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Taiwanese (TAIEX) Electronic Equipment and Components Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies340
  • 7D-2.8%
  • 3M16.0%
  • 1Y34.6%
  • YTD31.7%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 5.5%, driven by declines in Hon Hai Precision Industry and Delta Electronics of 1.2% and 3.0%, respectively. Meanwhile, SINBON Electronics actually outperformed within the industry, gaining 9.2% in the last week. In the past year, the industry has gained 35%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024NT$9.4tNT$11.7tNT$365.5b24.8x25.8x0.8x
Sun, 23 Jun 2024NT$9.6tNT$11.7tNT$365.3b25.2x26.4x0.8x
Tue, 21 May 2024NT$8.5tNT$11.7tNT$364.9b23.5x23.2x0.7x
Thu, 18 Apr 2024NT$7.8tNT$11.7tNT$329.3b24.2x23.6x0.7x
Sat, 16 Mar 2024NT$7.7tNT$11.9tNT$316.4b22.4x24.4x0.7x
Mon, 12 Feb 2024NT$7.1tNT$11.8tNT$308.4b21.5x23x0.6x
Wed, 10 Jan 2024NT$6.8tNT$11.8tNT$306.5b20.7x22.2x0.6x
Fri, 08 Dec 2023NT$6.9tNT$11.8tNT$306.5b21.5x22.5x0.6x
Sun, 05 Nov 2023NT$6.5tNT$12.1tNT$320.6b18.6x20.3x0.5x
Tue, 03 Oct 2023NT$6.9tNT$12.1tNT$325.6b18.6x21.1x0.6x
Thu, 31 Aug 2023NT$6.7tNT$12.1tNT$321.5b18.1x20.8x0.6x
Sat, 29 Jul 2023NT$7.0tNT$12.4tNT$343.8b17.9x20.2x0.6x
Mon, 26 Jun 2023NT$6.9tNT$12.5tNT$355.9b16.9x19.3x0.6x
Wed, 24 May 2023NT$6.3tNT$12.5tNT$408.0b15.4x15.5x0.5x
Fri, 21 Apr 2023NT$6.2tNT$12.7tNT$434.1b14.2x14.3x0.5x
Sun, 19 Mar 2023NT$6.0tNT$12.7tNT$443.3b13.1x13.6x0.5x
Tue, 14 Feb 2023NT$5.9tNT$12.7tNT$474.4b12x12.5x0.5x
Thu, 12 Jan 2023NT$5.8tNT$12.7tNT$495.3b11.2x11.8x0.5x
Sat, 10 Dec 2022NT$6.0tNT$12.7tNT$495.3b11.2x12.1x0.5x
Mon, 07 Nov 2022NT$5.7tNT$12.5tNT$512.5b10.7x11x0.5x
Wed, 05 Oct 2022NT$5.6tNT$12.4tNT$529.7b11.1x10.5x0.4x
Fri, 02 Sep 2022NT$6.0tNT$12.4tNT$529.9b12.6x11.4x0.5x
Sun, 31 Jul 2022NT$6.1tNT$12.3tNT$574.2b12.5x10.6x0.5x
Tue, 28 Jun 2022NT$6.1tNT$12.3tNT$566.7b13x10.8x0.5x
Thu, 26 May 2022NT$6.3tNT$12.3tNT$565.6b13.5x11.1x0.5x
Sat, 23 Apr 2022NT$6.5tNT$12.1tNT$572.5b15.4x11.3x0.5x
Mon, 21 Mar 2022NT$6.7tNT$12.2tNT$570.3b15.9x11.8x0.6x
Wed, 16 Feb 2022NT$6.7tNT$12.1tNT$562.9b17.6x12x0.6x
Fri, 14 Jan 2022NT$7.0tNT$12.1tNT$562.7b17.5x12.4x0.6x
Sun, 12 Dec 2021NT$6.9tNT$12.1tNT$562.4b17x12.3x0.6x
Tue, 09 Nov 2021NT$6.6tNT$11.8tNT$505.2b15.7x13x0.6x
Thu, 07 Oct 2021NT$6.0tNT$11.7tNT$497.7b14.9x12x0.5x
Sat, 04 Sep 2021NT$6.6tNT$11.7tNT$497.7b16.6x13.2x0.6x
Mon, 02 Aug 2021NT$6.9tNT$11.7tNT$497.7b17.4x13.8x0.6x
Price to Earnings Ratio

13.8x


Total Market Cap: NT$6.9tTotal Earnings: NT$497.7bTotal Revenue: NT$11.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Electronic Equipment and Components Industry Price to Earnings3Y Average 16.1x202220232024
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 25.8x which is higher than its 3-year average PE of 16.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 9.8% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

TW Market-2.30%
Tech-2.81%
Electronic Equipment and Components-2.80%
Electronic Manufacturing Services-1.37%
Technology Distributors-1.65%
Electronic Equipment and Instruments-2.07%
Electronic Components-3.85%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 18.9%, which is higher than its past year's earnings decline of 21.5% per year.
  • Investors are most pessimistic about the Electronic Manufacturing Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 8.0% 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
3023 SINBON ElectronicsNT$342.003.6%
+NT$2.9b
1.5%PE24.9x
2368 Gold Circuit ElectronicsNT$210.002.2%
+NT$2.2b
17.6%PE23.7x
2367 Unitech Printed Circuit BoardNT$36.704.0%
+NT$937.2m
107.9%PE75.1x
6187 All Ring TechNT$266.503.9%
+NT$838.5m
92.4%PE75.7x
3211 Dynapack International TechnologyNT$105.005.5%
+NT$835.6m
31.1%PE18.1x
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Latest News

2327

NT$724.00

Yageo

7D

-5.5%

1Y

53.6%

4915

NT$91.40

Primax Electronics

7D

1.6%

1Y

38.5%

2308

NT$387.00

Delta Electronics

7D

-3.0%

1Y

5.6%

2360

NT$282.50

Chroma ATE

7D

-6.8%

1Y

-2.2%

3211

NT$105.00

Dynapack International Technology

7D

5.5%

1Y

31.1%

3008

NT$2,765.00

LARGAN PrecisionLtd

7D

-4.7%

1Y

27.4%

6187

NT$266.50

All Ring Tech

7D

3.9%

1Y

92.4%

2359

NT$160.50

Solomon Technology

7D

2.2%

1Y

292.4%

2317

NT$191.50

Hon Hai Precision Industry

7D

-6.1%

1Y

74.9%

3362

NT$258.50

Ability Opto-Electronics TechnologyLtd

7D

1.8%

1Y

74.1%

8069

NT$254.50

E Ink Holdings

7D

-2.9%

1Y

14.9%

2367

NT$36.70

Unitech Printed Circuit Board

7D

4.0%

1Y

107.9%

2368

NT$210.00

Gold Circuit Electronics

7D

2.2%

1Y

17.6%

3036

NT$107.00

WT Microelectronics

7D

-7.4%

1Y

55.3%