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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedAug 13, 2024
DataAggregated Company Financials
Companies58
  • 7D6.6%
  • 3M2.1%
  • 1Y19.2%
  • YTD9.8%

The Medical Equipment is pretty flat in the last 7 days, but Easywell Biomedicals has stood out, gaining 15%. The past year has been better, since the industry has gained 16% in that time. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Aug 2024NT$239.0bNT$63.8bNT$6.1b20.8x39.4x3.7x
Thu, 11 Jul 2024NT$248.7bNT$63.5bNT$5.8b22x43.2x3.9x
Sat, 08 Jun 2024NT$236.3bNT$63.5bNT$5.8b22x41x3.7x
Mon, 06 May 2024NT$230.6bNT$63.4bNT$5.6b25x40.8x3.6x
Wed, 03 Apr 2024NT$232.7bNT$63.1bNT$5.3b23.2x44.2x3.7x
Fri, 01 Mar 2024NT$219.4bNT$62.5bNT$5.6b27.5x39.3x3.5x
Sun, 28 Jan 2024NT$210.3bNT$62.2bNT$5.5b27x38.5x3.4x
Tue, 26 Dec 2023NT$206.0bNT$62.2bNT$5.5b27x37.7x3.3x
Thu, 23 Nov 2023NT$199.2bNT$62.3bNT$5.6b26.7x35.7x3.2x
Sat, 21 Oct 2023NT$187.7bNT$64.2bNT$6.7b24.2x28.2x2.9x
Mon, 18 Sep 2023NT$191.2bNT$64.2bNT$6.6b26x29x3x
Wed, 16 Aug 2023NT$190.7bNT$64.1bNT$6.4b25.5x29.7x3x
Fri, 14 Jul 2023NT$201.2bNT$67.6bNT$9.2b24.9x21.9x3x
Sun, 11 Jun 2023NT$201.3bNT$67.6bNT$9.2b24.7x21.9x3x
Tue, 09 May 2023NT$208.3bNT$68.1bNT$10.0b22.2x20.8x3.1x
Thu, 06 Apr 2023NT$201.7bNT$68.1bNT$10.1b20x20x3x
Sat, 04 Mar 2023NT$211.4bNT$67.2bNT$10.3b20.1x20.5x3.1x
Mon, 30 Jan 2023NT$192.9bNT$66.9bNT$10.2b19x18.9x2.9x
Wed, 28 Dec 2022NT$189.6bNT$66.9bNT$10.2b18.9x18.6x2.8x
Fri, 25 Nov 2022NT$175.8bNT$66.8bNT$10.2b16.8x17.3x2.6x
Sun, 23 Oct 2022NT$155.4bNT$65.1bNT$9.3b17x16.6x2.4x
Tue, 20 Sep 2022NT$183.4bNT$65.1bNT$9.3b20.7x19.6x2.8x
Thu, 18 Aug 2022NT$186.9bNT$65.0bNT$9.3b18.9x20x2.9x
Sat, 16 Jul 2022NT$173.9bNT$61.2bNT$7.7b19.4x22.6x2.8x
Mon, 13 Jun 2022NT$208.1bNT$70.1bNT$8.6b21.3x24.1x3x
Wed, 11 May 2022NT$203.5bNT$70.6bNT$8.7b20.8x23.4x2.9x
Fri, 08 Apr 2022NT$215.3bNT$69.3bNT$8.2b23.2x26.3x3.1x
Sun, 06 Mar 2022NT$206.2bNT$70.8bNT$8.8b24.1x23.4x2.9x
Tue, 01 Feb 2022NT$205.2bNT$70.7bNT$8.8b24.6x23.4x2.9x
Thu, 30 Dec 2021NT$213.6bNT$70.7bNT$8.8b26x24.4x3x
Sat, 27 Nov 2021NT$203.0bNT$70.7bNT$8.8b25.9x23.1x2.9x
Mon, 25 Oct 2021NT$185.3bNT$69.1bNT$8.9b22.2x20.8x2.7x
Wed, 22 Sep 2021NT$201.4bNT$69.1bNT$8.9b22.8x22.6x2.9x
Fri, 20 Aug 2021NT$195.9bNT$69.1bNT$8.9b22.9x22x2.8x
Price to Earnings Ratio

22x


Total Market Cap: NT$195.9bTotal Earnings: NT$8.9bTotal Revenue: NT$69.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 26.8x202220232024
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 39.1x which is higher than its 3-year average PE of 26.8x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 12% per year over the last three years,
  • Revenues have also declined 2.6% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

TW Market9.56%
Healthcare7.74%
Medical Equipment6.63%
Medical Supplies7.58%
Medical Equipment5.55%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 68.7x.
    • 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 22.9x.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 11% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 16% 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
1799 Easywell BiomedicalsNT$198.0015.8%
+NT$3.3b		802.1%PS78.3x
6491 PegavisionNT$421.508.4%
+NT$2.5b		25.8%PE17x
4129 United OrthopedicNT$101.5017.6%
+NT$1.5b		53.8%PE24.1x
1786 SciVision BiotechNT$119.5017.2%
+NT$1.2b		49.7%PE38.2x
6762 Delta Asia InternationalNT$265.0015.8%
+NT$1.1b		15.0%PE173.1x
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Latest News

1786

NT$119.50

SciVision Biotech

7D

17.2%

1Y

49.7%

4129

NT$101.50

United Orthopedic

7D

17.6%

1Y

53.8%

1565

NT$179.50

St.Shine OpticalLtd

7D

7.2%

1Y

-15.1%

6491

NT$421.50

Pegavision

7D

8.4%

1Y

25.8%

Pegavision Corporation Just Missed Revenue By 6.6%: Here's What Analysts Think Will Happen Next

Aug 01
Pegavision Corporation Just Missed Revenue By 6.6%: Here's What Analysts Think Will Happen Next

6762

NT$265.00

Delta Asia International

7D

15.8%

1Y

15.0%

4107

NT$138.50

Bioteque

7D

11.7%

1Y

25.9%

1799

NT$198.00

Easywell Biomedicals

7D

15.8%

1Y

802.1%

4771

NT$228.50

Vizionfocus

7D

6.3%

1Y

4.3%

1813

NT$19.80

Polylite Taiwan

7D

-0.5%

1Y

3.1%

6847

NT$92.30

Puriblood Medical

7D

-0.2%

1Y

-23.4%

4115

NT$11.85

Sunder Biomedical Tech

7D

-1.3%

1Y

-28.0%

7726

NT$40.90

Carilex Medical

7D

-4.2%

1Y

n/a

6758

NT$43.15

A-SPINE Asia

7D

-2.2%

1Y

14.9%