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Taiwanese (TAIEX) IT Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies33
  • 7D1.2%
  • 3M4.7%
  • 1Y9.3%
  • YTD3.1%

The IT industry is up 1.2% in the last week, with Systex up 2.8%. During this same period, the Mercuries Data Systems underperformed, falling 5.2%. In the last 12 months, the industry was up 9.3%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the Taiwanese IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 30 Dec 2024NT$179.2bNT$141.7bNT$7.6b21.6x23.7x1.3x
Wed, 27 Nov 2024NT$168.0bNT$141.7bNT$7.6b19.7x22.2x1.2x
Fri, 25 Oct 2024NT$169.7bNT$137.3bNT$7.5b21.3x22.6x1.2x
Sun, 22 Sep 2024NT$153.5bNT$131.1bNT$7.1b19.3x21.7x1.2x
Tue, 20 Aug 2024NT$146.5bNT$131.1bNT$7.1b19.5x20.7x1.1x
Thu, 18 Jul 2024NT$167.4bNT$129.1bNT$7.2b22.8x23.4x1.3x
Sat, 15 Jun 2024NT$157.9bNT$129.1bNT$7.2b20.5x22x1.2x
Mon, 13 May 2024NT$148.2bNT$125.0bNT$7.0b19.1x21.3x1.2x
Wed, 10 Apr 2024NT$152.6bNT$122.0bNT$6.7b19.6x22.8x1.3x
Fri, 08 Mar 2024NT$149.3bNT$119.2bNT$6.6b20.1x22.5x1.3x
Sun, 04 Feb 2024NT$144.3bNT$111.8bNT$6.7b19.5x21.7x1.3x
Tue, 02 Jan 2024NT$133.9bNT$110.2bNT$6.6b19.3x20.4x1.2x
Thu, 30 Nov 2023NT$129.7bNT$110.2bNT$6.6b19x19.8x1.2x
Sat, 28 Oct 2023NT$122.1bNT$108.2bNT$6.4b18.1x19.2x1.1x
Mon, 25 Sep 2023NT$123.7bNT$108.3bNT$6.4b18.3x19.5x1.1x
Wed, 23 Aug 2023NT$125.2bNT$108.3bNT$6.4b18.6x19.7x1.2x
Fri, 21 Jul 2023NT$131.6bNT$105.3bNT$5.7b22.8x23.2x1.2x
Sun, 18 Jun 2023NT$133.3bNT$105.3bNT$5.7b22x23.5x1.3x
Tue, 16 May 2023NT$127.8bNT$102.9bNT$5.3b23.6x24.2x1.2x
Thu, 13 Apr 2023NT$116.7bNT$103.0bNT$5.4b19.9x21.8x1.1x
Sat, 11 Mar 2023NT$122.2bNT$105.5bNT$5.7b18.3x21.4x1.2x
Mon, 06 Feb 2023NT$106.6bNT$103.9bNT$5.6b14.6x18.9x1x
Wed, 04 Jan 2023NT$93.0bNT$103.8bNT$5.7b13.3x16.5x0.9x
Fri, 02 Dec 2022NT$92.4bNT$103.8bNT$5.7b13.4x16.3x0.9x
Sun, 30 Oct 2022NT$83.7bNT$102.7bNT$5.4b13.2x15.4x0.8x
Tue, 27 Sep 2022NT$96.5bNT$102.7bNT$5.5b14.9x17.7x0.9x
Thu, 25 Aug 2022NT$102.0bNT$102.7bNT$5.5b14.8x18.7x1x
Sat, 23 Jul 2022NT$99.7bNT$100.9bNT$5.4b17.6x18.4x1x
Mon, 20 Jun 2022NT$106.0bNT$100.9bNT$5.4b17.5x19.6x1x
Wed, 18 May 2022NT$105.2bNT$101.0bNT$5.3b17.4x19.7x1x
Fri, 15 Apr 2022NT$113.1bNT$100.2bNT$5.6b16.6x20.3x1.1x
Sun, 13 Mar 2022NT$111.0bNT$99.4bNT$5.4b17.5x20.4x1.1x
Tue, 08 Feb 2022NT$111.4bNT$97.1bNT$5.4b16.1x20.5x1.1x
Thu, 06 Jan 2022NT$115.8bNT$97.1bNT$5.4b16.1x21.3x1.2x
Price to Earnings Ratio

21.3x


Total Market Cap: NT$115.8bTotal Earnings: NT$5.4bTotal Revenue: NT$97.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese IT Industry Price to Earnings3Y Average 20.7x20232024
Current Industry PE
  • Investors are optimistic on the Taiwanese IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.7x which is higher than its 3-year average PE of 20.7x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market3.20%
Tech4.08%
IT1.20%
Internet Services and Infrastructure3.27%
Data Processing Services0.93%
IT Consulting0.70%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 33.6x.
    • Analysts are expecting annual earnings growth of 28.3%, which is higher than its past year's earnings growth of 19.7% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.0x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 13% 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
6214 SystexNT$144.504.3%
+NT$1.6b		29.0%PE21.3x
3147 Jetwell ComputerNT$185.008.8%
+NT$585.1m		98.9%PE26.6x
6183 Trade-Van Information ServicesNT$86.203.1%
+NT$390.0m		28.8%PE26.4x
6811 Acer E-Enabling Service BusinessNT$282.502.0%
+NT$228.0m		-4.2%PE21.5x
6689 eCloudvalley Digital TechnologyNT$110.002.3%
+NT$169.5m		-17.6%PE40.5x
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Latest News

3147

NT$185.00

Jetwell Computer

7D

8.8%

1Y

98.9%

2453

NT$56.90

Syscom Computer Engineering

7D

-4.5%

1Y

2.5%

6214

NT$144.50

Systex

7D

4.3%

1Y

29.0%

Systex Corporation's (TWSE:6214) Share Price Could Signal Some Risk

Dec 20
Systex Corporation's (TWSE:6214) Share Price Could Signal Some Risk

6689

NT$110.00

eCloudvalley Digital Technology

7D

2.3%

1Y

-17.6%

4953

NT$113.50

WITS

7D

-5.0%

1Y

-14.0%

6183

NT$86.20

Trade-Van Information Services

7D

3.1%

1Y

28.8%

2471

NT$52.40

Ares International

7D

-3.0%

1Y

-2.8%

6112

NT$49.35

Metaage

7D

-4.5%

1Y

-29.2%

6997

NT$127.00

Nextlink Technology

7D

-1.9%

1Y

n/a

6811

NT$282.50

Acer E-Enabling Service Business

7D

2.0%

1Y

-4.2%

3085

NT$25.40

Newretail

7D

5.8%

1Y

116.2%

2427

NT$26.20

Mercuries Data Systems

7D

-5.2%

1Y

3.8%

Impressive Earnings May Not Tell The Whole Story For Mercuries Data Systems (TWSE:2427)

Nov 19
Impressive Earnings May Not Tell The Whole Story For Mercuries Data Systems (TWSE:2427)

6486

NT$82.60

Interactive Digital Technologies

7D

1.6%

1Y

8.3%

5403

NT$119.00

Dimerco Data System

7D

0.8%

1Y

3.9%

7714

NT$99.30

Uniforce Technology

7D

-10.9%

1Y

n/a