Taiwanese (TAIEX) Semiconductors Industry Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies270
- 7D-2.5%
- 3M1.4%
- 1Y-26.8%
- YTD-29.4%
Over the last 7 days, the Semiconductors industry has dropped 1.4%, driven by Taiwan Semiconductor Manufacturing declining 2.4%. In contrast, Silergy has gained 14%. The industry has fallen 26% in the last year. Looking forward, earnings are forecast to grow by 4.1% annually.
Industry Valuation and Performance
Has the Taiwanese Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | NT$18.7t | NT$6.0t | NT$1.6t | 11.9x | 12x | 3.1x |
| Sat, 05 Nov 2022 | NT$15.5t | NT$6.0t | NT$1.6t | 10.8x | 9.9x | 2.6x |
| Mon, 03 Oct 2022 | NT$16.4t | NT$5.8t | NT$1.4t | 10.7x | 11.3x | 2.8x |
| Wed, 31 Aug 2022 | NT$19.2t | NT$5.8t | NT$1.4t | 13.3x | 13.3x | 3.3x |
| Fri, 29 Jul 2022 | NT$19.2t | NT$5.7t | NT$1.4t | 12.3x | 13.6x | 3.4x |
| Sun, 26 Jun 2022 | NT$19.2t | NT$5.5t | NT$1.3t | 13.1x | 14.7x | 3.5x |
| Tue, 24 May 2022 | NT$21.3t | NT$5.5t | NT$1.3t | 14.7x | 16.3x | 3.9x |
| Thu, 21 Apr 2022 | NT$22.5t | NT$5.3t | NT$1.2t | 16.5x | 18x | 4.2x |
| Sat, 19 Mar 2022 | NT$23.6t | NT$5.2t | NT$1.2t | 18.9x | 20.2x | 4.6x |
| Mon, 14 Feb 2022 | NT$26.1t | NT$5.1t | NT$1.1t | 21.2x | 22.8x | 5.1x |
| Wed, 12 Jan 2022 | NT$26.1t | NT$4.9t | NT$1.1t | 21.1x | 24.6x | 5.3x |
| Fri, 10 Dec 2021 | NT$25.3t | NT$4.9t | NT$1.1t | 21.6x | 23.9x | 5.2x |
| Sun, 07 Nov 2021 | NT$24.4t | NT$4.8t | NT$1.0t | 21x | 23.6x | 5.1x |
| Tue, 05 Oct 2021 | NT$22.9t | NT$4.6t | NT$952.4b | 18.6x | 24x | 4.9x |
| Thu, 02 Sep 2021 | NT$24.6t | NT$4.6t | NT$952.4b | 21.5x | 25.8x | 5.3x |
| Sat, 31 Jul 2021 | NT$23.8t | NT$4.6t | NT$952.4b | 22.7x | 25x | 5.1x |
| Tue, 04 May 2021 | NT$24.4t | NT$4.3t | NT$871.5b | 24.9x | 28x | 5.6x |
| Fri, 05 Feb 2021 | NT$22.2t | NT$4.1t | NT$775.1b | 23.2x | 28.7x | 5.5x |
| Mon, 09 Nov 2020 | NT$16.3t | NT$3.8t | NT$712.2b | 21.1x | 22.8x | 4.2x |
| Sun, 02 Aug 2020 | NT$16.2t | NT$3.7t | NT$651.3b | 22.3x | 24.9x | 4.4x |
| Wed, 06 May 2020 | NT$11.8t | NT$3.5t | NT$575.1b | 18.7x | 20.6x | 3.3x |
| Sat, 08 Feb 2020 | NT$12.3t | NT$3.4t | NT$511.4b | 20.1x | 24x | 3.6x |
Price to Earnings Ratio
25.1x
Current Industry PE
- Investors are pessimistic on the Taiwanese Semiconductor 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 12.1x which is lower than its 3-year average PE of 21.8x.
- The 3-year average PS ratio of 4.3x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -1.51% | |
| Tech | -1.96% | |
| Semiconductors | -2.51% | |
| Semiconductor Equipment | -0.60% | |
| Semiconductors | -2.58% | |
Industry PE
- Investors are most optimistic about the Semiconductor Equipment industry even though it's trading below its 3-year average PE ratio of 19.9x.
- Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 26.7% per year.
- Investors are most pessimistic about the Semiconductors industry, which is trading below its 3-year average of 21.9x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 7.5% over the next 5 years.
- However this is lower than its past earnings growth rate of 27% per year.
- In contrast, the Semiconductors industry is expected to see its earnings grow by 4.0% 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 | |
|---|---|---|---|---|---|
| 6415 Silergy | NT$483.50 | 7.4% +NT$12.8b | -55.9% | PE28.2x | |
| 3711 ASE Technology Holding | NT$99.00 | 1.9% +NT$7.7b | -7.5% | PE5.5x | |
| 3034 Novatek Microelectronics | NT$305.00 | 2.2% +NT$4.0b | -41.2% | PE5.3x | |
| 5347 Vanguard International Semiconductor | NT$83.30 | 1.2% +NT$1.6b | -47.6% | PE8.3x | |
| 3443 Global Unichip | NT$742.00 | 1.5% +NT$1.5b | 29.5% | PE34.5x |