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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies343
  • 7D-1.4%
  • 3M18.1%
  • 1Y14.6%
  • YTD12.9%

In the last week, the Industrials industry is up 2.6%, with Allis ElectricLtd leading the way with a 30% gain. During this same period, the Shihlin Electric & Engineering underperformed, falling 11%. This means that the industry has gained 16% over the past year. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024NT$5.6tNT$3.4tNT$234.3b21.2x23.9x1.6x
Fri, 15 Mar 2024NT$5.2tNT$3.4tNT$267.7b19x19.5x1.5x
Sun, 11 Feb 2024NT$4.8tNT$3.4tNT$262.2b18x18.1x1.4x
Tue, 09 Jan 2024NT$4.8tNT$3.4tNT$262.0b18.2x18.4x1.4x
Thu, 07 Dec 2023NT$4.6tNT$3.4tNT$261.5b18.4x17.7x1.4x
Sat, 04 Nov 2023NT$4.3tNT$3.6tNT$415.6b16.4x10.4x1.2x
Mon, 02 Oct 2023NT$4.4tNT$3.6tNT$416.0b16.7x10.7x1.2x
Wed, 30 Aug 2023NT$4.4tNT$3.6tNT$418.4b16.7x10.5x1.2x
Fri, 28 Jul 2023NT$4.6tNT$3.8tNT$601.1b16.3x7.6x1.2x
Sun, 25 Jun 2023NT$4.9tNT$3.8tNT$603.4b16.5x8.1x1.3x
Tue, 23 May 2023NT$4.6tNT$3.8tNT$655.6b14.3x7x1.2x
Thu, 20 Apr 2023NT$4.6tNT$4.0tNT$811.0b14.3x5.7x1.2x
Sat, 18 Mar 2023NT$4.4tNT$4.0tNT$820.3b13x5.3x1.1x
Mon, 13 Feb 2023NT$4.2tNT$4.1tNT$974.1b12.6x4.3x1x
Wed, 11 Jan 2023NT$4.1tNT$4.1tNT$974.2b12.1x4.2x1x
Fri, 09 Dec 2022NT$4.0tNT$4.1tNT$974.1b12.1x4.1x1x
Sun, 06 Nov 2022NT$3.7tNT$4.0tNT$957.5b12.4x3.9x0.9x
Tue, 04 Oct 2022NT$3.8tNT$4.0tNT$956.5b12.9x4x0.9x
Thu, 01 Sep 2022NT$4.3tNT$4.0tNT$959.7b13.8x4.5x1.1x
Sat, 30 Jul 2022NT$4.3tNT$3.8tNT$860.7b13.9x5x1.2x
Mon, 27 Jun 2022NT$4.4tNT$3.8tNT$860.1b13.8x5.1x1.2x
Wed, 25 May 2022NT$4.9tNT$3.8tNT$859.6b14x5.7x1.3x
Fri, 22 Apr 2022NT$5.1tNT$3.5tNT$711.5b15.9x7.2x1.5x
Sun, 20 Mar 2022NT$5.1tNT$3.5tNT$700.0b16.1x7.2x1.5x
Tue, 15 Feb 2022NT$4.8tNT$3.2tNT$536.4b15.9x9x1.5x
Thu, 13 Jan 2022NT$4.9tNT$3.2tNT$536.6b16x9.1x1.5x
Sat, 11 Dec 2021NT$5.1tNT$3.2tNT$536.5b15.9x9.4x1.6x
Mon, 08 Nov 2021NT$4.6tNT$3.0tNT$444.6b16.2x10.4x1.5x
Wed, 06 Oct 2021NT$4.3tNT$2.9tNT$358.9b15.9x12.1x1.5x
Fri, 03 Sep 2021NT$4.7tNT$2.9tNT$358.1b16x13.2x1.6x
Sun, 01 Aug 2021NT$4.8tNT$2.9tNT$358.1b16.5x13.4x1.7x
Wed, 05 May 2021NT$4.2tNT$2.6tNT$254.8b17.7x16.4x1.6x
Price to Earnings Ratio

16.4x


Total Market Cap: NT$4.2tTotal Earnings: NT$254.8bTotal Revenue: NT$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Industrials Sector Price to Earnings3Y Average 9.9x202220232024
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 23.9x which is higher than its 3-year average PE of 9.9x.
  • 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 2.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.9% 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-3.71%
Industrials-1.43%
Commercial Services0.91%
Trade Distributors0.31%
Electrical0.059%
Marine and Shipping-0.38%
Construction-0.60%
Professional Services-0.91%
Aerospace & Defense-1.08%
Airlines-1.73%
Infrastructure-2.30%
Logistics-2.56%
Transportation-2.60%
Industrials-3.04%
Building-3.43%
Machinery-4.81%
Industry PE
  • Investors are most optimistic about the Electrical industry which is trading above its 3-year average PE ratio of 19.6x.
    • Analysts are expecting annual earnings growth of 30.2%, which is higher than its past year's earnings decline of 21.7% per year.
  • Investors are most pessimistic about the Airlines industry, which is trading below its 3-year average of 54.4x.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the Airlines industry is expected to see its earnings decline by 48% 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$950.0010.9%
+NT$24.3b
859.6%PE96.2x
2371 TatungNT$64.3015.6%
+NT$20.1b
95.4%PE56.7x
1513 Chung-Hsin Electric and Machinery ManufacturingNT$209.5014.5%
+NT$13.1b
94.0%PE65.3x
1503 Shihlin Electric & EngineeringNT$337.506.8%
+NT$11.2b
245.1%PE74.9x
1609 Ta Ya Electric Wire & CableNT$58.9026.1%
+NT$11.1b
109.4%PE16.4x
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Latest News

1519

NT$950.00

Fortune Electric

7D

10.9%

1Y

859.6%

1609

NT$58.90

Ta Ya Electric Wire & Cable

7D

26.1%

1Y

109.4%

6139

NT$341.00

L&K Engineering

7D

12.5%

1Y

630.2%

3376

NT$159.50

Shin Zu Shing

7D

-9.9%

1Y

79.2%

2615

NT$42.80

Wan Hai Lines

7D

-3.8%

1Y

-37.1%

2371

NT$64.30

Tatung

7D

15.6%

1Y

95.4%