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Taiwanese (TAIEX) Materials Sector Analysis

UpdatedNov 27, 2023
DataAggregated Company Financials
Companies175
  • 7D0.8%
  • 3M3.4%
  • 1Y0.3%
  • YTD0.9%

In the last week, the Materials industry is flat overall, with Jinan Acetate Chemical standing out by going down 11%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 60% annually.

Sector Valuation and Performance

Has the Taiwanese Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 Nov 2023NT$4.0tNT$3.1tNT$76.7b20.5x52.3x1.3x
Thu, 26 Oct 2023NT$3.8tNT$3.1tNT$72.3b18.9x52.6x1.2x
Sat, 23 Sep 2023NT$3.9tNT$3.1tNT$70.5b19.5x55.6x1.3x
Mon, 21 Aug 2023NT$3.9tNT$3.1tNT$69.9b19.3x55.3x1.2x
Wed, 19 Jul 2023NT$4.1tNT$3.3tNT$130.7b19.4x31.1x1.2x
Fri, 16 Jun 2023NT$4.3tNT$3.4tNT$133.7b19.8x31.9x1.3x
Sun, 14 May 2023NT$4.1tNT$3.4tNT$179.0b16.5x23.1x1.2x
Tue, 11 Apr 2023NT$4.2tNT$3.5tNT$203.8b16.4x20.4x1.2x
Thu, 09 Mar 2023NT$4.2tNT$3.6tNT$268.2b15.1x15.7x1.2x
Sat, 04 Feb 2023NT$4.1tNT$3.7tNT$310.0b13.4x13.3x1.1x
Mon, 02 Jan 2023NT$3.9tNT$3.7tNT$310.0b12.7x12.6x1.1x
Wed, 30 Nov 2022NT$4.0tNT$3.7tNT$310.0b12.6x12.8x1.1x
Fri, 28 Oct 2022NT$3.7tNT$3.8tNT$390.9b11x9.4x1x
Sun, 25 Sep 2022NT$3.9tNT$3.8tNT$390.8b12x9.9x1x
Tue, 23 Aug 2022NT$4.1tNT$3.8tNT$392.0b12.1x10.4x1.1x
Thu, 21 Jul 2022NT$3.9tNT$3.7tNT$432.5b11.9x8.9x1x
Sat, 18 Jun 2022NT$4.4tNT$3.7tNT$432.5b12.5x10.2x1.2x
Mon, 16 May 2022NT$4.4tNT$3.7tNT$433.5b14x10.1x1.2x
Wed, 13 Apr 2022NT$4.9tNT$3.6tNT$446.7b14.8x10.9x1.3x
Fri, 11 Mar 2022NT$4.8tNT$3.5tNT$428.7b14.8x11.2x1.4x
Sun, 06 Feb 2022NT$4.6tNT$3.4tNT$420.8b13.9x10.9x1.4x
Tue, 04 Jan 2022NT$4.7tNT$3.4tNT$420.8b15.3x11.3x1.4x
Thu, 02 Dec 2021NT$4.6tNT$3.4tNT$420.8b14.6x10.9x1.4x
Sat, 30 Oct 2021NT$4.6tNT$3.1tNT$377.1b15.2x12.2x1.5x
Mon, 27 Sep 2021NT$4.8tNT$3.1tNT$376.8b15.6x12.6x1.5x
Wed, 25 Aug 2021NT$4.6tNT$3.1tNT$376.8b15.2x12.3x1.5x
Thu, 01 Jul 2021NT$5.0tNT$3.1tNT$376.8b16.5x13.3x1.6x
Sun, 04 Apr 2021NT$4.2tNT$2.8tNT$278.8b15.3x15.1x1.5x
Wed, 06 Jan 2021NT$3.9tNT$2.6tNT$180.4b19.1x21.7x1.5x
Price to Earnings Ratio

27.5x


Total Market Cap: NT$3.6tTotal Earnings: NT$131.4bTotal Revenue: NT$2.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Materials Sector Price to Earnings3Y Average 19.3x202120222023
Current Industry PE
  • Investors are optimistic on the Taiwanese Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 52.3x which is higher than its 3-year average PE of 19.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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 Materials sector?

TW Market0.60%
Materials0.78%
Packaging2.81%
Metals and Mining2.30%
Basic Materials1.16%
Paper and Forestry Products0.56%
Chemicals-0.013%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 4.6x.
    • Analysts are expecting annual earnings growth of 75.7%, which is higher than its past year's earnings decline of 29.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 76% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 7.2% 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
2002 China SteelNT$26.153.4%
+NT$13.1b		-6.3%PS1.1x
1301 Formosa PlasticsNT$81.400.7%
+NT$3.8b		-8.6%PE182.1x
1101 Taiwan CementNT$33.951.0%
+NT$2.7b		2.9%PE31.5x
6534 CH Biotech R&DNT$111.0030.6%
+NT$2.7b		70.5%PE26.5x
1303 Nan Ya PlasticsNT$67.700.4%
+NT$2.4b		-10.9%PE97.5x
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Latest News

6534

NT$111.00

CH Biotech R&D

7D

30.6%

1Y

70.5%

4763

NT$848.00

Jinan Acetate Chemical

7D

-8.1%

1Y

457.7%

1101

NT$33.95

Taiwan Cement

7D

1.0%

1Y

2.9%

3645

NT$39.40

Taimide Tech

7D

-7.2%

1Y

25.1%

4770

NT$344.00

Allied Supreme

7D

-3.6%

1Y

12.8%

9939

NT$117.50

Taiwan Hon Chuan Enterprise

7D

7.3%

1Y

43.5%

2211

NT$79.50

Evergreen Steel

7D

5.4%

1Y

53.2%

1303

NT$67.70

Nan Ya Plastics

7D

0.4%

1Y

-10.9%

1301

NT$81.40

Formosa Plastics

7D

0.7%

1Y

-8.6%

4766

NT$251.00

Nan Pao Resins Chemical

7D

-4.6%

1Y

88.0%

2002

NT$26.15

China Steel

7D

3.4%

1Y

-6.3%

4768

NT$180.00

Ingentec

7D

-5.8%

1Y

-1.0%

1326

NT$63.30

Formosa Chemicals & Fibre

7D

-0.8%

1Y

-13.8%

2023

NT$16.90

Yieh Phui Enterprise

7D

7.6%

1Y

12.7%

1314

NT$9.79

China Petrochemical Development

7D

-1.1%

1Y

-1.8%