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Taiwanese (TAIEX) Semiconductors Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies296
  • 7D5.3%
  • 3M17.9%
  • 1Y47.9%
  • YTD5.3%

Over the last 7 days, the Semiconductors industry has risen 5.3%, driven by gains from Taiwan Semiconductor Manufacturing of 6.0%. This takes the industry's 12 month performance to a gain of 48%. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026NT$56.8tNT$7.3tNT$1.9t30.6x29.6x7.8x
Tue, 09 Dec 2025NT$50.8tNT$7.3tNT$1.9t30x26.5x6.9x
Thu, 06 Nov 2025NT$49.1tNT$7.3tNT$1.9t31.2x25.6x6.7x
Sat, 04 Oct 2025NT$46.8tNT$7.1tNT$1.8t32x26.3x6.6x
Mon, 01 Sep 2025NT$39.9tNT$7.1tNT$1.8t31.4x22.5x5.7x
Wed, 30 Jul 2025NT$38.9tNT$7.0tNT$1.8t24.6x21.3x5.5x
Fri, 27 Jun 2025NT$37.2tNT$6.8tNT$1.7t25.2x22.1x5.5x
Sun, 25 May 2025NT$34.6tNT$6.7tNT$1.7t25.1x20.6x5.1x
Tue, 22 Apr 2025NT$29.9tNT$6.7tNT$1.7t21.4x17.8x4.5x
Thu, 20 Mar 2025NT$34.4tNT$6.4tNT$1.5t27.1x22.3x5.4x
Sat, 15 Feb 2025NT$37.6tNT$6.4tNT$1.5t30.6x24.4x5.9x
Mon, 13 Jan 2025NT$38.3tNT$6.1tNT$1.4t28.1x27.2x6.2x
Wed, 11 Dec 2024NT$37.4tNT$6.1tNT$1.4t30.6x26.6x6.1x
Fri, 08 Nov 2024NT$37.5tNT$6.1tNT$1.4t31.7x26.7x6.1x
Sun, 06 Oct 2024NT$34.8tNT$5.8tNT$1.3t30.2x27.1x6x
Tue, 03 Sep 2024NT$34.4tNT$5.8tNT$1.3t31.5x26.8x5.9x
Thu, 01 Aug 2024NT$33.7tNT$5.7tNT$1.3t29.4x26.6x5.9x
Sat, 29 Jun 2024NT$35.6tNT$5.5tNT$1.2t31.6x29.5x6.4x
Mon, 27 May 2024NT$32.2tNT$5.5tNT$1.2t30.5x26.7x5.8x
Wed, 24 Apr 2024NT$28.3tNT$5.4tNT$1.2t30.4x23.9x5.2x
Fri, 22 Mar 2024NT$30.0tNT$5.4tNT$1.2t30.2x25.7x5.6x
Sun, 18 Feb 2024NT$26.8tNT$5.4tNT$1.2t28.9x22.9x5x
Tue, 16 Jan 2024NT$24.0tNT$5.4tNT$1.2t27x19.4x4.5x
Thu, 14 Dec 2023NT$23.8tNT$5.4tNT$1.2t26.4x19.2x4.4x
Sat, 11 Nov 2023NT$22.4tNT$5.4tNT$1.3t21.8x17.8x4.2x
Mon, 09 Oct 2023NT$21.4tNT$5.6tNT$1.4t22.9x15.5x3.8x
Wed, 06 Sep 2023NT$21.8tNT$5.6tNT$1.4t23.6x15.8x3.9x
Fri, 04 Aug 2023NT$21.8tNT$5.7tNT$1.4t20x15.4x3.8x
Sun, 02 Jul 2023NT$22.4tNT$5.9tNT$1.5t19.5x14.7x3.8x
Tue, 30 May 2023NT$22.2tNT$5.9tNT$1.5t18.3x14.5x3.8x
Thu, 27 Apr 2023NT$19.6tNT$6.1tNT$1.6t16x12.2x3.2x
Sat, 25 Mar 2023NT$21.5tNT$6.1tNT$1.6t15.3x13.3x3.6x
Mon, 20 Feb 2023NT$20.4tNT$6.1tNT$1.6t13.1x12.4x3.3x
Wed, 18 Jan 2023NT$19.5tNT$6.0tNT$1.5t11.9x12.6x3.3x
Price to Earnings Ratio

