Taiwanese (TAIEX) Basic Materials Industry Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies13
- 7D2.0%
- 3M8.0%
- 1Y-12.9%
- YTD9.5%
The Basic Materials industry has been flat over the last week, but Sheng Yi DevelopmentLtd has lost 7.5%. Unfortunately though, the industry is down 14% over the past 12 months. Looking forward, earnings are forecast to grow by 38% annually.
Industry Valuation and Performance
Has the Taiwanese Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Mar 2023 | NT$535.7b | NT$267.5b | NT$25.4b | 15.3x | 21.1x | 2x |
| Tue, 21 Feb 2023 | NT$542.9b | NT$269.7b | NT$31.7b | 13.1x | 17.1x | 2x |
| Thu, 19 Jan 2023 | NT$517.2b | NT$269.7b | NT$31.7b | 11.2x | 16.3x | 1.9x |
| Sat, 17 Dec 2022 | NT$502.4b | NT$269.7b | NT$31.7b | 11x | 15.8x | 1.9x |
| Mon, 14 Nov 2022 | NT$470.6b | NT$265.3b | NT$32.9b | 14.2x | 14.3x | 1.8x |
| Wed, 12 Oct 2022 | NT$469.5b | NT$264.4b | NT$32.3b | 14.5x | 14.6x | 1.8x |
| Fri, 09 Sep 2022 | NT$532.6b | NT$261.2b | NT$32.3b | 15.1x | 16.5x | 2x |
| Sun, 07 Aug 2022 | NT$515.3b | NT$265.5b | NT$39.9b | 15.8x | 12.9x | 1.9x |
| Tue, 05 Jul 2022 | NT$501.3b | NT$265.2b | NT$39.9b | 15.4x | 12.6x | 1.9x |
| Thu, 02 Jun 2022 | NT$524.8b | NT$265.2b | NT$39.9b | 16.3x | 13.2x | 2x |
| Sat, 30 Apr 2022 | NT$570.2b | NT$262.6b | NT$41.0b | 15.4x | 13.9x | 2.2x |
| Mon, 28 Mar 2022 | NT$597.6b | NT$258.5b | NT$41.5b | 13.4x | 14.4x | 2.3x |
| Wed, 23 Feb 2022 | NT$572.5b | NT$265.9b | NT$43.4b | 12.2x | 13.2x | 2.2x |
| Fri, 21 Jan 2022 | NT$562.9b | NT$265.9b | NT$43.4b | 12.3x | 13x | 2.1x |
| Sun, 19 Dec 2021 | NT$562.8b | NT$265.9b | NT$43.4b | 12.8x | 13x | 2.1x |
| Tue, 16 Nov 2021 | NT$573.0b | NT$262.8b | NT$45.6b | 11.9x | 12.6x | 2.2x |
| Thu, 14 Oct 2021 | NT$580.4b | NT$265.1b | NT$49.7b | 10.4x | 11.7x | 2.2x |
| Sat, 11 Sep 2021 | NT$563.1b | NT$265.1b | NT$49.7b | 10.5x | 11.3x | 2.1x |
| Mon, 09 Aug 2021 | NT$582.3b | NT$265.1b | NT$49.7b | 11.3x | 11.7x | 2.2x |
| Sun, 02 May 2021 | NT$603.4b | NT$263.6b | NT$51.5b | 12.1x | 11.7x | 2.3x |
| Wed, 03 Feb 2021 | NT$460.4b | NT$253.8b | NT$48.3b | 10x | 9.5x | 1.8x |
| Sat, 07 Nov 2020 | NT$466.5b | NT$251.4b | NT$46.5b | 10.3x | 10x | 1.9x |
| Fri, 31 Jul 2020 | NT$468.1b | NT$256.6b | NT$44.6b | 11.2x | 10.5x | 1.8x |
| Mon, 04 May 2020 | NT$462.9b | NT$256.5b | NT$43.6b | 11.2x | 10.6x | 1.8x |
Price to Earnings Ratio
9.6x
Current Industry PE
- Investors are optimistic on the Taiwanese Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.9x which is higher than its 3-year average PE of 12.4x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 16% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 industry?
| TW Market | 3.01% | |
| Materials | 0.62% | |
| Basic Materials | 2.03% | |
| Construction Materials | 2.03% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1101 Taiwan Cement | NT$37.60 | 3.3% +NT$8.8b | -16.8% | PE54.5x | |
| 1102 Asia Cement | NT$43.00 | 0.8% +NT$1.2b | -10.9% | PE12.7x | |
| 1103 Chia Hsin Cement | NT$19.25 | 2.7% +NT$323.0m | -7.2% | PS5.5x | |
| 2504 Goldsun Building Materials | NT$27.80 | 0.5% +NT$176.5m | -4.3% | PE7.9x | |
| 9930 CHC Resources | NT$48.50 | 1.4% +NT$161.6m | 2.1% | PE16x |