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Taiwanese (TAIEX) Software Industry Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies30
  • 7D4.3%
  • 3M7.6%
  • 1Y32.8%
  • YTD21.7%

Apex International Financial Engineering Res. & Tech is up 37%, leading the way for the Software industry, which has gained 4.3%. This means that the industry has gained 33% over the past year. Earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023NT$100.7bNT$27.2bNT$2.1b32.4x48.9x3.7x
Thu, 02 Nov 2023NT$89.1bNT$26.9bNT$2.2b22.8x40.5x3.3x
Sat, 30 Sep 2023NT$88.4bNT$26.9bNT$2.2b23.4x40.2x3.3x
Mon, 28 Aug 2023NT$90.7bNT$26.9bNT$2.2b24.8x42x3.4x
Wed, 26 Jul 2023NT$99.7bNT$27.0bNT$2.4b26.2x42.1x3.7x
Fri, 23 Jun 2023NT$91.5bNT$26.2bNT$2.3b24.6x39.2x3.5x
Sun, 21 May 2023NT$91.2bNT$25.8bNT$2.5b27.4x36x3.5x
Tue, 18 Apr 2023NT$88.7bNT$25.6bNT$2.6b22.5x34.7x3.5x
Thu, 16 Mar 2023NT$81.0bNT$25.2bNT$2.8b18.2x29.3x3.2x
Sat, 11 Feb 2023NT$77.0bNT$25.0bNT$2.0b14.6x37.8x3.1x
Mon, 09 Jan 2023NT$70.8bNT$25.0bNT$2.0b13.6x34.8x2.8x
Wed, 07 Dec 2022NT$64.1bNT$25.0bNT$2.0b13.6x31.5x2.6x
Fri, 04 Nov 2022NT$59.2bNT$24.0bNT$1.7b14.2x35.4x2.5x
Sun, 02 Oct 2022NT$59.8bNT$24.0bNT$1.7b15x35.8x2.5x
Tue, 30 Aug 2022NT$64.4bNT$24.0bNT$1.7b15.2x38.3x2.7x
Thu, 28 Jul 2022NT$63.0bNT$22.5bNT$1.5b15.2x42.4x2.8x
Sat, 25 Jun 2022NT$63.0bNT$21.4bNT$1.3b14.7x48.5x2.9x
Mon, 23 May 2022NT$66.6bNT$21.4bNT$1.3b15.3x51.7x3.1x
Wed, 20 Apr 2022NT$69.8bNT$20.7bNT$986.7m16.3x70.8x3.4x
Fri, 18 Mar 2022NT$70.2bNT$20.7bNT$850.5m16.9x82.5x3.4x
Sun, 13 Feb 2022NT$75.7bNT$20.4bNT$1.5b18.1x50.5x3.7x
Tue, 11 Jan 2022NT$80.0bNT$20.4bNT$1.5b17.9x53.3x3.9x
Thu, 09 Dec 2021NT$81.4bNT$20.4bNT$1.5b18.3x54.3x4x
Sat, 06 Nov 2021NT$76.2bNT$20.0bNT$1.4b17.9x55.5x3.8x
Mon, 04 Oct 2021NT$67.4bNT$20.0bNT$1.4b17.7x49.2x3.4x
Wed, 01 Sep 2021NT$74.7bNT$20.0bNT$1.4b17.9x54.5x3.7x
Thu, 08 Jul 2021NT$80.8bNT$20.0bNT$1.4b18.7x58.9x4x
Wed, 31 Mar 2021NT$47.3bNT$18.6bNT$933.6m19.2x50.7x2.5x
Sat, 02 Jan 2021NT$40.4bNT$18.3bNT$922.2m17.1x43.8x2.2x
Price to Earnings Ratio

43.8x


Total Market Cap: NT$40.4bTotal Earnings: NT$922.2mTotal Revenue: NT$18.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Software Industry Price to Earnings3Y Average 46.1x20222023
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Software 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 46.1x.
  • The 3-year average PS ratio of 3.2x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market1.86%
Tech2.07%
Software4.32%
Systems Software8.59%
Application Software3.03%
Industry PE
  • Investors are most optimistic about the Application Software industry even though it's trading below its 3-year average PE ratio of 66.9x.
    • Analysts are expecting annual earnings growth of 36.2%, which is higher than its past year's earnings growth of 2.5% per year.
  • Investors are most pessimistic about the Systems Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.2x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 2.5% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 36% 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
5210 Apex International Financial Engineering Res. & TechNT$51.4036.7%
+NT$858.1m
231.6%PS12.5x
6231 Insyde SoftwareNT$189.0011.2%
+NT$722.8m
91.9%PE38.6x
6874 M-POWER INFORMATIONNT$140.5021.1%
+NT$539.0m
150.9%n/a
3564 AEWIN TechnologiesLtdNT$51.8015.6%
+NT$413.9m
69.3%PE62.2x
3570 Otsuka Information TechnologyNT$161.0013.4%
+NT$324.8m
78.7%PE13.5x
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Latest News

3564

NT$51.60

AEWIN TechnologiesLtd

7D

15.2%

1Y

68.6%

3570

NT$156.00

Otsuka Information Technology

7D

9.9%

1Y

73.1%

6870

NT$149.50

Turn Cloud Technology Service

7D

-1.0%

1Y

35.3%

6231

NT$189.50

Insyde Software

7D

11.5%

1Y

92.4%

6902

NT$175.00

Gogolook

7D

-4.4%

1Y

n/a

6741

NT$110.50

91App

7D

1.4%

1Y

12.8%

5263

NT$127.00

Brogent Technologies

7D

2.0%

1Y

4.1%

6882

NT$38.75

Reallusion

7D

-7.6%

1Y

10.1%

6590

NT$87.40

Provision InformationLtd

7D

-0.7%

1Y

65.5%

5203

NT$94.10

CyberLink

7D

-1.8%

1Y

11.2%

6516

NT$82.60

Kingwaytek Technology

7D

-0.2%

1Y

15.6%

6874

NT$139.50

M-POWER INFORMATION

7D

20.3%

1Y

149.1%

5202

NT$16.40

NewSoft Technology

7D

15.9%

1Y

9.3%

3158

NT$80.00

SysJust

7D

-2.2%

1Y

8.4%