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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies49
  • 7D-1.6%
  • 3M-1.9%
  • 1Y-1.7%
  • YTD-3.9%

Over the last 7 days, the Metals and Mining industry has dropped 1.6%, driven by a pullback from China Steel of 2.4%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 47% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024NT$970.1bNT$990.3bNT$22.6b19.1x43x1x
Sun, 23 Jun 2024NT$1.0tNT$992.2bNT$22.3b19x46.8x1.1x
Tue, 21 May 2024NT$1.0tNT$992.9bNT$22.9b19.6x44.7x1x
Thu, 18 Apr 2024NT$983.2bNT$998.8bNT$21.6b16.3x45.4x1x
Sat, 16 Mar 2024NT$966.2bNT$1.0tNT$22.3b16.2x43.3x1x
Mon, 12 Feb 2024NT$962.1bNT$1.0tNT$12.7b15.2x75.7x1x
Wed, 10 Jan 2024NT$985.7bNT$1.0tNT$12.8b15.5x76.8x1x
Fri, 08 Dec 2023NT$965.8bNT$1.0tNT$12.8b15.6x75.3x1x
Sun, 05 Nov 2023NT$898.4bNT$1.0tNT$14.7b15.6x61.3x0.9x
Tue, 03 Oct 2023NT$909.0bNT$1.0tNT$13.1b16.2x69.4x0.9x
Thu, 31 Aug 2023NT$918.5bNT$1.0tNT$13.1b16.2x70.1x0.9x
Sat, 29 Jul 2023NT$963.2bNT$1.1tNT$30.6b19.2x31.5x0.9x
Mon, 26 Jun 2023NT$983.2bNT$1.1tNT$31.5b17.2x31.3x0.9x
Wed, 24 May 2023NT$977.3bNT$1.1tNT$44.7b16.7x21.9x0.9x
Fri, 21 Apr 2023NT$991.4bNT$1.1tNT$56.2b16.3x17.6x0.9x
Sun, 19 Mar 2023NT$1.0tNT$1.2tNT$58.0b13.2x17.4x0.9x
Tue, 14 Feb 2023NT$992.2bNT$1.2tNT$88.0b10.9x11.3x0.8x
Thu, 12 Jan 2023NT$959.9bNT$1.2tNT$88.0b10.5x10.9x0.8x
Sat, 10 Dec 2022NT$915.6bNT$1.2tNT$88.0b10.4x10.4x0.8x
Mon, 07 Nov 2022NT$833.4bNT$1.2tNT$96.4b7.7x8.6x0.7x
Wed, 05 Oct 2022NT$860.4bNT$1.3tNT$118.2b7.9x7.3x0.7x
Fri, 02 Sep 2022NT$909.2bNT$1.2tNT$119.0b8.8x7.6x0.7x
Sun, 31 Jul 2022NT$885.8bNT$1.2tNT$125.5b8x7.1x0.7x
Tue, 28 Jun 2022NT$941.3bNT$1.2tNT$125.3b8.6x7.5x0.8x
Thu, 26 May 2022NT$1.1tNT$1.2tNT$125.4b9.3x8.5x0.9x
Sat, 23 Apr 2022NT$1.2tNT$1.2tNT$121.4b11x10x1x
Mon, 21 Mar 2022NT$1.2tNT$1.1tNT$117.8b12.7x10.5x1.1x
Wed, 16 Feb 2022NT$1.1tNT$1.1tNT$99.0b13.1x11.5x1.1x
Fri, 14 Jan 2022NT$1.1tNT$1.1tNT$99.0b13.3x11.5x1.1x
Sun, 12 Dec 2021NT$1.1tNT$1.1tNT$99.0b12.9x11.4x1.1x
Tue, 09 Nov 2021NT$1.1tNT$1.0tNT$93.7b13.7x12x1.1x
Thu, 07 Oct 2021NT$1.1tNT$947.3bNT$69.1b15.1x16.1x1.2x
Sat, 04 Sep 2021NT$1.2tNT$947.3bNT$69.1b17.8x17.6x1.3x
Mon, 02 Aug 2021NT$1.3tNT$947.3bNT$69.1b19.9x18.7x1.4x
Price to Earnings Ratio

18.7x


Total Market Cap: NT$1.3tTotal Earnings: NT$69.1bTotal Revenue: NT$947.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Metals and Mining Industry Price to Earnings3Y Average 28.9x202220232024
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 43.0x which is higher than its 3-year average PE of 28.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.94x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 31% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

TW Market-2.30%
Materials-1.74%
Metals and Mining-1.55%
Gold0%
Silver0%
Aluminum-1.12%
Steel-1.49%
Diversified Metals and Mining-1.74%
Copper-3.17%
Precious Metals and Minerals-9.07%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 28.9x.
    • Analysts are expecting annual earnings growth of 47.3%, which is higher than its past year's earnings growth of 15.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings growth rate of 15% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 7.0% 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
2027 Ta Chen Stainless PipeNT$39.601.5%
+NT$1.3b		-0.9%PE19.1x
6175 Liton TechnologyNT$45.057.5%
+NT$447.0m		19.0%PE19.1x
2008 Kao Hsing Chang Iron & SteelNT$27.106.1%
+NT$295.8m		37.6%PE11.9x
2020 Mayer Steel PipeNT$36.401.1%
+NT$89.0m		37.6%PE6.3x
6731 Femco Steel TechnologyNT$23.753.7%
+NT$46.4m		-15.4%PE10.8x
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Latest News

2014

NT$21.15

Chung Hung Steel

7D

-2.1%

1Y

-13.3%

2002

NT$22.90

China Steel

7D

-1.9%

1Y

-18.8%

China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

Jul 23
China Steel (TWSE:2002) Is Paying Out Less In Dividends Than Last Year

2006

NT$72.60

Tung Ho Steel Enterprise

7D

-0.4%

1Y

28.7%

2027

NT$39.60

Ta Chen Stainless Pipe

7D

1.5%

1Y

-0.9%

Ta Chen Stainless Pipe's (TWSE:2027) Dividend Is Being Reduced To NT$1.20

Jul 22
Ta Chen Stainless Pipe's (TWSE:2027) Dividend Is Being Reduced To NT$1.20

6175

NT$45.05

Liton Technology

7D

7.5%

1Y

19.0%

2034

NT$24.20

YC InoxLtd

7D

-4.7%

1Y

-12.0%

9958

NT$231.00

Century Iron and Steel IndustrialLtd

7D

-9.2%

1Y

39.6%

Risks Still Elevated At These Prices As Century Iron and Steel Industrial Co.,Ltd. (TWSE:9958) Shares Dive 26%

Jul 15
Risks Still Elevated At These Prices As Century Iron and Steel Industrial Co.,Ltd. (TWSE:9958) Shares Dive 26%

2211

NT$121.00

Evergreen Steel

7D

-1.2%

1Y

100.0%

2029

NT$25.70

Sheng Yu Steel

7D

0.2%

1Y

4.0%

2008

NT$27.10

Kao Hsing Chang Iron & Steel

7D

6.1%

1Y

37.6%

2030

NT$17.10

Froch Enterprise

7D

0.3%

1Y

-17.0%

2031

NT$58.30

Hsin Kuang Steel

7D

-2.5%

1Y

21.8%

1532

NT$43.40

China Metal Products

7D

-4.2%

1Y

14.7%

2020

NT$36.40

Mayer Steel Pipe

7D

1.1%

1Y

37.6%

2069

NT$15.90

Yuen Chang Stainless Steel

7D

1.0%

1Y

-12.4%

6731

NT$23.75

Femco Steel Technology

7D

3.7%

1Y

-15.4%