Taiwanese (TAIEX) Software Industry Analysis
- 7D-3.5%
- 3M8.9%
- 1Y7.6%
- YTD25.1%
Over the last 7 days, the Software industry has dropped 4.3%, driven by a pullback from 91App of 7.5%. This takes the industry's 12 month performance to a gain of 7.0%.
Industry Valuation and Performance
Has the Taiwanese Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | NT$83.0b | NT$20.4b | NT$1.5b | 18.3x |
| Mon, 01 Nov 2021 | NT$76.8b | NT$20.0b | NT$1.4b | 18.3x |
| Wed, 29 Sep 2021 | NT$69.5b | NT$20.0b | NT$1.4b | 18.5x |
| Fri, 27 Aug 2021 | NT$73.3b | NT$20.0b | NT$1.4b | 17.9x |
| Sat, 03 Jul 2021 | NT$80.8b | NT$20.0b | NT$1.4b | 18.7x |
| Tue, 06 Apr 2021 | NT$47.3b | NT$18.6b | NT$933.6m | 19.2x |
| Fri, 08 Jan 2021 | NT$40.4b | NT$18.3b | NT$922.2m | 17.1x |
| Thu, 01 Oct 2020 | NT$39.4b | NT$18.3b | NT$1.1b | 17x |
| Sun, 05 Jul 2020 | NT$42.6b | NT$18.3b | NT$1.3b | 18.7x |
| Wed, 08 Apr 2020 | NT$33.7b | NT$18.4b | NT$1.5b | 13.1x |
| Tue, 31 Dec 2019 | NT$43.1b | NT$16.9b | NT$1.4b | 22.2x |
| Fri, 04 Oct 2019 | NT$43.0b | NT$16.7b | NT$1.4b | 21.2x |
| Mon, 08 Jul 2019 | NT$36.6b | NT$16.2b | NT$1.3b | 15.9x |
| Sun, 31 Mar 2019 | NT$35.3b | NT$15.6b | NT$1.3b | 16.9x |
| Wed, 02 Jan 2019 | NT$33.3b | NT$15.2b | NT$1.2b | 15.5x |
15.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 17.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Software industry have grown 10% per year over the last three years, and 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 Software industry?
| Systems Software | 0.50% | |
| Application Software | -4.21% | |
Industry PE: Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 18.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Systems Software industry, which is trading close to its 3-year average of 19.5x.
Forecasted Growth: There 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 | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 5203 CyberLink | 2.7%+NT$184.9m | -12.4% | PE45.2x | |
| 6738 MAYO Human Capital | 14.9%+NT$175.9m | 15.4% | PS10.2x | |
| 3564 AEWIN TechnologiesLtd | 10.7%+NT$174.4m | 17.2% | PE34x | |
| 6231 Insyde Software | 3.6%+NT$114.1m | 1.9% | PE22.2x | |
| 6870 Turn Cloud Technology Service | 3.8%+NT$72.0m | n/a | n/a |