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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies114
  • 7D3.0%
  • 3M-2.4%
  • 1Y-7.1%
  • YTD-14.8%

The Machinery industry is up 3.0% in the last week, with AirTAC International Group up 8.4%. During this same period, the NAK Sealing Technologies underperformed, falling 5.6%. In contrast, the industry has lost 7.2% in the last 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022NT$688.7bNT$442.2bNT$41.4b11.7x16.7x1.6x
Tue, 25 Oct 2022NT$606.7bNT$446.0bNT$40.1b12.3x15.1x1.4x
Thu, 22 Sep 2022NT$686.9bNT$445.2bNT$40.1b13.5x17.1x1.5x
Sat, 20 Aug 2022NT$704.0bNT$441.5bNT$39.8b13.7x17.7x1.6x
Mon, 18 Jul 2022NT$681.9bNT$444.4bNT$39.6b13.2x17.2x1.5x
Wed, 15 Jun 2022NT$741.7bNT$444.4bNT$39.6b14x18.7x1.7x
Fri, 13 May 2022NT$708.1bNT$450.0bNT$37.2b15.1x19.1x1.6x
Sun, 10 Apr 2022NT$763.0bNT$451.1bNT$36.5b16.4x20.9x1.7x
Tue, 08 Mar 2022NT$755.1bNT$441.6bNT$36.1b16.7x20.9x1.7x
Thu, 03 Feb 2022NT$763.1bNT$439.5bNT$35.0b15.7x21.8x1.7x
Sat, 01 Jan 2022NT$823.0bNT$439.6bNT$35.0b16.6x23.5x1.9x
Mon, 29 Nov 2021NT$743.1bNT$439.6bNT$35.0b15.7x21.2x1.7x
Wed, 27 Oct 2021NT$741.2bNT$424.2bNT$33.0b16.9x22.4x1.7x
Fri, 24 Sep 2021NT$767.6bNT$423.2bNT$32.9b17.6x23.3x1.8x
Sun, 22 Aug 2021NT$711.1bNT$422.3bNT$32.8b16.7x21.7x1.7x
Fri, 09 Jul 2021NT$828.5bNT$422.3bNT$32.8b18x25.3x2x
Thu, 01 Apr 2021NT$792.1bNT$398.9bNT$29.3b17.2x27.1x2x
Sun, 03 Jan 2021NT$709.7bNT$371.6bNT$24.8b17.1x28.6x1.9x
Wed, 07 Oct 2020NT$578.6bNT$359.2bNT$19.8b16.9x29.2x1.6x
Tue, 30 Jun 2020NT$547.6bNT$353.0bNT$17.8b15.8x30.7x1.6x
Fri, 03 Apr 2020NT$443.3bNT$353.9bNT$17.8b12.8x24.9x1.3x
Mon, 06 Jan 2020NT$557.1bNT$366.3bNT$20.0b16.5x27.8x1.5x
Price to Earnings Ratio

22.2x


Total Market Cap: NT$533.9bTotal Earnings: NT$24.0bTotal Revenue: NT$373.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 24.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Taiwanese Machinery 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 16.6x which is lower than its 3-year average PE of 24.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Market1.74%
Industrials2.94%
Machinery3.03%
Industrial Machinery3.09%
Construction Machinery and Vehicles1.81%
Agricultural Machinery0%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 9.4%, which is lower than the prior year's growth of 37.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 9.4% 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
1590 AirTAC International GroupNT$916.008.4%
+NT$14.2b		11.8%PE29.2x
2049 Hiwin TechnologiesNT$184.002.5%
+NT$1.6b		-34.5%PE14.1x
8996 Kaori Heat TreatmentNT$161.5010.6%
+NT$1.4b		182.3%PE62.5x
2208 CSBCNT$18.353.1%
+NT$512.5m		-16.6%PS0.9x
1584 S-TechNT$21.2018.1%
+NT$495.5m		20.8%PE23.2x
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Latest News

5538

NT$41.70

Tong Ming Enterprise

7D

3.7%

1Y

-19.7%

9942

NT$110.00

NAK Sealing Technologies

7D

-5.6%

1Y

26.7%

8996

NT$161.50

Kaori Heat Treatment

7D

10.6%

1Y

182.3%

6235

NT$35.70

Waffer Technology

7D

4.5%

1Y

75.0%

6125

NT$25.30

Kenmec Mechanical Engineering

7D

-2.3%

1Y

-3.8%

4503

NT$34.75

Gold Rain Enterprises

7D

-6.1%

1Y

15.6%

4513

NT$21.65

Falcon Machine Tools

7D

-7.9%

1Y

50.9%

2421

NT$44.90

Sunonwealth Electric Machine Industry

7D

-1.1%

1Y

3.9%

2049

NT$184.00

Hiwin Technologies

7D

2.5%

1Y

-34.5%

2208

NT$18.35

CSBC

7D

3.1%

1Y

-16.6%

1539

NT$30.85

Chiu Ting Machinery

7D

-3.7%

1Y

55.4%

1590

NT$916.00

AirTAC International Group

7D

8.4%

1Y

11.8%

1515

NT$29.20

Rexon IndustrialLtd

7D

-3.5%

1Y

-54.4%

1584

NT$21.20

S-Tech

7D

18.1%

1Y

20.8%

6843

NT$52.70

JDV Control Valves

7D

19.8%

1Y

8.0%