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Taiwanese (TAIEX) Industrials Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies357
  • 7D-0.6%
  • 3M0.5%
  • 1Y19.1%
  • YTD17.7%

The Industrials is pretty flat in the last 7 days, but Hiwin Technologies has stood out, gaining 15%. The past year has been better, since the industry has gained 19% in that time. Earnings are forecast to grow by 7.2% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024NT$6.0tNT$3.8tNT$427.3b18.9x14x1.6x
Mon, 18 Nov 2024NT$6.0tNT$3.8tNT$427.3b19.1x14x1.6x
Wed, 16 Oct 2024NT$5.9tNT$3.6tNT$338.3b19.6x17.3x1.6x
Fri, 13 Sep 2024NT$5.7tNT$3.6tNT$338.1b18.9x16.7x1.6x
Sun, 11 Aug 2024NT$5.5tNT$3.5tNT$276.1b19.8x20.1x1.6x
Tue, 09 Jul 2024NT$6.1tNT$3.5tNT$271.6b21.5x22.4x1.7x
Thu, 06 Jun 2024NT$5.9tNT$3.5tNT$269.5b20.5x21.8x1.7x
Sat, 04 May 2024NT$5.6tNT$3.4tNT$234.0b21.7x24x1.6x
Mon, 01 Apr 2024NT$5.4tNT$3.4tNT$232.6b20.3x23.2x1.6x
Wed, 28 Feb 2024NT$5.0tNT$3.4tNT$263.8b19.2x19x1.5x
Fri, 26 Jan 2024NT$4.7tNT$3.4tNT$262.1b17.9x17.8x1.4x
Sun, 24 Dec 2023NT$4.8tNT$3.4tNT$262.0b18.1x18.3x1.4x
Tue, 21 Nov 2023NT$4.5tNT$3.4tNT$269.3b17.5x16.6x1.3x
Thu, 19 Oct 2023NT$4.3tNT$3.6tNT$415.8b16.4x10.3x1.2x
Sat, 16 Sep 2023NT$4.4tNT$3.6tNT$415.9b16.8x10.7x1.2x
Mon, 14 Aug 2023NT$4.5tNT$3.7tNT$507.5b16.2x8.8x1.2x
Wed, 12 Jul 2023NT$4.7tNT$3.8tNT$601.6b16.4x7.7x1.2x
Fri, 09 Jun 2023NT$4.7tNT$3.8tNT$602.9b15.8x7.8x1.2x
Sun, 07 May 2023NT$4.5tNT$4.0tNT$808.3b14.1x5.5x1.1x
Tue, 04 Apr 2023NT$4.4tNT$4.0tNT$810.0b14x5.5x1.1x
Thu, 02 Mar 2023NT$4.4tNT$4.1tNT$968.8b13x4.5x1.1x
Sat, 28 Jan 2023NT$4.1tNT$4.1tNT$974.1b12.3x4.2x1x
Mon, 26 Dec 2022NT$4.1tNT$4.1tNT$974.2b11.9x4.2x1x
Wed, 23 Nov 2022NT$3.8tNT$4.1tNT$974.1b11.5x3.9x0.9x
Fri, 21 Oct 2022NT$3.6tNT$4.0tNT$956.7b12.6x3.8x0.9x
Sun, 18 Sep 2022NT$4.2tNT$4.0tNT$960.6b13.8x4.4x1x
Tue, 16 Aug 2022NT$4.4tNT$4.0tNT$956.6b13.8x4.6x1.1x
Thu, 14 Jul 2022NT$4.2tNT$3.8tNT$860.2b13.3x4.9x1.1x
Sat, 11 Jun 2022NT$5.0tNT$3.8tNT$860.0b14.2x5.8x1.3x
Mon, 09 May 2022NT$5.0tNT$3.6tNT$788.3b14.9x6.4x1.4x
Wed, 06 Apr 2022NT$5.0tNT$3.5tNT$711.4b16.3x7.1x1.4x
Fri, 04 Mar 2022NT$5.2tNT$3.2tNT$542.5b16.2x9.6x1.6x
Sun, 30 Jan 2022NT$4.5tNT$3.2tNT$536.7b15.6x8.4x1.4x
Tue, 28 Dec 2021NT$5.1tNT$3.2tNT$536.5b15.9x9.5x1.6x
Price to Earnings Ratio

