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Taiwanese (TAIEX) Tech Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies860
  • 7D-1.4%
  • 3M3.6%
  • 1Y43.3%
  • YTD37.8%

Over the last 7 days, the Tech industry has dropped 1.4%, driven by a pullback from Taiwan Semiconductor Manufacturing of 1.0%. Over the past 12 months, the industry was up 43%. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NT$51.9tNT$27.5tNT$2.1t23.8x24.6x1.9x
Sat, 19 Oct 2024NT$53.9tNT$26.5tNT$2.1t24.3x25.8x2x
Mon, 16 Sep 2024NT$48.9tNT$26.3tNT$2.0t23.7x24.7x1.9x
Wed, 14 Aug 2024NT$48.7tNT$25.9tNT$2.0t24.6x24.9x1.9x
Fri, 12 Jul 2024NT$56.2tNT$25.3tNT$1.8t27.2x30.5x2.2x
Sun, 09 Jun 2024NT$48.3tNT$25.3tNT$1.8t26.3x26.2x1.9x
Tue, 07 May 2024NT$44.4tNT$25.2tNT$1.8t25.8x25.2x1.8x
Thu, 04 Apr 2024NT$44.9tNT$25.1tNT$1.7t25.8x25.8x1.8x
Sat, 02 Mar 2024NT$41.1tNT$25.3tNT$1.7t24.2x24.1x1.6x
Mon, 29 Jan 2024NT$38.4tNT$25.4tNT$1.7t22.5x22.4x1.5x
Wed, 27 Dec 2023NT$36.7tNT$25.4tNT$1.8t22.7x20.7x1.4x
Fri, 24 Nov 2023NT$35.7tNT$25.4tNT$1.8t22x20.1x1.4x
Sun, 22 Oct 2023NT$33.8tNT$26.1tNT$1.9t19.6x17.5x1.3x
Tue, 19 Sep 2023NT$33.9tNT$26.1tNT$1.9t20.7x17.5x1.3x
Thu, 17 Aug 2023NT$33.4tNT$26.1tNT$1.9t19.8x17.2x1.3x
Sat, 15 Jul 2023NT$35.3tNT$26.7tNT$2.1t19.5x16.9x1.3x
Mon, 12 Jun 2023NT$33.4tNT$26.8tNT$2.1t18.5x15.9x1.2x
Wed, 10 May 2023NT$30.3tNT$27.2tNT$2.2t15.2x13.6x1.1x
Fri, 07 Apr 2023NT$31.0tNT$27.4tNT$2.3t14.8x13.5x1.1x
Sun, 05 Mar 2023NT$30.2tNT$27.6tNT$2.4t13.5x12.8x1.1x
Tue, 31 Jan 2023NT$29.9tNT$27.7tNT$2.5t12.1x12.1x1.1x
Thu, 29 Dec 2022NT$26.4tNT$27.5tNT$2.3t11.4x11.3x1x
Sat, 26 Nov 2022NT$28.4tNT$27.5tNT$2.3t11.7x12.2x1x
Mon, 24 Oct 2022NT$23.6tNT$27.0tNT$2.4t11x10x0.9x
Wed, 21 Sep 2022NT$27.5tNT$26.8tNT$2.2t12.8x12.3x1x
Fri, 19 Aug 2022NT$29.5tNT$26.8tNT$2.2t13.1x13.2x1.1x
Sun, 17 Jul 2022NT$27.6tNT$26.4tNT$2.3t12.9x12.2x1x
Tue, 14 Jun 2022NT$30.6tNT$26.3tNT$2.2t14.4x14.2x1.2x
Thu, 12 May 2022NT$30.2tNT$25.9tNT$2.2t14.4x14x1.2x
Sat, 09 Apr 2022NT$32.8tNT$25.5tNT$2.0t16.3x16x1.3x
Mon, 07 Mar 2022NT$34.6tNT$25.2tNT$2.0t17.5x17.4x1.4x
Wed, 02 Feb 2022NT$35.5tNT$25.1tNT$2.0t17.9x18.2x1.4x
Fri, 31 Dec 2021NT$36.8tNT$25.0tNT$1.9t19.4x19.3x1.5x
Sun, 28 Nov 2021NT$34.8tNT$24.9tNT$1.9t18x18.3x1.4x
Price to Earnings Ratio

