Taiwanese (TAIEX) Metals and Mining Industry Analysis

Industry Valuation and Performance

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

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 12.8x which is lower than its 3-year average PE of 20.0x. Given that earnings are expected to decline by 5.8%, the lower than average PE seems justified.

Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 28% per year over the last three years, and revenues for these companies have grown 3.7% 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 Metals and Mining industry?

Industry PE: Investors are most optimistic about the Copper industry even though it's trading below its 3-year average PE ratio of 413x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Diversified Metals and Mining industry, which is trading below its 3-year average of 14.9x.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Steel industry since they expect its earnings to decline by only 5.8% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 165% per year.

Top Stock Gainers and Losers

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