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Taiwanese (TAIEX) IT Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies30
  • 7D-3.7%
  • 3M4.9%
  • 1Y-0.4%
  • YTD4.9%

Over the last 7 days, the IT industry has dropped 3.7%, and Tatung System Technologies contributed the most with a 11% decline. In contrast, Taiwan Green Environment Technology has gained 25%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024NT$157.8bNT$129.1bNT$7.2b21.5x22x1.2x
Sun, 23 Jun 2024NT$160.7bNT$129.1bNT$7.2b20.4x22.4x1.2x
Tue, 21 May 2024NT$147.5bNT$127.1bNT$7.1b19.3x20.9x1.2x
Thu, 18 Apr 2024NT$146.4bNT$122.0bNT$6.7b19.6x21.8x1.2x
Sat, 16 Mar 2024NT$150.1bNT$120.4bNT$6.6b20.2x22.8x1.2x
Mon, 12 Feb 2024NT$144.1bNT$111.3bNT$6.7b19.5x21.6x1.3x
Wed, 10 Jan 2024NT$135.8bNT$110.2bNT$6.6b19x20.7x1.2x
Fri, 08 Dec 2023NT$134.1bNT$110.2bNT$6.6b19.8x20.5x1.2x
Sun, 05 Nov 2023NT$123.2bNT$108.7bNT$6.4b18.7x19.2x1.1x
Tue, 03 Oct 2023NT$126.3bNT$108.3bNT$6.4b18.5x19.9x1.2x
Thu, 31 Aug 2023NT$124.1bNT$108.3bNT$6.4b18.5x19.5x1.1x
Sat, 29 Jul 2023NT$141.5bNT$105.3bNT$5.7b23.8x24.8x1.3x
Mon, 26 Jun 2023NT$134.5bNT$105.3bNT$5.7b22.5x23.7x1.3x
Wed, 24 May 2023NT$138.7bNT$106.8bNT$5.8b23.9x24.1x1.3x
Fri, 21 Apr 2023NT$121.9bNT$103.0bNT$5.4b20.2x22.8x1.2x
Sun, 19 Mar 2023NT$107.6bNT$104.4bNT$5.3b18.1x20.1x1x
Tue, 14 Feb 2023NT$110.1bNT$103.9bNT$5.6b16.1x19.5x1.1x
Thu, 12 Jan 2023NT$101.3bNT$103.8bNT$5.7b14x17.9x1x
Sat, 10 Dec 2022NT$92.3bNT$103.8bNT$5.7b13.5x16.3x0.9x
Mon, 07 Nov 2022NT$86.9bNT$104.8bNT$5.7b13.4x15.2x0.8x
Wed, 05 Oct 2022NT$94.7bNT$102.7bNT$5.5b14.4x17.3x0.9x
Fri, 02 Sep 2022NT$103.1bNT$102.7bNT$5.5b14.9x18.9x1x
Sun, 31 Jul 2022NT$101.3bNT$101.0bNT$5.4b17.8x18.7x1x
Tue, 28 Jun 2022NT$105.8bNT$100.9bNT$5.4b17.6x19.5x1x
Thu, 26 May 2022NT$105.6bNT$100.7bNT$5.4b18.1x19.7x1x
Sat, 23 Apr 2022NT$111.1bNT$100.2bNT$5.6b16.7x20x1.1x
Mon, 21 Mar 2022NT$118.7bNT$99.6bNT$5.4b18.4x21.8x1.2x
Wed, 16 Feb 2022NT$111.9bNT$97.1bNT$5.4b15.8x20.5x1.2x
Fri, 14 Jan 2022NT$113.3bNT$97.1bNT$5.4b16.3x20.8x1.2x
Sun, 12 Dec 2021NT$114.9bNT$97.1bNT$5.4b15.9x21.1x1.2x
Tue, 09 Nov 2021NT$121.7bNT$95.4bNT$5.2b16.2x23.4x1.3x
Thu, 07 Oct 2021NT$115.4bNT$92.8bNT$5.5b14.5x21x1.2x
Sat, 04 Sep 2021NT$116.0bNT$92.8bNT$5.5b15.4x21.1x1.2x
Mon, 02 Aug 2021NT$116.4bNT$92.8bNT$5.5b16.4x21.1x1.3x
Price to Earnings Ratio

21.1x


Total Market Cap: NT$116.4bTotal Earnings: NT$5.5bTotal Revenue: NT$92.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese IT Industry Price to Earnings3Y Average 20.5x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 9.2% per year over the last three years.
  • Revenues for these companies have grown 12% 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-2.30%
Tech-2.81%
IT-3.74%
Data Processing Services-0.95%
IT Consulting-3.53%
Internet Services and Infrastructure-4.55%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry, which is trading close to its 3-year average PE ratio of 34.7x.
    • Analysts are expecting annual earnings growth of 17.7%, which is lower than the prior year's growth of 21.4% 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 17.2x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 9.1% 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
5205 Taiwan Green Environment TechnologyNT$47.5024.7%
+NT$96.4m		38.5%PS21.7x
7714 Uniforce TechnologyNT$142.001.8%
+NT$46.6m		n/an/a
6997 Nextlink TechnologyLtdNT$148.501.0%
+NT$30.0m		n/an/a
6868 Iscom Online International InformationNT$60.000.2%
+NT$2.0m		33.5%n/a
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Latest News

6112

NT$61.00

Metaage

7D

-6.3%

1Y

-15.9%

6214

NT$122.50

Systex

7D

-2.8%

1Y

8.9%

6689

NT$110.50

eCloudvalley Digital Technology

7D

-7.5%

1Y

-24.8%

eCloudvalley Digital Technology (TWSE:6689) Is Reducing Its Dividend To NT$2.00

Jul 14
eCloudvalley Digital Technology (TWSE:6689) Is Reducing Its Dividend To NT$2.00

8099

NT$85.70

Tatung System Technologies

7D

-10.6%

1Y

55.5%

4953

NT$118.00

Wistron Information Technology and Services

7D

-6.7%

1Y

-29.3%

2453

NT$59.40

Syscom Computer Engineering

7D

-9.3%

1Y

-8.5%

Syscom Computer Engineering (TWSE:2453) Is Increasing Its Dividend To NT$2.40

Jun 27
Syscom Computer Engineering (TWSE:2453) Is Increasing Its Dividend To NT$2.40

6811

NT$281.00

Acer E-Enabling Service Business

7D

-2.6%

1Y

-24.6%

3147

NT$133.00

Jetwell Computer

7D

-6.3%

1Y

71.6%

5205

NT$47.50

Taiwan Green Environment Technology

7D

24.7%

1Y

38.5%

7714

NT$142.00

Uniforce Technology

7D

1.8%

1Y

n/a

6868

NT$60.00

Iscom Online International Information

7D

0.2%

1Y

33.5%

6997

NT$148.50

Nextlink TechnologyLtd

7D

1.0%

1Y

n/a