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Taiwanese (TAIEX) Tech Sector Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies853
  • 7D-4.6%
  • 3M21.0%
  • 1Y40.8%
  • YTD17.5%

The Tech is pretty flat in the last 7 days, but Silergy has stood out, gaining 13%. The past year has been better, since the industry has gained 43% in that time. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024NT$44.9tNT$25.1tNT$1.7t24.9x25.8x1.8x
Fri, 15 Mar 2024NT$43.7tNT$25.3tNT$1.7t23.7x25.5x1.7x
Sun, 11 Feb 2024NT$38.9tNT$25.4tNT$1.7t22.7x22.8x1.5x
Tue, 09 Jan 2024NT$36.3tNT$25.4tNT$1.8t22.2x20.5x1.4x
Thu, 07 Dec 2023NT$35.7tNT$25.4tNT$1.8t22.8x20.1x1.4x
Sat, 04 Nov 2023NT$33.8tNT$25.9tNT$1.8t19.9x18.5x1.3x
Mon, 02 Oct 2023NT$33.2tNT$26.1tNT$1.9t20.2x17.1x1.3x
Wed, 30 Aug 2023NT$33.8tNT$26.1tNT$1.9t19.9x17.4x1.3x
Fri, 28 Jul 2023NT$35.0tNT$26.6tNT$2.0t19.7x17.3x1.3x
Sun, 25 Jun 2023NT$34.3tNT$26.8tNT$2.1t18.9x16.3x1.3x
Tue, 23 May 2023NT$31.2tNT$27.0tNT$2.2t16.5x14.3x1.2x
Thu, 20 Apr 2023NT$30.5tNT$27.3tNT$2.3t15.8x13.4x1.1x
Sat, 18 Mar 2023NT$30.3tNT$27.4tNT$2.3t13.6x13x1.1x
Mon, 13 Feb 2023NT$30.4tNT$27.7tNT$2.4t12.6x12.6x1.1x
Wed, 11 Jan 2023NT$28.1tNT$27.5tNT$2.3t12x12x1x
Fri, 09 Dec 2022NT$27.8tNT$27.5tNT$2.3t12.1x11.9x1x
Sun, 06 Nov 2022NT$24.1tNT$27.1tNT$2.4t11.6x10.1x0.9x
Tue, 04 Oct 2022NT$24.6tNT$26.8tNT$2.2t11.7x11x0.9x
Thu, 01 Sep 2022NT$28.9tNT$26.8tNT$2.2t13.5x12.9x1.1x
Sat, 30 Jul 2022NT$28.6tNT$26.5tNT$2.3t13.4x12.5x1.1x
Mon, 27 Jun 2022NT$28.3tNT$26.3tNT$2.2t13.4x13.1x1.1x
Wed, 25 May 2022NT$30.3tNT$26.3tNT$2.2t14.1x14x1.2x
Fri, 22 Apr 2022NT$32.4tNT$25.6tNT$2.1t16x15.3x1.3x
Sun, 20 Mar 2022NT$33.8tNT$25.5tNT$2.0t17x16.7x1.3x
Tue, 15 Feb 2022NT$35.8tNT$25.1tNT$2.0t18.1x18x1.4x
Thu, 13 Jan 2022NT$37.0tNT$25.0tNT$1.9t18.8x19.4x1.5x
Sat, 11 Dec 2021NT$35.7tNT$24.9tNT$1.9t18.5x18.7x1.4x
Mon, 08 Nov 2021NT$34.5tNT$24.6tNT$1.8t17.6x19x1.4x
Wed, 06 Oct 2021NT$32.1tNT$24.3tNT$1.7t17x18.6x1.3x
Fri, 03 Sep 2021NT$34.9tNT$24.3tNT$1.7t18.4x20.3x1.4x
Sun, 01 Aug 2021NT$34.0tNT$24.3tNT$1.7t19.3x19.7x1.4x
Wed, 05 May 2021NT$35.2tNT$23.5tNT$1.6t20.2x22.7x1.5x
Price to Earnings Ratio

