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- 7D-2.6%
- 3M-5.9%
- 1Y-13.8%
- YTD-6.4%
Over the last 7 days, the IT industry has dropped 2.6%, driven by a pullback from Systex of 4.8%. Meanwhile, New Smart Technology actually outperformed within the industry, gaining 10% in the last week. Overall the industry is down 14% in 12 months. As for the next few years, earnings are expected to grow by 5.0% per annum.
Industry Valuation and Performance
Has the Taiwanese IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Mar 2026 | NT$163.6b | NT$167.9b | NT$9.1b | 16.5x | 17.9x | 1x |
| Tue, 24 Feb 2026 | NT$166.4b | NT$163.5b | NT$8.4b | 17.8x | 19.8x | 1x |
| Thu, 22 Jan 2026 | NT$173.5b | NT$163.6b | NT$8.4b | 18.6x | 20.7x | 1.1x |
| Sat, 20 Dec 2025 | NT$171.4b | NT$163.3b | NT$8.2b | 18.8x | 20.8x | 1x |
| Mon, 17 Nov 2025 | NT$172.6b | NT$162.7b | NT$8.1b | 20.8x | 21.2x | 1.1x |
| Wed, 15 Oct 2025 | NT$176.0b | NT$157.0b | NT$7.6b | 21.6x | 23.3x | 1.1x |
| Fri, 12 Sep 2025 | NT$181.2b | NT$156.2b | NT$7.4b | 21.5x | 24.3x | 1.2x |
| Sun, 10 Aug 2025 | NT$171.0b | NT$154.6b | NT$7.6b | 20.5x | 22.6x | 1.1x |
| Tue, 08 Jul 2025 | NT$165.4b | NT$151.5b | NT$7.4b | 20.5x | 22.3x | 1.1x |
| Thu, 05 Jun 2025 | NT$166.8b | NT$151.6b | NT$7.4b | 20.1x | 22.5x | 1.1x |
| Sat, 03 May 2025 | NT$175.5b | NT$149.0b | NT$7.9b | 22.4x | 22.2x | 1.2x |
| Mon, 31 Mar 2025 | NT$174.7b | NT$148.9b | NT$7.9b | 21.2x | 22.1x | 1.2x |
| Wed, 26 Feb 2025 | NT$188.0b | NT$146.2b | NT$7.7b | 24.3x | 24.3x | 1.3x |
| Fri, 24 Jan 2025 | NT$176.2b | NT$141.7b | NT$7.6b | 21.1x | 23.3x | 1.2x |
| Sun, 22 Dec 2024 | NT$177.1b | NT$141.7b | NT$7.6b | 21.6x | 23.4x | 1.2x |
| Tue, 19 Nov 2024 | NT$164.4b | NT$141.8b | NT$7.6b | 19.3x | 21.6x | 1.2x |
| Thu, 17 Oct 2024 | NT$166.4b | NT$132.8b | NT$7.4b | 19.2x | 22.5x | 1.3x |
| Sat, 14 Sep 2024 | NT$152.3b | NT$131.1b | NT$7.1b | 19.4x | 21.6x | 1.2x |
| Mon, 12 Aug 2024 | NT$141.8b | NT$129.5b | NT$7.1b | 19.4x | 20.1x | 1.1x |
| Wed, 10 Jul 2024 | NT$161.6b | NT$129.1b | NT$7.2b | 23x | 22.6x | 1.3x |
| Fri, 07 Jun 2024 | NT$154.7b | NT$128.0b | NT$7.1b | 19.5x | 21.8x | 1.2x |
| Sun, 05 May 2024 | NT$149.2b | NT$122.2b | NT$6.7b | 20.1x | 22.3x | 1.2x |
| Tue, 02 Apr 2024 | NT$152.6b | NT$122.0b | NT$6.7b | 20.1x | 22.8x | 1.3x |
| Thu, 29 Feb 2024 | NT$149.6b | NT$111.4b | NT$6.7b | 19.3x | 22.3x | 1.3x |
| Sat, 27 Jan 2024 | NT$142.1b | NT$111.8b | NT$6.7b | 19.4x | 21.3x | 1.3x |
| Mon, 25 Dec 2023 | NT$133.0b | NT$110.2b | NT$6.6b | 19.6x | 20.3x | 1.2x |
| Wed, 22 Nov 2023 | NT$127.1b | NT$109.7b | NT$6.5b | 18.8x | 19.5x | 1.2x |
| Fri, 20 Oct 2023 | NT$123.6b | NT$108.3b | NT$6.4b | 17.5x | 19.4x | 1.1x |
| Sun, 17 Sep 2023 | NT$127.6b | NT$108.3b | NT$6.4b | 19.2x | 20.1x | 1.2x |
| Tue, 15 Aug 2023 | NT$125.0b | NT$108.0b | NT$6.3b | 18.9x | 19.8x | 1.2x |
| Thu, 13 Jul 2023 | NT$127.6b | NT$105.3b | NT$5.7b | 22.1x | 22.5x | 1.2x |
| Sat, 10 Jun 2023 | NT$127.6b | NT$105.3b | NT$5.7b | 21.9x | 22.5x | 1.2x |
| Mon, 08 May 2023 | NT$129.5b | NT$102.9b | NT$5.3b | 24.6x | 24.5x | 1.3x |
| Wed, 05 Apr 2023 | NT$113.1b | NT$103.0b | NT$5.4b | 19.1x | 21.1x | 1.1x |
Price to Earnings Ratio
21.1x
Current Industry PE
- Investors are pessimistic on the Taiwanese IT industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 17.9x which is lower than its 3-year average PE of 22.0x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.97x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 18% 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 | -1.25% | |
| Tech | -1.37% | |
| IT | -2.61% | |
| Internet Services and Infrastructure | -0.97% | |
| Data Processing Services | -2.18% | |
| IT Consulting | -2.98% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 33.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 20.4x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 5.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 9.5% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 5.0% 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 | |
|---|---|---|---|---|---|
| 7825 New Smart Technology | NT$98.00 | 10.1% +NT$200.9m | n/a | n/a | |
| 6486 Interactive Digital Technologies | NT$87.20 | 3.2% +NT$137.4m | 1.3% | PE15.1x | |
| 7868 Inforcom Technology | NT$65.40 | 8.6% +NT$115.6m | n/a | n/a | |
| 7836 KNST | NT$57.70 | 3.0% +NT$84.2m | n/a | PE24.6x | |
| 6868 Iscom Online International Information | NT$28.50 | 11.8% +NT$75.1m | -58.3% | n/a |