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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies51
  • 7D0.2%
  • 3M2.4%
  • 1Y-4.8%
  • YTD-3.4%

The Metals and Mining industry has stayed flat over the last week. Unfortunately though, the industry is down 4.8% over the past 12 months. Looking forward, earnings are forecast to grow by 80% annually.

Industry Valuation and Performance

Has the Taiwanese Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024NT$979.4bNT$1.0tNT$13.0b15.6x75.6x1x
Mon, 22 Jan 2024NT$947.2bNT$1.0tNT$12.8b15.2x73.8x0.9x
Wed, 20 Dec 2023NT$1.0tNT$1.0tNT$12.8b16.1x78.4x1x
Fri, 17 Nov 2023NT$920.5bNT$1.0tNT$14.0b15.7x65.8x0.9x
Sun, 15 Oct 2023NT$898.1bNT$1.0tNT$13.1b15.2x68.6x0.9x
Tue, 12 Sep 2023NT$924.6bNT$1.0tNT$13.1b16.6x70.6x0.9x
Thu, 10 Aug 2023NT$963.1bNT$1.0tNT$20.6b18x46.7x0.9x
Sat, 08 Jul 2023NT$966.5bNT$1.1tNT$31.3b19.8x30.9x0.9x
Mon, 05 Jun 2023NT$966.5bNT$1.1tNT$37.6b19.5x25.7x0.9x
Wed, 03 May 2023NT$962.1bNT$1.1tNT$56.3b16.3x17.1x0.8x
Fri, 31 Mar 2023NT$992.4bNT$1.1tNT$57.0b15x17.4x0.9x
Sun, 26 Feb 2023NT$1.0tNT$1.2tNT$86.8b11.7x11.6x0.8x
Tue, 24 Jan 2023NT$973.4bNT$1.2tNT$88.0b10.7x11.1x0.8x
Thu, 22 Dec 2022NT$937.7bNT$1.2tNT$88.0b10.4x10.7x0.8x
Sat, 19 Nov 2022NT$887.7bNT$1.2tNT$88.2b9.9x10.1x0.7x
Mon, 17 Oct 2022NT$840.9bNT$1.3tNT$118.2b7.6x7.1x0.7x
Wed, 14 Sep 2022NT$927.8bNT$1.3tNT$118.2b8.5x7.8x0.7x
Fri, 12 Aug 2022NT$902.7bNT$1.2tNT$116.8b8.4x7.7x0.7x
Sun, 10 Jul 2022NT$910.6bNT$1.2tNT$125.3b8.1x7.3x0.8x
Tue, 07 Jun 2022NT$1.1tNT$1.2tNT$125.3b9.5x8.7x0.9x
Thu, 05 May 2022NT$1.1tNT$1.2tNT$121.7b10.7x9.3x1x
Sat, 02 Apr 2022NT$1.3tNT$1.1tNT$118.8b12.5x10.6x1.1x
Mon, 28 Feb 2022NT$1.2tNT$1.1tNT$100.2b13.4x11.8x1.1x
Wed, 26 Jan 2022NT$1.1tNT$1.1tNT$99.0b12.6x10.9x1x
Fri, 24 Dec 2021NT$1.2tNT$1.1tNT$99.0b13.2x11.8x1.1x
Sun, 21 Nov 2021NT$1.1tNT$1.1tNT$98.8b12.9x10.9x1x
Tue, 19 Oct 2021NT$1.1tNT$947.3bNT$69.1b15.4x15.7x1.1x
Thu, 16 Sep 2021NT$1.2tNT$947.3bNT$69.1b18.1x17.7x1.3x
Sat, 14 Aug 2021NT$1.3tNT$947.3bNT$69.1b18.1x18.1x1.3x
Wed, 09 Jun 2021NT$1.2tNT$840.6bNT$37.0b20.7x31.4x1.4x
Tue, 02 Mar 2021NT$792.8bNT$789.1bNT$12.6b28x63.1x1x
Price to Earnings Ratio

63.1x


Total Market Cap: NT$792.8bTotal Earnings: NT$12.6bTotal Revenue: NT$789.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Metals and Mining Industry Price to Earnings3Y Average 27.1x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 75.6x which is higher than its 3-year average PE of 27.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 8.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

TW Market1.45%
Materials0.14%
Metals and Mining0.24%
Copper2.52%
Steel0.24%
Gold0%
Silver0%
Diversified Metals and Mining-0.063%
Precious Metals and Minerals-0.85%
Aluminum-2.00%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 27.1x.
    • Analysts are expecting annual earnings growth of 80.0%, which is higher than its past year's earnings decline of 30.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings decline of 31% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 80% 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
9958 Century Iron and Steel IndustrialLtdNT$253.002.0%
+NT$1.8b
143.3%PE134.3x
2006 Tung Ho Steel EnterpriseNT$74.403.3%
+NT$1.8b
24.8%PE12.9x
2002 China SteelNT$25.000.4%
+NT$1.6b
-20.4%PS1.1x
2031 Hsin Kuang SteelNT$62.805.0%
+NT$963.4m
40.5%PE13.6x
2020 Mayer Steel PipeNT$35.156.5%
+NT$478.4m
47.7%PE11x
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Latest News

2006

NT$74.40

Tung Ho Steel Enterprise

7D

3.3%

1Y

24.8%

9958

NT$253.00

Century Iron and Steel IndustrialLtd

7D

2.0%

1Y

143.3%

2025

NT$9.70

Chien Shing Stainless Steel

7D

7.8%

1Y

68.1%

5009

NT$46.70

Gloria Material Technology

7D

-2.0%

1Y

3.7%

2014

NT$23.35

Chung Hung Steel

7D

-2.5%

1Y

-19.2%

2017

NT$14.55

Quintain Steel

7D

-5.5%

1Y

-20.8%

2211

NT$103.50

Evergreen Steel

7D

-1.4%

1Y

96.8%

2023

NT$15.40

Yieh Phui Enterprise

7D

-2.2%

1Y

-11.0%

2031

NT$62.80

Hsin Kuang Steel

7D

5.0%

1Y

40.5%

3162

NT$42.25

United Alloy-Tech

7D

-4.6%

1Y

-21.6%

2009

NT$32.45

First Copper Technology

7D

2.5%

1Y

-9.6%

2020

NT$35.15

Mayer Steel Pipe

7D

6.5%

1Y

47.7%

2002

NT$25.00

China Steel

7D

0.4%

1Y

-20.4%

2015

NT$68.80

Feng Hsin Steel

7D

-0.9%

1Y

-3.4%

1532

NT$39.50

China Metal Products

7D

1.7%

1Y

17.9%