Taiwanese (TAIEX) Industrials Sector Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies329
- 7D2.9%
- 3M-2.6%
- 1Y-17.9%
- YTD-21.4%
AirTAC International Group is up 7.4%, leading the way for the Industrials industry, which has gained 2.6%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to decline by 25% per year.
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 |
|---|---|---|---|---|---|---|
| Sat, 03 Dec 2022 | NT$4.1t | NT$4.1t | NT$974.1b | 12.2x | 4.2x | 1x |
| Mon, 31 Oct 2022 | NT$3.6t | NT$4.0t | NT$956.6b | 12.1x | 3.8x | 0.9x |
| Wed, 28 Sep 2022 | NT$3.9t | NT$4.0t | NT$960.9b | 13.3x | 4x | 1x |
| Fri, 26 Aug 2022 | NT$4.4t | NT$4.0t | NT$959.2b | 13.9x | 4.5x | 1.1x |
| Sun, 24 Jul 2022 | NT$4.3t | NT$3.8t | NT$860.2b | 13.7x | 5.1x | 1.2x |
| Tue, 21 Jun 2022 | NT$4.5t | NT$3.8t | NT$860.2b | 13.5x | 5.2x | 1.2x |
| Thu, 19 May 2022 | NT$4.8t | NT$3.8t | NT$860.0b | 14.2x | 5.6x | 1.3x |
| Sat, 16 Apr 2022 | NT$5.0t | NT$3.5t | NT$711.5b | 15.7x | 7.1x | 1.4x |
| Mon, 14 Mar 2022 | NT$5.1t | NT$3.2t | NT$547.3b | 16.1x | 9.4x | 1.6x |
| Wed, 09 Feb 2022 | NT$4.8t | NT$3.2t | NT$536.4b | 15.8x | 9x | 1.5x |
| Fri, 07 Jan 2022 | NT$5.1t | NT$3.2t | NT$536.6b | 17.8x | 9.4x | 1.6x |
| Sun, 05 Dec 2021 | NT$4.8t | NT$3.2t | NT$536.5b | 15.6x | 9x | 1.5x |
| Tue, 02 Nov 2021 | NT$4.4t | NT$2.9t | NT$361.7b | 15.6x | 12.3x | 1.5x |
| Thu, 30 Sep 2021 | NT$4.7t | NT$2.9t | NT$358.8b | 15.7x | 13x | 1.6x |
| Sat, 28 Aug 2021 | NT$4.9t | NT$2.9t | NT$358.1b | 15.5x | 13.8x | 1.7x |
| Sun, 04 Jul 2021 | NT$5.8t | NT$2.9t | NT$358.1b | 16.7x | 16.2x | 2x |
| Wed, 07 Apr 2021 | NT$3.4t | NT$2.6t | NT$254.8b | 16.5x | 13.2x | 1.3x |
| Sat, 09 Jan 2021 | NT$3.0t | NT$2.5t | NT$152.5b | 16.7x | 19.7x | 1.2x |
| Fri, 02 Oct 2020 | NT$2.4t | NT$2.4t | NT$110.8b | 16.8x | 21.6x | 1x |
| Mon, 06 Jul 2020 | NT$2.3t | NT$2.5t | NT$97.8b | 16.5x | 23.6x | 0.9x |
| Thu, 09 Apr 2020 | NT$1.9t | NT$2.6t | NT$83.4b | 14x | 22.8x | 0.7x |
| Wed, 01 Jan 2020 | NT$2.4t | NT$2.7t | NT$107.2b | 16.1x | 22.4x | 0.9x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are pessimistic on the Taiwanese Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 4.2x which is lower than its 3-year average PE of 15.1x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 112% per year over the last three years.
- Revenues for these companies have grown 15% 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?
| TW Market | 1.55% | |
| Industrials | 2.88% | |
| Aerospace & Defense | 5.57% | |
| Professional Services | 5.11% | |
| Electrical | 5.11% | |
| Airlines | 4.72% | |
| Machinery | 4.59% | |
| Transportation | 4.35% | |
| Construction | 2.82% | |
| Trade Distributors | 2.48% | |
| Industrials | 2.38% | |
| Commercial Services | 2.27% | |
| Building | 1.24% | |
| Infrastructure | 0.48% | |
| Logistics | 0.47% | |
| Marine and Shipping | -0.41% | |
Industry PE
- Investors are most optimistic about the Transportation industry which is trading above its 3-year average PE ratio of 23.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 19.8x.
Forecasted Growth
- Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 39% over the next 5 years.
- However this is lower than its past earnings growth rate of 69% per year.
- In contrast, the Marine and Shipping 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1590 AirTAC International Group | NT$984.00 | 7.4% +NT$13.6b | 15.9% | PE31.4x | |
| 1605 Walsin Lihwa | NT$48.90 | 8.1% +NT$13.1b | 86.3% | PE7.5x | |
| 6409 Voltronic Power Technology | NT$1.73k | 6.5% +NT$9.2b | 12.7% | PE38.7x | |
| 2618 EVA Airways | NT$27.60 | 5.9% +NT$8.6b | 9.7% | PE10.9x | |
| 6781 Advanced Energy Solution Holding | NT$842.00 | 9.2% +NT$6.1b | -42.9% | PE23.1x |