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Taiwanese (TAIEX) Communications Industry Analysis

UpdatedApr 24, 2024
DataAggregated Company Financials
Companies59
  • 7D-2.1%
  • 3M-11.8%
  • 1Y29.9%
  • YTD-10.2%

Over the last 7 days, the Communications industry has dropped 8.4%, driven by a pullback from Accton Technology of 2.2%. Meanwhile, Comtrend actually outperformed within the industry, gaining 16% in the last week. This takes the industry's 12 month performance to a gain of 27%. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

Has the Taiwanese Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Apr 2024NT$660.9bNT$528.5bNT$24.7b25.9x26.8x1.3x
Fri, 22 Mar 2024NT$729.2bNT$531.4bNT$24.9b26.7x29.3x1.4x
Sun, 18 Feb 2024NT$767.3bNT$544.8bNT$26.4b28.8x29x1.4x
Tue, 16 Jan 2024NT$736.4bNT$544.8bNT$26.4b28.4x27.9x1.4x
Thu, 14 Dec 2023NT$750.5bNT$544.8bNT$26.4b28.4x28.4x1.4x
Sat, 11 Nov 2023NT$709.1bNT$555.7bNT$28.7b23.5x24.7x1.3x
Mon, 09 Oct 2023NT$701.3bNT$559.1bNT$29.1b21.3x24.1x1.3x
Wed, 06 Sep 2023NT$678.6bNT$559.2bNT$29.1b21.5x23.3x1.2x
Fri, 04 Aug 2023NT$582.8bNT$557.4bNT$27.5b20.1x21.2x1x
Sun, 02 Jul 2023NT$555.3bNT$550.4bNT$26.9b20.5x20.6x1x
Tue, 30 May 2023NT$542.5bNT$549.4bNT$26.9b20.5x20.1x1x
Thu, 27 Apr 2023NT$488.8bNT$531.3bNT$25.1b19.2x19.5x0.9x
Sat, 25 Mar 2023NT$511.7bNT$528.1bNT$25.2b17.6x20.3x1x
Mon, 20 Feb 2023NT$460.1bNT$490.5bNT$23.7b16.3x19.4x0.9x
Wed, 18 Jan 2023NT$416.4bNT$490.5bNT$23.7b14.8x17.6x0.8x
Fri, 16 Dec 2022NT$432.6bNT$490.5bNT$23.7b15.1x18.3x0.9x
Sun, 13 Nov 2022NT$408.9bNT$487.4bNT$21.7b15.7x18.8x0.8x
Tue, 11 Oct 2022NT$432.0bNT$450.2bNT$17.5b18.9x24.7x1x
Thu, 08 Sep 2022NT$436.5bNT$450.2bNT$17.5b19.7x25x1x
Sat, 06 Aug 2022NT$431.7bNT$433.6bNT$15.8b20.5x27.3x1x
Mon, 04 Jul 2022NT$365.3bNT$427.4bNT$15.1b17.4x24.2x0.9x
Wed, 01 Jun 2022NT$401.5bNT$427.4bNT$15.1b19.3x26.6x0.9x
Fri, 29 Apr 2022NT$399.9bNT$415.6bNT$14.8b22.1x27x1x
Sun, 27 Mar 2022NT$402.6bNT$415.9bNT$15.3b22.1x26.3x1x
Tue, 22 Feb 2022NT$437.6bNT$413.2bNT$14.5b23.4x30.3x1.1x
Thu, 20 Jan 2022NT$436.6bNT$413.2bNT$14.5b23.8x30.2x1.1x
Sat, 18 Dec 2021NT$441.8bNT$413.1bNT$14.4b24.2x30.6x1.1x
Mon, 15 Nov 2021NT$447.5bNT$414.7bNT$15.7b23.8x28.5x1.1x
Wed, 13 Oct 2021NT$397.2bNT$417.1bNT$17.2b19.6x23x1x
Fri, 10 Sep 2021NT$402.9bNT$413.9bNT$17.1b20.3x23.6x1x
Sun, 08 Aug 2021NT$457.4bNT$413.9bNT$17.1b21.5x26.8x1.1x
Sat, 01 May 2021NT$487.1bNT$408.8bNT$18.3b21.1x26.6x1.2x
Price to Earnings Ratio

26.6x


Total Market Cap: NT$487.1bTotal Earnings: NT$18.3bTotal Revenue: NT$408.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Communications Industry Price to Earnings3Y Average 24.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Communications industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 24.7x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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 industry?

TW Market-1.61%
Tech-3.62%
Communications-2.12%
Communications Equipment-2.12%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
2345 Accton TechnologyNT$412.001.0%
+NT$2.2b		40.9%PE25.8x
6285 Wistron NeWebNT$150.002.4%
+NT$1.7b		64.3%PE19.1x
8089 ComtrendNT$72.007.6%
+NT$299.2m		220.0%PS4.8x
5388 SercommNT$124.500.8%
+NT$295.9m		53.5%PE15.4x
4905 Tainet Communication SystemNT$102.0010.6%
+NT$286.7m		100.0%PE18.2x
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8059

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220.0%

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NT$17.75

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