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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies124
  • 7D0.7%
  • 3M13.4%
  • 1Y15.6%
  • YTD9.8%

Last week, the Machinery industry hasn't moved much but Kaori Heat Treatment is up 16% in that time. As for the the longer term, the industry is up 16% over the past 12 months. As for the next few years, earnings are expected to grow by 30% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 16 Mar 2026NT$1.5tNT$503.1bNT$40.8b25.6x36.3x2.9x
Wed, 11 Feb 2026NT$1.5tNT$496.5bNT$36.7b25.9x41.2x3x
Fri, 09 Jan 2026NT$1.3tNT$496.1bNT$36.6b24.9x36.8x2.7x
Sun, 07 Dec 2025NT$1.3tNT$495.6bNT$36.5b24.1x34.9x2.6x
Tue, 04 Nov 2025NT$1.3tNT$490.2bNT$33.5b25.5x38.4x2.6x
Thu, 02 Oct 2025NT$1.2tNT$490.4bNT$33.4b23.7x37.4x2.5x
Sat, 30 Aug 2025NT$1.3tNT$485.2bNT$33.2b23.9x40.1x2.7x
Mon, 28 Jul 2025NT$1.2tNT$472.9bNT$39.4b17.7x29.4x2.5x
Wed, 25 Jun 2025NT$1.2tNT$472.5bNT$39.9b17.7x29x2.4x
Fri, 23 May 2025NT$1.1tNT$472.4bNT$39.9b18.3x28.8x2.4x
Sun, 20 Apr 2025NT$999.8bNT$459.5bNT$41.1b16.9x24.4x2.2x
Tue, 18 Mar 2025NT$1.2tNT$442.4bNT$38.8b20.6x31.6x2.8x
Thu, 13 Feb 2025NT$1.3tNT$442.0bNT$39.0b20.4x32.2x2.8x
Sat, 11 Jan 2025NT$1.2tNT$442.0bNT$39.0b19.8x30.3x2.7x
Mon, 09 Dec 2024NT$1.2tNT$440.8bNT$38.8b20x29.8x2.6x
Wed, 06 Nov 2024NT$1.2tNT$440.8bNT$40.7b19.3x29.2x2.7x
Fri, 04 Oct 2024NT$1.2tNT$437.2bNT$40.5b19.8x29.5x2.7x
Sun, 01 Sep 2024NT$1.1tNT$437.2bNT$40.6b19.8x28x2.6x
Tue, 30 Jul 2024NT$1.1tNT$433.5bNT$37.9b19.6x27.8x2.4x
Thu, 27 Jun 2024NT$1.1tNT$433.5bNT$37.9b20x29.4x2.6x
Sat, 25 May 2024NT$1.1tNT$427.4bNT$36.6b20x29.9x2.6x
Mon, 22 Apr 2024NT$1.0tNT$424.7bNT$32.3b21.7x31.5x2.4x
Wed, 20 Mar 2024NT$1.0tNT$424.2bNT$31.8b20.1x32x2.4x
Fri, 16 Feb 2024NT$937.4bNT$427.5bNT$30.4b19.3x30.8x2.2x
Sun, 14 Jan 2024NT$879.9bNT$427.4bNT$30.4b19.1x28.9x2.1x
Tue, 12 Dec 2023NT$895.6bNT$427.4bNT$30.4b19.1x29.5x2.1x
Thu, 09 Nov 2023NT$865.1bNT$430.8bNT$31.1b17.3x27.8x2x
Sat, 07 Oct 2023NT$855.4bNT$431.6bNT$31.6b17.9x27.1x2x
Mon, 04 Sep 2023NT$857.4bNT$432.8bNT$31.8b17.7x26.9x2x
Wed, 02 Aug 2023NT$882.1bNT$438.9bNT$33.7b17.2x26.2x2x
Fri, 30 Jun 2023NT$885.4bNT$438.1bNT$33.8b16.7x26.2x2x
Sun, 28 May 2023NT$837.5bNT$443.4bNT$37.4b13.6x22.4x1.9x
Tue, 25 Apr 2023NT$830.7bNT$436.4bNT$39.0b13.2x21.3x1.9x
Thu, 23 Mar 2023NT$818.7bNT$436.9bNT$39.1b13.2x20.9x1.9x
Price to Earnings Ratio

20.9x


Total Market Cap: NT$818.7bTotal Earnings: NT$39.1bTotal Revenue: NT$436.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 30.2x202420252026
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 36.3x which is higher than its 3-year average PE of 30.2x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.9x.
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 4.8% 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 Market-0.36%
Industrials-2.15%
Machinery0.72%
Industrial Machinery0.85%
Construction Machinery and Vehicles-2.40%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.5x.
    • Analysts are expecting annual earnings growth of 30.3%, which is higher than its past year's earnings decline of 8.5% 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 decline of 8.5% 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
8996 Kaori Heat TreatmentNT$899.0015.7%
+NT$11.2b		216.5%PE136.3x
2049 Hiwin TechnologiesNT$238.503.7%
+NT$3.0b		-19.3%PE55.3x
6944 Mega Union TechnologyNT$786.004.5%
+NT$2.6b		88.7%PE28.6x
4573 Gmt GlobalNT$231.0031.3%
+NT$2.3b		294.9%PS16.4x
2421 Sunonwealth Electric Machine IndustryNT$144.505.5%
+NT$2.0b		33.8%PE18.2x

Latest News

7795
NT$400.00
Eternal Precision Mechanics
7D
-2.4%
1Y
174.0%
6727
NT$261.00
Asia Metal Industries
7D
28.6%
1Y
283.8%
6831
NT$318.50
Taiwan Microloops
7D
7.4%
1Y
222.7%
6944
NT$786.00
Mega Union Technology
7D
4.5%
1Y
88.7%
1590
NT$1,020.00
Airtac International Group
7D
-1.9%
1Y
9.8%

1590: Slightly Softer Assumptions Will Still Support An Undervalued Outlook

Analysts have trimmed their price target on Airtac International Group, citing slightly lower assumptions for long term revenue growth, profit margins, and future P/E expectations, which has resulted in a modest reduction in their NT$ based valuation framework. Valuation Changes Fair Value: NT$1,236 remains unchanged in the updated framework.
7750
NT$1,320.00
Syntec Technology
7D
1.9%
1Y
118.9%
7818
NT$92.00
Kemflo International
7D
-6.0%
1Y
-38.3%
1560
NT$460.00
Kinik
7D
-5.4%
1Y
82.5%
2208
NT$21.50
CSBC
7D
-2.5%
1Y
30.3%
6667
NT$246.50
Trusval Technology
7D
-7.3%
1Y
18.2%
2049
NT$238.50
Hiwin Technologies
7D
3.7%
1Y
-19.3%
2467
NT$363.50
C Sun Mfg
7D
-7.5%
1Y
116.4%
2421
NT$144.50
Sunonwealth Electric Machine Industry
7D
5.5%
1Y
33.8%
4573
NT$231.00
Gmt Global
7D
31.3%
1Y
294.9%
8996
NT$899.00
Kaori Heat Treatment
7D
15.7%
1Y
216.5%
4583
NT$631.00
Apex Dynamics
7D
-4.0%
1Y
-14.0%