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Taiwanese (TAIEX) Machinery Industry Analysis

UpdatedAug 15, 2024
DataAggregated Company Financials
Companies119
  • 7D4.0%
  • 3M-5.4%
  • 1Y20.2%
  • YTD11.2%

Over the last 7 days, the Machinery industry has risen 4.0%, driven by gains in Kinik and Apex Dynamics of 12% and 18%, respectively. In the same time, Hong-Wei Electrical Industry was down 5.1%. This means that the industry has gained 20% over the past year. Earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Aug 2024NT$1.1tNT$436.7bNT$39.3b19.2x26.8x2.4x
Sat, 13 Jul 2024NT$1.1tNT$433.5bNT$37.9b20.8x30.2x2.6x
Mon, 10 Jun 2024NT$1.1tNT$425.6bNT$37.2b20.6x29x2.5x
Wed, 08 May 2024NT$1.1tNT$429.3bNT$33.6b22x31.5x2.5x
Fri, 05 Apr 2024NT$1.1tNT$425.5bNT$32.5b22.7x32.9x2.5x
Sun, 03 Mar 2024NT$1.0tNT$427.8bNT$30.5b20.8x33.8x2.4x
Tue, 30 Jan 2024NT$900.4bNT$427.4bNT$30.4b19.3x29.6x2.1x
Thu, 28 Dec 2023NT$903.2bNT$427.4bNT$30.4b19.4x29.7x2.1x
Sat, 25 Nov 2023NT$905.0bNT$430.2bNT$30.2b17.9x29.9x2.1x
Mon, 23 Oct 2023NT$838.3bNT$432.5bNT$31.6b17x26.5x1.9x
Wed, 20 Sep 2023NT$849.9bNT$431.6bNT$31.6b18x26.9x2x
Fri, 18 Aug 2023NT$850.0bNT$433.1bNT$32.4b17.5x26.2x2x
Sun, 16 Jul 2023NT$897.1bNT$439.8bNT$33.9b17.6x26.5x2x
Tue, 13 Jun 2023NT$860.6bNT$437.6bNT$33.7b16.1x25.5x2x
Thu, 11 May 2023NT$817.7bNT$439.9bNT$38.6b13.8x21.2x1.9x
Sat, 08 Apr 2023NT$838.8bNT$435.9bNT$38.7b13.6x21.7x1.9x
Mon, 06 Mar 2023NT$803.6bNT$437.0bNT$40.6b13.1x19.8x1.8x
Wed, 01 Feb 2023NT$745.7bNT$442.2bNT$41.4b12.3x18x1.7x
Fri, 30 Dec 2022NT$691.4bNT$442.2bNT$41.4b12.1x16.7x1.6x
Sun, 27 Nov 2022NT$688.7bNT$442.2bNT$41.4b11.7x16.7x1.6x
Tue, 25 Oct 2022NT$606.7bNT$446.0bNT$40.1b12.3x15.1x1.4x
Thu, 22 Sep 2022NT$686.9bNT$445.2bNT$40.1b13.5x17.1x1.5x
Sat, 20 Aug 2022NT$704.0bNT$441.5bNT$39.8b13.7x17.7x1.6x
Mon, 18 Jul 2022NT$681.9bNT$444.4bNT$39.6b13.2x17.2x1.5x
Wed, 15 Jun 2022NT$741.7bNT$444.4bNT$39.6b14x18.7x1.7x
Fri, 13 May 2022NT$708.1bNT$450.0bNT$37.2b15.1x19.1x1.6x
Sun, 10 Apr 2022NT$763.0bNT$451.1bNT$36.5b16.4x20.9x1.7x
Tue, 08 Mar 2022NT$755.1bNT$441.6bNT$36.1b16.7x20.9x1.7x
Thu, 03 Feb 2022NT$763.1bNT$439.5bNT$35.0b15.7x21.8x1.7x
Sat, 01 Jan 2022NT$823.0bNT$439.6bNT$35.0b16.6x23.5x1.9x
Mon, 29 Nov 2021NT$743.1bNT$439.6bNT$35.0b15.7x21.2x1.7x
Wed, 27 Oct 2021NT$741.2bNT$424.2bNT$33.0b16.9x22.4x1.7x
Fri, 24 Sep 2021NT$767.6bNT$423.2bNT$32.9b17.6x23.3x1.8x
Sun, 22 Aug 2021NT$711.1bNT$422.3bNT$32.8b16.7x21.7x1.7x
Price to Earnings Ratio

21.7x


Total Market Cap: NT$711.1bTotal 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 26.8x 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 6.2% 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 Market3.54%
Industrials2.67%
Machinery4.03%
Construction Machinery and Vehicles9.42%
Industrial Machinery3.79%
Agricultural Machinery0%
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 23.0%, which is higher than its past year's earnings growth of 8.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 23% 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
1560 KinikNT$327.0015.1%
+NT$6.2b		156.5%PE49.3x
3376 Shin Zu ShingNT$225.0013.1%
+NT$4.9b		177.8%PE34.9x
8996 Kaori Heat TreatmentNT$336.0013.1%
+NT$3.5b		2.8%PE52.2x
4583 Apex DynamicsNT$392.0011.7%
+NT$3.3b		75.4%PE29.1x
2049 Hiwin TechnologiesNT$202.003.6%
+NT$2.5b		2.8%PE36.8x
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Latest News

1560

NT$327.00

Kinik

7D

15.1%

1Y

156.5%

2049

NT$202.00

Hiwin Technologies

7D

3.6%

1Y

2.8%

4583

NT$392.00

Apex Dynamics

7D

11.7%

1Y

75.4%

3376

NT$225.00

Shin Zu Shing

7D

13.1%

1Y

177.8%

9942

NT$111.50

NAK Sealing Technologies

7D

-3.9%

1Y

-17.7%

8996

NT$336.00

Kaori Heat Treatment

7D

13.1%

1Y

2.8%

Is Now The Time To Put Kaori Heat Treatment (TWSE:8996) On Your Watchlist?

Aug 14
Is Now The Time To Put Kaori Heat Treatment (TWSE:8996) On Your Watchlist?

1540

NT$38.45

Roundtop Machinery Industries

7D

-9.8%

1Y

106.7%

1583

NT$63.50

Goodway Machine

7D

-4.5%

1Y

0.2%

Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00

Aug 13
Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00

2421

NT$91.60

Sunonwealth Electric Machine Industry

7D

-3.0%

1Y

-37.9%

NT$134: That's What Analysts Think Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421) Is Worth After Its Latest Results

Aug 11
NT$134: That's What Analysts Think Sunonwealth Electric Machine Industry Co., Ltd. (TWSE:2421) Is Worth After Its Latest Results

2208

NT$17.85

CSBC

7D

10.9%

1Y

-15.8%

1515

NT$36.75

Rexon IndustrialLtd

7D

-5.0%

1Y

-3.3%

7750

NT$395.00

Syntec Technology

7D

-1.1%

1Y

n/a

4565

NT$102.00

Hong-Wei Electrical Industry

7D

-2.9%

1Y

109.7%

1590

NT$805.00

Airtac International Group

7D

1.4%

1Y

-10.9%

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

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

2467

NT$184.50

C Sun Mfg

7D

9.8%

1Y

310.9%

4510

NT$38.65

Kao Fong Machinery

7D

-9.2%

1Y

132.8%