9.5x


Total Market Cap: NT$5.1tTotal Earnings: NT$536.5bTotal Revenue: NT$3.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Industrials Sector Price to Earnings3Y Average 11.3x202220232024
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 14.0x which is higher than its 3-year average PE of 11.3x.
  • 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 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.2% 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-2.11%
Industrials-0.65%
Trade Distributors1.89%
Professional Services1.61%
Machinery1.53%
Infrastructure0.051%
Airlines-0.17%
Aerospace & Defense-0.25%
Construction-0.32%
Marine and Shipping-0.92%
Transportation-1.32%
Electrical-1.62%
Commercial Services-2.29%
Building-3.28%
Logistics-3.35%
Industrials-4.47%
Industry PE
  • Investors are most optimistic about the Building industry even though it's trading below its 3-year average PE ratio of 278x.
    • 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 close to 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?

CompanyLast Price7D1YValuation
2049 Hiwin TechnologiesNT$285.5015.1%
+NT$13.3b		22.3%PE51.2x
4583 Apex DynamicsNT$775.0015.5%
+NT$8.3b		265.6%PE60.4x
1519 Fortune ElectricNT$544.002.8%
+NT$4.3b		86.4%PE40.7x
3376 Shin Zu ShingNT$211.009.6%
+NT$3.6b		84.3%PE33.2x
4585 Techman RobotNT$392.0010.6%
+NT$3.4b		n/aPE687.1x
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Latest News

3376

NT$211.00

Shin Zu Shing

7D

9.6%

1Y

84.3%

Some Confidence Is Lacking In Shin Zu Shing Co., Ltd.'s (TWSE:3376) P/E

Dec 19
Some Confidence Is Lacking In Shin Zu Shing Co., Ltd.'s (TWSE:3376) P/E

4585

NT$392.00

Techman Robot

7D

10.6%

1Y

n/a

2049

NT$285.50

Hiwin Technologies

7D

15.1%

1Y

22.3%

4571

NT$252.00

Khgears International

7D

33.3%

1Y

203.6%

Subdued Growth No Barrier To Khgears International Limited (TWSE:4571) With Shares Advancing 41%

Dec 18
Subdued Growth No Barrier To Khgears International Limited (TWSE:4571) With Shares Advancing 41%

3665

NT$620.00

Bizlink Holding

7D

-11.8%

1Y

140.3%

4583

NT$775.00

Apex Dynamics

7D

15.5%

1Y

265.6%

2633

NT$27.50

Taiwan High Speed Rail

7D

-2.3%

1Y

-8.8%

1605

NT$24.40

Walsin Lihwa

7D

-3.0%

1Y

-37.2%

2606

NT$53.00

U-Ming Marine Transport

7D

-7.3%

1Y

-1.3%

Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

Dec 16
Investors Will Want U-Ming Marine Transport's (TWSE:2606) Growth In ROCE To Persist

1802

NT$17.50

Taiwan Glass Ind

7D

-5.4%

1Y

-6.4%

We Think Taiwan Glass Ind (TWSE:1802) Has A Fair Chunk Of Debt

Dec 15
We Think Taiwan Glass Ind (TWSE:1802) Has A Fair Chunk Of Debt

1519

NT$544.00

Fortune Electric

7D

2.8%

1Y

86.4%

1590

NT$788.00

Airtac International Group

7D

-6.2%

1Y

-23.1%

6781

NT$979.00

Advanced Energy Solution Holding

7D

3.5%

1Y

38.3%

1402

NT$32.05

Far Eastern New Century

7D

-4.5%

1Y

3.1%

Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

Nov 21
Additional Considerations Required While Assessing Far Eastern New Century's (TWSE:1402) Strong Earnings

2637

NT$63.40

Wisdom Marine Lines Limited (Cayman)

7D

-8.1%

1Y

19.2%