Taiwanese (TAIEX) Real Estate Industry Analysis
UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies62
- 7D1.5%
- 3M5.3%
- 1Y-3.6%
- YTD3.0%
In the last week, the Real Estate industry is up 1.0%, with Ruentex DevelopmentLtd up 1.9%. During this same period, the JSL Construction & Development underperformed, falling 6.1%. In the past year, the industry is down 4.1%. Looking forward, earnings are forecast to grow by 1.5% annually.
Industry Valuation and Performance
Has the Taiwanese Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 Feb 2023 | NT$734.3b | NT$324.5b | NT$57.1b | 12.7x | 12.9x | 2.3x |
| Mon, 02 Jan 2023 | NT$714.9b | NT$324.5b | NT$57.1b | 12.2x | 12.5x | 2.2x |
| Wed, 30 Nov 2022 | NT$737.7b | NT$324.3b | NT$57.1b | 12.6x | 12.9x | 2.3x |
| Fri, 28 Oct 2022 | NT$702.1b | NT$338.5b | NT$59.6b | 12.3x | 11.8x | 2.1x |
| Sun, 25 Sep 2022 | NT$711.9b | NT$340.9b | NT$60.1b | 12.4x | 11.8x | 2.1x |
| Tue, 23 Aug 2022 | NT$738.7b | NT$342.8b | NT$61.1b | 13x | 12.1x | 2.2x |
| Thu, 21 Jul 2022 | NT$726.8b | NT$351.2b | NT$62.1b | 11.6x | 11.7x | 2.1x |
| Sat, 18 Jun 2022 | NT$760.3b | NT$351.2b | NT$62.1b | 11.8x | 12.2x | 2.2x |
| Mon, 16 May 2022 | NT$754.2b | NT$349.0b | NT$65.1b | 12.6x | 11.6x | 2.2x |
| Wed, 13 Apr 2022 | NT$781.7b | NT$339.4b | NT$63.9b | 12.7x | 12.2x | 2.3x |
| Fri, 11 Mar 2022 | NT$777.7b | NT$348.6b | NT$63.1b | 11.5x | 12.3x | 2.2x |
| Sun, 06 Feb 2022 | NT$747.4b | NT$345.1b | NT$62.3b | 11.5x | 12x | 2.2x |
| Tue, 04 Jan 2022 | NT$752.5b | NT$345.1b | NT$62.3b | 11.2x | 12.1x | 2.2x |
| Thu, 02 Dec 2021 | NT$755.9b | NT$345.1b | NT$62.3b | 11.2x | 12.1x | 2.2x |
| Sat, 30 Oct 2021 | NT$763.2b | NT$334.4b | NT$62.7b | 11.6x | 12.2x | 2.3x |
| Mon, 27 Sep 2021 | NT$717.8b | NT$334.4b | NT$62.7b | 11.4x | 11.4x | 2.1x |
| Wed, 25 Aug 2021 | NT$687.0b | NT$334.4b | NT$62.7b | 11.2x | 11x | 2.1x |
| Thu, 01 Jul 2021 | NT$665.9b | NT$334.4b | NT$62.7b | 11.1x | 10.6x | 2x |
| Sun, 04 Apr 2021 | NT$675.6b | NT$326.2b | NT$61.3b | 11.7x | 11x | 2.1x |
| Wed, 06 Jan 2021 | NT$634.4b | NT$307.9b | NT$48.4b | 13.9x | 13.1x | 2.1x |
| Sat, 10 Oct 2020 | NT$588.8b | NT$276.4b | NT$39.5b | 15.7x | 14.9x | 2.1x |
| Fri, 03 Jul 2020 | NT$559.3b | NT$272.5b | NT$40.1b | 15.4x | 13.9x | 2.1x |
| Mon, 06 Apr 2020 | NT$472.2b | NT$256.4b | NT$36.3b | 13.5x | 13x | 1.8x |
Price to Earnings Ratio
13.2x
Current Industry PE
- Investors are relatively neutral on the Taiwanese Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 12.7x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 7.3% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Taiwanese Real Estate industry?
| TW Market | 4.55% | |
| Real Estate | 1.39% | |
| Real Estate | 1.53% | |
| Real Estate Services | 2.30% | |
| Diversified Real Estate | 2.11% | |
| Real Estate Operating Companies | 1.66% | |
| Real Estate Development | 1.34% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 26.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Diversified Real Estate industry, which is trading below its 3-year average of 16.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 17% over the next 5 years.
- However this is lower than its past earnings growth rate of 39% per year.
- In contrast, the Real Estate Development industry is expected to see its earnings decline by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9945 Ruentex DevelopmentLtd | NT$45.10 | 2.7% +NT$3.8b | 6.2% | PB6.8x | |
| 2542 Highwealth Construction | NT$41.80 | 2.7% +NT$1.8b | -1.7% | PB1.7x | |
| 2923 Sino Horizon Holdings | NT$22.15 | 2.8% +NT$1.0b | -17.0% | PB0.8x | |
| 2511 Prince Housing & Development | NT$11.50 | 5.0% +NT$892.5m | -10.9% | PB0.7x | |
| 5522 Farglory Land Development | NT$57.90 | 1.8% +NT$781.6m | -9.2% | PB1x |