12.6x


Total Market Cap: NT$19.5tTotal Earnings: NT$1.5tTotal Revenue: NT$6.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Semiconductors Industry Price to Earnings3Y Average 22.4x202420252026
Current Industry PE
  • Investors are optimistic on the Taiwanese Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 29.6x which is higher than its 3-year average PE of 22.4x.
  • The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 7.4% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market2.97%
Tech3.81%
Semiconductors5.29%
Semiconductors5.48%
Semiconductor Equipment0.90%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry which is trading above its 3-year average PE ratio of 23.4x.
    • Analysts are expecting annual earnings growth of 34.6%, which is higher than its past year's earnings growth of 9.4% per year.
  • Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.8x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 9.4% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 20% 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
2330 Taiwan Semiconductor ManufacturingNT$1.68k6.0%
+NT$2.5t		52.7%PE27.7x
2303 United MicroelectronicsNT$55.1013.1%
+NT$80.4b		33.4%PE17.2x
3711 ASE Technology HoldingNT$272.005.4%
+NT$61.1b		61.4%PE33.7x
8299 Phison ElectronicsNT$1.63k12.8%
+NT$38.5b		246.1%PE52.2x
2408 Nanya TechnologyNT$217.505.1%
+NT$32.5b		738.2%PS15.6x

Latest News

3661
NT$3,570.00
Alchip Technologies
7D
-1.8%
1Y
21.2%

3661: AI Accelerator Partnership And Arm Ecosystem Will Drive Future Upside

Analysts have maintained their fair value estimate for Alchip Technologies at NT$5,380, while making adjustments to assumptions on the discount rate, revenue growth, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings power. What's in the News d-Matrix and Alchip are co-developing what they describe as the world's first 3D DRAM based datacenter inference accelerator.
2330
NT$1,680.00
Taiwan Semiconductor Manufacturing
7D
6.0%
1Y
52.7%
8299
NT$1,630.00
Phison Electronics
7D
12.8%
1Y
246.1%
3529
NT$1,650.00
eMemory Technology
7D
-4.1%
1Y
-47.1%

3529: Higher Margins And disciplined P/E Will Support Future Upside Potential

Analysts have reduced their fair value estimate for eMemory Technology from $2,963.33 to $2,930.83, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that result in a slightly more conservative overall outlook. Valuation Changes Fair value estimate trimmed from NT$2,963.33 to NT$2,930.83, reflecting a slightly more conservative view on the stock’s worth.
5347
NT$108.50
Vanguard International Semiconductor
7D
17.6%
1Y
10.7%
2337
NT$58.30
Macronix International
7D
34.5%
1Y
218.6%
2344
NT$97.80
Winbond Electronics
7D
7.7%
1Y
608.7%
2303
NT$55.10
United Microelectronics
7D
13.1%
1Y
33.4%
2408
NT$217.50
Nanya Technology
7D
5.1%
1Y
738.2%

2408: Future Margin Upswing Likely To Expose Current Earnings Multiple Vulnerability

Analysts have raised their price target on Nanya Technology to approximately $170 from about $145. This reflects increased confidence in stronger revenue growth, significantly higher profit margins, and a more attractive future earnings multiple.
2449
NT$263.50
King Yuan Electronics
7D
-1.5%
1Y
121.4%
2454
NT$1,420.00
MediaTek
7D
-3.4%
1Y
-3.1%
3260
NT$257.50
ADATA Technology
7D
-8.2%
1Y
237.5%
3711
NT$272.00
ASE Technology Holding
7D
5.4%
1Y
61.4%

3711: Penang Facility Partnership Will Support Steady Margins With Balanced Outlook

Analysts have marginally raised their price target on ASE Technology Holding, reflecting an improved fair value estimate of approximately 252 dollars from about 250 dollars. This change is supported by slightly higher projected profit margins and a modestly richer future earnings multiple, despite largely unchanged growth expectations and a slightly higher discount rate.
3653
NT$2,565.00
Jentech Precision Industrial
7D
-1.0%
1Y
84.5%
7769
NT$3,295.00
Hon. Precision
7D
-3.9%
1Y
190.3%
6223
NT$2,230.00
MPI
7D
-1.3%
1Y
135.2%