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Taiwanese (TAIEX) Steel Industry Analysis

UpdatedNov 16, 2024
DataAggregated Company Financials
Companies40
  • 7D-3.7%
  • 3M-3.6%
  • 1Y-4.5%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 4.6%, driven by a pullback from China Steel of 5.2%. The industry has fallen 4.9% in the last year. Looking forward, earnings are forecast to grow by 50% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Nov 2024NT$847.5bNT$951.5bNT$20.2b18.4x41.9x0.9x
Mon, 14 Oct 2024NT$880.8bNT$959.4bNT$21.7b19.1x40.5x0.9x
Wed, 11 Sep 2024NT$834.9bNT$959.4bNT$21.7b19.6x38.4x0.9x
Fri, 09 Aug 2024NT$864.2bNT$960.7bNT$22.6b18.6x38.3x0.9x
Sun, 07 Jul 2024NT$943.8bNT$962.8bNT$21.3b18.9x44.3x1x
Tue, 04 Jun 2024NT$948.0bNT$963.9bNT$22.1b19.1x42.9x1x
Thu, 02 May 2024NT$957.8bNT$967.8bNT$20.8b16.9x46x1x
Sat, 30 Mar 2024NT$914.3bNT$967.1bNT$21.0b14.7x43.6x0.9x
Mon, 26 Feb 2024NT$931.6bNT$972.8bNT$11.9b15.6x78.2x1x
Wed, 24 Jan 2024NT$919.2bNT$974.0bNT$12.0b14.8x76.4x0.9x
Fri, 22 Dec 2023NT$957.3bNT$974.0bNT$12.0b15.7x79.5x1x
Sun, 19 Nov 2023NT$883.7bNT$978.5bNT$13.2b15.3x66.9x0.9x
Tue, 17 Oct 2023NT$854.0bNT$986.3bNT$12.3b15.7x69.2x0.9x
Thu, 14 Sep 2023NT$879.9bNT$986.3bNT$12.3b17x71.3x0.9x
Sat, 12 Aug 2023NT$902.2bNT$1.0tNT$18.4b17.3x49.1x0.9x
Mon, 10 Jul 2023NT$922.9bNT$1.1tNT$30.4b19.7x30.4x0.9x
Wed, 07 Jun 2023NT$938.3bNT$1.1tNT$36.2b17x25.9x0.9x
Fri, 05 May 2023NT$918.2bNT$1.1tNT$54.9b16x16.7x0.8x
Sun, 02 Apr 2023NT$945.7bNT$1.1tNT$55.3b14.9x17.1x0.8x
Tue, 28 Feb 2023NT$961.6bNT$1.2tNT$85.0b12x11.3x0.8x
Thu, 26 Jan 2023NT$932.9bNT$1.2tNT$86.2b10.7x10.8x0.8x
Sat, 24 Dec 2022NT$920.6bNT$1.2tNT$86.2b10.7x10.7x0.8x
Mon, 21 Nov 2022NT$848.4bNT$1.2tNT$86.2b9.9x9.8x0.7x
Wed, 19 Oct 2022NT$812.6bNT$1.2tNT$116.0b7.5x7x0.7x
Fri, 16 Sep 2022NT$883.6bNT$1.2tNT$116.0b8.4x7.6x0.7x
Sun, 14 Aug 2022NT$883.3bNT$1.2tNT$113.4b8.3x7.8x0.7x
Tue, 12 Jul 2022NT$868.4bNT$1.2tNT$122.6b7.6x7.1x0.7x
Thu, 09 Jun 2022NT$1.0tNT$1.2tNT$122.6b9.3x8.6x0.9x
Sat, 07 May 2022NT$1.1tNT$1.1tNT$117.8b10.5x9.1x0.9x
Mon, 04 Apr 2022NT$1.2tNT$1.1tNT$118.5b11.6x10.2x1.1x
Wed, 02 Mar 2022NT$1.2tNT$1.1tNT$110.1b13.4x10.7x1.1x
Fri, 28 Jan 2022NT$1.0tNT$1.0tNT$96.4b12.4x10.8x1x
Sun, 26 Dec 2021NT$1.1tNT$1.0tNT$96.4b12.9x11.6x1.1x
Tue, 23 Nov 2021NT$1.0tNT$1.0tNT$96.4b12.7x10.7x1x
Price to Earnings Ratio

10.7x


Total Market Cap: NT$1.0tTotal Earnings: NT$96.4bTotal Revenue: NT$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Steel Industry Price to Earnings3Y Average 31.4x202220232024
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 40.8x which is higher than its 3-year average PE of 31.4x.
  • 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 40% per year over the last three years,
  • Revenues have also declined 2.4% 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-3.41%
Materials-3.62%
Metals and Mining-3.68%
Steel-3.73%
Gold0%
Silver0%
Aluminum-0.98%
Diversified Metals and Mining-2.33%
Copper-3.86%
Precious Metals and Minerals-7.20%
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$106.503.9%
+NT$1.7b		43.3%PE17.1x
5009 Gloria Material TechnologyNT$48.151.3%
+NT$352.1m		3.8%PE11.4x
7702 APEX Wind Power Equipment ManufacturingNT$53.006.2%
+NT$204.6m		-29.3%PE42.4x
2020 Mayer Steel PipeNT$28.352.2%
+NT$160.2m		12.8%PE5.8x
2069 Yuen Chang Stainless SteelNT$19.303.8%
+NT$116.5m		21.0%PE117.3x
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Latest News

2002

NT$22.05

China Steel

7D

-5.2%

1Y

-12.5%

China Steel's (TWSE:2002) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 15
China Steel's (TWSE:2002) Shareholders May Want To Dig Deeper Than Statutory Profit

2034

NT$19.70

YC InoxLtd

7D

-7.7%

1Y

-26.1%

1532

NT$34.05

China Metal Products

7D

-9.0%

1Y

-9.0%

China Metal Products (TWSE:1532) Has Some Way To Go To Become A Multi-Bagger

Nov 14
China Metal Products (TWSE:1532) Has Some Way To Go To Become A Multi-Bagger

5014

NT$15.25

Chain Chon Industrial

7D

-18.7%

1Y

12.5%

2027

NT$32.55

Ta Chen Stainless Pipe

7D

-7.1%

1Y

-14.6%

2015

NT$76.60

Feng Hsin Steel

7D

-5.7%

1Y

16.9%

2069

NT$19.30

Yuen Chang Stainless Steel

7D

3.8%

1Y

21.0%

Yuen Chang Stainless Steel Co., Ltd.'s (TWSE:2069) Subdued P/S Might Signal An Opportunity

Nov 11
Yuen Chang Stainless Steel Co., Ltd.'s (TWSE:2069) Subdued P/S Might Signal An Opportunity

5009

NT$48.15

Gloria Material Technology

7D

1.3%

1Y

3.8%

2014

NT$20.35

Chung Hung Steel

7D

-2.4%

1Y

-8.1%

2211

NT$106.50

Evergreen Steel

7D

3.9%

1Y

43.3%

2006

NT$72.80

Tung Ho Steel Enterprise

7D

-2.7%

1Y

5.5%

7702

NT$53.00

APEX Wind Power Equipment Manufacturing

7D

6.2%

1Y

-29.3%

4538

NT$19.80

WINSON Machinery

7D

1.5%

1Y

8.8%

1480

NT$11.25

Tung Mung Development

7D

0.4%

1Y

-4.3%

2020

NT$28.35

Mayer Steel Pipe

7D

2.2%

1Y

12.8%

6731

NT$23.75

Femco Steel Technology

7D

3.7%

1Y

-15.4%