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Taiwanese (TAIEX) Materials Sector Analysis

UpdatedNov 26, 2021
DataAggregated Company Financials
Companies169
  • 7D1.2%
  • 3M-1.2%
  • 1Y26.4%
  • YTD17.5%

Over the last 7 days, the Materials industry has remained flat. As for the the longer term, the industry is up 27% over the past 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Fri, 26 Nov 2021NT$4.7tNT$3.4tNT$421.6b14.8x
Sun, 24 Oct 2021NT$4.6tNT$3.1tNT$376.8b15.2x
Tue, 21 Sep 2021NT$4.8tNT$3.1tNT$376.8b15.7x
Thu, 19 Aug 2021NT$4.5tNT$3.1tNT$376.8b15.1x
Thu, 03 Jun 2021NT$4.7tNT$2.8tNT$278.8b16x
Sun, 07 Mar 2021NT$3.9tNT$2.6tNT$180.4b19x
Wed, 09 Dec 2020NT$3.6tNT$2.6tNT$131.4b18.9x
Tue, 01 Sep 2020NT$3.3tNT$2.7tNT$120.6b21.1x
Fri, 05 Jun 2020NT$3.2tNT$2.8tNT$142.6b18.5x
Mon, 09 Mar 2020NT$3.4tNT$2.9tNT$184.6b18.3x
Sun, 01 Dec 2019NT$3.5tNT$3.0tNT$183.4b18.9x
Wed, 04 Sep 2019NT$3.5tNT$3.1tNT$214.0b17.4x
Sat, 08 Jun 2019NT$3.8tNT$3.2tNT$253.0b16.8x
Fri, 01 Mar 2019NT$3.8tNT$3.2tNT$276.8b15.6x
Mon, 03 Dec 2018NT$3.6tNT$3.2tNT$326.8b13.6x
PE Ratio

13.6x

Total Market Cap: NT$3.6tTotal Earnings: NT$326.8bTotal Revenue: NT$3.2t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.3x. However, future earnings are expected to decline by 7.5% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the Materials industry have grown 8.9% 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 Materials sector?

Metals and Mining4.12%
Paper and Forestry Products2.34%
Chemicals0.97%
Packaging0.62%
Basic Materials-3.22%

Industry PE: Investors are most optimistic about the Paper and Forestry Products industry, which is trading close to its 3-year average PE ratio of 18.5x. However analysts are expecting annual earnings decline of 18%, which is lower than the prior year's growth of 101% per year. So the market might believe that analysts are underestimating future growth or they expect the Paper and Forestry Products industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Packaging industry, which is trading below its 3-year average of 13.3x.

Forecasted Growth: Analysts are most optimistic on the Packaging industry, expecting annual earnings growth of 8.0% over the next 5 years. However this is lower than its past earnings growth rate of 22% per year. Meanwhile, the Paper and Forestry Products industry is expected to see its earnings decline by 18% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
2027 Ta Chen Stainless Pipe9.3%+NT$7.8b77.8%PE12.7x
2002 China Steel1.4%+NT$6.9b42.8%PE10.3x
2014 Chung Hung Steel10.4%+NT$4.9b209.8%PE8.4x
2108 NANTEX Industry10.3%+NT$4.1b47.1%PE5.1x
4770 Allied Supreme12.9%+NT$2.2b109.7%PE21.6x
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4739

NT$142.50

Coremax

7D

-9.2%

1Y

137.1%