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Taiwanese (TAIEX) Steel Industry Analysis

UpdatedApr 16, 2024
DataAggregated Company Financials
Companies40
  • 7D-0.5%
  • 3M1.6%
  • 1Y-4.9%
  • YTDn/a

Last week, the Steel industry hasn't moved much but Evergreen Steel is up 7.0% in that time. Unfortunately though, the industry is down 4.8% over the past 12 months. Looking forward, earnings are forecast to grow by 51% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Apr 2024NT$938.1bNT$967.1bNT$20.7b16x45.3x1x
Thu, 14 Mar 2024NT$928.0bNT$969.4bNT$21.1b17.3x44x1x
Sat, 10 Feb 2024NT$917.9bNT$972.8bNT$11.9b15x77x0.9x
Mon, 08 Jan 2024NT$960.0bNT$974.0bNT$12.0b15.4x79.8x1x
Wed, 06 Dec 2023NT$919.4bNT$974.0bNT$12.0b15.3x76.4x0.9x
Fri, 03 Nov 2023NT$848.7bNT$996.1bNT$12.9b15.7x65.8x0.9x
Sun, 01 Oct 2023NT$865.1bNT$986.3bNT$12.3b16.3x70.1x0.9x
Tue, 29 Aug 2023NT$870.1bNT$986.3bNT$12.2b16.1x71.5x0.9x
Thu, 27 Jul 2023NT$923.6bNT$1.1tNT$30.0b18.8x30.8x0.9x
Sat, 24 Jun 2023NT$938.3bNT$1.1tNT$30.5b17.1x30.7x0.9x
Mon, 22 May 2023NT$920.0bNT$1.1tNT$43.3b15.6x21.3x0.8x
Wed, 19 Apr 2023NT$954.9bNT$1.1tNT$54.9b16.2x17.4x0.9x
Fri, 17 Mar 2023NT$939.8bNT$1.1tNT$56.8b12.4x16.5x0.8x
Sun, 12 Feb 2023NT$945.0bNT$1.2tNT$86.2b11x11x0.8x
Tue, 10 Jan 2023NT$920.0bNT$1.2tNT$86.2b10.4x10.7x0.8x
Thu, 08 Dec 2022NT$872.4bNT$1.2tNT$86.2b10.3x10.1x0.7x
Sat, 05 Nov 2022NT$797.7bNT$1.2tNT$114.6b7.7x7x0.7x
Mon, 03 Oct 2022NT$804.4bNT$1.2tNT$116.0b7.8x6.9x0.7x
Wed, 31 Aug 2022NT$884.6bNT$1.2tNT$116.7b8.5x7.6x0.7x
Fri, 29 Jul 2022NT$843.5bNT$1.2tNT$122.6b7.8x6.9x0.7x
Sun, 26 Jun 2022NT$886.6bNT$1.2tNT$122.6b7.9x7.2x0.8x
Tue, 24 May 2022NT$1.0tNT$1.2tNT$123.0b9.2x8.3x0.9x
Thu, 21 Apr 2022NT$1.2tNT$1.1tNT$118.6b11.2x10x1.1x
Sat, 19 Mar 2022NT$1.2tNT$1.1tNT$111.2b12.9x10.7x1.1x
Mon, 14 Feb 2022NT$1.1tNT$1.0tNT$96.4b12.8x11.5x1.1x
Wed, 12 Jan 2022NT$1.1tNT$1.0tNT$96.4b12.6x11.1x1x
Fri, 10 Dec 2021NT$1.1tNT$1.0tNT$96.4b12.7x11.2x1.1x
Sun, 07 Nov 2021NT$1.0tNT$929.4bNT$69.4b14.1x14.9x1.1x
Tue, 05 Oct 2021NT$1.1tNT$916.5bNT$66.8b15.1x15.9x1.2x
Thu, 02 Sep 2021NT$1.2tNT$916.5bNT$66.8b17.8x17.3x1.3x
Sat, 31 Jul 2021NT$1.2tNT$916.5bNT$66.8b19.4x18x1.3x
Tue, 04 May 2021NT$1.2tNT$812.2bNT$35.3b22.6x33.1x1.4x
Price to Earnings Ratio

33.1x


Total Market Cap: NT$1.2tTotal Earnings: NT$35.3bTotal Revenue: NT$812.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Steel Industry Price to Earnings3Y Average 27.4x202220232024
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 45.4x which is higher than its 3-year average PE of 27.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Taiwanese Steel compare with similar industries?

