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- 7D-1.1%
- 3M16.7%
- 1Y9.2%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.1%, driven by pullbacks in TPIsoftware and Turn Cloud Technology Service of 3.1% and 6.2%, respectively. Meanwhile, NewSoft Technology actually outperformed within the industry, gaining 18% in the last week. This takes the industry's 12 month performance to a gain of 9.2%. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Taiwanese Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | NT$84.0b | NT$21.3b | NT$2.1b | 20.1x | 39.3x | 3.9x |
| Fri, 08 May 2026 | NT$78.0b | NT$20.8b | NT$1.9b | 20.1x | 40.7x | 3.8x |
| Sun, 05 Apr 2026 | NT$75.4b | NT$21.0b | NT$1.9b | 20.9x | 40x | 3.6x |
| Tue, 03 Mar 2026 | NT$72.0b | NT$20.9b | NT$1.8b | 19.6x | 40.9x | 3.4x |
| Thu, 29 Jan 2026 | NT$75.5b | NT$20.5b | NT$1.7b | 20.7x | 44.5x | 3.7x |
| Sat, 27 Dec 2025 | NT$68.1b | NT$20.5b | NT$1.7b | 21.7x | 40.1x | 3.3x |
| Mon, 24 Nov 2025 | NT$67.3b | NT$20.5b | NT$1.7b | 23.6x | 39.7x | 3.3x |
| Wed, 22 Oct 2025 | NT$72.2b | NT$20.0b | NT$1.4b | 25.6x | 51.7x | 3.6x |
| Fri, 19 Sep 2025 | NT$75.3b | NT$20.0b | NT$1.4b | 28.3x | 53.9x | 3.8x |
| Sun, 17 Aug 2025 | NT$76.5b | NT$19.8b | NT$1.5b | 21.4x | 52x | 3.9x |
| Tue, 15 Jul 2025 | NT$79.1b | NT$20.5b | NT$2.1b | 23.1x | 38.1x | 3.9x |
| Thu, 12 Jun 2025 | NT$79.8b | NT$20.4b | NT$2.1b | 24.5x | 38.7x | 3.9x |
| Sat, 10 May 2025 | NT$72.1b | NT$20.0b | NT$2.1b | 28.2x | 34.7x | 3.6x |
| Mon, 07 Apr 2025 | NT$80.3b | NT$19.7b | NT$2.0b | 21.5x | 39.3x | 4.1x |
| Wed, 05 Mar 2025 | NT$87.6b | NT$18.9b | NT$2.1b | 22.8x | 41.9x | 4.6x |
| Fri, 31 Jan 2025 | NT$79.6b | NT$18.9b | NT$2.2b | 20.1x | 36.5x | 4.2x |
| Sun, 29 Dec 2024 | NT$79.6b | NT$18.9b | NT$2.2b | 19.6x | 36.5x | 4.2x |
| Tue, 26 Nov 2024 | NT$82.4b | NT$18.9b | NT$2.2b | 19.6x | 37.8x | 4.4x |
| Thu, 24 Oct 2024 | NT$86.2b | NT$17.6b | NT$2.4b | 19.9x | 36.2x | 4.9x |
| Sat, 21 Sep 2024 | NT$78.3b | NT$17.6b | NT$2.4b | 20.7x | 32.9x | 4.4x |
| Mon, 19 Aug 2024 | NT$78.2b | NT$17.6b | NT$2.4b | 20.6x | 33.1x | 4.4x |
| Wed, 17 Jul 2024 | NT$80.7b | NT$17.1b | NT$2.0b | 25.1x | 39.9x | 4.7x |
| Fri, 14 Jun 2024 | NT$76.9b | NT$17.1b | NT$2.0b | 26.2x | 38.1x | 4.5x |
| Sun, 12 May 2024 | NT$70.2b | NT$16.8b | NT$1.8b | 24.6x | 38.2x | 4.2x |
| Tue, 09 Apr 2024 | NT$74.6b | NT$16.7b | NT$1.7b | 24.6x | 43.2x | 4.5x |
| Thu, 07 Mar 2024 | NT$74.6b | NT$16.3b | NT$1.5b | 34.4x | 51.4x | 4.6x |
| Sat, 03 Feb 2024 | NT$74.0b | NT$16.1b | NT$1.6b | 35.1x | 45.4x | 4.6x |
| Mon, 01 Jan 2024 | NT$77.9b | NT$16.1b | NT$1.6b | 37.7x | 47.8x | 4.8x |
| Wed, 29 Nov 2023 | NT$74.9b | NT$16.2b | NT$1.5b | 36.7x | 50.9x | 4.6x |
| Fri, 27 Oct 2023 | NT$70.1b | NT$15.8b | NT$1.5b | 28.4x | 46.9x | 4.4x |
| Sun, 24 Sep 2023 | NT$69.8b | NT$15.8b | NT$1.5b | 31x | 46.7x | 4.4x |
| Tue, 22 Aug 2023 | NT$71.6b | NT$15.8b | NT$1.5b | 32.6x | 49.2x | 4.5x |
| Thu, 20 Jul 2023 | NT$80.0b | NT$14.8b | NT$1.5b | 23.3x | 52.8x | 5.4x |
| Sat, 17 Jun 2023 | NT$72.8b | NT$14.8b | NT$1.5b | 24.2x | 48x | 4.9x |
Price to Earnings Ratio
48x
Current Industry PE
- Investors are pessimistic on the Taiwanese Application 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 39.3x which is lower than its 3-year average PE of 42.5x.
- The industry is trading close to its 3-year average PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have grown 12% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Taiwanese Application Software compare with similar industries?
| TW Market | -1.98% | |
| Tech | -3.17% | |
| Software | -2.06% | |
| Application Software | -1.06% | |
| Systems Software | -3.69% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6870 Turn Cloud Technology Service | NT$313.50 | 8.3% +NT$560.3m | 60.7% | PE41.6x | |
| 5202 NewSoft Technology | NT$15.35 | 14.1% +NT$169.3m | -31.5% | PS9.2x | |
| 7737 Kdan Mobile Software | NT$43.55 | 3.7% +NT$45.6m | -0.9% | n/a | |
| 6590 Provision InformationLtd | NT$66.20 | 0.8% +NT$12.5m | 3.3% | PE13.1x | |
| 8284 Mitake Information | NT$63.30 | 0.2% +NT$4.6m | -9.6% | PE13.8x |