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May 22
Taiwanese (TAIEX) Machinery Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies119
- 7D1.3%
- 3M9.5%
- 1Y25.5%
- YTD20.5%
The Machinery industry is up 2.7% in the last week, with C Sun Mfg up 22%. In the last 12 months, the industry was up 26%. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Taiwanese Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | NT$1.1t | NT$427.4b | NT$36.6b | 20.7x | 30.1x | 2.6x |
| Sat, 20 Apr 2024 | NT$1.1t | NT$424.7b | NT$32.3b | 21.9x | 32.6x | 2.5x |
| Mon, 18 Mar 2024 | NT$993.6b | NT$423.9b | NT$31.6b | 20.1x | 31.4x | 2.3x |
| Wed, 14 Feb 2024 | NT$925.5b | NT$427.5b | NT$30.4b | 19.3x | 30.5x | 2.2x |
| Fri, 12 Jan 2024 | NT$880.4b | NT$427.4b | NT$30.4b | 19.3x | 29x | 2.1x |
| Sun, 10 Dec 2023 | NT$894.7b | NT$427.4b | NT$30.4b | 19x | 29.4x | 2.1x |
| Tue, 07 Nov 2023 | NT$863.3b | NT$431.8b | NT$31.4b | 17.1x | 27.5x | 2x |
| Thu, 05 Oct 2023 | NT$873.4b | NT$431.6b | NT$31.6b | 17.7x | 27.7x | 2x |
| Sat, 02 Sep 2023 | NT$857.4b | NT$432.2b | NT$31.6b | 17.9x | 27.1x | 2x |
| Mon, 31 Jul 2023 | NT$883.8b | NT$438.9b | NT$33.7b | 17.5x | 26.2x | 2x |
| Wed, 28 Jun 2023 | NT$877.2b | NT$438.1b | NT$33.8b | 16.7x | 26x | 2x |
| Fri, 26 May 2023 | NT$846.6b | NT$449.1b | NT$38.9b | 13.8x | 21.8x | 1.9x |
| Sun, 23 Apr 2023 | NT$828.4b | NT$436.4b | NT$39.0b | 13.2x | 21.3x | 1.9x |
| Tue, 21 Mar 2023 | NT$815.8b | NT$436.4b | NT$39.4b | 13.1x | 20.7x | 1.9x |
| Thu, 16 Feb 2023 | NT$774.1b | NT$442.2b | NT$41.4b | 12.8x | 18.7x | 1.8x |
| Sat, 14 Jan 2023 | NT$708.9b | NT$442.2b | NT$41.4b | 12.1x | 17.1x | 1.6x |
| Mon, 12 Dec 2022 | NT$709.3b | NT$442.2b | NT$41.4b | 12.3x | 17.1x | 1.6x |
| Wed, 09 Nov 2022 | NT$658.1b | NT$444.2b | NT$41.4b | 12.2x | 15.9x | 1.5x |
| Fri, 07 Oct 2022 | NT$657.4b | NT$445.2b | NT$40.1b | 13x | 16.4x | 1.5x |
| Sun, 04 Sep 2022 | NT$694.8b | NT$444.5b | NT$39.9b | 13.9x | 17.4x | 1.6x |
| Tue, 02 Aug 2022 | NT$684.8b | NT$444.7b | NT$40.0b | 13.5x | 17.1x | 1.5x |
| Thu, 30 Jun 2022 | NT$735.5b | NT$445.1b | NT$39.7b | 13.4x | 18.5x | 1.7x |
| Sat, 28 May 2022 | NT$703.9b | NT$444.2b | NT$39.7b | 14.1x | 17.7x | 1.6x |
| Mon, 25 Apr 2022 | NT$728.8b | NT$450.5b | NT$36.5b | 16.2x | 20x | 1.6x |
| Wed, 23 Mar 2022 | NT$768.1b | NT$445.4b | NT$36.1b | 16.6x | 21.3x | 1.7x |
| Fri, 18 Feb 2022 | NT$785.6b | NT$439.5b | NT$35.0b | 16.5x | 22.4x | 1.8x |
| Sun, 16 Jan 2022 | NT$780.2b | NT$439.6b | NT$35.0b | 15.8x | 22.3x | 1.8x |
| Tue, 14 Dec 2021 | NT$776.6b | NT$439.6b | NT$35.0b | 15.8x | 22.2x | 1.8x |
| Thu, 11 Nov 2021 | NT$721.0b | NT$432.3b | NT$34.2b | 16.9x | 21.1x | 1.7x |
| Sat, 09 Oct 2021 | NT$720.0b | NT$423.2b | NT$32.9b | 17.1x | 21.9x | 1.7x |
| Mon, 06 Sep 2021 | NT$739.1b | NT$422.3b | NT$32.8b | 17.2x | 22.5x | 1.8x |
| Wed, 04 Aug 2021 | NT$764.4b | NT$422.3b | NT$32.8b | 18.3x | 23.3x | 1.8x |
Price to Earnings Ratio
26.2x
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 30.2x which is higher than its 3-year average PE of 23.1x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 7.8% per year over the last three years.
- Revenues for these companies have grown 2.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Taiwanese Industrials industry?
| TW Market | 1.91% | |
| Industrials | 0.49% | |
| Machinery | 1.35% | |
| Industrial Machinery | 1.59% | |
| Agricultural Machinery | 0% | |
| Construction Machinery and Vehicles | -4.01% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.6x.
- Analysts are expecting annual earnings growth of 20.7%, which is higher than its past year's earnings growth of 5.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings growth rate of 5.8% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3376 Shin Zu Shing | NT$206.00 | 14.1% +NT$4.8b | 123.2% | PE38.8x | |
| 6125 Kenmec Mechanical Engineering | NT$104.00 | 14.5% +NT$3.3b | 231.7% | PE35.1x | |
| 1560 Kinik | NT$262.50 | 8.7% +NT$3.0b | 135.4% | PE40.9x | |
| 2464 Mirle Automation | NT$61.30 | 20.2% +NT$2.0b | 63.0% | PE68.2x | |
| 2049 Hiwin Technologies | NT$236.50 | 2.2% +NT$1.8b | 0% | PE42.2x |
