Tripod Technology Corporation's (TWSE:3044) Business And Shares Still Trailing The Market
Jan 20
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Taiwanese (TAIEX) Tech Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies870
- 7D4.2%
- 3M0.03%
- 1Y41.2%
- YTD2.7%
Last week, the Tech industry hasn't moved much but Taiwan Semiconductor Manufacturing is up 4.2% in that time. As for the the longer term, the industry is up 42% over the past 12 months. Earnings are forecast to grow by 19% annually.
Sector Valuation and Performance
Has the Taiwanese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | NT$54.7t | NT$27.8t | NT$2.2t | 23.3x | 24.3x | 2x |
| Thu, 19 Dec 2024 | NT$54.0t | NT$6.6t | NT$284.5b | 25x | 189.7x | 8.2x |
| Sat, 16 Nov 2024 | NT$52.3t | NT$27.2t | NT$2.1t | 24.2x | 24.8x | 1.9x |
| Mon, 14 Oct 2024 | NT$52.5t | NT$26.3t | NT$2.0t | 24.1x | 26.5x | 2x |
| Wed, 11 Sep 2024 | NT$46.9t | NT$26.3t | NT$2.0t | 22.9x | 23.7x | 1.8x |
| Fri, 09 Aug 2024 | NT$46.2t | NT$25.7t | NT$1.9t | 23.5x | 23.8x | 1.8x |
| Sun, 07 Jul 2024 | NT$53.5t | NT$25.3t | NT$1.8t | 27.4x | 29x | 2.1x |
| Tue, 04 Jun 2024 | NT$47.5t | NT$25.3t | NT$1.8t | 26.4x | 25.8x | 1.9x |
| Thu, 02 May 2024 | NT$44.2t | NT$25.2t | NT$1.8t | 25.8x | 25.2x | 1.8x |
| Sat, 30 Mar 2024 | NT$44.7t | NT$25.1t | NT$1.7t | 25.1x | 25.8x | 1.8x |
| Mon, 26 Feb 2024 | NT$41.1t | NT$25.4t | NT$1.7t | 24.1x | 23.9x | 1.6x |
| Wed, 24 Jan 2024 | NT$38.2t | NT$25.4t | NT$1.7t | 22.8x | 22.2x | 1.5x |
| Fri, 22 Dec 2023 | NT$36.4t | NT$25.4t | NT$1.8t | 22.3x | 20.5x | 1.4x |
| Sun, 19 Nov 2023 | NT$35.5t | NT$25.4t | NT$1.8t | 21.4x | 19.9x | 1.4x |
| Tue, 17 Oct 2023 | NT$34.5t | NT$26.1t | NT$1.9t | 20.4x | 17.8x | 1.3x |
| Thu, 14 Sep 2023 | NT$33.7t | NT$26.1t | NT$1.9t | 20.3x | 17.4x | 1.3x |
| Sat, 12 Aug 2023 | NT$33.3t | NT$26.5t | NT$2.0t | 19.4x | 17.1x | 1.3x |
| Mon, 10 Jul 2023 | NT$33.5t | NT$26.7t | NT$2.1t | 18.8x | 16x | 1.3x |
| Wed, 07 Jun 2023 | NT$33.0t | NT$26.8t | NT$2.1t | 18.1x | 15.7x | 1.2x |
| Fri, 05 May 2023 | NT$30.0t | NT$27.2t | NT$2.2t | 15.4x | 13.4x | 1.1x |
| Sun, 02 Apr 2023 | NT$31.3t | NT$27.4t | NT$2.3t | 14.9x | 13.6x | 1.1x |
| Tue, 28 Feb 2023 | NT$29.8t | NT$27.6t | NT$2.4t | 13.3x | 12.6x | 1.1x |
| Thu, 26 Jan 2023 | NT$28.4t | NT$27.7t | NT$2.5t | 11.9x | 11.5x | 1x |
| Sat, 24 Dec 2022 | NT$26.8t | NT$27.5t | NT$2.3t | 11.4x | 11.5x | 1x |
| Mon, 21 Nov 2022 | NT$28.1t | NT$27.5t | NT$2.3t | 11.7x | 12x | 1x |
| Wed, 19 Oct 2022 | NT$24.4t | NT$27.0t | NT$2.4t | 11.3x | 10.4x | 0.9x |
| Fri, 16 Sep 2022 | NT$27.8t | NT$26.8t | NT$2.2t | 13.1x | 12.4x | 1x |
| Sun, 14 Aug 2022 | NT$29.1t | NT$26.6t | NT$2.2t | 13x | 12.9x | 1.1x |
| Tue, 12 Jul 2022 | NT$26.6t | NT$26.3t | NT$2.2t | 12.7x | 12.3x | 1x |
| Thu, 09 Jun 2022 | NT$31.5t | NT$26.3t | NT$2.2t | 14.6x | 14.6x | 1.2x |
| Sat, 07 May 2022 | NT$30.8t | NT$25.8t | NT$2.1t | 15.1x | 14.3x | 1.2x |
| Mon, 04 Apr 2022 | NT$34.0t | NT$25.5t | NT$2.0t | 16.5x | 16.6x | 1.3x |
| Wed, 02 Mar 2022 | NT$35.1t | NT$25.2t | NT$2.0t | 17.8x | 17.5x | 1.4x |
| Fri, 28 Jan 2022 | NT$35.5t | NT$25.0t | NT$1.9t | 17.9x | 18.4x | 1.4x |
Price to Earnings Ratio
18.4x
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 24.1x which is higher than its 3-year average PE of 18.9x.
- 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 5.2% per year over the last three years.
- Revenues for these companies have grown 3.6% 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 | 3.46% | |
| Tech | 4.16% | |
| Communications | 6.29% | |
| Semiconductors | 4.50% | |
| Electronic Equipment and Components | 3.99% | |
| Software | 3.11% | |
| Tech Hardware | 1.90% | |
| IT | 0.58% | |
Industry PE
- Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 27.2x.
- Analysts are expecting annual earnings growth of 26.9%, 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 17.7x.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 58% 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 17% 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 | |
|---|---|---|---|---|---|
| 2330 Taiwan Semiconductor Manufacturing | NT$1.13k | 3.2% +NT$907.6b | 79.1% | PE24.9x | |
| 2454 MediaTek | NT$1.48k | 5.4% +NT$119.5b | 61.9% | PE21.7x | |
| 2317 Hon Hai Precision Industry | NT$179.00 | 2.6% +NT$62.5b | 77.2% | PE15.6x | |
| 3711 ASE Technology Holding | NT$173.00 | 7.5% +NT$52.1b | 28.6% | PE23.1x | |
| 2308 Delta Electronics | NT$423.50 | 3.3% +NT$35.1b | 44.3% | PE29.7x |
