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Taiwanese (TAIEX) Tech Sector Analysis

UpdatedNov 27, 2022
DataAggregated Company Financials
Companies832
  • 7D1.2%
  • 3M-1.5%
  • 1Y-19.0%
  • YTD-23.8%

Over the last 7 days, the Tech industry has risen 1.2%, driven by gains from Taiwan Semiconductor Manufacturing of 2.3%. However, the industry is down 19% over the past year. Looking forward, earnings are forecast to grow by 5.3% annually.

Sector Valuation and Performance

Has the Taiwanese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022NT$28.4tNT$27.5tNT$2.3t11.7x12.2x1x
Tue, 25 Oct 2022NT$23.6tNT$27.0tNT$2.4t11x10x0.9x
Thu, 22 Sep 2022NT$27.2tNT$26.8tNT$2.2t12.7x12.1x1x
Sat, 20 Aug 2022NT$29.5tNT$26.8tNT$2.2t13.4x13.2x1.1x
Mon, 18 Jul 2022NT$27.6tNT$26.4tNT$2.3t12.9x12.2x1x
Wed, 15 Jun 2022NT$30.5tNT$26.3tNT$2.2t14.3x14.1x1.2x
Fri, 13 May 2022NT$30.2tNT$25.9tNT$2.2t14.4x14x1.2x
Sun, 10 Apr 2022NT$32.8tNT$25.5tNT$2.0t16.3x16x1.3x
Tue, 08 Mar 2022NT$33.3tNT$25.3tNT$2.0t17x16.6x1.3x
Thu, 03 Feb 2022NT$35.5tNT$25.1tNT$2.0t17.9x18.1x1.4x
Sat, 01 Jan 2022NT$36.8tNT$25.0tNT$1.9t19.4x19.3x1.5x
Mon, 29 Nov 2021NT$34.8tNT$24.9tNT$1.9t18x18.3x1.4x
Wed, 27 Oct 2021NT$33.6tNT$24.4tNT$1.7t17.5x19.2x1.4x
Fri, 24 Sep 2021NT$33.5tNT$24.3tNT$1.7t17.8x19.5x1.4x
Sun, 22 Aug 2021NT$31.8tNT$24.3tNT$1.7t17.6x18.5x1.3x
Fri, 09 Jul 2021NT$34.2tNT$24.3tNT$1.7t18.2x19.9x1.4x
Thu, 01 Apr 2021NT$33.6tNT$23.5tNT$1.6t19.5x21.7x1.4x
Sun, 03 Jan 2021NT$29.2tNT$22.2tNT$1.3t19x22.1x1.3x
Wed, 07 Oct 2020NT$23.8tNT$21.3tNT$1.2t17x20.2x1.1x
Tue, 30 Jun 2020NT$20.6tNT$21.0tNT$1.1t17.7x18.9x1x
Fri, 03 Apr 2020NT$16.7tNT$20.7tNT$979.4b13.9x17x0.8x
Mon, 06 Jan 2020NT$20.7tNT$20.9tNT$941.5b18.8x22x1x
Price to Earnings Ratio

20.2x


Total Market Cap: NT$19.4tTotal Earnings: NT$958.6bTotal Revenue: NT$21.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tech Sector Price to Earnings3Y Average 18.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Taiwanese Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 12.2x which is lower than its 3-year average PE of 18.8x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 9.5% 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 Tech sector?

TW Market1.74%
Tech1.20%
IT1.94%
Semiconductors1.53%
Communications1.48%
Electronic Equipment and Components0.79%
Software0.038%
Tech Hardware-0.39%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 43.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Tech Hardware industry, which is trading below its 3-year average of 12.9x.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 63% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2330 Taiwan Semiconductor ManufacturingNT$498.002.3%
+NT$285.2b		-16.4%PE14.6x
2308 Delta ElectronicsNT$302.003.1%
+NT$23.4b		19.8%PE25.3x
8069 E Ink HoldingsNT$177.504.4%
+NT$8.6b		52.4%PE21.4x
8046 Nan Ya Printed Circuit BoardNT$271.005.0%
+NT$8.4b		-53.7%PE9.8x
2454 MediaTekNT$727.000.7%
+NT$8.0b		-27.7%PE8.9x
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Latest News

8069

NT$177.50

E Ink Holdings

7D

4.4%

1Y

52.4%

6415

NT$485.50

Silergy

7D

-3.7%

1Y

-56.3%

3034

NT$294.50

Novatek Microelectronics

7D

-2.3%

1Y

-36.3%

8046

NT$271.00

Nan Ya Printed Circuit Board

7D

5.0%

1Y

-53.7%

5347

NT$83.90

Vanguard International Semiconductor

7D

-4.8%

1Y

-43.3%

2454

NT$727.00

MediaTek

7D

0.7%

1Y

-27.7%

2330

NT$498.00

Taiwan Semiconductor Manufacturing

7D

2.3%

1Y

-16.4%

2408

NT$59.70

Nanya Technology

7D

-1.6%

1Y

-18.8%

2301

NT$64.50

Lite-On Technology

7D

-4.3%

1Y

7.3%

2379

NT$330.50

Realtek Semiconductor

7D

3.0%

1Y

-38.1%

2356

NT$24.00

Inventec

7D

-4.0%

1Y

-7.0%

2308

NT$302.00

Delta Electronics

7D

3.1%

1Y

19.8%

2377

NT$125.00

Micro-Star International

7D

-4.2%

1Y

-22.8%

2357

NT$265.00

ASUSTeK Computer

7D

3.5%

1Y

-25.6%

2376

NT$107.50

Giga-Byte Technology

7D

-4.9%

1Y

-20.4%

3711

NT$96.10

ASE Technology Holding

7D

1.3%

1Y

-5.3%