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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies314
  • 7D6.0%
  • 3M3.6%
  • 1Y67.9%
  • YTD51.2%

Over the last 7 days, the Industrials industry has risen 3.7%, driven by gains from Evergreen Marine Corporation (Taiwan) of 18%. Meanwhile, Voltronic Power Technology actually underperformed within the industry, shrinking 6.9% in the last week. This takes the industry's 12 month performance to a gain of 64%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 07 Dec 2021NT$4.9tNT$3.2tNT$536.5b15.7x
Thu, 04 Nov 2021NT$4.6tNT$2.9tNT$361.7b15.8x
Sat, 02 Oct 2021NT$4.5tNT$2.9tNT$358.8b15.9x
Mon, 30 Aug 2021NT$4.9tNT$2.9tNT$358.1b15.6x
Tue, 06 Jul 2021NT$5.8tNT$2.9tNT$358.1b16.7x
Fri, 09 Apr 2021NT$3.4tNT$2.6tNT$254.8b16.5x
Thu, 31 Dec 2020NT$3.0tNT$2.5tNT$152.5b16.7x
Sun, 04 Oct 2020NT$2.4tNT$2.4tNT$110.8b16.8x
Wed, 08 Jul 2020NT$2.3tNT$2.5tNT$97.8b16.5x
Tue, 31 Mar 2020NT$1.9tNT$2.6tNT$83.4b14x
Fri, 03 Jan 2020NT$2.4tNT$2.7tNT$107.2b16.1x
Mon, 07 Oct 2019NT$2.3tNT$2.7tNT$102.5b15.2x
Sun, 30 Jun 2019NT$2.4tNT$2.7tNT$107.6b15.2x
Wed, 03 Apr 2019NT$2.3tNT$2.7tNT$117.2b15.4x
Sat, 05 Jan 2019NT$2.1tNT$2.7tNT$113.0b14.2x
PE Ratio

14.2x

Total Market Cap: NT$2.1tTotal Earnings: NT$113.0bTotal Revenue: NT$2.7t0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.9x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Industrials industry have grown 68% per year over the last three years, and revenues for these companies have grown 5.3% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

Marine and Shipping15.11%
Airlines8.40%
Logistics2.98%
Building2.50%
Transportation2.20%
Aerospace & Defense1.89%
Machinery1.80%
Industrials1.60%
Trade Distributors1.46%
Professional Services1.39%
Infrastructure1.04%
Commercial Services0.94%
Construction0.44%
Electrical-1.17%

Industry PE: Investors are most optimistic about the Aerospace & Defense industry, which is trading close to its 3-year average PE ratio of 62.2x. This is likely because analysts are expecting annual earnings growth of 76%, which is higher than its past year's earnings decline of 32% per year. Meanwhile, investors are most pessimistic about the Transportation industry, which is trading below its 3-year average of 18.2x.

Forecasted Growth: Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 89% over the next 5 years. Meanwhile, the Marine and Shipping industry is expected to see its earnings decline by 27% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
2603 Evergreen Marine Corporation (Taiwan)15.7%+NT$103.2b440.3%PE4.4x
2615 Wan Hai Lines23.6%+NT$89.1b407.5%PE6.1x
2609 Yang Ming Marine Transport10.0%+NT$40.2b778.5%PE3.7x
2618 EVA Airways7.9%+NT$10.7b108.2%PS1.6x
2610 China Airlines5.2%+NT$7.9b164.2%PE43.3x
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2371

NT$34.45

Tatung

7D

-1.7%

1Y

56.9%