Narrative Update • Sep 17

Over the last 7 days, the Materials industry has dropped 2.2%, driven by Formosa Chemicals & Fibre declining 3.0%. In the past year, the industry has gained 76%. As for the next few years, earnings are expected to grow by 47% per annum.
Has the Taiwanese Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 19 Sep 2026 | NT$5.4t | NT$3.0t | NT$145.3b | 17.5x | 37.2x | 1.8x |
| Mon, 17 Aug 2026 | NT$5.1t | NT$3.0t | NT$137.1b | 18.6x | 37x | 1.7x |
| Wed, 15 Jul 2026 | NT$5.2t | NT$2.9t | NT$47.2b | 25.3x | 111x | 1.8x |
| Fri, 12 Jun 2026 | NT$4.0t | NT$2.9t | NT$46.5b | 25.7x | 87x | 1.4x |
| Sun, 10 May 2026 | NT$4.0t | NT$2.9t | NT$22.2b | 23.7x | 180.3x | 1.4x |
| Tue, 07 Apr 2026 | NT$3.7t | NT$2.9t | NT$21.4b | 21.9x | 173x | 1.3x |
| Thu, 05 Mar 2026 | NT$3.6t | NT$3.0t | NT$29.0b | 20.1x | 124.4x | 1.2x |
| Sat, 31 Jan 2026 | NT$3.6t | NT$3.0t | NT$29.6b | 20.6x | 122.9x | 1.2x |
| Mon, 29 Dec 2025 | NT$3.2t | NT$3.0t | NT$29.6b | 19.6x | 108.8x | 1.1x |
| Wed, 26 Nov 2025 | NT$3.1t | NT$3.0t | NT$28.6b | 19.1x | 108.4x | 1x |
| Fri, 24 Oct 2025 | NT$3.1t | NT$3.1t | NT$32.9b | 22x | 95.3x | 1x |
| Sun, 21 Sep 2025 | NT$3.1t | NT$3.1t | NT$32.9b | 21.5x | 93.9x | 1x |
| Tue, 19 Aug 2025 | NT$3.2t | NT$3.1t | NT$33.1b | 21.9x | 96.9x | 1x |
| Thu, 17 Jul 2025 | NT$2.9t | NT$3.2t | NT$82.3b | 18.2x | 34.7x | 0.9x |
| Sat, 14 Jun 2025 | NT$3.0t | NT$3.2t | NT$82.3b | 18.2x | 36.2x | 0.9x |
| Mon, 12 May 2025 | NT$3.1t | NT$3.2t | NT$91.9b | 18.6x | 33.5x | 1x |
| Wed, 09 Apr 2025 | NT$2.9t | NT$3.2t | NT$92.2b | 17.1x | 31.3x | 0.9x |
| Fri, 07 Mar 2025 | NT$3.4t | NT$3.1t | NT$83.6b | 19.8x | 41x | 1.1x |
| Sun, 02 Feb 2025 | NT$3.1t | NT$3.1t | NT$85.6b | 19.9x | 36.6x | 1x |
| Tue, 31 Dec 2024 | NT$3.1t | NT$3.1t | NT$85.7b | 20.2x | 35.9x | 1x |
| Thu, 28 Nov 2024 | NT$3.4t | NT$3.1t | NT$85.8b | 20.4x | 39.5x | 1.1x |
| Sat, 26 Oct 2024 | NT$3.5t | NT$3.1t | NT$113.3b | 20.6x | 31.2x | 1.1x |
| Mon, 23 Sep 2024 | NT$3.6t | NT$3.1t | NT$113.2b | 21.9x | 31.8x | 1.2x |
| Wed, 21 Aug 2024 | NT$3.6t | NT$3.1t | NT$112.9b | 21.1x | 31.9x | 1.2x |
| Fri, 19 Jul 2024 | NT$3.9t | NT$3.0t | NT$108.9b | 22.6x | 35.6x | 1.3x |
| Sun, 16 Jun 2024 | NT$3.8t | NT$3.0t | NT$108.5b | 21.2x | 35.4x | 1.3x |
| Tue, 14 May 2024 | NT$4.0t | NT$3.0t | NT$102.8b | 21.1x | 38.7x | 1.3x |
| Thu, 11 Apr 2024 | NT$4.0t | NT$3.0t | NT$101.0b | 22.7x | 39.6x | 1.3x |
| Sat, 09 Mar 2024 | NT$3.8t | NT$3.0t | NT$88.0b | 20.7x | 43.5x | 1.3x |
| Mon, 05 Feb 2024 | NT$3.9t | NT$3.1t | NT$76.0b | 20.1x | 51.1x | 1.3x |
| Wed, 03 Jan 2024 | NT$4.1t | NT$3.1t | NT$76.0b | 20.1x | 53.3x | 1.3x |
| Fri, 01 Dec 2023 | NT$4.0t | NT$3.1t | NT$76.4b | 20.9x | 52.9x | 1.3x |
| Sun, 29 Oct 2023 | NT$3.8t | NT$3.1t | NT$72.0b | 18.7x | 52.5x | 1.2x |
| Tue, 26 Sep 2023 | NT$3.9t | NT$3.1t | NT$70.5b | 19.5x | 55.9x | 1.3x |
55.9x
Which industries have driven the changes within the Taiwanese Materials sector?
| TW Market | 2.27% | |
| Materials | 0.54% | |
| Chemicals | 0.73% | |
| Metals and Mining | 0.45% | |
| Paper and Forestry Products | -0.30% | |
| Basic Materials | -0.40% | |
| Packaging | -0.83% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1303 Nan Ya Plastics | NT$238.00 | 1.5% +NT$27.8b | 506.4% | PE38.4x | |
| 2006 Tung Ho Steel Enterprise | NT$87.60 | 6.2% +NT$3.7b | 47.0% | PE11.6x | |
| 1314 China Petrochemical Development | NT$8.96 | 10.3% +NT$3.2b | 20.9% | PS2.1x | |
| 1301 Formosa Plastics | NT$65.00 | 0.6% +NT$2.5b | 69.3% | PE39.6x | |
| 4772 Taiwan Speciality Chemicals | NT$250.00 | 6.8% +NT$2.4b | -19.1% | PE45.1x |