TW Market-0.0029%
Materials-0.14%
Metals and Mining-0.22%
Steel-0.53%
Precious Metals and Minerals16.82%
Copper11.16%
Aluminum2.27%
Gold0%
Silver0%
Diversified Metals and Mining-0.48%
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$138.007.4%
+NT$4.0b		131.2%PE15.7x
5009 Gloria Material TechnologyNT$53.307.9%
+NT$2.3b		-15.1%PE13.4x
1532 China Metal ProductsNT$41.358.8%
+NT$1.3b		15.3%PE16.2x
2025 Chien Shing Stainless SteelNT$12.6015.1%
+NT$463.9m		125.4%PE15.5x
2007 Yieh Hsing EnterpriseNT$11.506.0%
+NT$344.9m		0.9%PS1.2x
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Latest News

2002

NT$24.55

China Steel

7D

-1.8%

1Y

-20.2%

China Steel (TWSE:2002) Could Be Struggling To Allocate Capital

Apr 13
China Steel (TWSE:2002) Could Be Struggling To Allocate Capital

9958

NT$210.00

Century Iron and Steel IndustrialLtd

7D

-1.6%

1Y

81.8%

2029

NT$28.40

Sheng Yu Steel

7D

-5.5%

1Y

7.2%

5009

NT$53.30

Gloria Material Technology

7D

7.9%

1Y

-15.1%

2023

NT$15.40

Yieh Phui Enterprise

7D

-1.6%

1Y

-3.8%

A Piece Of The Puzzle Missing From Yieh Phui Enterprise Co., Ltd.'s (TWSE:2023) Share Price

Apr 09
A Piece Of The Puzzle Missing From Yieh Phui Enterprise Co., Ltd.'s (TWSE:2023) Share Price

2010

NT$21.25

Chun Yuan Steel Industry

7D

1.4%

1Y

31.6%

There's No Escaping Chun Yuan Steel Industry Co., Ltd.'s (TWSE:2010) Muted Earnings Despite A 25% Share Price Rise

Apr 09
There's No Escaping Chun Yuan Steel Industry Co., Ltd.'s (TWSE:2010) Muted Earnings Despite A 25% Share Price Rise

2025

NT$12.60

Chien Shing Stainless Steel

7D

15.1%

1Y

125.4%

2211

NT$138.00

Evergreen Steel

7D

7.4%

1Y

131.2%

Evergreen Steel (TWSE:2211) Has More To Do To Multiply In Value Going Forward

Apr 08
Evergreen Steel (TWSE:2211) Has More To Do To Multiply In Value Going Forward

2015

NT$68.80

Feng Hsin Steel

7D

-6.1%

1Y

-0.7%

2027

NT$36.70

Ta Chen Stainless Pipe

7D

0.3%

1Y

-3.6%

2006

NT$70.70

Tung Ho Steel Enterprise

7D

-0.6%

1Y

19.0%

1532

NT$41.35

China Metal Products

7D

8.8%

1Y

15.3%

2031

NT$60.00

Hsin Kuang Steel

7D

-2.9%

1Y

27.7%

7702

NT$89.70

APEX Wind Power Equipment Manufacturing

7D

-12.5%

1Y

n/a

2007

NT$11.50

Yieh Hsing Enterprise

7D

6.0%

1Y

0.9%

2033

NT$18.05

Chia Ta World

7D

7.4%

1Y

8.4%