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Taiwanese (TAIEX) Electrical Industry Analysis

UpdatedJun 24, 2024
DataAggregated Company Financials
Companies85
  • 7D1.1%
  • 3M6.9%
  • 1Y24.4%
  • YTD33.3%

The Electrical industry is up 1.1% in the last week, with Shihlin Electric & Engineering up 12%. Meanwhile, TECO Electric & Machinery actually underperformed within the industry, shrinking 7.3% in the last week. This takes the industry's 12 month performance to a gain of 24%. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 24 Jun 2024NT$1.7tNT$743.7bNT$43.9b30.4x39.2x2.3x
Wed, 22 May 2024NT$1.6tNT$743.3bNT$43.6b28.7x36.2x2.1x
Fri, 19 Apr 2024NT$1.8tNT$752.1bNT$45.5b26.2x38.7x2.3x
Sun, 17 Mar 2024NT$1.5tNT$752.0bNT$44.8b20x32.9x2x
Tue, 13 Feb 2024NT$1.3tNT$755.5bNT$45.8b19.2x27.6x1.7x
Thu, 11 Jan 2024NT$1.3tNT$757.8bNT$45.7b19.2x27.4x1.7x
Sat, 09 Dec 2023NT$1.3tNT$758.6bNT$45.8b19.7x27.8x1.7x
Mon, 06 Nov 2023NT$1.1tNT$758.0bNT$55.5b16.7x20.2x1.5x
Wed, 04 Oct 2023NT$1.2tNT$756.5bNT$63.3b17.2x19.5x1.6x
Fri, 01 Sep 2023NT$1.2tNT$756.5bNT$63.3b17.3x19.7x1.7x
Sun, 30 Jul 2023NT$1.3tNT$763.6bNT$68.4b16.2x18.6x1.7x
Tue, 27 Jun 2023NT$1.3tNT$764.1bNT$68.5b16.6x19x1.7x
Thu, 25 May 2023NT$1.2tNT$764.3bNT$66.6b15.2x17.9x1.6x
Sat, 22 Apr 2023NT$1.1tNT$757.8bNT$68.2b14.8x16.1x1.5x
Mon, 20 Mar 2023NT$1.1tNT$752.6bNT$69.2b13.6x15.2x1.4x
Wed, 15 Feb 2023NT$1.0tNT$752.3bNT$74.4b12.7x13.6x1.3x
Fri, 13 Jan 2023NT$943.4bNT$752.3bNT$74.4b12.7x12.7x1.3x
Sun, 11 Dec 2022NT$956.8bNT$750.1bNT$74.2b12.2x12.9x1.3x
Tue, 08 Nov 2022NT$875.5bNT$737.9bNT$63.4b14.2x13.8x1.2x
Thu, 06 Oct 2022NT$883.7bNT$733.3bNT$57.8b15.4x15.3x1.2x
Sat, 03 Sep 2022NT$964.7bNT$733.7bNT$57.9b16.3x16.7x1.3x
Mon, 01 Aug 2022NT$920.5bNT$704.2bNT$55.0b14.9x16.7x1.3x
Wed, 29 Jun 2022NT$928.7bNT$703.9bNT$54.8b15.1x16.9x1.3x
Fri, 27 May 2022NT$937.2bNT$703.6bNT$55.0b15x17x1.3x
Sun, 24 Apr 2022NT$954.8bNT$669.5bNT$53.0b15.9x18x1.4x
Tue, 22 Mar 2022NT$932.7bNT$659.9bNT$50.7b15.9x18.4x1.4x
Thu, 17 Feb 2022NT$916.8bNT$638.4bNT$43.9b16x20.9x1.4x
Sat, 15 Jan 2022NT$926.3bNT$637.5bNT$43.8b16.1x21.1x1.5x
Mon, 13 Dec 2021NT$938.0bNT$637.5bNT$43.8b16.3x21.4x1.5x
Wed, 10 Nov 2021NT$905.3bNT$626.0bNT$43.6b15.4x20.8x1.4x
Fri, 08 Oct 2021NT$836.7bNT$608.0bNT$40.1b14.9x20.9x1.4x
Sun, 05 Sep 2021NT$814.5bNT$606.2bNT$39.5b15.3x20.6x1.3x
Tue, 03 Aug 2021NT$847.5bNT$606.2bNT$39.5b15.3x21.5x1.4x
Price to Earnings Ratio

