Taiwanese (TAIEX) IT Industry Analysis
UpdatedMay 12, 2022
DataAggregated Company Financials
Companies26
- 7D-5.0%
- 3M-16.1%
- 1Y-0.3%
- YTD-22.3%
Over the last 7 days, the IT industry has dropped 5.0%, driven by declines in eCloudvalley Digital Technology and Systex of 9.3% and 6.6%, respectively. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Taiwanese IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 13 May 2022 | NT$103.4b | NT$101.0b | NT$5.3b | 16.9x |
| Sun, 10 Apr 2022 | NT$113.2b | NT$100.2b | NT$5.6b | 16.4x |
| Tue, 08 Mar 2022 | NT$109.1b | NT$98.7b | NT$5.4b | 17x |
| Thu, 03 Feb 2022 | NT$110.7b | NT$97.1b | NT$5.4b | 15.9x |
| Sat, 01 Jan 2022 | NT$115.4b | NT$97.1b | NT$5.4b | 16x |
| Mon, 29 Nov 2021 | NT$114.1b | NT$97.1b | NT$5.4b | 15.8x |
| Wed, 27 Oct 2021 | NT$120.2b | NT$92.8b | NT$5.5b | 14.4x |
| Fri, 24 Sep 2021 | NT$118.4b | NT$92.8b | NT$5.5b | 15x |
| Sun, 22 Aug 2021 | NT$104.8b | NT$92.8b | NT$5.5b | 15.7x |
| Fri, 09 Jul 2021 | NT$119.9b | NT$92.8b | NT$5.5b | 16.8x |
| Thu, 01 Apr 2021 | NT$99.9b | NT$90.0b | NT$6.0b | 15.7x |
| Sun, 03 Jan 2021 | NT$81.6b | NT$79.8b | NT$5.0b | 14.7x |
| Wed, 07 Oct 2020 | NT$76.1b | NT$76.9b | NT$5.1b | 12.8x |
| Tue, 30 Jun 2020 | NT$76.2b | NT$77.5b | NT$4.8b | 14.5x |
| Fri, 03 Apr 2020 | NT$58.5b | NT$75.9b | NT$4.1b | 12.6x |
| Mon, 06 Jan 2020 | NT$63.7b | NT$75.4b | NT$4.1b | 15.8x |
| Thu, 10 Oct 2019 | NT$62.7b | NT$71.9b | NT$3.2b | 15x |
| Wed, 03 Jul 2019 | NT$56.8b | NT$69.1b | NT$2.9b | 15x |
Median PE Ratio
15.2x
Current Industry PE
- Investors are relatively neutral on the 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 15.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -3.64% | |
| Tech | -2.99% | |
| IT | -5.04% | |
| Internet Services and Infrastructure | -3.64% | |
| IT Consulting | -4.14% | |
| Data Processing Services | -12.34% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry which is trading above its 3-year average PE ratio of 22.7x.
- 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 13.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6183 Trade-Van Information Services | NT$53.30 | 0.2% +NT$15.0m | 11.4% | PS16.9x | |
| 3147 Jetwell Computer | NT$43.65 | 0.7% +NT$11.7m | 4.1% | PS9.7x | |
| 6816 MetaEdge | NT$52.00 | 0.2% +NT$1.2m | 7.2% | n/a |