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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies354
  • 7D1.1%
  • 3M3.0%
  • 1Y29.4%
  • YTD19.7%

Over the last 7 days, the Industrials industry has risen 1.1%, driven by gains from Evergreen Marine Corporation (Taiwan) of 6.4%. During this same period, the Fortune Electric underperformed, falling 11%. This takes the industry's 12 month performance to a gain of 30%. As for the next few years, earnings are expected to grow by 4.2% per annum.

Sector Valuation and Performance

Has the Taiwanese Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NT$6.1tNT$3.8tNT$425.4b19.3x14.3x1.6x
Sat, 19 Oct 2024NT$5.9tNT$3.6tNT$338.2b19.5x17.4x1.6x
Mon, 16 Sep 2024NT$5.7tNT$3.6tNT$338.1b19x16.9x1.6x
Wed, 14 Aug 2024NT$5.6tNT$3.5tNT$277.4b19.5x20.3x1.6x
Fri, 12 Jul 2024NT$6.1tNT$3.5tNT$271.6b21.1x22.4x1.7x
Sun, 09 Jun 2024NT$6.0tNT$3.5tNT$269.7b20.7x22.3x1.7x
Tue, 07 May 2024NT$5.6tNT$3.4tNT$233.1b21.8x24x1.7x
Thu, 04 Apr 2024NT$5.4tNT$3.4tNT$232.8b20.7x23.2x1.6x
Sat, 02 Mar 2024NT$5.1tNT$3.4tNT$263.2b19.3x19.5x1.5x
Mon, 29 Jan 2024NT$4.7tNT$3.4tNT$262.1b17.9x17.8x1.4x
Wed, 27 Dec 2023NT$4.7tNT$3.4tNT$262.0b17.9x18.1x1.4x
Fri, 24 Nov 2023NT$4.5tNT$3.4tNT$268.4b17.6x16.7x1.3x
Sun, 22 Oct 2023NT$4.2tNT$3.6tNT$415.9b16.4x10.2x1.2x
Tue, 19 Sep 2023NT$4.5tNT$3.6tNT$415.9b16.8x10.7x1.2x
Thu, 17 Aug 2023NT$4.4tNT$3.6tNT$422.6b16.8x10.3x1.2x
Sat, 15 Jul 2023NT$4.6tNT$3.8tNT$601.7b16.5x7.6x1.2x
Mon, 12 Jun 2023NT$4.7tNT$3.8tNT$603.1b15.9x7.9x1.3x
Wed, 10 May 2023NT$4.4tNT$4.0tNT$808.2b14.1x5.5x1.1x
Fri, 07 Apr 2023NT$4.4tNT$4.0tNT$809.7b13.8x5.5x1.1x
Sun, 05 Mar 2023NT$4.5tNT$4.1tNT$969.6b13.1x4.6x1.1x
Tue, 31 Jan 2023NT$4.1tNT$4.1tNT$974.1b12.4x4.2x1x
Thu, 29 Dec 2022NT$4.0tNT$4.1tNT$974.2b11.9x4.1x1x
Sat, 26 Nov 2022NT$4.0tNT$4.1tNT$973.9b11.6x4.1x1x
Mon, 24 Oct 2022NT$3.6tNT$4.0tNT$956.8b12.4x3.7x0.9x
Wed, 21 Sep 2022NT$4.1tNT$4.0tNT$960.6b13.8x4.3x1x
Fri, 19 Aug 2022NT$4.4tNT$4.0tNT$957.0b13.7x4.6x1.1x
Sun, 17 Jul 2022NT$4.2tNT$3.8tNT$860.2b13.5x4.9x1.1x
Tue, 14 Jun 2022NT$4.9tNT$3.8tNT$860.0b14x5.6x1.3x
Thu, 12 May 2022NT$4.9tNT$3.6tNT$788.3b14.7x6.2x1.3x
Sat, 09 Apr 2022NT$5.0tNT$3.5tNT$711.5b16x7x1.4x
Mon, 07 Mar 2022NT$5.2tNT$3.2tNT$542.9b16.2x9.6x1.6x
Wed, 02 Feb 2022NT$4.5tNT$3.2tNT$536.6b15.6x8.4x1.4x
Fri, 31 Dec 2021NT$5.1tNT$3.2tNT$536.6b16.2x9.6x1.6x
Sun, 28 Nov 2021NT$4.6tNT$3.2tNT$536.5b15.6x8.7x1.5x
Price to Earnings Ratio

8.7x


Total Market Cap: NT$4.6tTotal Earnings: NT$536.5bTotal Revenue: NT$3.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Industrials Sector Price to Earnings3Y Average 11.1x202220232024
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 14.3x which is higher than its 3-year average PE of 11.1x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% 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-0.79%
Industrials1.05%
Industrials5.92%
Marine and Shipping5.40%
Airlines3.76%
Infrastructure1.17%
Construction0.64%
Logistics0.49%
Commercial Services0.035%
Trade Distributors-0.25%
Electrical-0.26%
Transportation-0.43%
Building-1.43%
Machinery-2.10%
Aerospace & Defense-2.20%
Professional Services-3.87%
Industry PE
  • Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 277x.
    • Analysts are expecting annual earnings growth of 103.9%, 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 close to its 3-year average of 5.6x.
Forecasted Growth
  • Analysts are most optimistic on the Building industry, expecting annual earnings growth of 104% 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 21% 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
2603 Evergreen Marine Corporation (Taiwan)NT$239.008.6%
+NT$41.0b
113.4%PE4.6x
2609 Yang Ming Marine TransportNT$79.3012.0%
+NT$29.7b
90.9%PE5.5x
2615 Wan Hai LinesNT$95.806.7%
+NT$16.8b
109.4%PE8.7x
1402 Far Eastern New CenturyNT$37.807.4%
+NT$13.9b
23.3%PE21.2x
3665 Bizlink HoldingNT$642.0011.8%
+NT$12.5b
137.3%PE35.2x
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1503

NT$198.50

Shihlin Electric & Engineering

7D

-2.7%

1Y

96.5%

6781

NT$848.00

Advanced Energy Solution Holding

7D

13.2%

1Y

18.9%

1402

NT$37.80

Far Eastern New Century

7D

7.4%

1Y

23.3%

1590

NT$829.00

Airtac International Group

7D

-3.5%

1Y

-23.9%

2615

NT$95.80

Wan Hai Lines

7D

6.7%

1Y

109.4%

2609

NT$79.30

Yang Ming Marine Transport

7D

12.0%

1Y

90.9%

1519

NT$555.00

Fortune Electric

7D

-11.9%

1Y

141.8%

2543

NT$81.50

Hwang Chang General Contractor

7D

-3.0%

1Y

254.3%

6146

NT$203.50

Sporton International

7D

-4.7%

1Y

-12.7%

2404

NT$412.00

United Integrated Services

7D

9.0%

1Y

69.5%

1560

NT$298.50

Kinik

7D

-5.4%

1Y

61.4%

4583

NT$727.00

Apex Dynamics

7D

-7.0%

1Y

229.7%

4585

NT$365.00

Techman Robot

7D

-6.0%

1Y

n/a