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Taiwanese (TAIEX) Electronic Equipment and Components Industry Analysis

UpdatedAug 10, 2024
DataAggregated Company Financials
Companies340
  • 7D-4.7%
  • 3M1.9%
  • 1Y25.5%
  • YTD19.6%

Over the last 7 days, the Electronic Equipment and Components industry has dropped 4.7%, driven by a pullback from Hon Hai Precision Industry of 9.7%. On the other hand E Ink Holdings is actually up 5.6%. This takes the industry's 12 month performance to a gain of 26%. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Aug 2024NT$8.6tNT$11.9tNT$383.5b23.1x22.4x0.7x
Tue, 09 Jul 2024NT$10.0tNT$11.7tNT$365.4b25.5x27.5x0.9x
Thu, 06 Jun 2024NT$8.7tNT$11.7tNT$365.2b24x23.9x0.7x
Sat, 04 May 2024NT$8.2tNT$11.7tNT$331.6b24.4x24.8x0.7x
Mon, 01 Apr 2024NT$8.2tNT$11.7tNT$328.6b23.3x25x0.7x
Wed, 28 Feb 2024NT$7.3tNT$11.9tNT$325.9b22x22.4x0.6x
Fri, 26 Jan 2024NT$6.9tNT$11.8tNT$306.5b21.1x22.7x0.6x
Sun, 24 Dec 2023NT$7.0tNT$11.8tNT$306.5b21.2x22.8x0.6x
Tue, 21 Nov 2023NT$6.7tNT$11.9tNT$309.2b20x21.8x0.6x
Thu, 19 Oct 2023NT$6.7tNT$12.1tNT$325.6b17.6x20.4x0.5x
Sat, 16 Sep 2023NT$6.8tNT$12.1tNT$324.8b18.6x21x0.6x
Mon, 14 Aug 2023NT$6.7tNT$12.3tNT$324.6b17.6x20.6x0.5x
Wed, 12 Jul 2023NT$6.8tNT$12.5tNT$354.2b17.2x19.1x0.5x
Fri, 09 Jun 2023NT$6.6tNT$12.5tNT$359.6b16.5x18.2x0.5x
Sun, 07 May 2023NT$6.3tNT$12.6tNT$418.5b14.4x14.9x0.5x
Tue, 04 Apr 2023NT$6.2tNT$12.7tNT$435.6b13.8x14.3x0.5x
Thu, 02 Mar 2023NT$6.0tNT$12.7tNT$457.5b12.4x13.2x0.5x
Sat, 28 Jan 2023NT$5.7tNT$12.7tNT$495.3b11.1x11.5x0.4x
Mon, 26 Dec 2022NT$5.8tNT$12.7tNT$495.3b11x11.6x0.5x
Wed, 23 Nov 2022NT$5.9tNT$12.7tNT$495.2b10.9x11.9x0.5x
Fri, 21 Oct 2022NT$5.5tNT$12.4tNT$529.7b10.5x10.5x0.4x
Sun, 18 Sep 2022NT$6.0tNT$12.4tNT$529.7b12.1x11.3x0.5x
Tue, 16 Aug 2022NT$6.3tNT$12.4tNT$524.0b12.6x12x0.5x
Thu, 14 Jul 2022NT$5.7tNT$12.3tNT$565.9b12.1x10.1x0.5x
Sat, 11 Jun 2022NT$6.5tNT$12.3tNT$565.6b14x11.5x0.5x
Mon, 09 May 2022NT$6.3tNT$12.1tNT$577.3b14.5x10.9x0.5x
Wed, 06 Apr 2022NT$6.8tNT$12.1tNT$572.2b15.4x11.9x0.6x
Fri, 04 Mar 2022NT$6.8tNT$12.2tNT$563.4b16.9x12.1x0.6x
Sun, 30 Jan 2022NT$6.6tNT$12.1tNT$562.7b17.2x11.8x0.6x
Tue, 28 Dec 2021NT$7.1tNT$12.1tNT$562.7b18.1x12.6x0.6x
Thu, 25 Nov 2021NT$6.8tNT$12.1tNT$562.4b16.8x12x0.6x
Sat, 23 Oct 2021NT$6.2tNT$11.7tNT$497.8b15.9x12.4x0.5x
Mon, 20 Sep 2021NT$6.4tNT$11.7tNT$497.7b16.1x12.8x0.5x
Wed, 18 Aug 2021NT$6.5tNT$11.7tNT$497.7b16.2x13x0.6x
Price to Earnings Ratio

13x


Total Market Cap: NT$6.5tTotal 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 16.2x202220232024
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 22.4x which is higher than its 3-year average PE of 16.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have declined 8.3% 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-0.92%
Tech0.11%
Electronic Equipment and Components-4.71%
Technology Distributors-2.08%
Electronic Components-2.66%
Electronic Equipment and Instruments-3.29%
Electronic Manufacturing Services-9.39%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 21.6x.
    • Analysts are expecting annual earnings growth of 24.0%, which is higher than its past year's earnings decline of 19.5% 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 6.0% per year.
  • In contrast, the Technology Distributors 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
8069 E Ink HoldingsNT$283.005.6%
+NT$17.2b
38.4%PE43.9x
2383 Elite MaterialNT$439.506.3%
+NT$9.0b
8.5%PE18x
3533 LotesNT$1.47k3.9%
+NT$6.1b
103.3%PE25.3x
3036 WT MicroelectronicsNT$103.503.5%
+NT$3.9b
41.8%PE19.9x
3019 Asia OpticalNT$95.407.9%
+NT$2.0b
47.2%PE26.2x
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