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Taiwanese (TAIEX) Materials Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies175
  • 7D-3.5%
  • 3M-14.0%
  • 1Y-23.3%
  • YTD-23.9%

Over the last 7 days, the Materials industry has dropped 3.5%, driven by a pullback from Nan Ya Plastics of 7.6%. Meanwhile, Evergreen Steel actually outperformed within the industry, gaining 10% in the last week. However, the industry is down 23% over the past year. Looking forward, earnings are forecast to grow by 47% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NT$3.1tNT$3.1tNT$85.7b19.4x36.1x1x
Tue, 19 Nov 2024NT$3.5tNT$3.1tNT$86.0b20.2x40.2x1.1x
Thu, 17 Oct 2024NT$3.5tNT$3.1tNT$113.3b20.7x31.2x1.1x
Sat, 14 Sep 2024NT$3.5tNT$3.1tNT$113.2b21.5x30.9x1.1x
Mon, 12 Aug 2024NT$3.6tNT$3.1tNT$111.9b21.4x32.3x1.2x
Wed, 10 Jul 2024NT$3.8tNT$3.0tNT$108.8b22x34.9x1.3x
Fri, 07 Jun 2024NT$3.8tNT$3.0tNT$109.1b20.8x34.9x1.3x
Sun, 05 May 2024NT$4.0tNT$3.0tNT$100.2b23.1x39.8x1.3x
Tue, 02 Apr 2024NT$3.9tNT$3.0tNT$101.3b21.8x38.5x1.3x
Thu, 29 Feb 2024NT$3.9tNT$3.1tNT$76.0b21x51.5x1.3x
Sat, 27 Jan 2024NT$3.9tNT$3.1tNT$76.0b20.4x50.9x1.3x
Mon, 25 Dec 2023NT$4.0tNT$3.1tNT$76.0b20.1x52.9x1.3x
Wed, 22 Nov 2023NT$4.0tNT$3.1tNT$78.2b21x51.5x1.3x
Fri, 20 Oct 2023NT$3.8tNT$3.1tNT$72.3b18.4x53.2x1.2x
Sun, 17 Sep 2023NT$4.0tNT$3.1tNT$70.5b19.3x56.9x1.3x
Tue, 15 Aug 2023NT$3.9tNT$3.2tNT$79.7b18.9x49.5x1.2x
Thu, 13 Jul 2023NT$4.0tNT$3.3tNT$131.4b19.6x30.7x1.2x
Sat, 10 Jun 2023NT$4.3tNT$3.3tNT$135.7b19.4x31.6x1.3x
Mon, 08 May 2023NT$4.2tNT$3.5tNT$204.0b16.8x20.7x1.2x
Wed, 05 Apr 2023NT$4.2tNT$3.5tNT$205.0b16.4x20.3x1.2x
Fri, 03 Mar 2023NT$4.2tNT$3.6tNT$279.6b14.2x14.9x1.1x
Sun, 29 Jan 2023NT$4.1tNT$3.7tNT$310.0b12.8x13.1x1.1x
Tue, 27 Dec 2022NT$3.9tNT$3.7tNT$310.0b12.9x12.7x1.1x
Thu, 24 Nov 2022NT$3.9tNT$3.7tNT$309.8b12.4x12.7x1.1x
Sat, 22 Oct 2022NT$3.6tNT$3.8tNT$390.9b10.9x9.3x1x
Mon, 19 Sep 2022NT$3.9tNT$3.8tNT$390.8b12x10.1x1x
Wed, 17 Aug 2022NT$4.0tNT$3.7tNT$396.2b12x10.2x1.1x
Fri, 15 Jul 2022NT$3.8tNT$3.7tNT$432.5b11.4x8.8x1x
Sun, 12 Jun 2022NT$4.5tNT$3.7tNT$432.1b13.5x10.5x1.2x
Tue, 10 May 2022NT$4.5tNT$3.7tNT$439.3b13.9x10.3x1.2x
Thu, 07 Apr 2022NT$5.0tNT$3.6tNT$446.7b14.9x11.1x1.4x
Sat, 05 Mar 2022NT$4.9tNT$3.4tNT$435.5b15x11.2x1.4x
Mon, 31 Jan 2022NT$4.6tNT$3.4tNT$420.8b13.9x10.9x1.4x
Wed, 29 Dec 2021NT$4.7tNT$3.4tNT$420.8b15.1x11.3x1.4x
Price to Earnings Ratio

11.3x


Total Market Cap: NT$4.7tTotal Earnings: NT$420.8bTotal Revenue: NT$3.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Materials Sector Price to Earnings3Y Average 27.7x202220232024
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 36.1x which is higher than its 3-year average PE of 27.7x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 41% per year over the last three years,
  • Revenues have also declined 2.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Taiwanese Materials sector?

TW Market-2.11%
Materials-3.53%
Packaging-1.54%
Metals and Mining-2.35%
Basic Materials-3.01%
Paper and Forestry Products-4.08%
Chemicals-4.44%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 52.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Packaging industry, which is trading close to its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 68% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 4.7% 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
2211 Evergreen SteelNT$117.0010.4%
+NT$4.6b		13.0%PE19.6x
4772 Taiwan Speciality ChemicalsNT$167.004.4%
+NT$1.0b		95.1%PE73.6x
9939 Taiwan Hon Chuan EnterpriseNT$146.002.1%
+NT$863.4m		18.7%PE14.7x
2108 NANTEX IndustryNT$32.802.5%
+NT$393.9m		-12.8%PE32.9x
6585 DingZing Advanced MaterialsNT$139.502.6%
+NT$250.1m		5.7%PE14x
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1326

NT$28.75

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7D

-5.6%

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-53.2%

6434

NT$3.62

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7D

11.0%

1Y

-7.7%

2108

NT$32.80

NANTEX Industry

7D

2.5%

1Y

-12.8%

1101

NT$31.85

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7D

-2.9%

1Y

-7.1%

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4763

NT$889.00

Jinan Acetate Chemical

7D

-5.3%

1Y

22.9%

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Dec 12
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1303

NT$31.05

Nan Ya Plastics

7D

-7.6%

1Y

-52.3%

1301

NT$36.70

Formosa Plastics

7D

-3.4%

1Y

-53.4%

2027

NT$29.85

Ta Chen Stainless Pipe

7D

-7.0%

1Y

-23.9%

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Dec 10
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2002

NT$19.90

China Steel

7D

-1.7%

1Y

-25.6%

1102

NT$41.45

Asia Cement

7D

-3.0%

1Y

3.0%

2211

NT$117.00

Evergreen Steel

7D

10.4%

1Y

13.0%

9939

NT$146.00

Taiwan Hon Chuan Enterprise

7D

2.1%

1Y

18.7%

4772

NT$167.00

Taiwan Speciality Chemicals

7D

4.4%

1Y

95.1%

6585

NT$139.50

DingZing Advanced Materials

7D

2.6%

1Y

5.7%

1773

NT$157.50

Shiny Chemical Industrial

7D

0.6%

1Y

18.0%

9957

NT$6.30

Yieh United Steel

7D

0.8%

1Y

-16.2%