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Taiwanese (TAIEX) Real Estate Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies65
  • 7D1.4%
  • 3M5.2%
  • 1Y11.8%
  • YTD0.8%

In the last week, the Real Estate industry is up 2.1%, with Sakura DevelopmentLtd up 18%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 31% per annum.

Sector Valuation and Performance

Has the Taiwanese Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024NT$917.1bNT$309.5bNT$40.1b20.5x22.9x3x
Mon, 22 Jan 2024NT$885.6bNT$310.1bNT$35.9b20.2x24.7x2.9x
Wed, 20 Dec 2023NT$888.9bNT$309.7bNT$35.6b19.4x24.9x2.9x
Fri, 17 Nov 2023NT$843.8bNT$287.7bNT$34.6b17.7x24.4x2.9x
Sun, 15 Oct 2023NT$817.9bNT$284.6bNT$32.1b20.1x25.5x2.9x
Tue, 12 Sep 2023NT$805.6bNT$284.5bNT$32.1b20.5x25.1x2.8x
Thu, 10 Aug 2023NT$810.5bNT$288.8bNT$36.2b17.5x22.4x2.8x
Sat, 08 Jul 2023NT$806.6bNT$299.7bNT$38.5b16.4x20.9x2.7x
Mon, 05 Jun 2023NT$821.7bNT$304.6bNT$40.6b17.2x20.3x2.7x
Wed, 03 May 2023NT$808.8bNT$313.4bNT$46.6b18.6x17.4x2.6x
Fri, 31 Mar 2023NT$788.6bNT$313.6bNT$46.5b18.1x16.9x2.5x
Sun, 26 Feb 2023NT$819.2bNT$323.4bNT$58.0b16.5x14.1x2.5x
Tue, 24 Jan 2023NT$791.5bNT$326.8bNT$58.7b12.6x13.5x2.4x
Thu, 22 Dec 2022NT$782.7bNT$326.8bNT$58.7b12.6x13.3x2.4x
Sat, 19 Nov 2022NT$792.0bNT$324.4bNT$57.5b12.9x13.8x2.4x
Mon, 17 Oct 2022NT$764.4bNT$343.3bNT$61.8b13.3x12.4x2.2x
Wed, 14 Sep 2022NT$807.6bNT$343.1bNT$61.7b13.9x13.1x2.4x
Fri, 12 Aug 2022NT$804.1bNT$354.3bNT$63.2b12.5x12.7x2.3x
Sun, 10 Jul 2022NT$808.4bNT$353.4bNT$63.7b12.9x12.7x2.3x
Tue, 07 Jun 2022NT$858.3bNT$353.8bNT$63.7b13.9x13.5x2.4x
Thu, 05 May 2022NT$865.2bNT$341.6bNT$65.6b13.1x13.2x2.5x
Sat, 02 Apr 2022NT$875.2bNT$342.3bNT$67.3b13.6x13x2.6x
Mon, 28 Feb 2022NT$842.8bNT$342.9bNT$63.6b11.9x13.2x2.5x
Wed, 26 Jan 2022NT$807.1bNT$346.3bNT$63.2b11.7x12.8x2.3x
Fri, 24 Dec 2021NT$809.7bNT$346.3bNT$63.2b11.6x12.8x2.3x
Sun, 21 Nov 2021NT$829.4bNT$345.2bNT$63.2b11.5x13.1x2.4x
Tue, 19 Oct 2021NT$785.7bNT$335.7bNT$63.6b12.6x12.4x2.3x
Thu, 16 Sep 2021NT$789.5bNT$336.7bNT$64.3b13x12.3x2.3x
Sat, 14 Aug 2021NT$789.8bNT$337.9bNT$65.1b13.3x12.1x2.3x
Wed, 09 Jun 2021NT$756.3bNT$329.7bNT$63.7b14.3x11.9x2.3x
Tue, 02 Mar 2021NT$743.7bNT$311.4bNT$50.8b15.2x14.6x2.4x
Price to Earnings Ratio

14.6x


Total Market Cap: NT$743.7bTotal Earnings: NT$50.8bTotal Revenue: NT$311.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Real Estate Sector Price to Earnings3Y Average 15.8x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.9x which is higher than its 3-year average PE of 15.8x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 7.6% 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 Real Estate sector?

TW Market1.45%
Real Estate1.44%
Real Estate1.59%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs-0.23%
REITS-0.52%
Industry PE
  • Investors are most optimistic about the REITS industry which is trading above its 3-year average PE ratio of 52.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.9x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 31% 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
2539 Sakura DevelopmentLtdNT$62.0018.3%
+NT$8.2b
106.8%PE52.5x
2530 Delpha ConstructionLtdNT$38.906.6%
+NT$2.0b
121.0%PE102.6x
9945 Ruentex DevelopmentLtdNT$36.701.4%
+NT$1.4b
-25.7%PE17.7x
5508 Yungshin Construction & DevelopmentLtdNT$98.702.7%
+NT$565.3m
66.7%PE11.4x
6177 Da-Li DevelopmentLtdNT$34.753.0%
+NT$407.7m
16.9%PE35.9x
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Latest News

2539

NT$62.00

Sakura DevelopmentLtd

7D

18.3%

1Y

106.8%

5604

NT$45.05

Chung Lien

7D

-5.7%

1Y

-16.0%

1435

NT$52.50

Chung Fu Tex-International

7D

5.5%

1Y

n/a

6177

NT$34.75

Da-Li DevelopmentLtd

7D

3.0%

1Y

16.9%

5522

NT$56.00

Farglory Land Development

7D

-0.7%

1Y

-5.1%

2505

NT$23.05

Kuo Yang ConstructionLtd

7D

4.8%

1Y

20.1%

2923

NT$25.00

Sino Horizon Holdings

7D

-1.6%

1Y

1.6%

9945

NT$36.70

Ruentex DevelopmentLtd

7D

1.4%

1Y

-25.7%

2527

NT$31.40

Hung Ching Development & Construction

7D

4.8%

1Y

44.0%

2540

NT$87.30

JSL Construction & Development

7D

-2.9%

1Y

53.5%

5508

NT$98.70

Yungshin Construction & DevelopmentLtd

7D

2.7%

1Y

66.7%

9940

NT$29.25

Sinyi Realty

7D

-1.2%

1Y

3.0%

6186

NT$55.70

Shin Ruenn development

7D

-3.8%

1Y

47.4%

2501

NT$18.70

Cathay Real Estate DevelopmentLtd

7D

-1.3%

1Y

8.1%

2530

NT$38.90

Delpha ConstructionLtd

7D

6.6%

1Y

121.0%

01002T

NT$17.13

Cathay No.1 REIT

7D

-1.0%

1Y

-4.1%