The Price Is Right For Unimicron Technology Corp. (TWSE:3037) Even After Diving 26%
Aug 17
Taiwanese (TAIEX) Electronic Equipment and Components Industry Analysis
UpdatedAug 23, 2024
DataAggregated Company Financials
Companies341
- 7D1.1%
- 3M3.8%
- 1Y31.2%
- YTD26.1%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably LARGAN PrecisionLtd gained 10%. As for the the longer term, the industry is up 33% over the past 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 24 Aug 2024 | NT$9.0t | NT$12.3t | NT$394.9b | 22.8x | 22.9x | 0.7x |
| Mon, 22 Jul 2024 | NT$9.6t | NT$11.7t | NT$365.5b | 24.9x | 26.2x | 0.8x |
| Wed, 19 Jun 2024 | NT$9.3t | NT$11.7t | NT$365.2b | 24.8x | 25.5x | 0.8x |
| Fri, 17 May 2024 | NT$8.5t | NT$11.7t | NT$357.7b | 23.9x | 23.8x | 0.7x |
| Sun, 14 Apr 2024 | NT$8.2t | NT$11.7t | NT$329.2b | 25x | 25.1x | 0.7x |
| Tue, 12 Mar 2024 | NT$7.4t | NT$11.8t | NT$317.6b | 22.6x | 23.4x | 0.6x |
| Thu, 08 Feb 2024 | NT$7.0t | NT$11.8t | NT$306.7b | 21.5x | 22.9x | 0.6x |
| Sat, 06 Jan 2024 | NT$6.9t | NT$11.8t | NT$306.5b | 21.1x | 22.6x | 0.6x |
| Mon, 04 Dec 2023 | NT$6.9t | NT$11.8t | NT$306.5b | 21.6x | 22.6x | 0.6x |
| Wed, 01 Nov 2023 | NT$6.3t | NT$12.1t | NT$328.6b | 17.8x | 19.3x | 0.5x |
| Fri, 29 Sep 2023 | NT$6.8t | NT$12.1t | NT$325.6b | 18.3x | 20.8x | 0.6x |
| Sun, 27 Aug 2023 | NT$6.6t | NT$12.1t | NT$321.5b | 18x | 20.7x | 0.6x |
| Tue, 25 Jul 2023 | NT$6.8t | NT$12.5t | NT$352.7b | 17.4x | 19.4x | 0.5x |
| Thu, 22 Jun 2023 | NT$6.9t | NT$12.5t | NT$355.9b | 16.8x | 19.3x | 0.6x |
| Sat, 20 May 2023 | NT$6.3t | NT$12.6t | NT$413.3b | 15x | 15.3x | 0.5x |
| Mon, 17 Apr 2023 | NT$6.3t | NT$12.7t | NT$434.1b | 14.4x | 14.6x | 0.5x |
| Wed, 15 Mar 2023 | NT$6.0t | NT$12.6t | NT$450.5b | 12.9x | 13.3x | 0.5x |
| Fri, 10 Feb 2023 | NT$6.0t | NT$12.7t | NT$474.4b | 12.1x | 12.6x | 0.5x |
| Sun, 08 Jan 2023 | NT$5.7t | NT$12.7t | NT$495.3b | 11.3x | 11.6x | 0.5x |
| Tue, 06 Dec 2022 | NT$6.2t | NT$12.7t | NT$495.3b | 11.5x | 12.6x | 0.5x |
| Thu, 03 Nov 2022 | NT$5.6t | NT$12.5t | NT$541.4b | 10.6x | 10.4x | 0.4x |
| Sat, 01 Oct 2022 | NT$5.5t | NT$12.4t | NT$529.7b | 10.8x | 10.4x | 0.4x |
| Mon, 29 Aug 2022 | NT$6.2t | NT$12.4t | NT$529.8b | 12.7x | 11.7x | 0.5x |
| Wed, 27 Jul 2022 | NT$6.0t | NT$12.3t | NT$567.7b | 12.7x | 10.6x | 0.5x |
| Fri, 24 Jun 2022 | NT$5.9t | NT$12.3t | NT$565.7b | 12.6x | 10.4x | 0.5x |
| Sun, 22 May 2022 | NT$6.3t | NT$12.3t | NT$565.5b | 13.3x | 11.1x | 0.5x |
| Tue, 19 Apr 2022 | NT$6.4t | NT$12.1t | NT$572.5b | 15.2x | 11.2x | 0.5x |
| Thu, 17 Mar 2022 | NT$6.5t | NT$12.2t | NT$567.9b | 15.7x | 11.4x | 0.5x |
| Sat, 12 Feb 2022 | NT$6.9t | NT$12.1t | NT$562.8b | 17.7x | 12.3x | 0.6x |
| Mon, 10 Jan 2022 | NT$7.1t | NT$12.1t | NT$562.7b | 18x | 12.6x | 0.6x |
| Wed, 08 Dec 2021 | NT$6.8t | NT$12.1t | NT$562.4b | 17x | 12.2x | 0.6x |
| Fri, 05 Nov 2021 | NT$6.5t | NT$11.7t | NT$501.4b | 16.4x | 13x | 0.6x |
| Sun, 03 Oct 2021 | NT$6.0t | NT$11.7t | NT$497.7b | 15.2x | 12.1x | 0.5x |
| Tue, 31 Aug 2021 | NT$6.5t | NT$11.7t | NT$497.7b | 16.5x | 13.1x | 0.6x |
Price to Earnings Ratio
13.1x
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 22.9x which is higher than its 3-year average PE of 16.3x.
- 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 7.4% 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 | 1.28% | |
| Tech | 1.61% | |
| Electronic Equipment and Components | 1.12% | |
| Electronic Equipment and Instruments | 2.68% | |
| Electronic Components | 1.93% | |
| Technology Distributors | 0.094% | |
| Electronic Manufacturing Services | -0.43% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry which is trading above its 3-year average PE ratio of 21.8x.
- Analysts are expecting annual earnings growth of 21.8%, which is higher than its past year's earnings decline of 0.7% 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 11.7x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3008 LARGAN PrecisionLtd | NT$3.05k | 8.3% +NT$31.4b | 58.0% | PE18.9x | |
| 8069 E Ink Holdings | NT$302.00 | 5.4% +NT$17.7b | 66.9% | PE49.5x | |
| 2327 Yageo | NT$648.00 | 2.7% +NT$8.5b | 64.7% | PE16.5x | |
| 4958 Zhen Ding Technology Holding | NT$129.50 | 6.6% +NT$7.6b | 36.2% | PE16.9x | |
| 3044 Tripod Technology | NT$209.00 | 5.6% +NT$5.8b | 8.0% | PE14.1x |
