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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedApr 08, 2026
DataAggregated Company Financials
Companies125
  • 7D3.4%
  • 3M10.7%
  • 1Y51.7%
  • YTD10.7%

Over the last 7 days, the Machinery industry has risen 3.4%, driven by gains from Syntec Technology of 13%. Meanwhile, Ye Siang Enterprise actually underperformed within the industry, shrinking 5.5% in the last week. In the last 12 months, the industry was up 52%. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Apr 2026NT$1.6tNT$493.6bNT$38.8b26.4x40.5x3.2x
Fri, 06 Mar 2026NT$1.5tNT$497.2bNT$37.1b26.3x40.1x3x
Sun, 01 Feb 2026NT$1.5tNT$496.5bNT$36.7b25.7x40.6x3x
Tue, 30 Dec 2025NT$1.3tNT$496.1bNT$36.6b24.1x36.2x2.7x
Thu, 27 Nov 2025NT$1.2tNT$495.5bNT$36.5b23.8x33.7x2.5x
Sat, 25 Oct 2025NT$1.3tNT$490.4bNT$33.3b24x38x2.6x
Mon, 22 Sep 2025NT$1.3tNT$490.4bNT$33.4b23.8x38.6x2.6x
Wed, 20 Aug 2025NT$1.2tNT$484.8bNT$33.6b23.2x36.2x2.5x
Fri, 18 Jul 2025NT$1.2tNT$472.5bNT$39.9b17.4x28.9x2.4x
Sun, 15 Jun 2025NT$1.1tNT$472.5bNT$39.9b17.8x28.6x2.4x
Tue, 13 May 2025NT$1.1tNT$462.7bNT$40.8b17.8x27x2.4x
Thu, 10 Apr 2025NT$859.3bNT$446.7bNT$40.0b14.7x21.5x1.9x
Sat, 08 Mar 2025NT$1.2tNT$442.2bNT$39.3b20.6x31.3x2.8x
Mon, 03 Feb 2025NT$1.2tNT$442.0bNT$39.0b20.2x31x2.7x
Wed, 01 Jan 2025NT$1.2tNT$442.0bNT$39.0b20.3x31.8x2.8x
Fri, 29 Nov 2024NT$1.1tNT$440.9bNT$39.0b19.8x28.9x2.6x
Sun, 27 Oct 2024NT$1.2tNT$439.8bNT$40.8b19.7x29.7x2.8x
Tue, 24 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.6x27.9x2.6x
Thu, 22 Aug 2024NT$1.1tNT$436.4bNT$39.8b19.4x27.4x2.5x
Sat, 20 Jul 2024NT$1.1tNT$433.5bNT$37.9b20.6x29.8x2.6x
Mon, 17 Jun 2024NT$1.1tNT$426.8bNT$37.1b19.9x29.6x2.6x
Wed, 15 May 2024NT$1.1tNT$429.8bNT$36.0b20.9x30.2x2.5x
Fri, 12 Apr 2024NT$1.1tNT$425.7bNT$32.6b23x32.9x2.5x
Sun, 10 Mar 2024NT$997.7bNT$426.6bNT$30.2b21.6x33.1x2.3x
Tue, 06 Feb 2024NT$925.6bNT$427.4bNT$30.4b19.3x30.4x2.2x
Thu, 04 Jan 2024NT$889.1bNT$427.4bNT$30.4b19.6x29.2x2.1x
Sat, 02 Dec 2023NT$903.6bNT$427.4bNT$30.4b18.6x29.7x2.1x
Mon, 30 Oct 2023NT$849.1bNT$432.0bNT$31.3b16.8x27.1x2x
Wed, 27 Sep 2023NT$845.8bNT$431.6bNT$31.6b17.6x26.8x2x
Fri, 25 Aug 2023NT$848.9bNT$434.0bNT$32.3b17.4x26.3x2x
Sun, 23 Jul 2023NT$898.6bNT$439.6bNT$33.9b17.3x26.5x2x
Tue, 20 Jun 2023NT$881.6bNT$437.4bNT$33.7b16.6x26.2x2x
Thu, 18 May 2023NT$834.8bNT$450.0bNT$38.9b13.6x21.4x1.9x
Sat, 15 Apr 2023NT$865.6bNT$435.8bNT$38.7b13.7x22.4x2x
Price to Earnings Ratio

22.4x


Total Market Cap: NT$865.6bTotal Earnings: NT$38.7bTotal Revenue: NT$435.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 30.5x202420252026
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 40.5x which is higher than its 3-year average PE of 30.5x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.2% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Taiwanese Industrials industry?

TW Market4.81%
Industrials2.05%
Machinery3.37%
Industrial Machinery3.49%
Construction Machinery and Vehicles-0.11%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.9x.
    • Analysts are expecting annual earnings growth of 28.7%, which is higher than its past year's earnings decline of 10.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 29% 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$1.08k4.9%
+NT$10.0b		59.3%PE25.6x
2467 C Sun MfgNT$449.0012.7%
+NT$7.7b		310.0%PE82.3x
1560 KinikNT$501.0010.8%
+NT$7.2b		203.6%PE54.3x
6944 Mega Union TechnologyNT$896.0010.6%
+NT$6.6b		203.7%PE29x
7750 Syntec TechnologyNT$1.45k6.6%
+NT$6.5b		304.8%PE45.4x

Latest News

6944
NT$896.00
Mega Union Technology
7D
10.6%
1Y
203.7%
7879
NT$101.00
Advanced Material Systems
7D
-14.0%
1Y
n/a
3376
NT$211.50
Shin Zu Shing
7D
7.9%
1Y
18.2%
1560
NT$501.00
Kinik
7D
10.8%
1Y
203.6%
6125
NT$52.90
Kenmec Mechanical Engineering
7D
-2.8%
1Y
4.8%
6609
NT$38.00
Taiwan Takisawa Technology
7D
-4.9%
1Y
-17.6%
1590
NT$1,075.00
Airtac International Group
7D
4.9%
1Y
59.3%

1590: Stable Assumptions Will Continue To Support An Undervalued Outlook

Analysts have slightly trimmed their price target on Airtac International Group to NT$1,236, reflecting updated assumptions around the discount rate and future P/E while keeping revenue growth and profit margin expectations broadly unchanged. Valuation Changes Fair Value: The NT$1,236 fair value estimate is unchanged, indicating the updated inputs leave the overall valuation level the same.
7909
NT$825.00
Ye Siang Enterprise
7D
-13.0%
1Y
n/a
7750
NT$1,445.00
Syntec Technology
7D
6.6%
1Y
304.8%
5292
NT$214.50
Desiccant Technology
7D
-6.3%
1Y
91.1%
4583
NT$678.00
Apex Dynamics
7D
5.6%
1Y
26.7%
4510
NT$42.45
Kao Fong Machinery
7D
-3.6%
1Y
22.5%
2233
NT$221.50
TURVO International
7D
-1.8%
1Y
67.2%
6235
NT$45.55
Waffer Technology
7D
-3.5%
1Y
22.8%
2049
NT$241.50
Hiwin Technologies
7D
3.4%
1Y
34.9%
2467
NT$449.00
C Sun Mfg
7D
12.7%
1Y
310.0%