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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedAug 10, 2024
DataAggregated Company Financials
Companies119
  • 7D-1.9%
  • 3M-6.3%
  • 1Y16.5%
  • YTD8.9%

Over the last 7 days, the Machinery industry has dropped 1.9%, driven by a pullback from Airtac International Group of 3.0%. In contrast, Apex Dynamics has gained 13%. In the past year, the industry has gained 17%. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Aug 2024NT$1.0tNT$436.3bNT$38.0b19.5x27.2x2.4x
Tue, 09 Jul 2024NT$1.2tNT$433.5bNT$37.9b21.2x30.5x2.7x
Thu, 06 Jun 2024NT$1.1tNT$425.6bNT$37.2b20.4x28.9x2.5x
Sat, 04 May 2024NT$1.1tNT$427.0bNT$33.1b22.1x31.8x2.5x
Mon, 01 Apr 2024NT$1.1tNT$426.0bNT$32.3b22.1x32.9x2.5x
Wed, 28 Feb 2024NT$1.0tNT$427.6bNT$30.6b20.6x32.7x2.3x
Fri, 26 Jan 2024NT$886.3bNT$427.4bNT$30.4b19.1x29.2x2.1x
Sun, 24 Dec 2023NT$895.1bNT$427.4bNT$30.4b19.2x29.4x2.1x
Tue, 21 Nov 2023NT$892.3bNT$431.6bNT$31.5b18x28.3x2.1x
Thu, 19 Oct 2023NT$859.9bNT$431.6bNT$31.6b17.4x27.3x2x
Sat, 16 Sep 2023NT$860.5bNT$431.6bNT$31.6b18.1x27.3x2x
Mon, 14 Aug 2023NT$846.6bNT$436.0bNT$32.7b17x25.9x1.9x
Wed, 12 Jul 2023NT$898.0bNT$437.5bNT$33.6b16.9x26.7x2.1x
Fri, 09 Jun 2023NT$852.1bNT$436.8bNT$33.6b16.3x25.4x2x
Sun, 07 May 2023NT$832.2bNT$440.0bNT$38.8b13.5x21.5x1.9x
Tue, 04 Apr 2023NT$838.3bNT$436.2bNT$38.7b13.7x21.7x1.9x
Thu, 02 Mar 2023NT$804.6bNT$436.8bNT$40.7b13x19.8x1.8x
Sat, 28 Jan 2023NT$723.6bNT$442.2bNT$41.4b12.1x17.5x1.6x
Mon, 26 Dec 2022NT$694.8bNT$442.2bNT$41.4b12x16.8x1.6x
Wed, 23 Nov 2022NT$670.7bNT$442.2bNT$41.4b11.6x16.2x1.5x
Fri, 21 Oct 2022NT$612.2bNT$446.0bNT$40.1b12.4x15.2x1.4x
Sun, 18 Sep 2022NT$694.3bNT$445.2bNT$40.1b13.7x17.3x1.6x
Tue, 16 Aug 2022NT$694.0bNT$442.7bNT$39.6b13.7x17.5x1.6x
Thu, 14 Jul 2022NT$672.4bNT$444.4bNT$39.6b13x17x1.5x
Sat, 11 Jun 2022NT$756.3bNT$444.4bNT$39.6b14.2x19.1x1.7x
Mon, 09 May 2022NT$713.8bNT$449.6bNT$36.8b15.5x19.4x1.6x
Wed, 06 Apr 2022NT$766.7bNT$451.1bNT$36.6b16.5x21x1.7x
Fri, 04 Mar 2022NT$777.9bNT$442.1bNT$35.4b16.8x22x1.8x
Sun, 30 Jan 2022NT$763.0bNT$439.6bNT$35.0b15.7x21.8x1.7x
Tue, 28 Dec 2021NT$808.9bNT$439.6bNT$35.0b15.8x23.1x1.8x
Thu, 25 Nov 2021NT$755.7bNT$439.4bNT$35.1b15.6x21.5x1.7x
Sat, 23 Oct 2021NT$731.1bNT$424.2bNT$33.0b16.9x22.1x1.7x
Mon, 20 Sep 2021NT$774.8bNT$423.2bNT$32.9b17.9x23.5x1.8x
Wed, 18 Aug 2021NT$732.3bNT$422.3bNT$32.8b16.9x22.3x1.7x
Price to Earnings Ratio

22.3x


Total Market Cap: NT$732.3bTotal Earnings: NT$32.8bTotal Revenue: NT$422.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Machinery Industry Price to Earnings3Y Average 23.4x202220232024
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 27.2x which is higher than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 5.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Taiwanese Industrials industry?

TW Market-0.92%
Industrials-2.72%
Machinery-1.91%
Agricultural Machinery0%
Industrial Machinery-1.84%
Construction Machinery and Vehicles-3.55%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 20.8x.
    • Analysts are expecting annual earnings growth of 22.4%, which is higher than its past year's earnings growth of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 22% 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
4583 Apex DynamicsNT$386.0012.5%
+NT$3.4b		71.9%PE28.6x
3376 Shin Zu ShingNT$207.504.8%
+NT$1.8b		147.6%PE32.2x
1597 Chieftek PrecisionNT$117.5020.8%
+NT$1.8b		74.3%PE142.9x
2476 G-SHANK EnterpriseNT$101.006.8%
+NT$1.3b		115.1%PE24.4x
7750 Syntec TechnologyNT$422.004.5%
+NT$1.2b		n/aPE42.5x
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Latest News

4532

NT$25.80

Rechi Precision

7D

-12.2%

1Y

18.3%

4540

NT$43.10

Tbi Motion Technology

7D

18.7%

1Y

24.9%

Is Tbi Motion Technology (TWSE:4540) A Risky Investment?

Aug 09
Is Tbi Motion Technology (TWSE:4540) A Risky Investment?

1597

NT$117.50

Chieftek Precision

7D

20.8%

1Y

74.3%

4583

NT$386.00

Apex Dynamics

7D

12.5%

1Y

71.9%

2421

NT$92.20

Sunonwealth Electric Machine Industry

7D

-4.9%

1Y

-29.1%

7750

NT$422.00

Syntec Technology

7D

4.5%

1Y

n/a

6125

NT$92.20

Kenmec Mechanical Engineering

7D

-7.2%

1Y

32.1%

3305

NT$64.10

Shenmao Technology

7D

-12.8%

1Y

1.9%

2476

NT$101.00

G-SHANK Enterprise

7D

6.8%

1Y

115.1%

8996

NT$314.00

Kaori Heat Treatment

7D

-4.3%

1Y

7.5%

3376

NT$207.50

Shin Zu Shing

7D

4.8%

1Y

147.6%

2049

NT$198.50

Hiwin Technologies

7D

-2.5%

1Y

1.3%

1590

NT$802.00

Airtac International Group

7D

-3.0%

1Y

-15.3%

Airtac International Group (TWSE:1590) Has A Pretty Healthy Balance Sheet

Aug 05
Airtac International Group (TWSE:1590) Has A Pretty Healthy Balance Sheet

1560

NT$292.00

Kinik

7D

2.5%

1Y

132.7%

4562

NT$76.20

Ying Han Technology

7D

14.6%

1Y

379.2%

6944

NT$365.50

Mega Union Technology

7D

-5.8%

1Y

193.5%