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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies49
  • 7D-2.4%
  • 3M-9.8%
  • 1Y-17.2%
  • YTD-17.6%

Over the last 7 days, the Metals and Mining industry has dropped 2.4%, driven by declines in China Steel and Ta Chen Stainless Pipe of 1.7% and 7.0%, respectively. On the other hand Evergreen Steel is actually up 10%. Overall the industry is down 17% in 12 months. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024NT$833.9bNT$975.9bNT$20.7b19.6x40.3x0.9x
Tue, 19 Nov 2024NT$903.4bNT$976.2bNT$20.8b19x43.3x0.9x
Thu, 17 Oct 2024NT$922.2bNT$987.4bNT$23.1b19.3x39.9x0.9x
Sat, 14 Sep 2024NT$901.0bNT$987.4bNT$23.1b19.8x39x0.9x
Mon, 12 Aug 2024NT$919.0bNT$989.7bNT$23.8b19.6x38.6x0.9x
Wed, 10 Jul 2024NT$980.4bNT$990.3bNT$22.6b19.1x43.4x1x
Fri, 07 Jun 2024NT$996.4bNT$993.0bNT$22.9b18.7x43.5x1x
Sun, 05 May 2024NT$1.0tNT$994.8bNT$21.0b17.3x48.4x1x
Tue, 02 Apr 2024NT$966.8bNT$998.6bNT$21.9b15.5x44.2x1x
Thu, 29 Feb 2024NT$974.0bNT$1.0tNT$13.0b15.5x75.1x1x
Sat, 27 Jan 2024NT$973.4bNT$1.0tNT$12.8b15.3x75.8x1x
Mon, 25 Dec 2023NT$999.9bNT$1.0tNT$12.8b16x77.9x1x
Wed, 22 Nov 2023NT$942.5bNT$1.0tNT$14.5b15.2x65x0.9x
Fri, 20 Oct 2023NT$886.8bNT$1.0tNT$13.1b15.2x67.7x0.9x
Sun, 17 Sep 2023NT$942.2bNT$1.0tNT$13.1b16.8x71.9x0.9x
Tue, 15 Aug 2023NT$924.6bNT$1.0tNT$19.1b16.5x48.3x0.9x
Thu, 13 Jul 2023NT$963.2bNT$1.1tNT$30.9b19x31.2x0.9x
Sat, 10 Jun 2023NT$984.9bNT$1.1tNT$34.9b18.3x28.2x0.9x
Mon, 08 May 2023NT$963.0bNT$1.1tNT$56.3b16x17.1x0.8x
Wed, 05 Apr 2023NT$992.1bNT$1.1tNT$56.7b16.6x17.5x0.9x
Fri, 03 Mar 2023NT$992.5bNT$1.2tNT$62.7b11.6x15.8x0.8x
Sun, 29 Jan 2023NT$973.4bNT$1.2tNT$88.0b10.7x11.1x0.8x
Tue, 27 Dec 2022NT$961.0bNT$1.2tNT$88.0b10.7x10.9x0.8x
Thu, 24 Nov 2022NT$899.0bNT$1.2tNT$88.0b10.2x10.2x0.7x
Sat, 22 Oct 2022NT$855.7bNT$1.3tNT$118.2b7.5x7.2x0.7x
Mon, 19 Sep 2022NT$915.3bNT$1.3tNT$118.2b8.3x7.7x0.7x
Wed, 17 Aug 2022NT$929.2bNT$1.2tNT$119.5b8.8x7.8x0.7x
Fri, 15 Jul 2022NT$897.6bNT$1.2tNT$125.3b7.8x7.2x0.7x
Sun, 12 Jun 2022NT$1.1tNT$1.2tNT$125.3b9.6x8.7x0.9x
Tue, 10 May 2022NT$1.1tNT$1.2tNT$122.6b9.9x8.9x0.9x
Thu, 07 Apr 2022NT$1.3tNT$1.2tNT$121.4b11.4x10.3x1.1x
Sat, 05 Mar 2022NT$1.2tNT$1.1tNT$112.7b13.3x11x1.1x
Mon, 31 Jan 2022NT$1.1tNT$1.1tNT$99.0b12.6x11x1x
Wed, 29 Dec 2021NT$1.2tNT$1.1tNT$99.0b13x11.6x1.1x
Price to Earnings Ratio

11.6x


Total Market Cap: NT$1.2tTotal Earnings: NT$99.0bTotal Revenue: NT$1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Metals and Mining Industry Price to Earnings3Y Average 32.4x202220232024
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 40.3x which is higher than its 3-year average PE of 32.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 41% per year over the last three years,
  • Revenues have also declined 2.6% 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 Market-2.11%
Materials-3.53%
Metals and Mining-2.35%
Gold0%
Silver0%
Steel-2.24%
Aluminum-3.47%
Diversified Metals and Mining-3.71%
Precious Metals and Minerals-3.99%
Copper-5.49%
Industry PE
  • Investors are most optimistic about the Copper industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Aluminum industry is expected to see its earnings decline by 3.7% 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
2211 Evergreen SteelNT$117.0010.4%
+NT$4.6b		13.0%PE19.6x
9957 Yieh United SteelNT$6.300.8%
+NT$131.0m		-16.2%PS0.4x
6731 Femco Steel TechnologyNT$23.753.7%
+NT$46.4m		-15.4%PE10.8x
6832 King's Metal Fiber TechnologiesNT$52.002.0%
+NT$26.4m		-8.5%PE15.5x
5016 Song Ho IndustrialNT$27.500.5%
+NT$7.4m		-4.2%PE17.2x
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Latest News

2015

NT$71.20

Feng Hsin Steel

7D

-3.0%

1Y

5.5%

2006

NT$68.10

Tung Ho Steel Enterprise

7D

-2.9%

1Y

-5.9%

2027

NT$29.85

Ta Chen Stainless Pipe

7D

-7.0%

1Y

-23.9%

Ta Chen Stainless Pipe (TWSE:2027) May Have Issues Allocating Its Capital

Dec 10
Ta Chen Stainless Pipe (TWSE:2027) May Have Issues Allocating Its Capital

5009

NT$45.50

Gloria Material Technology

7D

-4.2%

1Y

-8.0%

2002

NT$19.90

China Steel

7D

-1.7%

1Y

-25.6%

2211

NT$117.00

Evergreen Steel

7D

10.4%

1Y

13.0%

2023

NT$14.50

Yieh Phui Enterprise

7D

-4.9%

1Y

-18.7%

9958

NT$173.50

Century Iron and Steel IndustrialLtd

7D

-3.1%

1Y

1.2%

5016

NT$27.50

Song Ho Industrial

7D

0.5%

1Y

-4.2%

2014

NT$17.80

Chung Hung Steel

7D

-4.0%

1Y

-34.1%

6832

NT$52.00

King's Metal Fiber Technologies

7D

2.0%

1Y

-8.5%

9957

NT$6.30

Yieh United Steel

7D

0.8%

1Y

-16.2%

2073

NT$28.00

Syong Shun Metal

7D

0.2%

1Y

-5.9%

6731

NT$23.75

Femco Steel Technology

7D

3.7%

1Y

-15.4%