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Taiwanese (TAIEX) Airlines Industry Analysis

UpdatedSep 30, 2024
DataAggregated Company Financials
Companies4
  • 7D2.1%
  • 3M-4.1%
  • 1Y21.2%
  • YTD12.1%

Over the last 7 days, the Airlines industry has risen 1.5%, driven by gains from EVA Airways of 1.8%. This takes the industry's 12 month performance to a gain of 10%. As for the next few years, earnings are forecast to decline by 15% per annum.

Industry Valuation and Performance

Has the Taiwanese Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Sep 2024NT$438.9bNT$452.6bNT$35.7b12.8x12.3x1x
Wed, 28 Aug 2024NT$410.4bNT$452.6bNT$35.7b11.7x11.5x0.9x
Fri, 26 Jul 2024NT$419.8bNT$438.9bNT$33.3b14.4x12.6x1x
Sun, 23 Jun 2024NT$442.1bNT$435.2bNT$32.8b13.5x13.5x1x
Tue, 21 May 2024NT$411.3bNT$435.2bNT$32.8b12.6x12.5x0.9x
Thu, 18 Apr 2024NT$354.9bNT$420.1bNT$30.4b12.6x11.7x0.8x
Sat, 16 Mar 2024NT$347.0bNT$395.6bNT$23.5b9.9x14.8x0.9x
Mon, 12 Feb 2024NT$361.0bNT$384.8bNT$21.9b16.1x16.5x0.9x
Wed, 10 Jan 2024NT$367.4bNT$384.8bNT$21.9b15.3x16.8x1x
Fri, 08 Dec 2023NT$369.4bNT$384.8bNT$21.9b15.3x16.9x1x
Sun, 05 Nov 2023NT$349.8bNT$353.3bNT$13.4b22.6x26x1x
Tue, 03 Oct 2023NT$348.3bNT$353.3bNT$13.4b22.5x25.9x1x
Thu, 31 Aug 2023NT$373.4bNT$353.3bNT$13.4b24.4x27.8x1.1x
Sat, 29 Jul 2023NT$433.2bNT$315.7bNT$2.4b82.2x183.1x1.4x
Mon, 26 Jun 2023NT$467.6bNT$315.7bNT$2.4b89.9x197.6x1.5x
Wed, 24 May 2023NT$361.7bNT$313.3bNT$1.2b65.8x298.4x1.2x
Fri, 21 Apr 2023NT$330.6bNT$293.5bNT$1.8b30.2x180.7x1.1x
Sun, 19 Mar 2023NT$329.5bNT$291.2bNT$2.8b29.8x118.3x1.1x
Tue, 14 Feb 2023NT$314.2bNT$293.3bNT$17.6b10.5x17.8x1.1x
Thu, 12 Jan 2023NT$315.1bNT$293.3bNT$17.6b10.6x17.9x1.1x
Sat, 10 Dec 2022NT$316.2bNT$293.3bNT$17.6b10.8x18x1.1x
Mon, 07 Nov 2022NT$283.0bNT$290.0bNT$20.9b8.7x13.6x1x
Wed, 05 Oct 2022NT$322.2bNT$280.6bNT$21.1b9.6x15.3x1.1x
Fri, 02 Sep 2022NT$331.9bNT$279.6bNT$25.4b11.3x13.1x1.2x
Sun, 31 Jul 2022NT$331.0bNT$262.8bNT$23.2b12.4x14.3x1.3x
Tue, 28 Jun 2022NT$320.5bNT$262.8bNT$23.2b12x13.8x1.2x
Thu, 26 May 2022NT$348.8bNT$262.8bNT$23.2b13.1x15x1.3x
Sat, 23 Apr 2022NT$382.9bNT$243.0bNT$13.7b23.9x27.9x1.6x
Mon, 21 Mar 2022NT$349.9bNT$243.0bNT$13.9b21.8x25.1x1.4x
Wed, 16 Feb 2022NT$331.0bNT$212.5bNT$1.4b42.4x241.7x1.6x
Fri, 14 Jan 2022NT$284.8bNT$212.5bNT$1.4b38.7x208x1.3x
Sun, 12 Dec 2021NT$325.2bNT$212.6bNT$1.5b43.8x211.2x1.5x
Tue, 09 Nov 2021NT$251.5bNT$212.6bNT$1.5b32x163.3x1.2x
Thu, 07 Oct 2021NT$195.9bNT$197.4b-NT$5,377,208,000.001026.5x-36.4x1x
Price to Earnings Ratio

-36.4x


Total Market Cap: NT$195.9bTotal Earnings: -NT$5,377,208,000.00Total Revenue: NT$197.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Airlines Industry Price to Earnings3Y Average 62.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Taiwanese Airlines 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 11.7x which is lower than its 3-year average PE of 61.8x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.93x.
Past Earnings Growth
  • Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 32% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

TW Market2.79%
Industrials4.56%
Airlines2.10%
Airlines2.10%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2646 STARLUX AirlinesNT$30.655.1%
+NT$3.8b
31.0%PE108.3x
2618 EVA AirwaysNT$37.500.4%
+NT$810.1m
27.3%PE8.6x
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