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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedDec 15, 2025
DataAggregated Company Financials
Companies375
  • 7D2.0%
  • 3M2.0%
  • 1Y4.9%
  • YTD3.3%

Over the last 7 days, the Industrials industry has risen 2.0%, driven by gains in United Integrated Services and Fortune Electric of 19% and 13%, respectively. Meanwhile, Advanced Energy Solution Holding actually underperformed within the industry, shrinking 6.1% in the last week. This takes the industry's 12 month performance to a gain of 4.9%. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Dec 2025NT$6.5tNT$3.9tNT$385.2b21.8x16.9x1.7x
Wed, 12 Nov 2025NT$6.3tNT$4.0tNT$457.1b21.9x13.8x1.6x
Fri, 10 Oct 2025NT$6.2tNT$4.0tNT$452.2b22x13.8x1.6x
Sun, 07 Sep 2025NT$6.3tNT$4.0tNT$451.7b21.8x14x1.6x
Tue, 05 Aug 2025NT$6.0tNT$4.0tNT$515.1b17.7x11.6x1.5x
Thu, 03 Jul 2025NT$5.9tNT$4.0tNT$515.5b17.1x11.5x1.5x
Sat, 31 May 2025NT$6.0tNT$4.0tNT$515.2b17.3x11.6x1.5x
Mon, 28 Apr 2025NT$5.4tNT$3.9tNT$506.6b16.4x10.6x1.4x
Wed, 26 Mar 2025NT$6.1tNT$3.9tNT$490.1b18.7x12.5x1.6x
Fri, 21 Feb 2025NT$6.3tNT$3.8tNT$428.1b19.9x14.7x1.6x
Sun, 19 Jan 2025NT$5.9tNT$3.8tNT$428.0b18.4x13.8x1.5x
Tue, 17 Dec 2024NT$6.0tNT$2.0tNT$142.8b19.4x41.7x3x
Thu, 14 Nov 2024NT$6.0tNT$3.6tNT$334.7b19x17.9x1.7x
Sat, 12 Oct 2024NT$5.8tNT$3.6tNT$338.3b19.5x17.1x1.6x
Mon, 09 Sep 2024NT$5.6tNT$3.6tNT$338.1b19.2x16.6x1.6x
Wed, 07 Aug 2024NT$5.3tNT$3.5tNT$273.9b18.9x19.2x1.5x
Fri, 05 Jul 2024NT$6.2tNT$3.5tNT$271.6b20.9x22.9x1.8x
Sun, 02 Jun 2024NT$5.8tNT$3.5tNT$269.1b20.1x21.6x1.7x
Tue, 30 Apr 2024NT$5.7tNT$3.4tNT$233.7b21.8x24.4x1.7x
Thu, 28 Mar 2024NT$5.4tNT$3.4tNT$231.0b20.1x23.4x1.6x
Sat, 24 Feb 2024NT$5.0tNT$3.4tNT$263.5b19.2x19x1.5x
Mon, 22 Jan 2024NT$4.6tNT$3.4tNT$262.1b17.5x17.7x1.4x
Wed, 20 Dec 2023NT$4.7tNT$3.4tNT$261.7b18.1x18x1.4x
Fri, 17 Nov 2023NT$4.4tNT$3.4tNT$264.2b17.1x16.7x1.3x
Sun, 15 Oct 2023NT$4.4tNT$3.6tNT$415.8b16.6x10.6x1.2x
Tue, 12 Sep 2023NT$4.4tNT$3.6tNT$416.3b16.6x10.5x1.2x
Thu, 10 Aug 2023NT$4.5tNT$3.8tNT$600.2b16.1x7.6x1.2x
Sat, 08 Jul 2023NT$4.7tNT$3.8tNT$603.5b16.4x7.7x1.2x
Mon, 05 Jun 2023NT$4.7tNT$3.8tNT$603.4b15.8x7.8x1.2x
Wed, 03 May 2023NT$4.5tNT$4.0tNT$809.7b14x5.6x1.1x
Fri, 31 Mar 2023NT$4.4tNT$4.0tNT$811.8b14x5.4x1.1x
Sun, 26 Feb 2023NT$4.4tNT$4.1tNT$969.8b12.9x4.6x1.1x
Tue, 24 Jan 2023NT$4.1tNT$4.1tNT$974.2b12.3x4.2x1x
Thu, 22 Dec 2022NT$4.0tNT$4.1tNT$974.2b11.9x4.2x1x
Price to Earnings Ratio

