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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedDec 28, 2025
DataAggregated Company Financials
Companies124
  • 7D2.4%
  • 3M5.3%
  • 1Y2.3%
  • YTD2.1%

Over the last 7 days, the Machinery industry has risen 2.4%, driven by gains from Kaori Heat Treatment of 9.0%. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 32% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 28 Dec 2025NT$1.3tNT$496.1bNT$36.6b24.4x36x2.7x
Tue, 25 Nov 2025NT$1.2tNT$495.5bNT$36.5b23.4x32.4x2.4x
Thu, 23 Oct 2025NT$1.3tNT$490.4bNT$33.3b24.1x38.2x2.6x
Sat, 20 Sep 2025NT$1.3tNT$490.4bNT$33.4b23.8x38.6x2.6x
Mon, 18 Aug 2025NT$1.2tNT$484.8bNT$33.7b22.3x35.9x2.5x
Wed, 16 Jul 2025NT$1.1tNT$472.5bNT$39.9b17.3x28.5x2.4x
Fri, 13 Jun 2025NT$1.2tNT$472.5bNT$39.9b17.9x29.3x2.5x
Sun, 11 May 2025NT$1.1tNT$462.3bNT$40.8b17.3x26.5x2.3x
Tue, 08 Apr 2025NT$1.0tNT$446.7bNT$40.0b17.1x25.1x2.3x
Thu, 06 Mar 2025NT$1.3tNT$441.7bNT$39.4b21.1x31.9x2.8x
Sat, 01 Feb 2025NT$1.2tNT$442.0bNT$39.0b20.2x31x2.7x
Mon, 30 Dec 2024NT$1.2tNT$442.0bNT$39.0b20.4x31.5x2.8x
Wed, 27 Nov 2024NT$1.2tNT$440.9bNT$39.0b19.6x29.7x2.6x
Fri, 25 Oct 2024NT$1.2tNT$439.8bNT$40.8b19.7x29.6x2.7x
Sun, 22 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.6x27.9x2.6x
Tue, 20 Aug 2024NT$1.1tNT$436.4bNT$39.8b19.4x27.2x2.5x
Thu, 18 Jul 2024NT$1.1tNT$433.5bNT$37.9b21x30.3x2.6x
Sat, 15 Jun 2024NT$1.1tNT$425.6bNT$37.2b19.9x29.4x2.6x
Mon, 13 May 2024NT$1.1tNT$430.4bNT$35.9b20.8x29.9x2.5x
Wed, 10 Apr 2024NT$1.1tNT$425.5bNT$32.6b23.7x33.3x2.6x
Fri, 08 Mar 2024NT$1.0tNT$428.0bNT$30.3b22.6x33.8x2.4x
Sun, 04 Feb 2024NT$923.8bNT$427.4bNT$30.4b19.3x30.4x2.2x
Tue, 02 Jan 2024NT$902.9bNT$427.4bNT$30.4b19.2x29.7x2.1x
Thu, 30 Nov 2023NT$909.1bNT$428.0bNT$30.5b18.4x29.8x2.1x
Sat, 28 Oct 2023NT$849.1bNT$432.5bNT$31.6b17.1x26.9x2x
Mon, 25 Sep 2023NT$847.5bNT$431.6bNT$31.6b17.4x26.9x2x
Wed, 23 Aug 2023NT$843.6bNT$434.3bNT$32.4b17.1x26.1x1.9x
Fri, 21 Jul 2023NT$895.8bNT$439.6bNT$33.9b17.4x26.4x2x
Sun, 18 Jun 2023NT$884.4bNT$437.6bNT$33.7b16.7x26.2x2x
Tue, 16 May 2023NT$809.7bNT$450.0bNT$38.9b13.5x20.8x1.8x
Thu, 13 Apr 2023NT$867.7bNT$435.9bNT$38.8b13.8x22.4x2x
Sat, 11 Mar 2023NT$798.7bNT$436.9bNT$40.5b13.2x19.7x1.8x
Mon, 06 Feb 2023NT$768.0bNT$442.2bNT$41.4b12.4x18.6x1.7x
Wed, 04 Jan 2023NT$696.5bNT$442.2bNT$41.4b12.1x16.8x1.6x
Price to Earnings Ratio

16.8x


Total Market Cap: NT$696.5bTotal Earnings: NT$41.4bTotal Revenue: NT$442.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 28.7x20242025
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 36.0x which is higher than its 3-year average PE of 28.7x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% 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 industry?

TW Market3.11%
Industrials2.01%
Machinery2.37%
Industrial Machinery2.44%
Construction Machinery and Vehicles0.81%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 25.2x.
    • Analysts are expecting annual earnings growth of 32.5%, which is higher than its past year's earnings decline of 3.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 3.5% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 32% 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
8996 Kaori Heat TreatmentNT$558.009.0%
+NT$4.2b		74.9%PE84.6x
1590 Airtac International GroupNT$939.001.8%
+NT$3.4b		11.9%PE23.9x
6831 Taiwan MicroloopsNT$283.0018.9%
+NT$2.7b		234.1%PE76.5x
4585 Techman RobotNT$332.006.9%
+NT$2.2b		-31.4%PE299.3x
2467 C Sun MfgNT$237.006.0%
+NT$2.0b		13.9%PE46.8x

Latest News

6831
NT$283.00
Taiwan Microloops
7D
18.9%
1Y
234.1%
6725
NT$306.00
Cica-Huntek Chemical Technology Taiwan
7D
19.8%
1Y
104.0%
7744
NT$285.50
W&B Technology
7D
-2.7%
1Y
94.9%
1590
NT$939.00
Airtac International Group
7D
1.8%
1Y
11.9%

1590: Operating Margins Will Approach 30% As Demand Visibility Strengthens

Analysts have modestly raised their price target for Airtac International Group to $1,109.56 from $1,091.32, reflecting slightly lower perceived risk and a marginally higher justified valuation multiple on steady growth and margin expectations. What's in the News Raised 2025 revenue growth guidance to the mid teens percentage range in renminbi terms, signaling stronger demand visibility and confidence in the order pipeline (Key Developments) Projected operating margin for 2025 to approach 30 percent, underscoring continued operating leverage and disciplined cost control (Key Developments) Valuation Changes The fair value estimate has risen slightly to NT$1,109.56 from NT$1,091.32, reflecting a modest upward revision in the intrinsic valuation.
2467
NT$237.00
C Sun Mfg
7D
6.0%
1Y
13.9%
5498
NT$46.50
Key Ware Electronics
7D
26.0%
1Y
304.3%
7795
NT$230.00
Eternal Precision Mechanics
7D
-4.0%
1Y
43.3%
3376
NT$202.00
Shin Zu Shing
7D
-4.0%
1Y
-1.9%
4583
NT$654.00
Apex Dynamics
7D
3.8%
1Y
-31.2%
6667
NT$264.00
Trusval Technology
7D
-4.2%
1Y
44.7%
8996
NT$558.00
Kaori Heat Treatment
7D
9.0%
1Y
74.9%
4585
NT$332.00
Techman Robot
7D
6.9%
1Y
-31.4%
6603
NT$27.20
Fu Chun Shin Machinery Manufacture
7D
-4.9%
1Y
61.4%
2049
NT$194.50
Hiwin Technologies
7D
-0.8%
1Y
-38.4%
2208
NT$20.05
CSBC
7D
-1.2%
1Y
30.2%
2476
NT$87.20
G-SHANK Enterprise
7D
-3.0%
1Y
1.2%