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Taiwanese (TAIEX) Software Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies29
  • 7D-1.0%
  • 3M-3.5%
  • 1Y1.6%
  • YTD-5.6%

Over the last 7 days, the Software industry has dropped 1.3%, driven by Groundhog declining 6.2%. On the other hand Brogent Technologies is actually up 5.7%. Over the past 12 months, the industry was up 4.2%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024NT$95.6bNT$27.7bNT$2.3b27.4x41.8x3.5x
Sun, 24 Mar 2024NT$103.0bNT$27.5bNT$2.1b26.7x48.9x3.8x
Tue, 20 Feb 2024NT$102.1bNT$27.0bNT$2.2b28.7x46.5x3.8x
Thu, 18 Jan 2024NT$99.3bNT$27.0bNT$2.2b27.8x45.2x3.7x
Sat, 16 Dec 2023NT$102.4bNT$27.2bNT$2.1b32.8x49.7x3.8x
Mon, 13 Nov 2023NT$92.0bNT$26.7bNT$2.1b29.4x43x3.4x
Wed, 11 Oct 2023NT$89.2bNT$26.9bNT$2.2b25x40.6x3.3x
Fri, 08 Sep 2023NT$91.4bNT$26.9bNT$2.2b23.6x41.6x3.4x
Sun, 06 Aug 2023NT$97.8bNT$26.8bNT$2.3b25.9x42.6x3.6x
Tue, 04 Jul 2023NT$94.6bNT$26.2bNT$2.3b24.6x40.5x3.6x
Thu, 01 Jun 2023NT$92.3bNT$25.8bNT$2.3b26x39.3x3.6x
Sat, 29 Apr 2023NT$92.4bNT$25.6bNT$2.6b22.9x36.1x3.6x
Mon, 27 Mar 2023NT$85.9bNT$25.4bNT$2.7b19.4x32x3.4x
Wed, 22 Feb 2023NT$80.3bNT$25.0bNT$2.0b15.7x39.5x3.2x
Fri, 20 Jan 2023NT$72.5bNT$25.0bNT$2.0b13.6x35.6x2.9x
Sun, 18 Dec 2022NT$69.3bNT$25.0bNT$2.0b13.4x34.1x2.8x
Tue, 15 Nov 2022NT$60.2bNT$24.4bNT$1.8b13.2x32.8x2.5x
Thu, 13 Oct 2022NT$58.9bNT$24.0bNT$1.7b14.3x35.2x2.5x
Sat, 10 Sep 2022NT$63.9bNT$24.0bNT$1.7b14.8x38.1x2.7x
Mon, 08 Aug 2022NT$63.1bNT$22.9bNT$1.6b15.1x40x2.8x
Wed, 06 Jul 2022NT$61.3bNT$21.4bNT$1.3b14.3x47.2x2.9x
Fri, 03 Jun 2022NT$67.5bNT$21.4bNT$1.3b15.3x52.4x3.2x
Sun, 01 May 2022NT$66.6bNT$21.1bNT$1.0b15.4x63.7x3.2x
Tue, 29 Mar 2022NT$70.1bNT$20.7bNT$876.6m16.9x80x3.4x
Thu, 24 Feb 2022NT$71.7bNT$20.4bNT$1.5b17.8x47.8x3.5x
Sat, 22 Jan 2022NT$79.5bNT$20.4bNT$1.5b17.9x53x3.9x
Mon, 20 Dec 2021NT$80.8bNT$20.4bNT$1.5b18.1x53.9x4x
Wed, 17 Nov 2021NT$83.0bNT$20.1bNT$1.4b18.8x59x4.1x
Fri, 15 Oct 2021NT$72.1bNT$20.0bNT$1.4b18.3x52.6x3.6x
Sun, 12 Sep 2021NT$70.9bNT$20.0bNT$1.4b17.9x51.7x3.6x
Tue, 10 Aug 2021NT$80.3bNT$20.0bNT$1.4b18.2x58.6x4x
Mon, 03 May 2021NT$44.9bNT$18.6bNT$933.6m19.3x48.1x2.4x
Price to Earnings Ratio

48.1x


Total Market Cap: NT$44.9bTotal Earnings: NT$933.6mTotal Revenue: NT$18.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Software Industry Price to Earnings3Y Average 46.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Taiwanese Software 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 41.9x which is lower than its 3-year average PE of 46.4x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Software industry have grown 35% 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 Market-2.26%
Tech-3.57%
Software-1.02%
Application Software-0.73%
Systems Software-1.78%
Industry PE
  • Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 24.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 64.6x.
Forecasted Growth
  • Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 12% per year.
  • In contrast, the Application Software industry is expected to see its earnings grow by 24% 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
5263 Brogent TechnologiesNT$120.006.2%
+NT$453.8m		-0.8%PS9x
6741 91AppNT$85.203.3%
+NT$318.8m		-41.4%PE25.3x
6231 Insyde SoftwareNT$231.003.6%
+NT$304.3m		82.6%PE47.5x
6221 Genesis TechnologyNT$82.502.9%
+NT$229.0m		54.7%PE28.3x
5203 CyberLinkNT$86.803.3%
+NT$221.0m		-10.5%PE30.9x
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6882

NT$33.60

Reallusion

7D

11.4%

1Y

-21.1%

5203

NT$86.80

CyberLink

7D

3.3%

1Y

-10.5%

6741

NT$85.20

91App

7D

3.3%

1Y

-41.4%

3564

NT$55.10

AEWIN TechnologiesLtd

7D

3.0%

1Y

51.8%

6902

NT$153.00

Gogolook

7D

-1.3%

1Y

n/a

6516

NT$75.00

Kingwaytek Technology

7D

-0.9%

1Y

-14.2%

6791

NT$80.80

Taiwan Auto-Design

7D

-2.8%

1Y

-37.6%

5202

NT$20.45

NewSoft Technology

7D

-4.4%

1Y

30.7%

6906

NT$136.50

Groundhog

7D

-2.8%

1Y

-15.0%

3632

NT$13.10

Papago

7D

-3.3%

1Y

-9.3%

6221

NT$82.50

Genesis Technology

7D

2.9%

1Y

54.7%

5263

NT$120.00

Brogent Technologies

7D

6.2%

1Y

-0.8%

5210

NT$35.60

Apex International Financial Engineering Res. & Tech

7D

-6.3%

1Y

104.6%

6752

NT$124.50

Galaxy Software Services

7D

2.5%

1Y

-20.7%

6910

NT$38.35

Grandsys

7D

-1.9%

1Y

n/a

6231

NT$231.00

Insyde Software

7D

3.6%

1Y

82.6%