21.8x


Total Market Cap: NT$859.4bTotal Earnings: NT$39.5bTotal Revenue: NT$606.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Electrical Industry Price to Earnings3Y Average 20.7x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 39.2x which is higher than its 3-year average PE of 20.6x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 3.6% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market3.15%
Industrials0.87%
Electrical1.12%
Heavy Electrical Equipment6.51%
Electrical Components0.25%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 25.9x.
    • Analysts are expecting annual earnings growth of 40.4%, which is higher than its past year's earnings decline of 0.08% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 20.3x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 40% over the next 5 years.
  • This is better than its past earnings decline of 0.08% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 31% 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
1503 Shihlin Electric & EngineeringNT$302.0012.1%
+NT$16.9b		96.7%PE57.5x
1519 Fortune ElectricNT$947.002.9%
+NT$7.0b		479.2%PE83.3x
6409 Voltronic Power TechnologyNT$1.85k2.5%
+NT$3.9b		-4.1%PE45.2x
1514 Allis ElectricLtdNT$147.008.1%
+NT$2.9b		146.6%PE45.7x
3665 Bizlink HoldingNT$332.002.6%
+NT$1.4b		5.1%PE23.9x
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Latest News

1504

NT$53.70

TECO Electric & Machinery

7D

-7.3%

1Y

-5.8%

1503

NT$302.00

Shihlin Electric & Engineering

7D

12.1%

1Y

96.7%

Why Investors Shouldn't Be Surprised By Shihlin Electric & Engineering Corp.'s (TWSE:1503) 28% Share Price Surge

Jun 23
Why Investors Shouldn't Be Surprised By Shihlin Electric & Engineering Corp.'s (TWSE:1503) 28% Share Price Surge

1608

NT$38.35

Hua Eng Wire & Cable

7D

-6.3%

1Y

62.2%

Hua Eng Wire & Cable (TWSE:1608) Will Pay A Larger Dividend Than Last Year At NT$1.00

Jun 22
Hua Eng Wire & Cable (TWSE:1608) Will Pay A Larger Dividend Than Last Year At NT$1.00

4549

NT$155.00

FineTek

7D

-24.2%

1Y

52.9%

4545

NT$61.50

Min Aik Precision Industrial

7D

30.3%

1Y

105.0%

6409

NT$1,850.00

Voltronic Power Technology

7D

2.5%

1Y

-4.1%

Voltronic Power Technology Corp.'s (TWSE:6409) Popularity With Investors Is Under Threat From Overpricing

Jun 20
Voltronic Power Technology Corp.'s (TWSE:6409) Popularity With Investors Is Under Threat From Overpricing

3015

NT$63.70

FSP Technology

7D

-4.9%

1Y

21.3%

FSP Technology's (TWSE:3015) Dividend Will Be Reduced To NT$3.20

Jun 19
FSP Technology's (TWSE:3015) Dividend Will Be Reduced To NT$3.20

1514

NT$147.00

Allis ElectricLtd

7D

8.1%

1Y

146.6%

What Allis Electric Co.,Ltd.'s (TWSE:1514) 26% Share Price Gain Is Not Telling You

Jun 19
What Allis Electric Co.,Ltd.'s (TWSE:1514) 26% Share Price Gain Is Not Telling You

1519

NT$947.00

Fortune Electric

7D

2.9%

1Y

479.2%

Revenues Tell The Story For Fortune Electric Co., Ltd. (TWSE:1519) As Its Stock Soars 27%

Jun 18
Revenues Tell The Story For Fortune Electric Co., Ltd. (TWSE:1519) As Its Stock Soars 27%

6282

NT$39.05

AcBel Polytech

7D

3.4%

1Y

-20.0%

We Think AcBel Polytech (TWSE:6282) Is Taking Some Risk With Its Debt

Jun 18
We Think AcBel Polytech (TWSE:6282) Is Taking Some Risk With Its Debt

3665

NT$332.00

Bizlink Holding

7D

2.6%

1Y

5.1%

6895

NT$176.00

Wave Power Technology

7D

23.1%

1Y

7.0%

1513

NT$188.00

Chung-Hsin Electric and Machinery Manufacturing

7D

-1.6%

1Y

41.9%

1609

NT$53.60

Ta Ya Electric Wire & Cable

7D

-2.4%

1Y

42.4%

Returns Are Gaining Momentum At Ta Ya Electric Wire & Cable (TWSE:1609)

Jun 15
Returns Are Gaining Momentum At Ta Ya Electric Wire & Cable (TWSE:1609)

1605

NT$35.90

Walsin Lihwa

7D

-3.6%

1Y

-22.4%