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Taiwanese (TAIEX) Industrials Sector Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies359
- 7D2.6%
- 3M1.5%
- 1Y19.3%
- YTD2.5%
In the last week, the Industrials industry is up 2.6%, with Fortune Electric up 21%. In the same time, Hwang Chang General Contractor was down 5.5%. This means that the industry has gained 19% over the past year. As for the next few years, earnings are expected to grow by 7.0% per annum.
Sector Valuation and Performance
Has the Taiwanese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | NT$6.3t | NT$3.8t | NT$428.1b | 19.9x | 14.7x | 1.6x |
| Sun, 19 Jan 2025 | NT$5.9t | NT$3.8t | NT$428.0b | 18.4x | 13.8x | 1.5x |
| Tue, 17 Dec 2024 | NT$6.0t | NT$2.0t | NT$142.8b | 19.4x | 41.7x | 3x |
| Thu, 14 Nov 2024 | NT$6.0t | NT$3.6t | NT$334.7b | 19x | 17.9x | 1.7x |
| Sat, 12 Oct 2024 | NT$5.8t | NT$3.6t | NT$338.3b | 19.5x | 17.1x | 1.6x |
| Mon, 09 Sep 2024 | NT$5.6t | NT$3.6t | NT$338.1b | 19.2x | 16.6x | 1.6x |
| Wed, 07 Aug 2024 | NT$5.3t | NT$3.5t | NT$273.9b | 18.9x | 19.2x | 1.5x |
| Fri, 05 Jul 2024 | NT$6.2t | NT$3.5t | NT$271.6b | 20.9x | 22.9x | 1.8x |
| Sun, 02 Jun 2024 | NT$5.8t | NT$3.5t | NT$269.1b | 20.1x | 21.6x | 1.7x |
| Tue, 30 Apr 2024 | NT$5.7t | NT$3.4t | NT$233.7b | 21.8x | 24.4x | 1.7x |
| Thu, 28 Mar 2024 | NT$5.4t | NT$3.4t | NT$231.0b | 20.1x | 23.4x | 1.6x |
| Sat, 24 Feb 2024 | NT$5.0t | NT$3.4t | NT$263.5b | 19.2x | 19x | 1.5x |
| Mon, 22 Jan 2024 | NT$4.6t | NT$3.4t | NT$262.1b | 17.5x | 17.7x | 1.4x |
| Wed, 20 Dec 2023 | NT$4.7t | NT$3.4t | NT$261.7b | 18.1x | 18x | 1.4x |
| Fri, 17 Nov 2023 | NT$4.4t | NT$3.4t | NT$264.2b | 17.1x | 16.7x | 1.3x |
| Sun, 15 Oct 2023 | NT$4.4t | NT$3.6t | NT$415.8b | 16.6x | 10.6x | 1.2x |
| Tue, 12 Sep 2023 | NT$4.4t | NT$3.6t | NT$416.3b | 16.6x | 10.5x | 1.2x |
| Thu, 10 Aug 2023 | NT$4.5t | NT$3.8t | NT$600.2b | 16.1x | 7.6x | 1.2x |
| Sat, 08 Jul 2023 | NT$4.7t | NT$3.8t | NT$603.5b | 16.4x | 7.7x | 1.2x |
| Mon, 05 Jun 2023 | NT$4.7t | NT$3.8t | NT$603.4b | 15.8x | 7.8x | 1.2x |
| Wed, 03 May 2023 | NT$4.5t | NT$4.0t | NT$809.7b | 14x | 5.6x | 1.1x |
| Fri, 31 Mar 2023 | NT$4.4t | NT$4.0t | NT$811.8b | 14x | 5.4x | 1.1x |
| Sun, 26 Feb 2023 | NT$4.4t | NT$4.1t | NT$969.8b | 12.9x | 4.6x | 1.1x |
| Tue, 24 Jan 2023 | NT$4.1t | NT$4.1t | NT$974.2b | 12.3x | 4.2x | 1x |
| Thu, 22 Dec 2022 | NT$4.0t | NT$4.1t | NT$974.2b | 11.9x | 4.2x | 1x |
| Sat, 19 Nov 2022 | NT$3.8t | NT$4.1t | NT$974.2b | 11.6x | 3.9x | 0.9x |
| Mon, 17 Oct 2022 | NT$3.7t | NT$4.0t | NT$956.6b | 12.6x | 3.8x | 0.9x |
| Wed, 14 Sep 2022 | NT$4.1t | NT$4.0t | NT$960.4b | 13.7x | 4.3x | 1x |
| Fri, 12 Aug 2022 | NT$4.4t | NT$3.9t | NT$925.7b | 14x | 4.7x | 1.1x |
| Sun, 10 Jul 2022 | NT$4.3t | NT$3.8t | NT$860.1b | 13.4x | 5x | 1.1x |
| Tue, 07 Jun 2022 | NT$5.0t | NT$3.8t | NT$859.9b | 14.3x | 5.8x | 1.3x |
| Thu, 05 May 2022 | NT$5.0t | NT$3.5t | NT$714.3b | 14.8x | 7x | 1.4x |
| Sat, 02 Apr 2022 | NT$5.0t | NT$3.5t | NT$710.8b | 16.3x | 7.1x | 1.4x |
| Mon, 28 Feb 2022 | NT$5.0t | NT$3.2t | NT$542.2b | 15.9x | 9.3x | 1.6x |
Price to Earnings Ratio
9.3x
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 14.7x which is higher than its 3-year average PE of 11.6x.
- 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 7.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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 | 0.56% | |
| Industrials | 2.58% | |
| Electrical | 5.24% | |
| Aerospace & Defense | 3.40% | |
| Transportation | 3.40% | |
| Machinery | 2.94% | |
| Industrials | 2.87% | |
| Construction | 1.85% | |
| Marine and Shipping | 1.59% | |
| Commercial Services | 1.40% | |
| Professional Services | 0.93% | |
| Logistics | 0.80% | |
| Building | 0.12% | |
| Airlines | -0.085% | |
| Infrastructure | -0.25% | |
| Trade Distributors | -0.30% | |
Industry PE
- Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 280x.
- Analysts are expecting annual earnings growth of 105.0%, 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 below its 3-year average of 6.1x.
Forecasted Growth
- Analysts are most optimistic on the Building industry, expecting annual earnings growth of 105% 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 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1519 Fortune Electric | NT$635.00 | 21.2% +NT$31.9b | 24.7% | PE47.5x | |
| 1503 Shihlin Electric & Engineering | NT$203.00 | 13.1% +NT$12.2b | 16.7% | PE36.7x | |
| 2049 Hiwin Technologies | NT$359.00 | 6.4% +NT$7.6b | 40.8% | PE64.3x | |
| 1513 Chung-Hsin Electric and Machinery Manufacturing | NT$160.50 | 8.4% +NT$6.2b | 12.2% | PE22.3x | |
| 1590 Airtac International Group | NT$975.00 | 2.5% +NT$4.8b | -8.0% | PE25.9x |
