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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies122
  • 7D1.5%
  • 3M-1.3%
  • 1Y20.0%
  • YTD16.5%

In the last week, the Machinery industry is up 1.5%, with Hiwin Technologies up 15%. Meanwhile, Airtac International Group actually underperformed within the industry, shrinking 6.2% in the last week. This means that the industry has gained 20% over the past year. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NT$1.2tNT$441.3bNT$38.8b20x30.1x2.6x
Tue, 19 Nov 2024NT$1.1tNT$439.9bNT$38.9b19.3x29.1x2.6x
Thu, 17 Oct 2024NT$1.2tNT$439.8bNT$40.8b19.6x30.2x2.8x
Sat, 14 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.4x27.3x2.5x
Mon, 12 Aug 2024NT$1.0tNT$436.6bNT$38.9b19.4x26.6x2.4x
Wed, 10 Jul 2024NT$1.1tNT$433.5bNT$37.9b20.8x30.2x2.6x
Fri, 07 Jun 2024NT$1.1tNT$425.6bNT$37.2b20.2x28.8x2.5x
Sun, 05 May 2024NT$1.1tNT$428.3bNT$33.4b21.7x31.5x2.5x
Tue, 02 Apr 2024NT$1.1tNT$426.0bNT$32.3b22.5x33.3x2.5x
Thu, 29 Feb 2024NT$1.0tNT$427.6bNT$30.6b20.6x32.8x2.3x
Sat, 27 Jan 2024NT$883.6bNT$427.4bNT$30.4b19x29.1x2.1x
Mon, 25 Dec 2023NT$895.1bNT$427.4bNT$30.4b19.2x29.4x2.1x
Wed, 22 Nov 2023NT$896.8bNT$430.2bNT$30.8b17.8x29.1x2.1x
Fri, 20 Oct 2023NT$848.7bNT$432.5bNT$31.6b17.2x26.8x2x
Sun, 17 Sep 2023NT$857.7bNT$431.6bNT$31.6b18x27.2x2x
Tue, 15 Aug 2023NT$828.9bNT$434.8bNT$32.5b16.9x25.5x1.9x
Thu, 13 Jul 2023NT$892.8bNT$437.5bNT$33.6b17.1x26.6x2x
Sat, 10 Jun 2023NT$859.7bNT$436.8bNT$33.6b16.2x25.6x2x
Mon, 08 May 2023NT$832.2bNT$440.0bNT$38.8b13.7x21.5x1.9x
Wed, 05 Apr 2023NT$838.3bNT$436.2bNT$38.7b13.7x21.7x1.9x
Fri, 03 Mar 2023NT$805.5bNT$436.8bNT$40.7b13.1x19.8x1.8x
Sun, 29 Jan 2023NT$723.6bNT$442.2bNT$41.4b12.1x17.5x1.6x
Tue, 27 Dec 2022NT$694.8bNT$442.2bNT$41.4b12x16.8x1.6x
Thu, 24 Nov 2022NT$681.1bNT$442.2bNT$41.4b11.8x16.5x1.5x
Sat, 22 Oct 2022NT$606.7bNT$446.0bNT$40.1b12.3x15.1x1.4x
Mon, 19 Sep 2022NT$694.6bNT$445.2bNT$40.1b13.7x17.3x1.6x
Wed, 17 Aug 2022NT$693.2bNT$442.2bNT$39.8b13.6x17.4x1.6x
Fri, 15 Jul 2022NT$677.2bNT$444.4bNT$39.6b13x17.1x1.5x
Sun, 12 Jun 2022NT$756.1bNT$444.4bNT$39.6b14.2x19.1x1.7x
Tue, 10 May 2022NT$706.2bNT$449.7bNT$36.8b15.3x19.2x1.6x
Thu, 07 Apr 2022NT$765.0bNT$451.1bNT$36.5b16.3x20.9x1.7x
Sat, 05 Mar 2022NT$771.2bNT$442.4bNT$35.4b16.8x21.8x1.7x
Mon, 31 Jan 2022NT$763.1bNT$439.5bNT$35.0b15.7x21.8x1.7x
Wed, 29 Dec 2021NT$817.1bNT$439.6bNT$35.0b16.5x23.3x1.9x
Price to Earnings Ratio

23.3x


Total Market Cap: NT$817.1bTotal Earnings: NT$35.0bTotal Revenue: NT$439.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 24.2x202220232024
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 30.1x which is higher than its 3-year average PE of 24.2x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 3.5% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

TW Market-2.11%
Industrials-0.65%
Machinery1.53%
Industrial Machinery1.63%
Agricultural Machinery0%
Construction Machinery and Vehicles-1.11%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 21.6x.
    • Analysts are expecting annual earnings growth of 29.8%, which is higher than its past year's earnings growth of 14.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 30% 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
2049 Hiwin TechnologiesNT$285.5015.1%
+NT$13.3b		22.3%PE51.2x
4583 Apex DynamicsNT$775.0015.5%
+NT$8.3b		265.6%PE60.4x
3376 Shin Zu ShingNT$211.009.6%
+NT$3.6b		84.3%PE33.2x
4585 Techman RobotNT$392.0010.6%
+NT$3.4b		n/aPE687.1x
4571 Khgears InternationalNT$252.0033.3%
+NT$3.3b		203.6%PE31.5x
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Latest News

3376

NT$211.00

Shin Zu Shing

7D

9.6%

1Y

84.3%

Some Confidence Is Lacking In Shin Zu Shing Co., Ltd.'s (TWSE:3376) P/E

Dec 19
Some Confidence Is Lacking In Shin Zu Shing Co., Ltd.'s (TWSE:3376) P/E

4585

NT$392.00

Techman Robot

7D

10.6%

1Y

n/a

2049

NT$285.50

Hiwin Technologies

7D

15.1%

1Y

22.3%

2233

NT$220.50

TURVO International

7D

22.2%

1Y

61.5%

TURVO International Co., Ltd. (TWSE:2233) Shares Fly 39% But Investors Aren't Buying For Growth

Dec 19
TURVO International Co., Ltd. (TWSE:2233) Shares Fly 39% But Investors Aren't Buying For Growth

4571

NT$252.00

Khgears International

7D

33.3%

1Y

203.6%

Subdued Growth No Barrier To Khgears International Limited (TWSE:4571) With Shares Advancing 41%

Dec 18
Subdued Growth No Barrier To Khgears International Limited (TWSE:4571) With Shares Advancing 41%

4583

NT$775.00

Apex Dynamics

7D

15.5%

1Y

265.6%

6944

NT$376.50

Mega Union Technology

7D

-2.6%

1Y

141.5%

4537

NT$35.45

Shuz Tung Machinery Industrial

7D

-24.2%

1Y

63.4%

6235

NT$66.70

Waffer Technology

7D

-6.2%

1Y

-39.9%

1597

NT$99.10

Chieftek Precision

7D

10.4%

1Y

53.9%

1590

NT$788.00

Airtac International Group

7D

-6.2%

1Y

-23.1%

8996

NT$323.50

Kaori Heat Treatment

7D

-2.0%

1Y

45.1%

2421

NT$96.70

Sunonwealth Electric Machine Industry

7D

-5.2%

1Y

-8.8%

2464

NT$79.40

Mirle Automation

7D

6.0%

1Y

121.2%

7750

NT$475.00

Syntec Technology

7D

-4.2%

1Y

n/a

1560

NT$289.00

Kinik

7D

-1.7%

1Y

66.1%