22.7x


Total Market Cap: NT$35.2tTotal Earnings: NT$1.6tTotal Revenue: NT$23.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tech Sector Price to Earnings3Y Average 16.9x202220232024
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 25.8x which is higher than its 3-year average PE of 16.9x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 3.8% per year over the last three years.
  • Revenues for these companies have grown 2.2% 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-3.71%
Tech-4.59%
Software-3.10%
Semiconductors-3.41%
IT-3.75%
Communications-6.43%
Tech Hardware-7.03%
Electronic Equipment and Components-7.07%
Industry PE
  • Investors are most optimistic about the Software industry, which is trading close to its 3-year average PE ratio of 46.4x.
    • Analysts are expecting annual earnings growth of 24.5%, which is higher than its past year's earnings growth of 9.1% per year.
  • Investors are most pessimistic about the IT industry, which is trading close to its 3-year average of 20.2x.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 9.1% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 18% 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
3017 Asia Vital ComponentsNT$638.0015.0%
+NT$31.8b		322.5%PE46.1x
2363 Silicon Integrated SystemsNT$68.9029.5%
+NT$11.8b		281.7%PE90.4x
3036 WT MicroelectronicsNT$162.008.7%
+NT$11.5b		137.5%PE38.4x
3034 Novatek MicroelectronicsNT$621.002.5%
+NT$9.1b		38.0%PE16.2x
6223 MPINT$414.0022.7%
+NT$7.2b		200.0%PE29.5x
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Latest News

2454

NT$1,050.00

MediaTek

7D

-12.1%

1Y

55.6%

MediaTek (TWSE:2454) Is Doing The Right Things To Multiply Its Share Price

Apr 17
MediaTek (TWSE:2454) Is Doing The Right Things To Multiply Its Share Price

3017

NT$638.00

Asia Vital Components

7D

15.0%

1Y

322.5%

Do Asia Vital Components' (TWSE:3017) Earnings Warrant Your Attention?

Apr 17
Do Asia Vital Components' (TWSE:3017) Earnings Warrant Your Attention?

6526

NT$698.00

Airoha Technology

7D

6.6%

1Y

-0.7%

Airoha Technology Corp.'s (TWSE:6526) Business Is Trailing The Industry But Its Shares Aren't

Apr 16
Airoha Technology Corp.'s (TWSE:6526) Business Is Trailing The Industry But Its Shares Aren't

2363

NT$68.90

Silicon Integrated Systems

7D

29.5%

1Y

281.7%

6223

NT$414.00

MPI

7D

22.7%

1Y

200.0%

3036

NT$162.00

WT Microelectronics

7D

8.7%

1Y

137.5%

2345

NT$408.00

Accton Technology

7D

-14.3%

1Y

27.7%

Is Accton Technology Corporation (TWSE:2345) Worth NT$473 Based On Its Intrinsic Value?

Apr 12
Is Accton Technology Corporation (TWSE:2345) Worth NT$473 Based On Its Intrinsic Value?

2317

NT$146.50

Hon Hai Precision Industry

7D

-5.2%

1Y

40.9%

Estimating The Intrinsic Value Of Hon Hai Precision Industry Co., Ltd. (TWSE:2317)

Apr 09
Estimating The Intrinsic Value Of Hon Hai Precision Industry Co., Ltd. (TWSE:2317)

7734

NT$1,900.00

AblePrint Technology

7D

18.8%

1Y

n/a

2382

NT$254.50

Quanta Computer

7D

-9.8%

1Y

195.9%

2308

NT$300.50

Delta Electronics

7D

-8.4%

1Y

-1.6%

3231

NT$114.50

Wistron

7D

-8.8%

1Y

150.8%

3034

NT$621.00

Novatek Microelectronics

7D

2.5%

1Y

38.0%

Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business

Mar 23
Novatek Microelectronics Corp.'s (TWSE:3034) Shares Lagging The Market But So Is The Business

2303

NT$50.30

United Microelectronics

7D

-5.5%

1Y

-1.8%

We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

Mar 22
We Think United Microelectronics (TWSE:2303) Can Stay On Top Of Its Debt

2330

NT$804.00

Taiwan Semiconductor Manufacturing

7D

-1.3%

1Y

57.6%

6669

NT$2,390.00

Wiwynn

7D

1.5%

1Y

106.9%