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Taiwanese (TAIEX) Tech Sector Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies867
  • 7D-2.0%
  • 3M4.4%
  • 1Y40.5%
  • YTD38.4%

Over the last 7 days, the Tech industry has dropped 2.0%, driven by a pullback from Taiwan Semiconductor Manufacturing of 2.8%. On the other hand Alchip Technologies is actually up 12%. In the past year, the industry has gained 40%. 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
Sun, 22 Dec 2024NT$52.3tNT$27.6tNT$2.1t24x24.8x1.9x
Tue, 19 Nov 2024NT$51.6tNT$27.5tNT$2.1t23.5x24.5x1.9x
Thu, 17 Oct 2024NT$52.8tNT$26.3tNT$2.0t24.4x26.7x2x
Sat, 14 Sep 2024NT$48.9tNT$26.3tNT$2.0t23.7x24.7x1.9x
Mon, 12 Aug 2024NT$47.8tNT$25.9tNT$2.0t23.9x24.5x1.8x
Wed, 10 Jul 2024NT$54.9tNT$25.3tNT$1.8t26.7x29.8x2.2x
Fri, 07 Jun 2024NT$48.6tNT$25.3tNT$1.8t25.9x26.4x1.9x
Sun, 05 May 2024NT$44.0tNT$25.2tNT$1.8t26x25x1.7x
Tue, 02 Apr 2024NT$44.4tNT$25.1tNT$1.7t25.3x25.6x1.8x
Thu, 29 Feb 2024NT$41.0tNT$25.4tNT$1.7t23.8x23.9x1.6x
Sat, 27 Jan 2024NT$38.4tNT$25.4tNT$1.7t22.5x22.4x1.5x
Mon, 25 Dec 2023NT$36.6tNT$25.4tNT$1.8t22.4x20.6x1.4x
Wed, 22 Nov 2023NT$36.0tNT$25.4tNT$1.8t21.5x20.2x1.4x
Fri, 20 Oct 2023NT$33.7tNT$26.1tNT$1.9t19.9x17.4x1.3x
Sun, 17 Sep 2023NT$34.6tNT$26.1tNT$1.9t20.7x17.8x1.3x
Tue, 15 Aug 2023NT$33.0tNT$26.3tNT$1.9t19.3x17x1.3x
Thu, 13 Jul 2023NT$34.4tNT$26.7tNT$2.1t18.9x16.4x1.3x
Sat, 10 Jun 2023NT$33.4tNT$26.8tNT$2.1t18.5x15.9x1.2x
Mon, 08 May 2023NT$30.1tNT$27.2tNT$2.2t15.3x13.4x1.1x
Wed, 05 Apr 2023NT$31.3tNT$27.4tNT$2.3t14.9x13.6x1.1x
Fri, 03 Mar 2023NT$30.2tNT$27.6tNT$2.4t13.4x12.8x1.1x
Sun, 29 Jan 2023NT$28.4tNT$27.7tNT$2.5t11.9x11.5x1x
Tue, 27 Dec 2022NT$26.8tNT$27.5tNT$2.3t11.4x11.5x1x
Thu, 24 Nov 2022NT$28.1tNT$27.5tNT$2.3t11.7x12x1x
Sat, 22 Oct 2022NT$23.7tNT$27.0tNT$2.4t11x10x0.9x
Mon, 19 Sep 2022NT$27.4tNT$26.8tNT$2.2t13x12.2x1x
Wed, 17 Aug 2022NT$29.5tNT$26.8tNT$2.2t13.1x13.2x1.1x
Fri, 15 Jul 2022NT$27.0tNT$26.3tNT$2.2t12.8x12.5x1x
Sun, 12 Jun 2022NT$31.5tNT$26.3tNT$2.2t14.7x14.6x1.2x
Tue, 10 May 2022NT$30.1tNT$25.9tNT$2.2t14.3x14x1.2x
Thu, 07 Apr 2022NT$33.5tNT$25.5tNT$2.0t16.4x16.4x1.3x
Sat, 05 Mar 2022NT$34.6tNT$25.3tNT$2.0t17.6x17.3x1.4x
Mon, 31 Jan 2022NT$35.5tNT$25.0tNT$1.9t17.9x18.4x1.4x
Wed, 29 Dec 2021NT$36.7tNT$24.9tNT$1.9t19.1x19.2x1.5x
Price to Earnings Ratio

19.2x


Total Market Cap: NT$36.7tTotal Earnings: NT$1.9tTotal Revenue: NT$24.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tech Sector Price to Earnings3Y Average 18.7x202220232024
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 24.8x which is higher than its 3-year average PE of 18.7x.
  • 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 3.5% 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-2.11%
Tech-2.00%
Communications2.65%
Electronic Equipment and Components-1.75%
Tech Hardware-1.89%
Semiconductors-2.19%
IT-2.60%
Software-3.56%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 26.9x.
    • Analysts are expecting annual earnings growth of 27.0%, which is higher than its past year's earnings decline of 9.2% 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 17.5x.
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
3661 Alchip TechnologiesNT$3.24k11.6%
+NT$26.8b
-4.0%PE45.1x
6669 WiwynnNT$2.64k5.0%
+NT$23.2b
43.5%PE25.5x
2303 United MicroelectronicsNT$42.352.2%
+NT$11.3b
-15.3%PE10.5x
3019 Asia OpticalNT$163.5027.7%
+NT$9.9b
139.0%PE30x
6285 Wistron NeWebNT$137.5016.0%
+NT$9.2b
-10.1%PE20.2x
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Latest News

2454

NT$1,390.00

MediaTek

7D

-1.4%

1Y

40.4%

2303

NT$42.35

United Microelectronics

7D

2.2%

1Y

-15.3%

3661

NT$3,235.00

Alchip Technologies

7D

11.6%

1Y

-4.0%

2317

NT$181.00

Hon Hai Precision Industry

7D

-2.9%

1Y

74.9%

2308

NT$412.00

Delta Electronics

7D

-2.6%

1Y

34.9%

5347

NT$97.30

Vanguard International Semiconductor

7D

5.4%

1Y

24.4%