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Taiwanese (TAIEX) Semiconductors Industry Analysis

UpdatedAug 22, 2024
DataAggregated Company Financials
Companies281
  • 7D1.5%
  • 3M6.6%
  • 1Y60.6%
  • YTD41.5%

In the last week, the Semiconductors industry is up 4.2%, with Taiwan Semiconductor Manufacturing up 1.1%. This takes the industry's 12 month performance to a gain of 66%. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 22 Aug 2024NT$34.5tNT$5.8tNT$1.3t29.6x26.9x6x
Sat, 20 Jul 2024NT$35.3tNT$5.5tNT$1.2t30.4x29.2x6.4x
Mon, 17 Jun 2024NT$34.4tNT$5.5tNT$1.2t31.4x28.5x6.2x
Wed, 15 May 2024NT$30.7tNT$5.5tNT$1.2t30.4x25.6x5.6x
Fri, 12 Apr 2024NT$31.0tNT$5.4tNT$1.2t31.4x26.7x5.8x
Sun, 10 Mar 2024NT$30.1tNT$5.4tNT$1.2t28.7x25.8x5.6x
Tue, 06 Feb 2024NT$25.6tNT$5.3tNT$1.2t27.5x21.9x4.8x
Thu, 04 Jan 2024NT$23.7tNT$5.4tNT$1.2t26.7x19.1x4.4x
Sat, 02 Dec 2023NT$23.7tNT$5.4tNT$1.2t26.2x19.1x4.4x
Mon, 30 Oct 2023NT$21.3tNT$5.4tNT$1.3t21.4x16.8x4x
Wed, 27 Sep 2023NT$20.8tNT$5.6tNT$1.4t22.5x15.1x3.8x
Fri, 25 Aug 2023NT$21.8tNT$5.6tNT$1.4t21.6x15.8x3.9x
Sun, 23 Jul 2023NT$22.0tNT$5.8tNT$1.5t19.3x15.1x3.8x
Tue, 20 Jun 2023NT$23.0tNT$5.9tNT$1.5t20.1x15.1x3.9x
Thu, 18 May 2023NT$20.5tNT$5.9tNT$1.6t16.8x13.2x3.4x
Sat, 15 Apr 2023NT$20.8tNT$6.1tNT$1.6t16.8x13x3.4x
Mon, 13 Mar 2023NT$20.5tNT$6.1tNT$1.6t14x12.7x3.4x
Wed, 08 Feb 2023NT$20.5tNT$6.1tNT$1.7t12.7x12.2x3.3x
Fri, 06 Jan 2023NT$18.0tNT$6.0tNT$1.6t11.4x11.6x3x
Sun, 04 Dec 2022NT$19.4tNT$6.0tNT$1.6t12.5x12.5x3.2x
Tue, 01 Nov 2022NT$15.5tNT$6.0tNT$1.6t10.3x9.9x2.6x
Thu, 29 Sep 2022NT$16.7tNT$5.8tNT$1.4t10.7x11.5x2.9x
Sat, 27 Aug 2022NT$19.7tNT$5.8tNT$1.4t13.5x13.7x3.4x
Mon, 25 Jul 2022NT$19.4tNT$5.6tNT$1.4t12.5x13.8x3.4x
Wed, 22 Jun 2022NT$20.3tNT$5.5tNT$1.3t13.5x15.5x3.7x
Fri, 20 May 2022NT$21.2tNT$5.5tNT$1.3t14.6x16.3x3.9x
Sun, 17 Apr 2022NT$22.2tNT$5.3tNT$1.2t16.8x17.7x4.2x
Tue, 15 Mar 2022NT$23.3tNT$5.1tNT$1.2t17.8x19.8x4.5x
Thu, 10 Feb 2022NT$25.6tNT$5.0tNT$1.1t21.2x22.9x5.1x
Sat, 08 Jan 2022NT$25.8tNT$4.9tNT$1.1t21.1x24.3x5.3x
Mon, 06 Dec 2021NT$25.4tNT$4.9tNT$1.1t21.3x24x5.2x
Wed, 03 Nov 2021NT$24.0tNT$4.8tNT$1.0t24.9x23.3x5x
Fri, 01 Oct 2021NT$23.5tNT$4.6tNT$952.4b19.7x24.7x5.1x
Sun, 29 Aug 2021NT$24.1tNT$4.6tNT$952.4b20.9x25.3x5.2x
Price to Earnings Ratio

25.3x


Total Market Cap: NT$24.1tTotal Earnings: NT$952.4bTotal Revenue: NT$4.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Semiconductors Industry Price to Earnings3Y Average 18.6x202220232024
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 27.3x which is higher than its 3-year average PE of 18.6x.
  • The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have grown 10% per year over the last three years.
  • Revenues for these companies have grown 7.8% 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 Market1.13%
Tech1.40%
Semiconductors1.50%
Semiconductor Equipment3.56%
Semiconductors1.43%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 18.6x.
    • Analysts are expecting annual earnings growth of 20.6%, which is higher than its past year's earnings growth of 7.3% per year.
  • Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.3x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductor Equipment industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 21% 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$950.000.7%
+NT$181.5b
68.4%PE26.7x
2454 MediaTekNT$1.23k6.5%
+NT$119.4b
78.0%PE19.3x
6415 SilergyNT$473.0014.9%
+NT$23.6b
83.3%PE300.2x
3653 Jentech Precision IndustrialNT$1.36k11.5%
+NT$20.0b
114.1%PE69.2x
3661 Alchip TechnologiesNT$2.62k10.3%
+NT$19.6b
5.0%PE52.6x
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5269

NT$1,645.00

ASMedia Technology

7D

11.1%

1Y

79.2%

6415

NT$473.00

Silergy

7D

14.9%

1Y

83.3%

2454

NT$1,230.00

MediaTek

7D

6.5%

1Y

78.0%

3413

NT$334.00

Foxsemicon Integrated Technology

7D

-1.6%

1Y

84.5%

2393

NT$77.70

Everlight Electronics

7D

-3.0%

1Y

67.6%

3131

NT$1,920.00

Grand Process Technology

7D

-3.0%

1Y

253.6%

8054

NT$162.00

Alcor MicroCorp

7D

-6.9%

1Y

425.1%

6526

NT$600.00

Airoha Technology

7D

-0.8%

1Y

5.1%

3661

NT$2,620.00

Alchip Technologies

7D

10.3%

1Y

5.0%

3188

NT$44.50

Golden Long Teng Development

7D

-9.5%

1Y

206.9%

2379

NT$544.00

Realtek Semiconductor

7D

5.2%

1Y

27.8%

6176

NT$183.00

Radiant Opto-Electronics

7D

-1.3%

1Y

58.4%

3711

NT$149.50

ASE Technology Holding

7D

-1.0%

1Y

32.3%

2330

NT$950.00

Taiwan Semiconductor Manufacturing

7D

0.7%

1Y

68.4%