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Jul 19
Taiwanese (TAIEX) Commercial Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies35
- 7D-1.3%
- 3M2.6%
- 1Y28.4%
- YTD15.8%
Last week, the Commercial Services industry hasn't moved much but Taiwan Secom is up 3.1% in that time. The past year has been better, since the industry has gained 28% in that time. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Taiwanese Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | NT$291.9b | NT$140.5b | NT$13.1b | 28.3x | 22.3x | 2.1x |
| Sun, 23 Jun 2024 | NT$273.1b | NT$137.1b | NT$12.4b | 29.2x | 22x | 2x |
| Tue, 21 May 2024 | NT$263.1b | NT$136.9b | NT$12.4b | 28.1x | 21.3x | 1.9x |
| Thu, 18 Apr 2024 | NT$278.2b | NT$123.9b | NT$11.5b | 27.4x | 24.2x | 2.2x |
| Sat, 16 Mar 2024 | NT$240.9b | NT$111.5b | NT$11.0b | 27.3x | 21.9x | 2.2x |
| Mon, 12 Feb 2024 | NT$232.0b | NT$111.3b | NT$11.2b | 24.2x | 20.8x | 2.1x |
| Wed, 10 Jan 2024 | NT$232.5b | NT$111.3b | NT$11.2b | 24.9x | 20.8x | 2.1x |
| Fri, 08 Dec 2023 | NT$228.3b | NT$111.3b | NT$11.2b | 24.7x | 20.4x | 2.1x |
| Sun, 05 Nov 2023 | NT$220.9b | NT$107.2b | NT$10.5b | 22.7x | 21x | 2.1x |
| Tue, 03 Oct 2023 | NT$213.7b | NT$107.1b | NT$10.5b | 24.4x | 20.4x | 2x |
| Thu, 31 Aug 2023 | NT$204.9b | NT$107.1b | NT$10.5b | 24.2x | 19.5x | 1.9x |
| Sat, 29 Jul 2023 | NT$211.2b | NT$103.6b | NT$9.6b | 24.3x | 21.9x | 2x |
| Mon, 26 Jun 2023 | NT$201.2b | NT$103.6b | NT$9.6b | 23.9x | 20.9x | 1.9x |
| Wed, 24 May 2023 | NT$200.4b | NT$102.7b | NT$9.9b | 20.6x | 20.3x | 2x |
| Fri, 21 Apr 2023 | NT$186.7b | NT$102.6b | NT$9.8b | 18.7x | 19x | 1.8x |
| Sun, 19 Mar 2023 | NT$172.7b | NT$101.4b | NT$9.8b | 17.9x | 17.7x | 1.7x |
| Tue, 14 Feb 2023 | NT$168.1b | NT$97.6b | NT$9.6b | 18.9x | 17.6x | 1.7x |
| Thu, 12 Jan 2023 | NT$162.3b | NT$97.6b | NT$9.6b | 18.1x | 17x | 1.7x |
| Sat, 10 Dec 2022 | NT$158.6b | NT$97.6b | NT$9.6b | 16.8x | 16.6x | 1.6x |
| Mon, 07 Nov 2022 | NT$148.4b | NT$91.5b | NT$9.5b | 18.1x | 15.7x | 1.6x |
| Wed, 05 Oct 2022 | NT$153.3b | NT$90.5b | NT$9.4b | 17.8x | 16.3x | 1.7x |
| Fri, 02 Sep 2022 | NT$163.0b | NT$90.4b | NT$9.4b | 19.9x | 17.3x | 1.8x |
| Sun, 31 Jul 2022 | NT$160.1b | NT$85.9b | NT$9.0b | 18.3x | 17.8x | 1.9x |
| Tue, 28 Jun 2022 | NT$164.4b | NT$85.9b | NT$9.0b | 18.9x | 18.3x | 1.9x |
| Thu, 26 May 2022 | NT$166.0b | NT$85.6b | NT$9.0b | 19.1x | 18.5x | 1.9x |
| Sat, 23 Apr 2022 | NT$173.6b | NT$81.3b | NT$8.8b | 21.3x | 19.8x | 2.1x |
| Mon, 21 Mar 2022 | NT$166.5b | NT$77.2b | NT$8.3b | 23.6x | 20.1x | 2.2x |
| Wed, 16 Feb 2022 | NT$164.8b | NT$76.5b | NT$8.3b | 21.3x | 19.8x | 2.2x |
| Fri, 14 Jan 2022 | NT$164.0b | NT$76.5b | NT$8.3b | 20.2x | 19.7x | 2.1x |
| Sun, 12 Dec 2021 | NT$164.4b | NT$76.5b | NT$8.3b | 18.3x | 19.7x | 2.1x |
| Tue, 09 Nov 2021 | NT$162.4b | NT$74.5b | NT$8.2b | 18.1x | 19.8x | 2.2x |
| Thu, 07 Oct 2021 | NT$154.5b | NT$74.5b | NT$8.8b | 17.3x | 17.6x | 2.1x |
| Sat, 04 Sep 2021 | NT$155.5b | NT$74.5b | NT$8.8b | 17.8x | 17.7x | 2.1x |
| Mon, 02 Aug 2021 | NT$155.4b | NT$74.5b | NT$8.8b | 18.5x | 17.7x | 2.1x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are optimistic on the Taiwanese Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.1x which is higher than its 3-year average PE of 19.4x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 24% 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 industry?
| TW Market | -2.30% | |
| Industrials | -1.02% | |
| Commercial Services | -1.33% | |
| Security and Alarm Services | 0.90% | |
| Commercial Printing | 0.073% | |
| Diversified Support Services | -0.43% | |
| Environmental and Facilities Services | -1.73% | |
| Office Services and Supplies | -10.91% | |
Industry PE
- Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio of 28.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Office Services and Supplies industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 9.5% per year.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| 8431 Superior Plating Technology | NT$60.50 | 4.3% +NT$108.8m | -3.5% | PE141.1x | |
| 3284 Top High Image | NT$47.20 | 1.7% +NT$71.1m | 139.0% | PE39.7x | |
| 7578 Revivegen | NT$47.63 | 2.1% +NT$58.7m | 60.4% | PE71x | |
| 8476 Taiwan Environment Scientific | NT$60.40 | 1.2% +NT$58.2m | -8.2% | PE12.8x | |
| 6971 Hui Min Environmental Tech | NT$53.60 | 2.5% +NT$45.7m | 11.7% | n/a |