4.2x


Total Market Cap: NT$4.0tTotal Earnings: NT$974.2bTotal Revenue: NT$4.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Industrials Sector Price to Earnings3Y Average 13.6x202320242025
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 16.9x which is higher than its 3-year average PE of 13.6x.
  • The 3-year average PS ratio of 1.4x 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 27% 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 Market0.86%
Industrials1.96%
Construction7.54%
Commercial Services6.22%
Airlines2.48%
Electrical2.30%
Machinery2.15%
Building0.47%
Professional Services0.11%
Logistics-0.32%
Infrastructure-0.77%
Transportation-1.01%
Marine and Shipping-1.84%
Trade Distributors-2.14%
Industrials-2.26%
Aerospace & Defense-2.65%
Industry PE
  • Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 295x.
    • Analysts are expecting annual earnings growth of 64.8%, which is higher than its past year's earnings decline of 22.5% per year.
  • Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 6.7x.
Forecasted Growth
  • Analysts are most optimistic on the Construction industry, expecting annual earnings growth of 126% over the next 5 years.
  • This is better than its past earnings growth rate of 28% per year.
  • In contrast, the Marine and Shipping industry is expected to see its earnings decline by 30% 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
1519 Fortune ElectricNT$800.0011.9%
+NT$26.8b		69.9%PE58.7x
6139 L&K EngineeringNT$591.0023.1%
+NT$25.9b		186.2%PE25.7x
2404 United Integrated ServicesNT$928.0014.6%
+NT$22.3b		100.6%PE20.8x
5536 Acter GroupNT$828.0015.3%
+NT$13.6b		134.2%PE31.4x
6691 Yankey EngineeringNT$637.0017.3%
+NT$11.3b		90.3%PE28.8x

Latest News

2371
NT$31.60
Tatung
7D
-2.3%
1Y
-33.3%
1590
NT$967.00
Airtac International Group
7D
5.5%
1Y
16.4%

1590: Operating Margins Will Approach 30% As Demand Visibility Strengthens

Analysts have modestly raised their price target for Airtac International Group to $1,109.56 from $1,091.32, reflecting slightly lower perceived risk and a marginally higher justified valuation multiple on steady growth and margin expectations. What's in the News Raised 2025 revenue growth guidance to the mid teens percentage range in renminbi terms, signaling stronger demand visibility and confidence in the order pipeline (Key Developments) Projected operating margin for 2025 to approach 30 percent, underscoring continued operating leverage and disciplined cost control (Key Developments) Valuation Changes The fair value estimate has risen slightly to NT$1,109.56 from NT$1,091.32, reflecting a modest upward revision in the intrinsic valuation.
2404
NT$928.00
United Integrated Services
7D
14.6%
1Y
100.6%
5536
NT$828.00
Acter Group
7D
15.3%
1Y
134.2%
6139
NT$591.00
L&K Engineering
7D
23.1%
1Y
186.2%
6691
NT$637.00
Yankey Engineering
7D
17.3%
1Y
90.3%
3665
NT$1,475.00
BizLink Holding
7D
-2.6%
1Y
118.4%

3665: Index Inclusion Will Drive Stronger Long Term Profitability Outlook

Analysts have raised their price target for BizLink Holding to $1,789.88 from $1,708.69, citing expectations of slightly stronger long term profitability and a modestly lower valuation multiple, despite marginally softer projected revenue growth. What's in the News BizLink Holding Inc.
1504
NT$84.30
TECO Electric & Machinery
7D
-4.9%
1Y
62.1%
6409
NT$1,000.00
Voltronic Power Technology
7D
-3.4%
1Y
-46.5%
9933
NT$32.00
CTCI
7D
-6.6%
1Y
-12.1%
2072
NT$221.00
Century Wind Power
7D
-3.9%
1Y
-25.7%
1519
NT$800.00
Fortune Electric
7D
11.9%
1Y
69.9%
4585
NT$320.00
Techman Robot
7D
-8.0%
1Y
-1.5%
2603
NT$184.00
Evergreen Marine Corporation (Taiwan)
7D
2.2%
1Y
-18.6%
1802
NT$35.90
Taiwan Glass Ind
7D
-6.0%
1Y
102.3%
2618
NT$35.70
EVA Airways
7D
4.1%
1Y
-18.4%