18.3x


Total Market Cap: NT$34.8tTotal Earnings: NT$1.9tTotal Revenue: NT$24.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tech Sector Price to Earnings3Y Average 18.1x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.6x which is higher than its 3-year average PE of 18.1x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 3.4% per year over the last three years.
  • Revenues for these companies have grown 3.4% 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 Market-0.79%
Tech-1.42%
Communications-0.82%
Semiconductors-0.94%
Electronic Equipment and Components-2.42%
IT-2.48%
Tech Hardware-2.85%
Software-2.93%
Industry PE
  • Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 44.2x.
    • Analysts are expecting annual earnings growth of 59.1%, which is higher than its past year's earnings growth of 16.8% per year.
  • Investors are most pessimistic about the Tech Hardware industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.1x.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 16% 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
2454 MediaTekNT$1.28k1.6%
+NT$31.9b		35.4%PE18.8x
7769 Hon. PrecisionNT$1.22k17.9%
+NT$29.9b		n/aPE61.3x
5347 Vanguard International SemiconductorNT$89.90-2.7%
NT$13.9b		10.9%PE21.8x
2395 AdvantechNT$340.004.6%
+NT$12.9b		-1.4%PE33.9x
3706 MiTAC HoldingsNT$72.7014.5%
+NT$11.1b		78.4%PE32.2x
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Latest News

5347

NT$89.90

Vanguard International Semiconductor

7D

-2.7%

1Y

10.9%

3706

NT$72.70

MiTAC Holdings

7D

14.5%

1Y

78.4%

2354

NT$84.50

Foxconn Technology

7D

-9.7%

1Y

58.5%

Foxconn Technology's (TWSE:2354) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 18
Foxconn Technology's (TWSE:2354) Weak Earnings May Only Reveal A Part Of The Whole Picture

2376

NT$279.00

Giga-Byte Technology

7D

-7.2%

1Y

19.5%

Earnings Miss: Giga-Byte Technology Co., Ltd. Missed EPS By 34% And Analysts Are Revising Their Forecasts

Nov 17
Earnings Miss: Giga-Byte Technology Co., Ltd. Missed EPS By 34% And Analysts Are Revising Their Forecasts

3231

NT$114.00

Wistron

7D

-5.8%

1Y

16.8%

Analyst Estimates: Here's What Brokers Think Of Wistron Corporation (TWSE:3231) After Its Third-Quarter Report

Nov 17
Analyst Estimates: Here's What Brokers Think Of Wistron Corporation (TWSE:3231) After Its Third-Quarter Report

2382

NT$295.50

Quanta Computer

7D

-8.2%

1Y

41.7%

Results: Quanta Computer Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 17
Results: Quanta Computer Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

2317

NT$206.00

Hon Hai Precision Industry

7D

-4.0%

1Y

102.0%

2345

NT$625.00

Accton Technology

7D

2.8%

1Y

11.2%

Accton Technology's (TWSE:2345) Solid Earnings Have Been Accounted For Conservatively

Nov 15
Accton Technology's (TWSE:2345) Solid Earnings Have Been Accounted For Conservatively

2395

NT$340.00

Advantech

7D

4.6%

1Y

-1.4%

8299

NT$446.50

Phison Electronics

7D

7.5%

1Y

-5.0%

2330

NT$1,025.00

Taiwan Semiconductor Manufacturing

7D

-1.0%

1Y

77.6%

2308

NT$386.50

Delta Electronics

7D

-1.8%

1Y

25.7%

Delta Electronics (TWSE:2308) Is Looking To Continue Growing Its Returns On Capital

Nov 13
Delta Electronics (TWSE:2308) Is Looking To Continue Growing Its Returns On Capital

3036

NT$114.50

WT Microelectronics

7D

5.0%

1Y

0.4%

Shareholders Will Be Pleased With The Quality of WT Microelectronics' (TWSE:3036) Earnings

Nov 12
Shareholders Will Be Pleased With The Quality of WT Microelectronics' (TWSE:3036) Earnings

3037

NT$157.50

Unimicron Technology

7D

-7.1%

1Y

-7.9%

Some Investors May Be Willing To Look Past Unimicron Technology's (TWSE:3037) Soft Earnings

Nov 08
Some Investors May Be Willing To Look Past Unimicron Technology's (TWSE:3037) Soft Earnings

2454

NT$1,275.00

MediaTek

7D

1.6%

1Y

35.4%