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Taiwanese (TAIEX) Steel Industry Analysis

UpdatedDec 18, 2024
DataAggregated Company Financials
Companies40
  • 7D-3.6%
  • 3M-8.3%
  • 1Y-17.7%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.4%, driven by a pullback from China Steel of 4.5%. In contrast, Evergreen Steel has gained 6.6%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 53% per annum.

Industry Valuation and Performance

Has the Taiwanese Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Dec 2024NT$796.1bNT$466.0bNT$11.1b21.9x71.5x1.7x
Fri, 15 Nov 2024NT$856.4bNT$952.8bNT$21.0b18.2x40.8x0.9x
Sun, 13 Oct 2024NT$880.8bNT$959.4bNT$21.7b19.1x40.5x0.9x
Tue, 10 Sep 2024NT$843.4bNT$959.4bNT$21.7b19.4x38.8x0.9x
Thu, 08 Aug 2024NT$869.4bNT$961.0bNT$21.3b17.9x40.7x0.9x
Sat, 06 Jul 2024NT$943.8bNT$962.8bNT$21.3b18.9x44.3x1x
Mon, 03 Jun 2024NT$948.0bNT$963.9bNT$22.1b19x42.8x1x
Wed, 01 May 2024NT$957.8bNT$967.8bNT$20.8b16.9x46x1x
Fri, 29 Mar 2024NT$916.7bNT$967.1bNT$21.0b14.9x43.7x0.9x
Sun, 25 Feb 2024NT$931.6bNT$972.8bNT$11.9b15.6x78.2x1x
Tue, 23 Jan 2024NT$911.1bNT$974.0bNT$12.0b14.7x75.7x0.9x
Thu, 21 Dec 2023NT$959.5bNT$974.0bNT$12.0b15.9x79.7x1x
Sat, 18 Nov 2023NT$884.1bNT$981.0bNT$12.9b15.3x68.4x0.9x
Mon, 16 Oct 2023NT$854.0bNT$986.3bNT$12.3b15.7x69.2x0.9x
Wed, 13 Sep 2023NT$880.5bNT$986.3bNT$12.3b16.8x71.3x0.9x
Fri, 11 Aug 2023NT$909.1bNT$1.0tNT$18.3b18x49.8x0.9x
Sun, 09 Jul 2023NT$922.9bNT$1.1tNT$30.4b19.7x30.4x0.9x
Tue, 06 Jun 2023NT$934.0bNT$1.1tNT$36.5b17x25.6x0.9x
Thu, 04 May 2023NT$917.1bNT$1.1tNT$54.9b15.7x16.7x0.8x
Sat, 01 Apr 2023NT$945.7bNT$1.1tNT$55.5b14.9x17x0.8x
Mon, 27 Feb 2023NT$961.6bNT$1.2tNT$85.0b12x11.3x0.8x
Wed, 25 Jan 2023NT$932.9bNT$1.2tNT$86.2b10.7x10.8x0.8x
Fri, 23 Dec 2022NT$920.5bNT$1.2tNT$86.2b10.5x10.7x0.8x
Sun, 20 Nov 2022NT$848.4bNT$1.2tNT$86.2b9.9x9.8x0.7x
Tue, 18 Oct 2022NT$807.7bNT$1.2tNT$116.0b7.6x7x0.7x
Thu, 15 Sep 2022NT$879.1bNT$1.2tNT$116.0b8.4x7.6x0.7x
Sat, 13 Aug 2022NT$882.7bNT$1.2tNT$114.3b8.3x7.7x0.7x
Mon, 11 Jul 2022NT$872.8bNT$1.2tNT$122.6b7.5x7.1x0.7x
Wed, 08 Jun 2022NT$1.0tNT$1.2tNT$122.6b9.3x8.6x0.9x
Fri, 06 May 2022NT$1.1tNT$1.1tNT$119.0b10.7x9.2x1x
Sun, 03 Apr 2022NT$1.2tNT$1.1tNT$118.4b12.4x10.2x1.1x
Tue, 01 Mar 2022NT$1.1tNT$1.0tNT$97.8b12.8x11.6x1.1x
Thu, 27 Jan 2022NT$1.0tNT$1.0tNT$96.4b12.4x10.8x1x
Sat, 25 Dec 2021NT$1.1tNT$1.0tNT$96.4b12.9x11.6x1.1x
Price to Earnings Ratio

11.6x


Total Market Cap: NT$1.1tTotal Earnings: NT$96.4bTotal Revenue: NT$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Steel Industry Price to Earnings3Y Average 32.3x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Steel industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 41.5x which is higher than its 3-year average PE of 32.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the Steel 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 Comparison

How does Taiwanese Steel compare with similar industries?

TW Market-0.62%
Materials-4.90%
Metals and Mining-3.70%
Steel-3.62%
Gold0%
Silver0%
Diversified Metals and Mining-3.09%
Precious Metals and Minerals-5.50%
Copper-5.61%
Aluminum-6.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2211 Evergreen SteelNT$109.509.5%
+NT$4.0b		7.9%PE18.3x
9958 Century Iron and Steel IndustrialLtdNT$180.001.1%
+NT$513.8m		-0.8%PE21.9x
2010 Chun Yuan Steel IndustryNT$18.450.8%
+NT$97.1m		-1.3%n/a
6731 Femco Steel TechnologyNT$23.753.7%
+NT$46.4m		-15.4%PE10.8x
2033 Chia Ta WorldNT$23.702.6%
+NT$48.4m		37.4%PE115.3x
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5009

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1Y

-25.0%

2211

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7D

9.5%

1Y

7.9%

9958

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-0.8%

5016

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