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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedNov 08, 2025
DataAggregated Company Financials
Companies124
  • 7D-0.7%
  • 3M6.1%
  • 1Y0.8%
  • YTD-0.8%

Over the last 7 days, the Machinery industry has risen 1.3%, driven by gains from Airtac International Group of 6.5%. During this same period, the Apex Dynamics underperformed, falling 10%. 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 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Nov 2025NT$1.3tNT$491.0bNT$34.1b24.6x37.3x2.6x
Mon, 06 Oct 2025NT$1.3tNT$490.4bNT$33.4b23.6x37.7x2.6x
Wed, 03 Sep 2025NT$1.3tNT$484.8bNT$32.7b24x39.1x2.6x
Fri, 01 Aug 2025NT$1.1tNT$472.9bNT$39.4b17.4x29.1x2.4x
Sun, 29 Jun 2025NT$1.2tNT$472.5bNT$39.9b18x28.9x2.4x
Tue, 27 May 2025NT$1.1tNT$472.4bNT$39.9b18x28.7x2.4x
Thu, 24 Apr 2025NT$993.0bNT$459.6bNT$41.1b16.6x24.2x2.2x
Sat, 22 Mar 2025NT$1.2tNT$444.8bNT$40.1b19.9x30.2x2.7x
Mon, 17 Feb 2025NT$1.3tNT$442.1bNT$39.0b20.5x32.5x2.9x
Wed, 15 Jan 2025NT$1.2tNT$441.2bNT$38.9b19.5x30.3x2.7x
Fri, 13 Dec 2024NT$1.2tNT$440.8bNT$38.8b20.2x29.8x2.6x
Sun, 10 Nov 2024NT$1.2tNT$442.7bNT$40.6b19.7x29.7x2.7x
Tue, 08 Oct 2024NT$1.2tNT$439.8bNT$40.8b20.4x29.8x2.8x
Thu, 05 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.3x26.7x2.5x
Sat, 03 Aug 2024NT$1.1tNT$434.1bNT$38.0b20.1x27.7x2.4x
Mon, 01 Jul 2024NT$1.1tNT$433.5bNT$37.9b20.2x29.8x2.6x
Wed, 29 May 2024NT$1.1tNT$427.4bNT$36.6b20.2x30.4x2.6x
Fri, 26 Apr 2024NT$1.0tNT$427.5bNT$32.5b22.4x32.1x2.4x
Sun, 24 Mar 2024NT$1.0tNT$424.3bNT$31.8b20.8x32.7x2.4x
Tue, 20 Feb 2024NT$973.2bNT$427.5bNT$30.4b20.2x32x2.3x
Thu, 18 Jan 2024NT$866.9bNT$427.4bNT$30.4b18.7x28.5x2x
Sat, 16 Dec 2023NT$892.1bNT$427.4bNT$30.4b19.1x29.3x2.1x
Mon, 13 Nov 2023NT$859.2bNT$429.8bNT$31.1b17.4x27.6x2x
Wed, 11 Oct 2023NT$855.4bNT$431.6bNT$31.6b17.9x27.1x2x
Fri, 08 Sep 2023NT$855.5bNT$431.6bNT$31.6b17.9x27.1x2x
Sun, 06 Aug 2023NT$876.6bNT$436.8bNT$33.5b17.1x26.1x2x
Tue, 04 Jul 2023NT$915.9bNT$438.1bNT$33.8b16.9x27.1x2.1x
Thu, 01 Jun 2023NT$841.2bNT$441.2bNT$36.5b14.8x23x1.9x
Sat, 29 Apr 2023NT$839.8bNT$439.8bNT$38.8b13.6x21.6x1.9x
Mon, 27 Mar 2023NT$821.0bNT$436.6bNT$39.1b13.4x21x1.9x
Wed, 22 Feb 2023NT$785.3bNT$442.2bNT$41.4b13.1x19x1.8x
Fri, 20 Jan 2023NT$723.6bNT$442.2bNT$41.4b12.1x17.5x1.6x
Sun, 18 Dec 2022NT$707.0bNT$442.2bNT$41.4b12.4x17.1x1.6x
Tue, 15 Nov 2022NT$684.0bNT$444.2bNT$41.2b12.1x16.6x1.5x
Price to Earnings Ratio

16.6x


Total Market Cap: NT$684.0bTotal Earnings: NT$41.2bTotal Revenue: NT$444.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 27.9x202320242025
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 38.2x which is higher than its 3-year average PE of 27.8x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 6.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.4% 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 Market-2.05%
Industrials-1.20%
Machinery-0.65%
Industrial Machinery-0.65%
Construction Machinery and Vehicles-0.81%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 24.5x.
    • Analysts are expecting annual earnings growth of 28.0%, which is higher than its past year's earnings decline of 7.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 7.8% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 28% 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$970.006.5%
+NT$11.8b		4.2%PE25.8x
2421 Sunonwealth Electric Machine IndustryNT$168.5011.6%
+NT$4.8b		69.5%PE23.2x
3305 Shenmao TechnologyNT$114.0012.3%
+NT$1.6b		63.3%PE39.5x
6944 Mega Union TechnologyNT$591.001.9%
+NT$839.4m		57.0%PE25.8x
6613 Nova TechnologyNT$178.003.5%
+NT$466.8m		-7.8%PE10.9x

Latest News

6438
NT$147.50
Symtek Automation Asia
7D
-6.3%
1Y
-31.4%
2421
NT$168.50
Sunonwealth Electric Machine Industry
7D
11.6%
1Y
69.5%
1560
NT$301.50
Kinik
7D
-4.1%
1Y
-5.3%
2049
NT$214.00
Hiwin Technologies
7D
-4.3%
1Y
-15.6%
4583
NT$601.00
Apex Dynamics
7D
-10.3%
1Y
-24.3%
1590
NT$970.00
Airtac International Group
7D
6.5%
1Y
4.2%

1590: Revenue Momentum And Margin Strength Will Drive Future Share Price Performance

Analysts have raised the fair value estimate for Airtac International Group from $1,028.47 to $1,049.42. This change reflects improved projections for revenue growth and profit margin, along with a modest change in the discount rate and forward P/E expectations.
2233
NT$206.50
TURVO International
7D
2.5%
1Y
29.1%
3376
NT$200.00
Shin Zu Shing
7D
-5.4%
1Y
13.3%
8349
NT$43.95
QST International
7D
3.4%
1Y
-26.1%
5498
NT$25.50
Key Ware Electronics
7D
7.1%
1Y
88.9%
3305
NT$114.00
Shenmao Technology
7D
12.3%
1Y
63.3%
4585
NT$391.50
Techman Robot
7D
-7.4%
1Y
3.0%
6664
NT$263.50
Group Up Industrial
7D
-5.4%
1Y
-9.0%
6944
NT$591.00
Mega Union Technology
7D
1.9%
1Y
57.0%
6125
NT$67.20
Kenmec Mechanical Engineering
7D
-4.4%
1Y
-24.6%
6613
NT$178.00
Nova Technology
7D
3.5%
1Y
-7.8%