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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies92
  • 7D1.8%
  • 3M0.1%
  • 1Y-13.1%
  • YTD-16.4%

The Chemicals industry is up 1.8% in the last week, with Formosa Chemicals & Fibre up 2.1%. In the same time, Ingentec was down 6.1%. In contrast, the industry has lost 13% in the last 12 months. Looking forward, earnings are forecast to grow by 1.7% annually.

Industry Valuation and Performance

Has the Taiwanese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022NT$2.3tNT$1.9tNT$176.3b13.7x13.3x1.3x
Thu, 27 Oct 2022NT$2.2tNT$1.9tNT$224.6b11.6x9.6x1.1x
Sat, 24 Sep 2022NT$2.3tNT$1.9tNT$224.6b14.1x10.1x1.2x
Mon, 22 Aug 2022NT$2.4tNT$1.9tNT$224.4b16.2x10.6x1.2x
Wed, 20 Jul 2022NT$2.2tNT$1.9tNT$249.4b14.4x8.8x1.2x
Fri, 17 Jun 2022NT$2.7tNT$1.9tNT$249.4b15.3x10.7x1.4x
Sun, 15 May 2022NT$2.6tNT$1.9tNT$250.1b15.7x10.3x1.4x
Tue, 12 Apr 2022NT$2.8tNT$1.9tNT$263.5b17.8x10.6x1.5x
Thu, 10 Mar 2022NT$2.7tNT$1.8tNT$259.9b17.2x10.5x1.6x
Sat, 05 Feb 2022NT$2.7tNT$1.8tNT$258.5b17.6x10.5x1.5x
Mon, 03 Jan 2022NT$2.8tNT$1.8tNT$258.5b18.5x10.7x1.6x
Wed, 01 Dec 2021NT$2.7tNT$1.8tNT$258.5b21x10.3x1.5x
Fri, 29 Oct 2021NT$2.7tNT$1.6tNT$236.6b16.6x11.5x1.7x
Sun, 26 Sep 2021NT$2.8tNT$1.6tNT$236.6b16.3x11.7x1.7x
Tue, 24 Aug 2021NT$2.6tNT$1.6tNT$236.6b15x11.1x1.6x
Wed, 30 Jun 2021NT$2.7tNT$1.6tNT$236.6b16x11.5x1.7x
Sat, 03 Apr 2021NT$2.6tNT$1.4tNT$171.8b16.2x15.1x1.8x
Tue, 05 Jan 2021NT$2.4tNT$1.3tNT$105.2b20.1x22.9x1.8x
Fri, 09 Oct 2020NT$2.0tNT$1.3tNT$73.2b18.6x27.2x1.5x
Thu, 02 Jul 2020NT$2.1tNT$1.3tNT$69.1b20.5x30.2x1.6x
Sun, 05 Apr 2020NT$1.8tNT$1.4tNT$87.4b15.1x20.2x1.2x
Wed, 08 Jan 2020NT$2.3tNT$1.5tNT$117.4b17.9x19.7x1.5x
Price to Earnings Ratio

20.2x


Total Market Cap: NT$2.3tTotal Earnings: NT$112.9bTotal Revenue: NT$1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Chemicals Industry Price to Earnings3Y Average 17x202020212022
Current Industry PE
  • Investors are pessimistic on the Taiwanese Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.3x which is lower than its 3-year average PE of 17.0x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 6.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

TW Market0.77%
Materials0.55%
Chemicals1.79%
Commodity Chemicals1.85%
Specialty Chemicals1.78%
Fertilizers and Agricultural Chemicals0.56%
Diversified Chemicals0%
Industrial Gases0%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 18.4x.
    • Analysts are expecting annual earnings growth of 7.2%, which is lower than the prior year's growth of 21.4% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 22.5x.
Forecasted Growth
  • Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 7.2% over the next 5 years.
  • However this is lower than its past earnings growth rate of 21% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
1326 Formosa Chemicals & FibreNT$74.002.1%
+NT$8.8b
-5.3%PE23.5x
1303 Nan Ya PlasticsNT$76.701.2%
+NT$7.1b
-7.0%PE12.1x
1314 China Petrochemical DevelopmentNT$10.254.4%
+NT$1.6b
-19.3%PE33.8x
1312 Grand Pacific PetrochemicalNT$18.959.2%
+NT$1.5b
-34.1%PE28.4x
1301 Formosa PlasticsNT$88.900.2%
+NT$1.3b
-13.3%PE9.4x
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Latest News

1314

NT$10.25

China Petrochemical Development

7D

4.4%

1Y

-19.3%

6585

NT$51.30

DingZing Advanced Materials

7D

-2.8%

1Y

-39.1%

4768

NT$194.00

Ingentec

7D

-6.1%

1Y

48.0%

4766

NT$132.50

Nan Pao Resins Chemical

7D

-0.4%

1Y

-8.3%

4765

NT$17.85

Pancolour Ink

7D

-22.7%

1Y

-27.7%

1708

NT$42.30

Sesoda

7D

-2.1%

1Y

19.8%

1773

NT$114.50

Shiny Chemical Industrial

7D

4.1%

1Y

3.3%

1717

NT$32.90

Eternal Materials

7D

3.0%

1Y

-13.3%

1313

NT$13.50

UPC Technology

7D

6.7%

1Y

-36.3%

1303

NT$76.70

Nan Ya Plastics

7D

1.2%

1Y

-7.0%

1301

NT$88.90

Formosa Plastics

7D

0.2%

1Y

-13.3%

1326

NT$74.00

Formosa Chemicals & Fibre

7D

2.1%

1Y

-5.3%

6618

NT$11.05

UHT Unitech

7D

-9.1%

1Y

-7.9%