Narrative Update • May 13

The Industrial Machinery industry is up 1.9% in the last week, with Mirle Automation up 28%. In the same time, Kaori Heat Treatment was down 6.8%. This takes the industry's 12 month performance to a gain of 70%. As for the next few years, earnings are expected to grow by 30% per annum.
Has the Taiwanese Industrial Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 30 May 2026 | NT$2.0t | NT$475.3b | NT$44.1b | 30x | 45.3x | 4.2x |
| Mon, 27 Apr 2026 | NT$1.8t | NT$459.5b | NT$40.1b | 32.1x | 45.6x | 4x |
| Wed, 25 Mar 2026 | NT$1.4t | NT$472.7b | NT$41.8b | 25x | 33.4x | 3x |
| Fri, 20 Feb 2026 | NT$1.4t | NT$463.0b | NT$40.0b | 24x | 35.5x | 3.1x |
| Sun, 18 Jan 2026 | NT$1.4t | NT$463.1b | NT$40.0b | 25.2x | 34.4x | 3x |
| Tue, 16 Dec 2025 | NT$1.3t | NT$462.6b | NT$39.9b | 23.9x | 31.4x | 2.7x |
| Thu, 13 Nov 2025 | NT$1.2t | NT$459.3b | NT$38.6b | 24.1x | 31.3x | 2.6x |
| Sat, 11 Oct 2025 | NT$1.2t | NT$458.1b | NT$37.6b | 23.8x | 32.4x | 2.7x |
| Mon, 08 Sep 2025 | NT$1.2t | NT$454.6b | NT$37.2b | 23.2x | 33x | 2.7x |
| Wed, 06 Aug 2025 | NT$1.1t | NT$447.6b | NT$41.9b | 18.1x | 26.4x | 2.5x |
| Fri, 04 Jul 2025 | NT$1.1t | NT$446.5b | NT$42.7b | 17.6x | 26.2x | 2.5x |
| Sun, 01 Jun 2025 | NT$1.1t | NT$446.5b | NT$42.7b | 17.7x | 25.7x | 2.5x |
| Tue, 29 Apr 2025 | NT$986.4b | NT$435.5b | NT$44.0b | 17x | 22.4x | 2.3x |
| Thu, 27 Mar 2025 | NT$1.2t | NT$420.4b | NT$42.7b | 19.6x | 27.2x | 2.8x |
| Sat, 22 Feb 2025 | NT$1.3t | NT$415.7b | NT$40.1b | 20.8x | 31.4x | 3x |
| Mon, 20 Jan 2025 | NT$1.1t | NT$415.7b | NT$40.1b | 19.9x | 28.3x | 2.7x |
| Wed, 18 Dec 2024 | NT$1.1t | NT$320.6b | NT$31.8b | 20.3x | 35.3x | 3.5x |
| Fri, 15 Nov 2024 | NT$1.1t | NT$414.9b | NT$41.8b | 19x | 27x | 2.7x |
| Sun, 13 Oct 2024 | NT$1.2t | NT$411.1b | NT$42.1b | 19.7x | 27.7x | 2.8x |
| Tue, 10 Sep 2024 | NT$1.0t | NT$408.8b | NT$42.0b | 19.3x | 24.7x | 2.5x |
| Thu, 08 Aug 2024 | NT$967.4b | NT$405.0b | NT$40.2b | 19.3x | 24.1x | 2.4x |
| Sat, 06 Jul 2024 | NT$1.1t | NT$403.1b | NT$40.0b | 20.7x | 27.9x | 2.8x |
| Mon, 03 Jun 2024 | NT$1.0t | NT$395.9b | NT$38.9b | 20.7x | 26.7x | 2.6x |
| Wed, 01 May 2024 | NT$1.0t | NT$394.3b | NT$36.2b | 22.6x | 28.3x | 2.6x |
| Fri, 29 Mar 2024 | NT$1.0t | NT$393.8b | NT$35.6b | 21.5x | 28.6x | 2.6x |
| Sun, 25 Feb 2024 | NT$952.7b | NT$392.3b | NT$35.0b | 19.9x | 27.2x | 2.4x |
| Tue, 23 Jan 2024 | NT$847.7b | NT$392.1b | NT$34.8b | 18.6x | 24.3x | 2.2x |
| Thu, 21 Dec 2023 | NT$850.0b | NT$392.1b | NT$34.8b | 18.8x | 24.4x | 2.2x |
| Sat, 18 Nov 2023 | NT$848.8b | NT$397.7b | NT$36.3b | 17.2x | 23.4x | 2.1x |
| Mon, 16 Oct 2023 | NT$833.3b | NT$397.8b | NT$36.4b | 17.4x | 22.9x | 2.1x |
| Wed, 13 Sep 2023 | NT$796.8b | NT$397.8b | NT$36.4b | 17.5x | 21.9x | 2x |
| Fri, 11 Aug 2023 | NT$803.7b | NT$404.6b | NT$38.3b | 16.7x | 21x | 2x |
| Sun, 09 Jul 2023 | NT$842.9b | NT$405.9b | NT$38.4b | 16.5x | 21.9x | 2.1x |
| Tue, 06 Jun 2023 | NT$809.7b | NT$405.8b | NT$38.6b | 15.9x | 21x | 2x |
21x
How does Taiwanese Industrial Machinery compare with similar industries?
| TW Market | 5.65% | |
| Industrials | 0.96% | |
| Machinery | 0.71% | |
| Industrial Machinery | 0.76% | |
| Construction Machinery and Vehicles | -1.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2464 Mirle Automation | NT$184.50 | 28.1% +NT$8.4b | 211.7% | PS5.6x | |
| 2049 Hiwin Technologies | NT$389.00 | 3.3% +NT$4.4b | 73.3% | PE90.2x | |
| 1560 Kinik | NT$718.00 | 4.4% +NT$4.4b | 155.1% | PE70x | |
| 2467 C Sun Mfg | NT$619.00 | 2.7% +NT$2.4b | 309.9% | PE113.5x | |
| 6125 Kenmec Mechanical Engineering | NT$66.70 | 12.1% +NT$1.9b | -3.1% | PE471x |