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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedMar 18, 2026
DataAggregated Company Financials
Companies124
  • 7D6.5%
  • 3M17.3%
  • 1Y16.0%
  • YTD12.0%

Kaori Heat Treatment is up 14%, leading the way for the Machinery industry, which has gained 6.5%. This means that the industry has gained 16% over the past year. 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
Thu, 19 Mar 2026NT$1.5tNT$505.6bNT$40.6b25.2x37.1x3x
Sat, 14 Feb 2026NT$1.5tNT$496.0bNT$36.6b25.7x40.3x3x
Mon, 12 Jan 2026NT$1.4tNT$496.1bNT$36.6b25.4x37.1x2.7x
Wed, 10 Dec 2025NT$1.3tNT$495.6bNT$36.5b24.2x34.9x2.6x
Fri, 07 Nov 2025NT$1.3tNT$490.5bNT$33.6b24.8x38.2x2.6x
Sun, 05 Oct 2025NT$1.3tNT$490.4bNT$33.4b23.6x37.7x2.6x
Tue, 02 Sep 2025NT$1.3tNT$484.8bNT$32.7b24.3x39.5x2.7x
Thu, 31 Jul 2025NT$1.2tNT$472.9bNT$39.4b17.5x29.2x2.4x
Sat, 28 Jun 2025NT$1.2tNT$472.5bNT$39.9b18x28.9x2.4x
Mon, 26 May 2025NT$1.1tNT$472.4bNT$39.9b18.2x28.7x2.4x
Wed, 23 Apr 2025NT$955.3bNT$459.5bNT$41.1b16.2x23.3x2.1x
Fri, 21 Mar 2025NT$1.2tNT$443.2bNT$39.9b20x30.7x2.8x
Sun, 16 Feb 2025NT$1.3tNT$442.1bNT$39.0b20.5x32.5x2.9x
Tue, 14 Jan 2025NT$1.2tNT$441.2bNT$38.9b19.3x29.8x2.6x
Thu, 12 Dec 2024NT$1.2tNT$440.8bNT$38.8b20.4x30x2.6x
Sat, 09 Nov 2024NT$1.2tNT$441.6bNT$40.6b19.7x29.7x2.7x
Mon, 07 Oct 2024NT$1.2tNT$439.8bNT$40.8b20.2x29.4x2.7x
Wed, 04 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.4x27.9x2.6x
Fri, 02 Aug 2024NT$1.1tNT$433.5bNT$37.9b20.4x28.7x2.5x
Sun, 30 Jun 2024NT$1.1tNT$433.5bNT$37.9b20.2x29.8x2.6x
Tue, 28 May 2024NT$1.1tNT$427.4bNT$36.6b20x30.4x2.6x
Thu, 25 Apr 2024NT$1.1tNT$427.5bNT$32.5b22.6x32.4x2.5x
Sat, 23 Mar 2024NT$1.0tNT$424.3bNT$31.7b20.8x32.7x2.4x
Mon, 19 Feb 2024NT$960.1bNT$427.5bNT$30.4b19.8x31.6x2.2x
Wed, 17 Jan 2024NT$875.9bNT$427.4bNT$30.4b19.1x28.8x2x
Fri, 15 Dec 2023NT$888.8bNT$427.4bNT$30.4b18.9x29.2x2.1x
Sun, 12 Nov 2023NT$859.2bNT$430.6bNT$31.0b17.4x27.7x2x
Tue, 10 Oct 2023NT$855.4bNT$431.6bNT$31.6b17.9x27.1x2x
Thu, 07 Sep 2023NT$863.7bNT$431.6bNT$31.6b17.6x27.4x2x
Sat, 05 Aug 2023NT$876.6bNT$437.8bNT$33.3b17.1x26.3x2x
Mon, 03 Jul 2023NT$895.0bNT$438.1bNT$33.8b16.8x26.5x2x
Wed, 31 May 2023NT$847.3bNT$442.7bNT$37.0b14.3x22.9x1.9x
Fri, 28 Apr 2023NT$822.4bNT$439.9bNT$39.0b13.5x21.1x1.9x
Sun, 26 Mar 2023NT$821.0bNT$436.9bNT$39.2b13.3x21x1.9x
Price to Earnings Ratio

21x


Total Market Cap: NT$821.0bTotal Earnings: NT$39.2bTotal 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 37.1x 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 3.0x.
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 5.0% 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 Market3.60%
Industrials3.56%
Machinery6.45%
Industrial Machinery6.55%
Construction Machinery and Vehicles3.96%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.6x.
    • Analysts are expecting annual earnings growth of 29.6%, which is higher than its past year's earnings decline of 10.7% 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 11% 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$952.0014.1%
+NT$10.8b		246.2%PE105.3x
7750 Syntec TechnologyNT$1.44k9.9%
+NT$9.3b		152.6%PE45.2x
6944 Mega Union TechnologyNT$831.0011.8%
+NT$6.7b		96.9%PE30.2x
2467 C Sun MfgNT$401.009.0%
+NT$5.0b		135.9%PE73.5x
3376 Shin Zu ShingNT$221.0013.0%
+NT$5.0b		-12.1%PE79.9x

Latest News

8996
NT$952.00
Kaori Heat Treatment
7D
14.1%
1Y
246.2%
2421
NT$151.50
Sunonwealth Electric Machine Industry
7D
7.8%
1Y
48.5%
6944
NT$831.00
Mega Union Technology
7D
11.8%
1Y
96.9%
6753
NT$134.00
Lungteh Shipbuilding
7D
-1.8%
1Y
29.5%
7795
NT$395.50
Eternal Precision Mechanics
7D
-2.8%
1Y
168.1%
4569
NT$137.50
Sixxon Tech
7D
-8.3%
1Y
-21.0%
1590
NT$1,025.00
Airtac International Group
7D
-1.0%
1Y
4.5%

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.
2464
NT$79.60
Mirle Automation
7D
15.0%
1Y
5.0%
7750
NT$1,440.00
Syntec Technology
7D
9.9%
1Y
152.6%
7744
NT$475.00
W&B Technology
7D
-3.7%
1Y
149.3%
2049
NT$232.50
Hiwin Technologies
7D
-2.3%
1Y
-18.3%
2467
NT$401.00
C Sun Mfg
7D
9.0%
1Y
135.9%
3376
NT$221.00
Shin Zu Shing
7D
13.0%
1Y
-12.1%
4573
NT$270.00
Gmt Global
7D
49.2%
1Y
350.0%
4583
NT$639.00
Apex Dynamics
7D
-1.7%
1Y
-16.9%
3004
NT$106.50
National Aerospace Fasteners
7D
-5.3%
1Y
6.9%