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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedAug 15, 2024
DataAggregated Company Financials
Companies49
  • 7D2.1%
  • 3M-8.4%
  • 1Y0.7%
  • YTD-7.3%

In the last week, the Metals and Mining industry is up 3.5%, with China Steel up 2.0%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 48% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Aug 2024NT$936.0bNT$988.6bNT$24.5b20x38.3x0.9x
Sat, 13 Jul 2024NT$981.9bNT$990.3bNT$22.6b19x43.5x1x
Mon, 10 Jun 2024NT$1.0tNT$992.2bNT$22.3b19.1x45.4x1x
Wed, 08 May 2024NT$1.0tNT$993.6bNT$20.7b17.1x48.9x1x
Fri, 05 Apr 2024NT$984.9bNT$998.7bNT$21.7b15.6x45.5x1x
Sun, 03 Mar 2024NT$979.4bNT$1.0tNT$13.0b15.6x75.5x1x
Tue, 30 Jan 2024NT$984.5bNT$1.0tNT$12.8b15.2x76.7x1x
Thu, 28 Dec 2023NT$1.0tNT$1.0tNT$12.8b16.1x78x1x
Sat, 25 Nov 2023NT$950.4bNT$1.0tNT$13.5b15.4x70.4x0.9x
Mon, 23 Oct 2023NT$873.3bNT$1.0tNT$13.1b15.7x66.7x0.9x
Wed, 20 Sep 2023NT$945.7bNT$1.0tNT$13.1b17.2x72.2x0.9x
Fri, 18 Aug 2023NT$915.0bNT$1.0tNT$13.2b16.5x69.2x0.9x
Sun, 16 Jul 2023NT$968.2bNT$1.1tNT$30.9b19x31.3x0.9x
Tue, 13 Jun 2023NT$977.6bNT$1.1tNT$32.6b18.3x30x0.9x
Thu, 11 May 2023NT$962.4bNT$1.1tNT$56.6b16.1x17x0.8x
Sat, 08 Apr 2023NT$991.6bNT$1.1tNT$56.4b16.5x17.6x0.9x
Mon, 06 Mar 2023NT$995.5bNT$1.2tNT$62.7b11.7x15.9x0.9x
Wed, 01 Feb 2023NT$1.0tNT$1.2tNT$88.0b11x11.4x0.8x
Fri, 30 Dec 2022NT$934.7bNT$1.2tNT$88.0b10.3x10.6x0.8x
Sun, 27 Nov 2022NT$894.9bNT$1.2tNT$88.0b10.2x10.2x0.7x
Tue, 25 Oct 2022NT$855.7bNT$1.3tNT$118.2b7.5x7.2x0.7x
Thu, 22 Sep 2022NT$890.2bNT$1.3tNT$118.2b8.1x7.5x0.7x
Sat, 20 Aug 2022NT$935.4bNT$1.2tNT$119.0b9x7.9x0.7x
Mon, 18 Jul 2022NT$890.8bNT$1.2tNT$125.3b7.8x7.1x0.7x
Wed, 15 Jun 2022NT$1.1tNT$1.2tNT$125.3b9.2x8.4x0.9x
Fri, 13 May 2022NT$1.1tNT$1.2tNT$122.6b9.8x8.7x0.9x
Sun, 10 Apr 2022NT$1.2tNT$1.2tNT$121.4b11.3x10.3x1.1x
Tue, 08 Mar 2022NT$1.3tNT$1.1tNT$112.7b13.2x11.1x1.1x
Thu, 03 Feb 2022NT$1.1tNT$1.1tNT$99.0b12.6x11x1x
Sat, 01 Jan 2022NT$1.2tNT$1.1tNT$99.0b13.2x11.6x1.1x
Mon, 29 Nov 2021NT$1.1tNT$1.1tNT$99.0b12.8x11.2x1x
Wed, 27 Oct 2021NT$1.1tNT$947.3bNT$69.1b15.7x15.9x1.2x
Fri, 24 Sep 2021NT$1.2tNT$947.3bNT$69.1b17.3x16.7x1.2x
Sun, 22 Aug 2021NT$1.1tNT$947.3bNT$69.1b16.6x16.6x1.2x
Price to Earnings Ratio

16.6x


Total Market Cap: NT$1.1tTotal 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 29.3x202220232024
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 38.4x which is higher than its 3-year average PE of 29.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 30% 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 Market3.54%
Materials0.64%
Metals and Mining2.12%
Diversified Metals and Mining3.75%
Aluminum2.56%
Steel2.14%
Precious Metals and Minerals1.77%
Gold0%
Silver0%
Copper-0.18%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 29.3x.
    • Analysts are expecting annual earnings growth of 48.4%, which is higher than its past year's earnings growth of 2.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is better than its past earnings growth rate of 2.0% per year.
  • In contrast, the Aluminum industry is expected to see its earnings grow by 5.0% 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
2002 China SteelNT$22.752.0%
+NT$6.7b
-15.3%PE104.7x
9958 Century Iron and Steel IndustrialLtdNT$204.505.1%
+NT$2.6b
49.3%PE31.8x
2211 Evergreen SteelNT$120.504.8%
+NT$2.3b
82.9%PE13.7x
2015 Feng Hsin SteelNT$82.704.4%
+NT$2.0b
22.0%PE18.9x
2006 Tung Ho Steel EnterpriseNT$78.603.4%
+NT$1.9b
31.0%PE12.1x
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Latest News

2002

NT$22.75

China Steel

7D

2.0%

1Y

-15.3%

2034

NT$23.45

YC InoxLtd

7D

-1.1%

1Y

-12.7%

2069

NT$17.70

Yuen Chang Stainless Steel

7D

18.4%

1Y

6.6%

4989

NT$19.90

LCY Technology

7D

-3.6%

1Y

-26.7%

2015

NT$82.70

Feng Hsin Steel

7D

4.4%

1Y

22.0%

2017

NT$12.85

Quintain Steel

7D

-2.3%

1Y

-9.8%

2006

NT$78.60

Tung Ho Steel Enterprise

7D

3.4%

1Y

31.0%

2027

NT$34.80

Ta Chen Stainless Pipe

7D

-1.4%

1Y

-4.1%

2020

NT$28.00

Mayer Steel Pipe

7D

-0.7%

1Y

28.5%

7702

NT$83.30

APEX Wind Power Equipment Manufacturing

7D

-1.2%

1Y

n/a

1589

NT$40.25

Yeong Guan Energy Technology Group

7D

-1.3%

1Y

-24.3%

9957

NT$6.57

Yieh United Steel

7D

7.4%

1Y

-10.2%