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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies125
  • 7D-0.7%
  • 3M13.2%
  • 1Y18.7%
  • YTD10.4%

Over the last 7 days, the Machinery industry has dropped 4.0%, driven by pullbacks in Syntec Technology and Kaori Heat Treatment of 12% and 14%, respectively. On the other hand Taiwan Microloops is actually up 15%. In the past year, the industry has gained 14%. 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
Fri, 27 Mar 2026NT$1.6tNT$506.8bNT$40.4b25.1x38.6x3.1x
Sun, 22 Feb 2026NT$1.5tNT$496.0bNT$36.6b25.7x40.3x3x
Tue, 20 Jan 2026NT$1.4tNT$496.1bNT$36.6b26.1x39.4x2.9x
Thu, 18 Dec 2025NT$1.3tNT$495.6bNT$36.5b24x35.2x2.6x
Sat, 15 Nov 2025NT$1.2tNT$493.7bNT$35.2b24.3x34.9x2.5x
Mon, 13 Oct 2025NT$1.3tNT$490.4bNT$33.3b24x38.2x2.6x
Wed, 10 Sep 2025NT$1.3tNT$486.9bNT$33.0b24.2x39.5x2.7x
Fri, 08 Aug 2025NT$1.2tNT$473.3bNT$38.8b19.6x29.9x2.5x
Sun, 06 Jul 2025NT$1.1tNT$472.5bNT$39.9b17.5x28.4x2.4x
Tue, 03 Jun 2025NT$1.1tNT$472.5bNT$39.9b17.5x28.1x2.4x
Thu, 01 May 2025NT$1.1tNT$460.7bNT$41.2b17.4x26.1x2.3x
Sat, 29 Mar 2025NT$1.2tNT$445.3bNT$40.2b19.4x28.9x2.6x
Mon, 24 Feb 2025NT$1.3tNT$442.1bNT$39.0b20.8x33.4x2.9x
Wed, 22 Jan 2025NT$1.2tNT$442.0bNT$39.0b20.3x30.8x2.7x
Fri, 20 Dec 2024NT$1.2tNT$441.3bNT$38.8b19.8x30.4x2.7x
Sun, 17 Nov 2024NT$1.2tNT$441.0bNT$39.9b19.6x29.1x2.6x
Tue, 15 Oct 2024NT$1.2tNT$439.8bNT$40.8b19.7x29.7x2.8x
Thu, 12 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.2x26.4x2.5x
Sat, 10 Aug 2024NT$1.0tNT$436.3bNT$38.0b19.5x27.2x2.4x
Mon, 08 Jul 2024NT$1.2tNT$433.5bNT$37.9b21x30.8x2.7x
Wed, 05 Jun 2024NT$1.1tNT$426.2bNT$36.8b20.4x29.6x2.6x
Fri, 03 May 2024NT$1.1tNT$426.9bNT$32.9b22.2x32.2x2.5x
Sun, 31 Mar 2024NT$1.1tNT$426.3bNT$32.1b22.1x33.1x2.5x
Tue, 27 Feb 2024NT$1.0tNT$427.8bNT$30.7b20.1x32.7x2.3x
Thu, 25 Jan 2024NT$892.1bNT$427.4bNT$30.4b19.3x29.3x2.1x
Sat, 23 Dec 2023NT$895.2bNT$427.4bNT$30.4b19.2x29.4x2.1x
Mon, 20 Nov 2023NT$888.2bNT$431.6bNT$31.5b18.1x28.2x2.1x
Wed, 18 Oct 2023NT$874.6bNT$431.6bNT$31.6b17.5x27.7x2x
Fri, 15 Sep 2023NT$860.5bNT$431.6bNT$31.6b18.1x27.3x2x
Sun, 13 Aug 2023NT$847.3bNT$437.5bNT$33.3b16.8x25.5x1.9x
Tue, 11 Jul 2023NT$893.9bNT$437.8bNT$33.7b16.7x26.5x2x
Thu, 08 Jun 2023NT$858.6bNT$436.7bNT$35.1b16.3x24.5x2x
Sat, 06 May 2023NT$832.2bNT$440.0bNT$38.8b13.8x21.4x1.9x
Mon, 03 Apr 2023NT$838.3bNT$436.2bNT$38.7b13.7x21.7x1.9x
Price to Earnings Ratio

21.7x


Total Market Cap: NT$838.3bTotal Earnings: NT$38.7bTotal Revenue: NT$436.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 30.3x202420252026
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 36.0x which is higher than its 3-year average PE of 30.3x.
  • 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 5.1% 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-1.07%
Industrials-1.63%
Machinery-0.72%
Construction Machinery and Vehicles0.05%
Industrial Machinery-0.74%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 26.7x.
    • Analysts are expecting annual earnings growth of 28.9%, 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 29% 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 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
2467 C Sun MfgNT$414.0011.4%
+NT$6.5b		157.9%PE75.9x
1590 Airtac International GroupNT$1.01k2.8%
+NT$5.4b		6.7%PE23.9x
6831 Taiwan MicroloopsNT$390.0017.1%
+NT$3.4b		326.2%PE77.8x
4583 Apex DynamicsNT$679.006.1%
+NT$3.1b		-18.3%PE56.6x
2049 Hiwin TechnologiesNT$236.503.1%
+NT$2.5b		-12.7%PE54.8x

Latest News

7750
NT$1,290.00
Syntec Technology
7D
-10.4%
1Y
125.9%
5292
NT$234.50
Desiccant Technology
7D
20.3%
1Y
67.5%
6831
NT$390.00
Taiwan Microloops
7D
17.1%
1Y
326.2%
6725
NT$274.50
Cica-Huntek Chemical Technology Taiwan
7D
17.1%
1Y
46.8%
7818
NT$106.50
Kemflo International
7D
15.4%
1Y
-22.8%
8996
NT$845.00
Kaori Heat Treatment
7D
-11.1%
1Y
228.8%
4583
NT$679.00
Apex Dynamics
7D
6.1%
1Y
-18.3%
3376
NT$210.00
Shin Zu Shing
7D
-8.9%
1Y
-16.0%
6944
NT$777.00
Mega Union Technology
7D
-7.4%
1Y
82.0%
2421
NT$136.00
Sunonwealth Electric Machine Industry
7D
-5.9%
1Y
40.1%
7795
NT$379.00
Eternal Precision Mechanics
7D
-4.2%
1Y
156.1%
1590
NT$1,005.00
Airtac International Group
7D
2.8%
1Y
6.7%

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.
7744
NT$435.00
W&B Technology
7D
-9.8%
1Y
132.6%
5498
NT$56.90
Key Ware Electronics
7D
-9.4%
1Y
439.3%
2049
NT$236.50
Hiwin Technologies
7D
3.1%
1Y
-12.7%
2467
NT$414.00
C Sun Mfg
7D
11.4%
1Y
157.9%