1% in the last week, with Heron Neutron Medical up 7.7%. During this same period, the INTAI Technology underperformed, falling 6.4%. In the past year, the industry is down 18%. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 May 2026NT$225.5bNT$70.5bNT$5.9b16.3x38.5x3.2x
Mon, 20 Apr 2026NT$240.8bNT$70.0bNT$5.9b18.7x41x3.4x
Wed, 18 Mar 2026NT$245.1bNT$69.9bNT$5.9b18.7x41.4x3.5x
Fri, 13 Feb 2026NT$251.8bNT$69.9bNT$5.9b19x42.8x3.6x
Sun, 11 Jan 2026NT$239.1bNT$69.7bNT$5.9b18.9x40.8x3.4x
Tue, 09 Dec 2025NT$275.1bNT$69.7bNT$5.9b19.4x46.9x3.9x
Thu, 06 Nov 2025NT$300.9bNT$70.3bNT$5.0b20.6x59.8x4.3x
Sat, 04 Oct 2025NT$283.9bNT$69.3bNT$5.1b22.4x56.1x4.1x
Mon, 01 Sep 2025NT$319.5bNT$69.3bNT$5.1b21.9x62.6x4.6x
Wed, 30 Jul 2025NT$325.2bNT$69.0bNT$6.0b19.3x54.4x4.7x
Fri, 27 Jun 2025NT$327.4bNT$69.0bNT$6.0b18.9x54.6x4.7x
Sun, 25 May 2025NT$278.4bNT$68.9bNT$6.0b19.1x46x4x
Tue, 22 Apr 2025NT$239.3bNT$67.9bNT$6.2b18.4x38.5x3.5x
Thu, 20 Mar 2025NT$281.7bNT$67.5bNT$6.3b19.9x44.7x4.2x
Sat, 15 Feb 2025NT$255.7bNT$66.7bNT$6.0b18.7x42.4x3.8x
Mon, 13 Jan 2025NT$236.0bNT$66.7bNT$6.0b19x39.1x3.5x
Wed, 11 Dec 2024NT$243.5bNT$66.4bNT$6.2b19.3x39.4x3.7x
Fri, 08 Nov 2024NT$220.5bNT$64.8bNT$6.6b21.1x33.3x3.4x
Sun, 06 Oct 2024NT$233.4bNT$64.7bNT$6.6b21.1x35.5x3.6x
Tue, 03 Sep 2024NT$246.5bNT$64.7bNT$6.6b21.9x37.5x3.8x
Thu, 01 Aug 2024NT$236.9bNT$63.8bNT$6.0b21.3x39.5x3.7x
Sat, 29 Jun 2024NT$253.0bNT$63.5bNT$5.8b21.8x43.9x4x
Mon, 27 May 2024NT$230.0bNT$63.5bNT$5.8b21.3x39.9x3.6x
Wed, 24 Apr 2024NT$226.3bNT$63.1bNT$5.3b26.7x42.7x3.6x
Fri, 22 Mar 2024NT$228.2bNT$63.3bNT$5.5b24.8x41.5x3.6x
Sun, 18 Feb 2024NT$215.5bNT$62.5bNT$5.6b26.6x38.3x3.4x
Tue, 16 Jan 2024NT$211.3bNT$62.2bNT$5.5b28x38.7x3.4x
Thu, 14 Dec 2023NT$202.1bNT$62.2bNT$5.5b27x37x3.2x
Sat, 11 Nov 2023NT$194.9bNT$64.0bNT$6.2b26.7x31.2x3x
Mon, 09 Oct 2023NT$195.9bNT$64.3bNT$6.6b25.5x29.6x3x
Wed, 06 Sep 2023NT$193.0bNT$64.2bNT$6.6b25.9x29.3x3x
Fri, 04 Aug 2023NT$198.6bNT$68.3bNT$9.2b22.6x21.7x2.9x
Sun, 02 Jul 2023NT$206.2bNT$67.6bNT$9.2b25.8x22.4x3x
Tue, 30 May 2023NT$199.8bNT$67.7bNT$9.7b20.8x20.6x3x
Price to Earnings Ratio

20.6x


Total Market Cap: NT$199.8bTotal Earnings: NT$9.7bTotal Revenue: NT$67.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 40.5x202420252026
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 40.5x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 15% 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 Market2.64%
Healthcare1.16%
Medical Equipment2.99%
Medical Equipment3.68%
Medical Supplies2.02%
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 below its 3-year average of 21.5x.
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 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
7799 Heron Neutron MedicalNT$328.507.7%
+NT$3.7b		-33.1%PS3991.3x
6491 PegavisionNT$308.004.6%
+NT$1.1b		-11.1%PE14.9x
6499 Medeon BiodesignNT$93.7012.1%
+NT$979.1m		-20.3%PS21x
4771 VizionfocusNT$192.504.1%
+NT$439.0m		-7.7%PE14.8x
6612 ICARES MedicusNT$74.0010.6%
+NT$337.4m		-33.3%PE83.3x

Latest News

1786
NT$58.20
SciVision Biotech
7D
3.9%
1Y
-39.6%
3184
NT$23.10
MicroBase Technology
7D
-15.4%
1Y
77.9%
4736
NT$123.00
TaiDoc Technology
7D
1.7%
1Y
-4.7%
4129
NT$91.20
United Orthopedic
7D
-2.1%
1Y
-8.8%
4771
NT$192.50
Vizionfocus
7D
4.1%
1Y
-7.7%
4163
NT$110.50
INTAI Technology
7D
-6.4%
1Y
7.3%
6499
NT$93.70
Medeon Biodesign
7D
12.1%
1Y
-20.3%
4107
NT$116.50
Bioteque
7D
-1.7%
1Y
-6.0%
7790
NT$52.50
Spirit Scientific
7D
-13.9%
1Y
-29.4%
6491
NT$308.00
Pegavision
7D
4.6%
1Y
-11.1%
4126
NT$79.20
Pacific Hospital Supply
7D
-1.0%
1Y
-14.8%
6815
NT$33.05
Diamond Biotechnology
7D
22.4%
1Y
-36.2%
7799
NT$328.50
Heron Neutron Medical
7D
7.7%
1Y
-33.1%
4737
NT$57.00
Bionime
7D
-5.9%
1Y
-12.3%
4115
NT$8.41
Sunder Biomedical Tech
7D
-8.0%
1Y
-6.6%
6612
NT$74.00
ICARES Medicus
7D
10.6%
1Y
-33.3%