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Taiwanese (TAIEX) Industrials Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies358
- 7D2.0%
- 3M-2.2%
- 1Y21.3%
- YTD-2.7%
Over the last 7 days, the Industrials industry has remained flat, although notably Airtac International Group gained 6.2%. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are expected to grow by 6.9% per annum.
Sector Valuation and Performance
Has the Taiwanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | NT$5.9t | NT$3.8t | NT$428.0b | 18.6x | 13.9x | 1.6x |
| Thu, 19 Dec 2024 | NT$6.1t | NT$2.0t | NT$143.5b | 19.7x | 42.2x | 3x |
| Sat, 16 Nov 2024 | NT$6.0t | NT$3.8t | NT$420.7b | 18.8x | 14.3x | 1.6x |
| Mon, 14 Oct 2024 | NT$5.8t | NT$3.6t | NT$338.3b | 19.5x | 17.2x | 1.6x |
| Wed, 11 Sep 2024 | NT$5.5t | NT$3.6t | NT$338.1b | 18.7x | 16.3x | 1.5x |
| Fri, 09 Aug 2024 | NT$5.4t | NT$3.5t | NT$274.4b | 19.4x | 19.8x | 1.6x |
| Sun, 07 Jul 2024 | NT$6.2t | NT$3.5t | NT$271.6b | 21.3x | 22.8x | 1.8x |
| Tue, 04 Jun 2024 | NT$5.9t | NT$3.5t | NT$269.2b | 20.1x | 21.8x | 1.7x |
| Thu, 02 May 2024 | NT$5.7t | NT$3.4t | NT$233.9b | 21.9x | 24.2x | 1.7x |
| Sat, 30 Mar 2024 | NT$5.4t | NT$3.4t | NT$231.6b | 20.1x | 23.3x | 1.6x |
| Mon, 26 Feb 2024 | NT$5.0t | NT$3.4t | NT$263.8b | 19.2x | 18.9x | 1.5x |
| Wed, 24 Jan 2024 | NT$4.7t | NT$3.4t | NT$262.1b | 17.8x | 17.9x | 1.4x |
| Fri, 22 Dec 2023 | NT$4.8t | NT$3.4t | NT$262.0b | 18.1x | 18.3x | 1.4x |
| Sun, 19 Nov 2023 | NT$4.5t | NT$3.4t | NT$269.4b | 17.6x | 16.6x | 1.3x |
| Tue, 17 Oct 2023 | NT$4.4t | NT$3.6t | NT$415.8b | 16.6x | 10.6x | 1.2x |
| Thu, 14 Sep 2023 | NT$4.4t | NT$3.6t | NT$415.9b | 16.7x | 10.6x | 1.2x |
| Sat, 12 Aug 2023 | NT$4.5t | NT$3.8t | NT$605.0b | 15.8x | 7.4x | 1.2x |
| Mon, 10 Jul 2023 | NT$4.7t | NT$3.8t | NT$601.6b | 16.4x | 7.8x | 1.2x |
| Wed, 07 Jun 2023 | NT$4.7t | NT$3.8t | NT$604.7b | 15.8x | 7.8x | 1.2x |
| Fri, 05 May 2023 | NT$4.5t | NT$4.0t | NT$809.6b | 14.1x | 5.5x | 1.1x |
| Sun, 02 Apr 2023 | NT$4.4t | NT$4.0t | NT$810.0b | 14x | 5.5x | 1.1x |
| Tue, 28 Feb 2023 | NT$4.4t | NT$4.1t | NT$969.1b | 12.9x | 4.6x | 1.1x |
| Thu, 26 Jan 2023 | NT$4.1t | NT$4.1t | NT$974.2b | 12.3x | 4.2x | 1x |
| Sat, 24 Dec 2022 | NT$4.1t | NT$4.1t | NT$974.2b | 11.9x | 4.2x | 1x |
| Mon, 21 Nov 2022 | NT$3.8t | NT$4.1t | NT$973.7b | 11.5x | 3.9x | 0.9x |
| Wed, 19 Oct 2022 | NT$3.7t | NT$4.0t | NT$956.7b | 12.7x | 3.8x | 0.9x |
| Fri, 16 Sep 2022 | NT$4.2t | NT$4.0t | NT$960.5b | 13.8x | 4.4x | 1x |
| Sun, 14 Aug 2022 | NT$4.4t | NT$3.9t | NT$933.8b | 14x | 4.7x | 1.1x |
| Tue, 12 Jul 2022 | NT$4.3t | NT$3.8t | NT$860.1b | 13.5x | 5x | 1.1x |
| Thu, 09 Jun 2022 | NT$5.1t | NT$3.8t | NT$859.9b | 14.3x | 5.9x | 1.3x |
| Sat, 07 May 2022 | NT$5.0t | NT$3.5t | NT$714.9b | 15.1x | 7.1x | 1.4x |
| Mon, 04 Apr 2022 | NT$5.0t | NT$3.5t | NT$711.4b | 16.3x | 7.1x | 1.4x |
| Wed, 02 Mar 2022 | NT$5.2t | NT$3.2t | NT$542.5b | 16x | 9.5x | 1.6x |
| Fri, 28 Jan 2022 | NT$4.5t | NT$3.2t | NT$536.6b | 15.6x | 8.4x | 1.4x |
Price to Earnings Ratio
8.4x
Current Industry PE
- Investors are optimistic on the Taiwanese Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.8x which is higher than its 3-year average PE of 11.4x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 7.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.3% per year.
- This means that although more sales are being generated, 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 Industrials sector?
| TW Market | 3.46% | |
| Industrials | 1.96% | |
| Building | 5.75% | |
| Construction | 4.97% | |
| Aerospace & Defense | 4.88% | |
| Infrastructure | 3.67% | |
| Machinery | 3.47% | |
| Industrials | 2.82% | |
| Electrical | 2.51% | |
| Airlines | 2.04% | |
| Professional Services | 1.80% | |
| Commercial Services | 1.70% | |
| Trade Distributors | 1.54% | |
| Transportation | 1.27% | |
| Logistics | 0.36% | |
| Marine and Shipping | -3.04% | |
Industry PE
- Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 279x.
- Analysts are expecting annual earnings growth of 105.0%, which is higher than its past year's earnings growth of 7.4% per year.
- Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 6.1x.
Forecasted Growth
- Analysts are most optimistic on the Building industry, expecting annual earnings growth of 105% over the next 5 years.
- This is better than its past earnings growth rate of 7.4% per year.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6409 Voltronic Power Technology | NT$1.89k | 7.7% +NT$11.8b | 36.5% | PE39.9x | |
| 6781 Advanced Energy Solution Holding | NT$1.24k | 11.7% +NT$11.1b | 88.7% | PE55.4x | |
| 1519 Fortune Electric | NT$521.00 | 6.8% +NT$9.5b | 48.9% | PE39x | |
| 1605 Walsin Lihwa | NT$24.25 | 7.8% +NT$7.1b | -33.0% | PE28.7x | |
| 5536 Acter Group | NT$449.50 | 11.8% +NT$5.9b | 159.1% | PE25.2x |
