Header cover image

Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedAug 12, 2024
DataAggregated Company Financials
Companies58
  • 7D-0.9%
  • 3M1.9%
  • 1Y15.5%
  • YTD8.9%

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
Mon, 12 Aug 2024NT$237.0bNT$63.8bNT$6.1b20.8x39.1x3.7x
Wed, 10 Jul 2024NT$246.1bNT$63.5bNT$5.8b22x42.7x3.9x
Fri, 07 Jun 2024NT$236.1bNT$63.5bNT$5.8b21.9x41x3.7x
Sun, 05 May 2024NT$230.6bNT$63.4bNT$5.7b25x40.8x3.6x
Tue, 02 Apr 2024NT$232.0bNT$63.8bNT$5.5b23.2x41.9x3.6x
Thu, 29 Feb 2024NT$218.8bNT$62.5bNT$5.6b27.1x39.2x3.5x
Sat, 27 Jan 2024NT$210.3bNT$62.2bNT$5.5b27x38.5x3.4x
Mon, 25 Dec 2023NT$206.2bNT$62.2bNT$5.5b26.3x37.7x3.3x
Wed, 22 Nov 2023NT$198.7bNT$62.5bNT$5.6b26.9x35.2x3.2x
Fri, 20 Oct 2023NT$188.3bNT$64.2bNT$6.7b24.5x28.3x2.9x
Sun, 17 Sep 2023NT$191.2bNT$64.2bNT$6.6b26x29x3x
Tue, 15 Aug 2023NT$189.5bNT$64.2bNT$6.4b25.1x29.5x3x
Thu, 13 Jul 2023NT$202.9bNT$67.6bNT$9.2b25.3x22.1x3x
Sat, 10 Jun 2023NT$201.3bNT$67.6bNT$9.2b24.7x21.9x3x
Mon, 08 May 2023NT$209.3bNT$68.1bNT$10.0b22.2x20.9x3.1x
Wed, 05 Apr 2023NT$201.7bNT$68.1bNT$10.1b20x20x3x
Fri, 03 Mar 2023NT$211.4bNT$67.2bNT$10.3b20x20.5x3.1x
Sun, 29 Jan 2023NT$192.9bNT$66.9bNT$10.2b19x18.9x2.9x
Tue, 27 Dec 2022NT$187.8bNT$66.9bNT$10.2b18.8x18.4x2.8x
Thu, 24 Nov 2022NT$174.1bNT$66.8bNT$10.2b16.5x17.1x2.6x
Sat, 22 Oct 2022NT$155.4bNT$65.1bNT$9.3b17x16.6x2.4x
Mon, 19 Sep 2022NT$185.4bNT$65.1bNT$9.3b20.9x19.8x2.8x
Wed, 17 Aug 2022NT$186.2bNT$65.0bNT$9.3b18.8x20.1x2.9x
Fri, 15 Jul 2022NT$173.8bNT$61.2bNT$7.7b19.5x22.6x2.8x
Sun, 12 Jun 2022NT$208.0bNT$70.1bNT$8.6b21.3x24.1x3x
Tue, 10 May 2022NT$208.9bNT$70.6bNT$8.7b20.8x24x3x
Thu, 07 Apr 2022NT$214.2bNT$69.3bNT$8.2b23.1x26.2x3.1x
Sat, 05 Mar 2022NT$206.2bNT$70.8bNT$8.8b24.1x23.4x2.9x
Mon, 31 Jan 2022NT$205.2bNT$70.7bNT$8.8b24.6x23.4x2.9x
Wed, 29 Dec 2021NT$211.4bNT$70.7bNT$8.8b26x24.1x3x
Fri, 26 Nov 2021NT$203.8bNT$70.7bNT$8.8b26.1x23.2x2.9x
Sun, 24 Oct 2021NT$185.3bNT$69.1bNT$8.9b22.2x20.8x2.7x
Tue, 21 Sep 2021NT$201.4bNT$69.1bNT$8.9b22.8x22.6x2.9x
Thu, 19 Aug 2021NT$196.3bNT$69.1bNT$8.9b22.7x22.1x2.8x
Price to Earnings Ratio

22.1x


Total Market Cap: NT$196.3bTotal 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 2.4% 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 Market-0.91%
Healthcare-1.86%
Medical Equipment-0.91%
Medical Equipment1.12%
Medical Supplies-2.64%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio of 68.4x.
    • 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$203.5014.6%
+NT$3.2b		825.0%PS80.5x
4129 United OrthopedicNT$100.0015.9%
+NT$1.3b		51.5%PE23.7x
6762 Delta Asia InternationalNT$260.006.5%
+NT$486.7m		11.6%PE169.9x
1786 SciVision BiotechNT$111.004.7%
+NT$341.4m		38.4%PE35.5x
6747 Brighten OptixNT$149.503.5%
+NT$136.0m		-14.7%PE20.8x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

4155

NT$23.70

OK Biotech

7D

-7.4%

1Y

-20.2%

6782

NT$208.50

Visco Vision

7D

-13.8%

1Y

24.1%

Visco Vision Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 11
Visco Vision Inc. Just Missed Earnings - But Analysts Have Updated Their Models

1786

NT$111.00

SciVision Biotech

7D

4.7%

1Y

38.4%

4129

NT$100.00

United Orthopedic

7D

15.9%

1Y

51.5%

4126

NT$86.50

Pacific Hospital Supply

7D

1.4%

1Y

5.9%

4106

NT$25.40

Wellell

7D

-7.1%

1Y

-10.1%

6491

NT$416.00

Pegavision

7D

-2.3%

1Y

21.1%

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

4737

NT$64.00

Bionime

7D

-5.9%

1Y

-12.4%

6762

NT$260.00

Delta Asia International

7D

6.5%

1Y

11.6%

1799

NT$203.50

Easywell Biomedicals

7D

14.6%

1Y

825.0%

4771

NT$225.50

Vizionfocus

7D

-6.4%

1Y

1.1%

6499

NT$42.90

Medeon Biodesign

7D

-5.4%

1Y

-16.3%

6598

NT$23.25

Applied BioCode

7D

-12.8%

1Y

-5.3%

6747

NT$149.50

Brighten Optix

7D

3.5%

1Y

-14.7%

3184

NT$13.95

MicroBase Technology

7D

6.1%

1Y

-2.4%

6850

NT$55.80

BiOptic

7D

3.9%

1Y

16.9%