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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies123
  • 7D2.3%
  • 3M8.6%
  • 1Y12.5%
  • YTD3.5%

The Machinery industry is up 2.5% in the last week, with Kaori Heat Treatment up 30%. During this same period, the Taiwan Microloops underperformed, falling 15%. In the last 12 months, the industry was up 14%. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 14 Jan 2026NT$1.4tNT$496.1bNT$36.6b25.2x37.9x2.8x
Fri, 12 Dec 2025NT$1.3tNT$495.6bNT$36.5b23.9x35.2x2.6x
Sun, 09 Nov 2025NT$1.3tNT$491.2bNT$34.2b23.5x37.2x2.6x
Tue, 07 Oct 2025NT$1.3tNT$490.4bNT$33.4b23.6x37.7x2.6x
Thu, 04 Sep 2025NT$1.3tNT$484.8bNT$32.7b24.2x39.4x2.7x
Sat, 02 Aug 2025NT$1.1tNT$473.4bNT$39.4b17.6x29x2.4x
Mon, 30 Jun 2025NT$1.2tNT$472.5bNT$39.9b18x28.9x2.4x
Wed, 28 May 2025NT$1.1tNT$472.4bNT$39.9b18.1x28.3x2.4x
Fri, 25 Apr 2025NT$989.8bNT$460.6bNT$41.5b16.7x23.8x2.1x
Sun, 23 Mar 2025NT$1.2tNT$445.4bNT$40.4b19.8x30x2.7x
Tue, 18 Feb 2025NT$1.3tNT$442.1bNT$39.0b21.1x33.2x2.9x
Thu, 16 Jan 2025NT$1.2tNT$442.0bNT$39.0b19.9x29.7x2.6x
Sat, 14 Dec 2024NT$1.1tNT$440.8bNT$38.8b19.8x29.6x2.6x
Mon, 11 Nov 2024NT$1.2tNT$442.7bNT$40.6b19.7x29.7x2.7x
Wed, 09 Oct 2024NT$1.2tNT$439.8bNT$40.8b20x29.3x2.7x
Fri, 06 Sep 2024NT$1.1tNT$437.5bNT$40.6b19.3x26.7x2.5x
Sun, 04 Aug 2024NT$1.1tNT$434.2bNT$37.9b20.1x27.8x2.4x
Tue, 02 Jul 2024NT$1.1tNT$433.5bNT$37.9b20.1x29.7x2.6x
Thu, 30 May 2024NT$1.1tNT$427.4bNT$36.6b20.3x29.9x2.6x
Sat, 27 Apr 2024NT$1.1tNT$427.8bNT$32.5b22.3x32.5x2.5x
Mon, 25 Mar 2024NT$1.0tNT$424.3bNT$31.8b20.8x32.7x2.4x
Wed, 21 Feb 2024NT$973.1bNT$427.5bNT$30.4b19.9x32x2.3x
Fri, 19 Jan 2024NT$864.7bNT$427.4bNT$30.4b18.8x28.4x2x
Sun, 17 Dec 2023NT$892.2bNT$427.4bNT$30.4b19.1x29.3x2.1x
Tue, 14 Nov 2023NT$859.6bNT$429.6bNT$31.1b17.2x27.6x2x
Thu, 12 Oct 2023NT$855.2bNT$431.6bNT$31.6b18x27.1x2x
Sat, 09 Sep 2023NT$854.5bNT$431.6bNT$31.6b17.9x27.1x2x
Mon, 07 Aug 2023NT$876.6bNT$436.9bNT$33.6b17.1x26.1x2x
Wed, 05 Jul 2023NT$913.0bNT$438.1bNT$33.8b16.8x27x2.1x
Fri, 02 Jun 2023NT$841.4bNT$441.4bNT$36.4b15x23.1x1.9x
Sun, 30 Apr 2023NT$839.8bNT$439.8bNT$38.8b13.6x21.6x1.9x
Tue, 28 Mar 2023NT$828.0bNT$436.6bNT$39.1b13.6x21.2x1.9x
Thu, 23 Feb 2023NT$802.8bNT$442.2bNT$41.4b13x19.4x1.8x
Sat, 21 Jan 2023NT$723.6bNT$442.2bNT$41.4b12.1x17.5x1.6x
Price to Earnings Ratio

17.5x


Total Market Cap: NT$723.6bTotal Earnings: NT$41.4bTotal Revenue: NT$442.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 29x202420252026
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 37.6x which is higher than its 3-year average PE of 29.0x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 4.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% 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 Market0.55%
Industrials2.08%
Machinery2.32%
Construction Machinery and Vehicles3.59%
Industrial Machinery2.27%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 25.5x.
    • Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings decline of 3.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 3.5% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 35% 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$746.0031.3%
+NT$16.3b		160.8%PE113.1x
4583 Apex DynamicsNT$725.0012.6%
+NT$6.5b		-2.4%PE64.9x
2049 Hiwin TechnologiesNT$212.508.4%
+NT$5.8b		-24.1%PE53.9x
1590 Airtac International GroupNT$1.00k2.0%
+NT$4.0b		19.2%PE25.4x
6944 Mega Union TechnologyNT$785.006.8%
+NT$3.8b		96.0%PE28.6x

Latest News

1590
NT$1,000.00
Airtac International Group
7D
2.0%
1Y
19.2%

1590: Earnings Outlook And Margin Guidance Will Support A Balanced Long Term View

Analysts have kept their fair value estimate for Airtac International Group steady around $1,109.56, with only minor tweaks to assumptions such as a slightly higher discount rate, a small adjustment to revenue growth expectations, a marginally lower profit margin, and a nearly unchanged future P/E. This reflects broadly consistent views on the stock's long term outlook.
4583
NT$725.00
Apex Dynamics
7D
12.6%
1Y
-2.4%
3376
NT$219.00
Shin Zu Shing
7D
-1.8%
1Y
17.7%
2467
NT$254.50
C Sun Mfg
7D
-3.2%
1Y
36.8%
4912
NT$91.20
Lemtech Holdings
7D
-11.5%
1Y
-34.2%
2233
NT$240.00
TURVO International
7D
14.8%
1Y
6.9%
6831
NT$252.50
Taiwan Microloops
7D
-8.7%
1Y
152.8%
6977
NT$178.00
United Purification Technology
7D
-9.6%
1Y
300.9%
6944
NT$785.00
Mega Union Technology
7D
6.8%
1Y
96.0%
6125
NT$72.80
Kenmec Mechanical Engineering
7D
-2.5%
1Y
-14.9%
8996
NT$746.00
Kaori Heat Treatment
7D
31.3%
1Y
160.8%
4585
NT$352.00
Techman Robot
7D
5.1%
1Y
-28.1%
2049
NT$212.50
Hiwin Technologies
7D
8.4%
1Y
-24.1%
2421
NT$155.50
Sunonwealth Electric Machine Industry
7D
-0.6%
1Y
65.4%
2208
NT$21.65
CSBC
7D
9.9%
1Y
45.8%
7818
NT$108.50
Kemflo International
7D
-3.6%
1Y
n/a