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Taiwanese (TAIEX) Chemicals Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies97
  • 7D-1.0%
  • 3M-19.0%
  • 1Y-32.3%
  • YTD-32.7%

Over the last 7 days, the Chemicals industry has dropped 4.4%, driven by a pullback from Nan Ya Plastics of 6.3%. Meanwhile, Taiwan Speciality Chemicals actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 33% in 12 months. Looking forward, earnings are forecast to grow by 68% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024NT$1.5tNT$1.5tNT$27.2b21.7x56.4x1x
Fri, 22 Nov 2024NT$1.7tNT$1.5tNT$27.2b21.9x63.5x1.1x
Sun, 20 Oct 2024NT$1.8tNT$1.5tNT$53.5b21.6x34.2x1.2x
Tue, 17 Sep 2024NT$1.8tNT$1.5tNT$53.4b21.9x34.4x1.2x
Thu, 15 Aug 2024NT$1.9tNT$1.5tNT$51.4b21.4x36.7x1.2x
Sat, 13 Jul 2024NT$2.0tNT$1.5tNT$51.4b25.2x39.4x1.4x
Mon, 10 Jun 2024NT$2.0tNT$1.5tNT$51.2b23.7x39.8x1.4x
Wed, 08 May 2024NT$2.1tNT$1.5tNT$46.4b23.9x46.2x1.4x
Fri, 05 Apr 2024NT$2.1tNT$1.5tNT$46.7b23.6x45.9x1.4x
Sun, 03 Mar 2024NT$2.2tNT$1.5tNT$32.9b23x66.1x1.5x
Tue, 30 Jan 2024NT$2.2tNT$1.5tNT$33.0b20.9x65.8x1.5x
Thu, 28 Dec 2023NT$2.3tNT$1.5tNT$33.0b21.2x68.7x1.5x
Sat, 25 Nov 2023NT$2.3tNT$1.5tNT$33.7b21.1x68.3x1.5x
Mon, 23 Oct 2023NT$2.2tNT$1.5tNT$26.6b22.5x83.6x1.5x
Wed, 20 Sep 2023NT$2.3tNT$1.5tNT$24.8b25x92.4x1.5x
Fri, 18 Aug 2023NT$2.2tNT$1.5tNT$24.4b24.2x90.2x1.4x
Sun, 16 Jul 2023NT$2.3tNT$1.7tNT$67.1b21.5x34.6x1.4x
Tue, 13 Jun 2023NT$2.5tNT$1.7tNT$68.6b21.9x35.9x1.5x
Thu, 11 May 2023NT$2.4tNT$1.8tNT$111.9b17.9x21.7x1.4x
Sat, 08 Apr 2023NT$2.4tNT$1.8tNT$112.3b16.9x21.5x1.4x
Mon, 06 Mar 2023NT$2.4tNT$1.9tNT$173.7b16.2x13.9x1.3x
Wed, 01 Feb 2023NT$2.4tNT$1.9tNT$176.3b15x13.5x1.3x
Fri, 30 Dec 2022NT$2.3tNT$1.9tNT$176.3b13.6x12.8x1.2x
Sun, 27 Nov 2022NT$2.4tNT$1.9tNT$176.3b14x13.4x1.3x
Tue, 25 Oct 2022NT$2.1tNT$1.9tNT$224.6b11.7x9.5x1.1x
Thu, 22 Sep 2022NT$2.3tNT$1.9tNT$224.6b14.7x10x1.2x
Sat, 20 Aug 2022NT$2.4tNT$1.9tNT$224.4b15.6x10.6x1.2x
Mon, 18 Jul 2022NT$2.2tNT$1.9tNT$249.4b14.4x8.8x1.2x
Wed, 15 Jun 2022NT$2.7tNT$1.9tNT$249.3b15.5x10.7x1.4x
Fri, 13 May 2022NT$2.6tNT$1.9tNT$252.8b16x10.4x1.4x
Sun, 10 Apr 2022NT$2.8tNT$1.9tNT$263.4b17.5x10.7x1.5x
Tue, 08 Mar 2022NT$2.8tNT$1.8tNT$259.9b17.1x10.6x1.6x
Thu, 03 Feb 2022NT$2.7tNT$1.8tNT$258.5b17.6x10.5x1.5x
Sat, 01 Jan 2022NT$2.8tNT$1.8tNT$258.5b18.5x10.7x1.6x
Price to Earnings Ratio

10.7x


Total Market Cap: NT$2.8tTotal Earnings: NT$258.5bTotal Revenue: NT$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Chemicals Industry Price to Earnings3Y Average 34.4x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Chemicals industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 55.6x which is higher than its 3-year average PE of 34.4x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 53% per year over the last three years,
  • Revenues have also declined 4.4% 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 industry?

TW Market0.46%
Materials-0.82%
Chemicals-1.00%
Industrial Gases6.15%
Specialty Chemicals0.25%
Diversified Chemicals0%
Fertilizers and Agricultural Chemicals-1.29%
Commodity Chemicals-1.37%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 72.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.3x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 76% over the next 5 years.
  • This is better than its past earnings growth rate of 46% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 17% 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
4772 Taiwan Speciality ChemicalsNT$172.007.8%
+NT$1.8b		99.3%PE75.8x
2108 NANTEX IndustryNT$33.705.6%
+NT$886.3m		-10.6%PE33.8x
6582 Shin Foong Specialty and Applied MaterialsNT$62.308.3%
+NT$509.6m		11.4%PE565.6x
5234 Daxin MaterialsNT$196.502.3%
+NT$462.2m		96.7%PE40.4x
1717 Eternal MaterialsNT$28.350.9%
+NT$294.6m		-2.1%PE19x
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4763

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6582

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1722

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4772

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