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Taiwanese (TAIEX) Electronic Equipment and Components Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies339
  • 7D1.4%
  • 3M6.6%
  • 1Y18.6%
  • YTD3.2%

Over the last 7 days, the Electronic Equipment and Components industry has risen 2.6%, driven by gains in Hon Hai Precision Industry and LARGAN PrecisionLtd of 1.5% and 6.5%, respectively. In the last 12 months, the industry was up 17%. Looking forward, earnings are forecast to grow by 23% annually.

Industry Valuation and Performance

Has the Taiwanese Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024NT$7.3tNT$11.9tNT$317.0b22.1x23.2x0.6x
Mon, 22 Jan 2024NT$6.8tNT$11.8tNT$306.5b20.6x22.3x0.6x
Wed, 20 Dec 2023NT$6.9tNT$11.8tNT$306.5b21.3x22.5x0.6x
Fri, 17 Nov 2023NT$6.7tNT$11.9tNT$312.8b19x21.3x0.6x
Sun, 15 Oct 2023NT$6.8tNT$12.1tNT$325.6b18.5x21x0.6x
Tue, 12 Sep 2023NT$6.7tNT$12.1tNT$324.8b18.4x20.6x0.6x
Thu, 10 Aug 2023NT$6.9tNT$12.4tNT$334.0b17.4x20.6x0.6x
Sat, 08 Jul 2023NT$6.7tNT$12.5tNT$354.2b16.9x18.9x0.5x
Mon, 05 Jun 2023NT$6.6tNT$12.4tNT$373.2b16.5x17.7x0.5x
Wed, 03 May 2023NT$6.2tNT$12.6tNT$419.3b14.4x14.7x0.5x
Fri, 31 Mar 2023NT$6.2tNT$12.7tNT$436.0b13.6x14.2x0.5x
Sun, 26 Feb 2023NT$6.0tNT$12.7tNT$460.4b12.2x13.1x0.5x
Tue, 24 Jan 2023NT$5.7tNT$12.7tNT$495.3b11.1x11.5x0.4x
Thu, 22 Dec 2022NT$5.7tNT$12.7tNT$495.3b10.9x11.5x0.4x
Sat, 19 Nov 2022NT$5.9tNT$12.7tNT$491.3b11.1x12x0.5x
Mon, 17 Oct 2022NT$5.6tNT$12.4tNT$529.7b10.5x10.5x0.4x
Wed, 14 Sep 2022NT$6.1tNT$12.4tNT$529.8b12.3x11.6x0.5x
Fri, 12 Aug 2022NT$6.2tNT$12.3tNT$575.0b12.2x10.8x0.5x
Sun, 10 Jul 2022NT$5.7tNT$12.3tNT$565.9b12.4x10.1x0.5x
Tue, 07 Jun 2022NT$6.5tNT$12.3tNT$565.6b13.9x11.6x0.5x
Thu, 05 May 2022NT$6.3tNT$12.1tNT$577.8b14.8x10.9x0.5x
Sat, 02 Apr 2022NT$6.8tNT$12.1tNT$572.3b15.4x11.9x0.6x
Mon, 28 Feb 2022NT$6.7tNT$12.1tNT$561.6b16.7x12x0.6x
Wed, 26 Jan 2022NT$6.7tNT$12.1tNT$562.7b16.7x11.8x0.6x
Fri, 24 Dec 2021NT$7.1tNT$12.1tNT$562.7b18x12.5x0.6x
Sun, 21 Nov 2021NT$6.8tNT$12.1tNT$561.5b16.5x12.1x0.6x
Tue, 19 Oct 2021NT$6.1tNT$11.7tNT$497.9b15.2x12.2x0.5x
Thu, 16 Sep 2021NT$6.3tNT$11.7tNT$497.7b16x12.7x0.5x
Sat, 14 Aug 2021NT$6.5tNT$11.7tNT$497.7b16.6x13.1x0.6x
Wed, 09 Jun 2021NT$6.7tNT$11.1tNT$428.0b16.6x15.6x0.6x
Tue, 02 Mar 2021NT$6.6tNT$10.4tNT$331.7b18.4x19.8x0.6x
Price to Earnings Ratio

19.8x


Total Market Cap: NT$6.6tTotal Earnings: NT$331.7bTotal Revenue: NT$10.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Electronic Equipment and Components Industry Price to Earnings3Y Average 14.9x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.2x which is higher than its 3-year average PE of 14.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Taiwanese Tech industry?

TW Market1.45%
Tech1.71%
Electronic Equipment and Components1.43%
Electronic Equipment and Instruments4.46%
Technology Distributors3.76%
Electronic Manufacturing Services1.55%
Electronic Components0.73%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 18.9x.
    • Analysts are expecting annual earnings growth of 26.9%, which is higher than its past year's earnings decline of 28.7% per year.
  • Investors are most pessimistic about the Electronic Manufacturing Services industry, which is trading close to its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Technology Distributors industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings decline of 29% per year.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 12% 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
2317 Hon Hai Precision IndustryNT$103.001.5%
+NT$20.8b
2.0%PE11.1x
3008 LARGAN PrecisionLtdNT$2.55k6.5%
+NT$20.7b
15.4%PE20x
2360 Chroma ATENT$239.0012.5%
+NT$11.2b
29.5%PE25x
3037 Unimicron TechnologyNT$188.003.3%
+NT$9.1b
46.9%PE17.4x
3702 WPG HoldingsNT$94.405.6%
+NT$8.4b
91.5%PE28.3x
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Latest News

8069

NT$231.50

E Ink Holdings

7D

2.4%

1Y

19.0%

3037

NT$188.00

Unimicron Technology

7D

3.3%

1Y

46.9%

5469

NT$58.40

HannStar Board

7D

-5.0%

1Y

69.5%

3044

NT$214.00

Tripod Technology

7D

-4.9%

1Y

103.8%

3036

NT$169.50

WT Microelectronics

7D

4.0%

1Y

160.8%

2368

NT$262.00

Gold Circuit Electronics

7D

-4.7%

1Y

184.5%

2383

NT$510.00

Elite Material

7D

-4.5%

1Y

167.7%

6213

NT$88.90

ITEQ

7D

-6.2%

1Y

18.1%

6805

NT$700.00

Fositek

7D

-3.0%

1Y

316.7%

2317

NT$103.00

Hon Hai Precision Industry

7D

1.5%

1Y

2.0%

3008

NT$2,545.00

LARGAN PrecisionLtd

7D

6.5%

1Y

15.4%

3702

NT$94.40

WPG Holdings

7D

5.6%

1Y

91.5%

8046

NT$221.50

Nan Ya Printed Circuit Board

7D

-2.9%

1Y

-5.7%

3715

NT$74.20

Dynamic Holding

7D

-7.7%

1Y

316.9%

2313

NT$78.40

Compeq Manufacturing

7D

8.9%

1Y

71.9%

2360

NT$239.00

Chroma ATE

7D

12.5%

1Y

29.5%