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Taiwanese (TAIEX) Materials Sector Analysis

UpdatedDec 03, 2024
DataAggregated Company Financials
Companies175
  • 7D-3.3%
  • 3M-7.2%
  • 1Y-17.9%
  • YTD-17.8%

The Materials industry is down 2.1% over the last week with Formosa Plastics the worst performer, down 6.1%. Overall the industry is down 17% in 12 months. As for the next few years, earnings are expected to grow by 49% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Dec 2024NT$3.3tNT$3.1tNT$85.8b19.7x39x1.1x
Thu, 31 Oct 2024NT$3.5tNT$3.1tNT$113.5b20.8x30.9x1.1x
Sat, 28 Sep 2024NT$3.8tNT$3.1tNT$113.3b22.9x33.2x1.2x
Mon, 26 Aug 2024NT$3.6tNT$3.1tNT$112.9b21.9x32.1x1.2x
Wed, 24 Jul 2024NT$3.8tNT$3.0tNT$108.9b22.5x35x1.3x
Fri, 21 Jun 2024NT$3.9tNT$3.0tNT$108.6b21.2x36x1.3x
Sun, 19 May 2024NT$4.0tNT$3.0tNT$108.4b21.5x36.9x1.3x
Tue, 16 Apr 2024NT$3.9tNT$3.0tNT$101.0b22.4x38.9x1.3x
Thu, 14 Mar 2024NT$3.8tNT$3.0tNT$98.4b20.7x39x1.3x
Sat, 10 Feb 2024NT$3.9tNT$3.1tNT$75.9b20.4x50.8x1.3x
Mon, 08 Jan 2024NT$4.0tNT$3.1tNT$76.0b19.8x52.9x1.3x
Wed, 06 Dec 2023NT$4.1tNT$3.1tNT$76.0b20.3x53.4x1.3x
Fri, 03 Nov 2023NT$3.8tNT$3.1tNT$72.6b18.4x52.1x1.2x
Sun, 01 Oct 2023NT$3.9tNT$3.1tNT$72.3b18.9x53.5x1.2x
Tue, 29 Aug 2023NT$3.8tNT$3.1tNT$69.6b19.1x55.2x1.2x
Thu, 27 Jul 2023NT$4.1tNT$3.3tNT$130.4b19.7x31.3x1.2x
Sat, 24 Jun 2023NT$4.3tNT$3.3tNT$131.8b19.6x32.3x1.3x
Mon, 22 May 2023NT$4.2tNT$3.4tNT$177.3b16.6x23.9x1.2x
Wed, 19 Apr 2023NT$4.2tNT$3.5tNT$203.6b16.7x20.7x1.2x
Fri, 17 Mar 2023NT$4.1tNT$3.6tNT$216.7b15.1x18.8x1.1x
Sun, 12 Feb 2023NT$4.1tNT$3.7tNT$310.0b13.3x13.2x1.1x
Tue, 10 Jan 2023NT$4.0tNT$3.7tNT$310.0b12.9x13x1.1x
Thu, 08 Dec 2022NT$4.0tNT$3.7tNT$310.0b12.6x12.8x1.1x
Sat, 05 Nov 2022NT$3.7tNT$3.8tNT$390.4b10.9x9.4x1x
Mon, 03 Oct 2022NT$3.7tNT$3.8tNT$390.9b11.4x9.6x1x
Wed, 31 Aug 2022NT$4.0tNT$3.8tNT$392.0b12x10.2x1.1x
Fri, 29 Jul 2022NT$3.9tNT$3.7tNT$432.5b12.1x9x1x
Sun, 26 Jun 2022NT$4.3tNT$3.7tNT$432.5b12x10x1.2x
Tue, 24 May 2022NT$4.5tNT$3.7tNT$432.4b13.4x10.3x1.2x
Thu, 21 Apr 2022NT$4.8tNT$3.6tNT$446.7b14.8x10.8x1.3x
Sat, 19 Mar 2022NT$4.9tNT$3.6tNT$439.5b14.2x11.1x1.4x
Mon, 14 Feb 2022NT$4.8tNT$3.4tNT$420.8b14.8x11.3x1.4x
Wed, 12 Jan 2022NT$4.7tNT$3.4tNT$420.8b14.6x11.2x1.4x
Fri, 10 Dec 2021NT$4.7tNT$3.4tNT$420.8b14.7x11.1x1.4x
Price to Earnings Ratio

11.1x


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 27.1x202220232024
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 39.0x which is higher than its 3-year average PE of 27.1x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.1x.
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-0.96%
Materials-3.27%
Basic Materials-1.80%
Paper and Forestry Products-1.92%
Packaging-2.11%
Metals and Mining-3.62%
Chemicals-3.73%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 51.6x.
    • 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 16.2x.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 70% 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 4.6% 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
4763 Jinan Acetate ChemicalNT$897.002.7%
+NT$2.4b		14.9%PE11.6x
4755 San Fu ChemicalNT$132.507.3%
+NT$906.4m		2.3%PE29.9x
4766 Nan Pao Resins ChemicalNT$331.500.9%
+NT$361.7m		30.3%PE15.1x
8444 Green River HoldingNT$32.0011.9%
+NT$339.9m		-7.4%PS0.6x
4303 HsinLi Chemical IndustrialNT$55.808.3%
+NT$339.0m		186.9%PE12.3x
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Latest News

5234

NT$198.50

Daxin Materials

7D

-16.9%

1Y

97.5%

2002

NT$21.20

China Steel

7D

-4.9%

1Y

-18.6%

1101

NT$33.30

TCC Group Holdings

7D

-1.8%

1Y

-2.2%

4755

NT$132.50

San Fu Chemical

7D

7.3%

1Y

2.3%

1102

NT$42.90

Asia Cement

7D

-2.3%

1Y

2.8%

4763

NT$897.00

Jinan Acetate Chemical

7D

2.7%

1Y

14.9%

Additional Considerations Required While Assessing Jinan Acetate Chemical's (TWSE:4763) Strong Earnings

Nov 21
Additional Considerations Required While Assessing Jinan Acetate Chemical's (TWSE:4763) Strong Earnings

1326

NT$33.70

Formosa Chemicals & Fibre

7D

-6.9%

1Y

-47.1%

There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

4303

NT$55.80

HsinLi Chemical Industrial

7D

8.3%

1Y

186.9%

8444

NT$32.00

Green River Holding

7D

11.9%

1Y

-7.4%

2211

NT$97.80

Evergreen Steel

7D

-6.0%

1Y

12.5%

4766

NT$331.50

Nan Pao Resins Chemical

7D

0.9%

1Y

30.3%

1303

NT$39.05

Nan Ya Plastics

7D

-3.2%

1Y

-43.2%

6175

NT$43.10

Liton Technology

7D

5.1%

1Y

12.1%

1712

NT$45.60

Sinon

7D

1.6%

1Y

20.6%

1301

NT$41.20

Formosa Plastics

7D

-6.3%

1Y

-49.1%

6990

NT$34.00

Plum-Monix Industry

7D

16.4%

1Y

-7.3%