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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies382
  • 7D-2.1%
  • 3M4.6%
  • 1Y8.9%
  • YTD3.0%

Over the last 7 days, the Industrials industry has dropped 2.1%, driven by a pullback from BizLink Holding of 10%. Meanwhile, Kaori Heat Treatment actually outperformed within the industry, gaining 16% in the last week. Over the past 12 months, the industry was up 8.9%. As for the next few years, earnings are expected to grow by 15% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026NT$6.8tNT$3.9tNT$367.9b21.1x18.5x1.7x
Wed, 11 Feb 2026NT$6.8tNT$3.9tNT$386.1b21.5x17.7x1.7x
Fri, 09 Jan 2026NT$6.6tNT$3.9tNT$385.7b22.6x17.1x1.7x
Sun, 07 Dec 2025NT$6.4tNT$3.9tNT$385.2b21.2x16.5x1.6x
Tue, 04 Nov 2025NT$6.5tNT$4.0tNT$452.4b22.3x14.4x1.6x
Thu, 02 Oct 2025NT$6.2tNT$4.0tNT$452.2b21.5x13.6x1.5x
Sat, 30 Aug 2025NT$6.4tNT$4.0tNT$451.8b21.9x14.2x1.6x
Mon, 28 Jul 2025NT$5.9tNT$4.0tNT$515.2b17.3x11.5x1.5x
Wed, 25 Jun 2025NT$5.9tNT$4.0tNT$515.2b17.3x11.4x1.5x
Fri, 23 May 2025NT$6.1tNT$4.0tNT$515.1b17.5x11.8x1.5x
Sun, 20 Apr 2025NT$5.4tNT$3.9tNT$506.1b16.5x10.6x1.4x
Tue, 18 Mar 2025NT$6.1tNT$3.9tNT$476.0b19.5x12.8x1.6x
Thu, 13 Feb 2025NT$6.0tNT$3.8tNT$428.2b19.4x14.1x1.6x
Sat, 11 Jan 2025NT$6.0tNT$3.8tNT$427.9b18.9x13.9x1.6x
Mon, 09 Dec 2024NT$6.1tNT$3.8tNT$425.7b19.5x14.3x1.6x
Wed, 06 Nov 2024NT$6.0tNT$3.6tNT$338.1b19.2x17.8x1.7x
Fri, 04 Oct 2024NT$6.1tNT$3.6tNT$338.0b19.4x17.9x1.7x
Sun, 01 Sep 2024NT$5.9tNT$3.6tNT$338.1b19.7x17.4x1.6x
Tue, 30 Jul 2024NT$5.7tNT$3.5tNT$272.2b19.9x20.9x1.6x
Thu, 27 Jun 2024NT$6.1tNT$3.5tNT$270.5b20.9x22.6x1.8x
Sat, 25 May 2024NT$5.8tNT$3.5tNT$269.0b20.6x21.5x1.7x
Mon, 22 Apr 2024NT$5.5tNT$3.4tNT$234.0b21.3x23.7x1.6x
Wed, 20 Mar 2024NT$5.2tNT$3.4tNT$230.2b19.2x22.8x1.5x
Fri, 16 Feb 2024NT$4.8tNT$3.4tNT$262.2b18.4x18.2x1.4x
Sun, 14 Jan 2024NT$4.7tNT$3.4tNT$262.0b18x18.1x1.4x
Tue, 12 Dec 2023NT$4.7tNT$3.4tNT$261.8b18x17.8x1.4x
Thu, 09 Nov 2023NT$4.3tNT$3.6tNT$407.7b16.8x10.7x1.2x
Sat, 07 Oct 2023NT$4.4tNT$3.6tNT$415.9b16.7x10.6x1.2x
Mon, 04 Sep 2023NT$4.4tNT$3.6tNT$416.8b17x10.6x1.2x
Wed, 02 Aug 2023NT$4.6tNT$3.8tNT$601.1b16.2x7.6x1.2x
Fri, 30 Jun 2023NT$4.8tNT$3.8tNT$603.5b16.2x8x1.3x
Sun, 28 May 2023NT$4.6tNT$3.8tNT$607.8b14.4x7.5x1.2x
Tue, 25 Apr 2023NT$4.5tNT$4.0tNT$810.6b14x5.5x1.1x
Thu, 23 Mar 2023NT$4.4tNT$4.0tNT$816.7b13.2x5.4x1.1x
Price to Earnings Ratio

5.4x


Total Market Cap: NT$4.4tTotal Earnings: NT$816.7bTotal Revenue: NT$4.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Industrials Sector Price to Earnings3Y Average 14.7x202420252026
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 18.5x which is higher than its 3-year average PE of 14.7x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 23% 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 Trends

Which industries have driven the changes within the Taiwanese Industrials sector?

TW Market-0.36%
Industrials-2.15%
Transportation2.93%
Trade Distributors1.79%
Professional Services0.92%
Machinery0.72%
Commercial Services-0.10%
Logistics-1.03%
Airlines-1.83%
Building-1.83%
Marine and Shipping-1.88%
Construction-2.31%
Infrastructure-2.95%
Aerospace & Defense-3.87%
Electrical-4.68%
Industrials-6.67%
Industry PE
  • Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 308x.
    • Analysts are expecting annual earnings growth of 56.3%, which is higher than its past year's earnings decline of 21.4% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the Building industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Trade Distributors industry is expected to see its earnings decline by 79% 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
1802 Taiwan Glass IndNT$61.7016.0%
+NT$24.7b
251.6%PS4.3x
8996 Kaori Heat TreatmentNT$925.0032.1%
+NT$20.6b
216.2%PE140.2x
2603 Evergreen Marine Corporation (Taiwan)NT$218.503.8%
+NT$17.3b
-5.2%PE6.9x
6139 L&K EngineeringNT$570.0014.0%
+NT$16.4b
116.7%PE18.6x
2618 EVA AirwaysNT$34.807.1%
+NT$12.4b
-18.2%PE7.2x

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