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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies37
  • 7D-1.0%
  • 3M1.7%
  • 1Y0.7%
  • YTDn/a

Over the last 7 days, the Medical Equipment industry has dropped 1.0%, driven by INTAI Technology declining 2.0%. Meanwhile, Easywell Biomedicals actually outperformed within the industry, gaining 6.1% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 3.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024NT$93.1bNT$31.8bNT$462.2m26.6x201.5x2.9x
Sun, 24 Mar 2024NT$94.4bNT$32.4bNT$761.0m25.6x124x2.9x
Tue, 20 Feb 2024NT$92.9bNT$31.4bNT$717.8m28.7x129.4x3x
Thu, 18 Jan 2024NT$89.0bNT$31.4bNT$717.8m26.8x124x2.8x
Sat, 16 Dec 2023NT$88.6bNT$31.4bNT$717.8m26.6x123.4x2.8x
Mon, 13 Nov 2023NT$82.9bNT$33.2bNT$1.4b32x59.1x2.5x
Wed, 11 Oct 2023NT$83.1bNT$33.4bNT$1.6b25.5x53.2x2.5x
Fri, 08 Sep 2023NT$84.2bNT$33.4bNT$1.6b26.2x53.9x2.5x
Sun, 06 Aug 2023NT$91.1bNT$37.5bNT$4.3b26.9x21.3x2.4x
Tue, 04 Jul 2023NT$95.8bNT$37.1bNT$4.4b28x21.8x2.6x
Thu, 01 Jun 2023NT$90.4bNT$37.2bNT$4.7b17.6x19.2x2.4x
Sat, 29 Apr 2023NT$89.1bNT$37.3bNT$4.8b18.4x18.4x2.4x
Mon, 27 Mar 2023NT$88.5bNT$36.8bNT$4.9b16.2x18.2x2.4x
Wed, 22 Feb 2023NT$87.3bNT$36.7bNT$5.1b16.1x17.1x2.4x
Fri, 20 Jan 2023NT$79.6bNT$36.7bNT$5.1b13.6x15.6x2.2x
Sun, 18 Dec 2022NT$80.6bNT$36.7bNT$5.1b13.3x15.8x2.2x
Tue, 15 Nov 2022NT$76.0bNT$36.7bNT$5.1b13.8x14.8x2.1x
Thu, 13 Oct 2022NT$73.7bNT$35.6bNT$4.6b14.3x15.9x2.1x
Sat, 10 Sep 2022NT$86.4bNT$35.5bNT$4.6b16.5x18.7x2.4x
Mon, 08 Aug 2022NT$79.9bNT$32.5bNT$3.3b21.4x24.3x2.5x
Wed, 06 Jul 2022NT$79.2bNT$32.0bNT$3.3b19.7x24x2.5x
Fri, 03 Jun 2022NT$84.5bNT$32.0bNT$3.3b21.4x25.7x2.6x
Sun, 01 May 2022NT$96.2bNT$31.5bNT$3.0b20.2x32x3.1x
Tue, 29 Mar 2022NT$79.6bNT$31.2bNT$3.1b17.5x25.6x2.6x
Thu, 24 Feb 2022NT$81.2bNT$31.4bNT$3.3b21.6x24.7x2.6x
Sat, 22 Jan 2022NT$82.2bNT$31.4bNT$3.3b23x24.9x2.6x
Mon, 20 Dec 2021NT$83.8bNT$31.4bNT$3.3b23.5x25.4x2.7x
Wed, 17 Nov 2021NT$75.2bNT$31.6bNT$3.6b17x20.8x2.4x
Fri, 15 Oct 2021NT$74.0bNT$30.8bNT$3.4b21.9x21.5x2.4x
Sun, 12 Sep 2021NT$83.4bNT$30.8bNT$3.4b22.3x24.2x2.7x
Tue, 10 Aug 2021NT$86.3bNT$30.8bNT$3.4b23.9x25.3x2.8x
Mon, 03 May 2021NT$86.3bNT$29.9bNT$3.3b22x26.1x2.9x
Price to Earnings Ratio

26.1x


Total Market Cap: NT$86.3bTotal Earnings: NT$3.3bTotal Revenue: NT$29.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 41.7x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Healthcare Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 201x which is higher than its 3-year average PE of 41.7x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 48% 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 Comparison

How does Taiwanese Medical Equipment compare with similar industries?

TW Market-2.26%
Healthcare-0.78%
Medical Equipment1.62%
Medical Equipment-1.01%
Medical Supplies3.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
1799 Easywell BiomedicalsNT$67.205.7%
+NT$438.7m		242.0%PS30.1x
6918 Aplus BiotechnologyNT$66.4013.3%
+NT$237.7m		47.9%n/a
4736 TaiDoc TechnologyNT$154.001.0%
+NT$143.1m		-16.3%PE14.4x
4188 AmCad BioMedNT$27.1510.6%
+NT$138.6m		62.6%PS22.2x
4171 GeneReach BiotechnologyNT$31.955.1%
+NT$89.1m		-31.1%PS8.1x
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Latest News

4138

NT$114.00

Dynamic Medical Technologies

7D

-1.7%

1Y

55.6%

6598

NT$19.55

Applied BioCode

7D

-2.7%

1Y

-29.0%

6730

NT$39.55

Lagis Enterprise

7D

-3.7%

1Y

-3.4%

3184

NT$12.00

MicroBase Technology

7D

-3.2%

1Y

-21.1%

6918

NT$66.40

Aplus Biotechnology

7D

13.3%

1Y

47.9%

4198

NT$48.50

S&S Healthcare Holding

7D

3.2%

1Y

92.5%

6797

NT$26.90

Taiwan Advanced Nanotech

7D

-4.1%

1Y

-53.5%

7725

NT$34.35

LabTurbo Biotech

7D

3.5%

1Y

n/a

7555

NT$67.20

MEM Dental Technology

7D

-4.0%

1Y

-20.5%

4736

NT$154.00

TaiDoc Technology

7D

1.0%

1Y

-16.3%

4171

NT$31.95

GeneReach Biotechnology

7D

5.1%

1Y

-31.1%

1799

NT$67.20

Easywell Biomedicals

7D

5.7%

1Y

242.0%

4106

NT$27.80

Wellell

7D

1.3%

1Y

-12.6%

Some May Be Optimistic About Wellell's (TWSE:4106) Earnings

Mar 23
Some May Be Optimistic About Wellell's (TWSE:4106) Earnings

4163

NT$119.50

INTAI Technology

7D

-2.4%

1Y

-8.4%

4188

NT$27.15

AmCad BioMed

7D

10.6%

1Y

62.6%

6767

NT$38.75

Wiltrom

7D

-4.2%

1Y

-6.9%