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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D0.9%
  • 3M-14.2%
  • 1Y48.3%
  • YTD33.3%

Over the last 7 days, the Metals and Mining industry has risen 2.6%, driven by gains in Ta Chen Stainless Pipe and China Steel of 9.3% and 1.4%, respectively. This takes the industry's 12 month performance to a gain of 50%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021NT$1.1tNT$1.1tNT$99.0b12.8x
Thu, 28 Oct 2021NT$1.1tNT$947.3bNT$69.1b15.7x
Sat, 25 Sep 2021NT$1.2tNT$947.3bNT$69.1b17.3x
Mon, 23 Aug 2021NT$1.2tNT$947.3bNT$69.1b17.3x
Sat, 10 Jul 2021NT$1.4tNT$947.3bNT$69.1b21.4x
Fri, 02 Apr 2021NT$827.0bNT$840.6bNT$37.0b15.5x
Mon, 04 Jan 2021NT$789.8bNT$789.1bNT$12.6b27.1x
Thu, 08 Oct 2020NT$620.5bNT$775.9b-NT$1,042,125,000.0019.4x
Wed, 01 Jul 2020NT$599.2bNT$799.3b-NT$1,854,704,000.0019.9x
Sat, 04 Apr 2020NT$544.3bNT$846.7bNT$4.2b19.4x
Tue, 07 Jan 2020NT$656.3bNT$875.3bNT$12.6b26.3x
Mon, 30 Sep 2019NT$639.6bNT$906.2bNT$21.1b21.2x
Thu, 04 Jul 2019NT$697.9bNT$935.9bNT$29.8b20.7x
Sun, 07 Apr 2019NT$708.6bNT$966.6bNT$37.4b16.5x
Wed, 09 Jan 2019NT$678.1bNT$961.2bNT$42.5b14.7x
PE Ratio


Total Market Cap: NT$673.0bTotal Earnings: NT$47.0bTotal Revenue: NT$945.7b0%0%0%3 Year10 Year

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?

Diversified Metals and Mining-2.05%
Precious Metals and Minerals-3.46%

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?

2006 Tung Ho Steel Enterprise2.5%+NT$1.1b28.8%PE8x
2027 Ta Chen Stainless Pipe0.9%+NT$770.2m64.8%n/a
2030 Froch Enterprise2.9%+NT$238.4m154.2%n/a
9958 Century Iron and Steel IndustrialLtd0.9%+NT$230.9m-12.8%n/a
2028 Wei Chih Steel IndustrialLtd1.8%+NT$228.0m126.0%n/a
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