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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies119
  • 7D-5.6%
  • 3M14.0%
  • 1Y15.8%
  • YTD11.3%

Over the last 7 days, the Machinery industry has dropped 3.9%, driven by AirTAC International Group declining 5.1%. On the other hand Taiwan Microloops is actually up 27%. This takes the industry's 12 month performance to a gain of 15%. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 22 Apr 2024NT$1.0tNT$424.7bNT$32.3b21.7x31.5x2.4x
Wed, 20 Mar 2024NT$1.0tNT$424.2bNT$31.8b20.1x32x2.4x
Fri, 16 Feb 2024NT$937.4bNT$427.5bNT$30.4b19.3x30.8x2.2x
Sun, 14 Jan 2024NT$879.9bNT$427.4bNT$30.4b19.1x28.9x2.1x
Tue, 12 Dec 2023NT$895.6bNT$427.4bNT$30.4b19.1x29.5x2.1x
Thu, 09 Nov 2023NT$865.1bNT$430.8bNT$31.1b17.3x27.8x2x
Sat, 07 Oct 2023NT$855.4bNT$431.6bNT$31.6b17.9x27.1x2x
Mon, 04 Sep 2023NT$857.4bNT$432.8bNT$31.8b17.7x26.9x2x
Wed, 02 Aug 2023NT$882.1bNT$438.9bNT$33.7b17.2x26.2x2x
Fri, 30 Jun 2023NT$885.4bNT$438.1bNT$33.8b16.7x26.2x2x
Sun, 28 May 2023NT$837.5bNT$443.4bNT$37.4b13.6x22.4x1.9x
Tue, 25 Apr 2023NT$830.7bNT$436.4bNT$39.0b13.2x21.3x1.9x
Thu, 23 Mar 2023NT$818.7bNT$436.9bNT$39.1b13.2x20.9x1.9x
Sat, 18 Feb 2023NT$780.8bNT$442.2bNT$41.4b12.8x18.9x1.8x
Mon, 16 Jan 2023NT$708.9bNT$442.2bNT$41.4b12.1x17.1x1.6x
Wed, 14 Dec 2022NT$705.0bNT$442.2bNT$41.4b12.2x17x1.6x
Fri, 11 Nov 2022NT$664.2bNT$445.2bNT$42.0b11.9x15.8x1.5x
Sun, 09 Oct 2022NT$649.8bNT$445.2bNT$40.1b13x16.2x1.5x
Tue, 06 Sep 2022NT$689.0bNT$444.5bNT$39.9b13.7x17.3x1.6x
Thu, 04 Aug 2022NT$672.4bNT$444.7bNT$40.0b13.1x16.8x1.5x
Sat, 02 Jul 2022NT$695.6bNT$444.4bNT$39.6b13.4x17.6x1.6x
Mon, 30 May 2022NT$704.8bNT$444.2bNT$39.7b14.1x17.8x1.6x
Wed, 27 Apr 2022NT$709.9bNT$450.5bNT$36.5b15.8x19.5x1.6x
Fri, 25 Mar 2022NT$775.9bNT$445.8bNT$35.9b16.5x21.6x1.7x
Sun, 20 Feb 2022NT$788.7bNT$439.5bNT$35.0b16.6x22.5x1.8x
Tue, 18 Jan 2022NT$782.8bNT$439.6bNT$35.0b15.9x22.3x1.8x
Thu, 16 Dec 2021NT$769.8bNT$439.6bNT$35.0b15.8x22x1.8x
Sat, 13 Nov 2021NT$729.9bNT$430.1bNT$34.0b17.4x21.5x1.7x
Mon, 11 Oct 2021NT$720.8bNT$423.2bNT$32.9b17.1x21.9x1.7x
Wed, 08 Sep 2021NT$745.7bNT$422.3bNT$32.8b17x22.7x1.8x
Fri, 06 Aug 2021NT$772.5bNT$422.3bNT$32.8b18x23.6x1.8x
Mon, 10 May 2021NT$856.4bNT$398.9bNT$29.3b19.1x29.3x2.1x
Price to Earnings Ratio

29.3x


Total Market Cap: NT$856.4bTotal Earnings: NT$29.3bTotal Revenue: NT$398.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 23x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.0x which is higher than its 3-year average PE of 23.0x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 3.3% per year over the last three years.
  • Revenues for these companies have grown 2.1% 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 Market-5.75%
Industrials-2.18%
Machinery-5.62%
Agricultural Machinery0%
Construction Machinery and Vehicles-3.77%
Industrial Machinery-5.71%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.6x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings decline of 21.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 23% 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
6125 Kenmec Mechanical EngineeringNT$87.3011.6%
+NT$2.3b		178.5%PE27.3x
4532 Rechi PrecisionNT$27.505.8%
+NT$750.0m		55.4%PE18.3x
8349 QST InternationalNT$70.806.8%
+NT$677.9m		17.6%PE23.5x
6944 Mega Union TechnologyNT$369.502.2%
+NT$492.4m		n/aPE34.1x
4565 Hong-Wei Electrical IndustryNT$125.508.7%
+NT$441.0m		74.3%PE16.4x
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4556

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