Header cover image

Taiwanese (TAIEX) Application Software Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies22
  • 7D-4.2%
  • 3M-6.3%
  • 1Y-9.8%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 2.1%, driven by 91App declining 10%. Meanwhile, eLand Information actually outperformed within the industry, gaining 20% in the last week. However, the industry is down 10% over the past year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024NT$67.7bNT$16.7bNT$1.7b24.5x39.2x4.1x
Thu, 21 Mar 2024NT$74.5bNT$16.6bNT$1.5b28.8x48.2x4.5x
Sat, 17 Feb 2024NT$74.2bNT$16.1bNT$1.6b35.3x45.6x4.6x
Mon, 15 Jan 2024NT$74.8bNT$16.1bNT$1.6b35.8x45.9x4.6x
Wed, 13 Dec 2023NT$75.0bNT$16.3bNT$1.5b36.9x50.3x4.6x
Fri, 10 Nov 2023NT$71.7bNT$15.9bNT$1.5b30.5x47.8x4.5x
Sun, 08 Oct 2023NT$69.5bNT$15.8bNT$1.5b29.8x46.5x4.4x
Tue, 05 Sep 2023NT$72.3bNT$15.8bNT$1.5b31.5x48.4x4.6x
Thu, 03 Aug 2023NT$77.8bNT$15.6bNT$1.5b31.3x51.6x5x
Sat, 01 Jul 2023NT$75.1bNT$14.8bNT$1.5b24.2x49.6x5.1x
Mon, 29 May 2023NT$74.1bNT$14.6bNT$1.7b29.8x44.8x5.1x
Wed, 26 Apr 2023NT$70.8bNT$14.4bNT$1.7b28.5x42.1x4.9x
Fri, 24 Mar 2023NT$70.1bNT$14.3bNT$1.8b21.6x38.2x4.9x
Sun, 19 Feb 2023NT$65.0bNT$14.0bNT$1.1b14.4x59.5x4.7x
Tue, 17 Jan 2023NT$60.0bNT$14.0bNT$1.1b13.4x54.9x4.3x
Thu, 15 Dec 2022NT$50.2bNT$14.0bNT$1.1b13.3x46x3.6x
Sat, 12 Nov 2022NT$48.2bNT$13.8bNT$891.0m13.2x54.1x3.5x
Mon, 10 Oct 2022NT$48.6bNT$13.7bNT$829.9m13.8x58.6x3.6x
Wed, 07 Sep 2022NT$51.7bNT$13.6bNT$837.0m13.4x61.8x3.8x
Fri, 05 Aug 2022NT$49.9bNT$13.3bNT$839.1m13.6x59.4x3.8x
Sun, 03 Jul 2022NT$51.4bNT$12.1bNT$607.2m14x84.6x4.3x
Tue, 31 May 2022NT$54.9bNT$12.1bNT$602.0m13x91.2x4.5x
Thu, 28 Apr 2022NT$55.7bNT$11.7bNT$434.9m13.2x128.1x4.8x
Sat, 26 Mar 2022NT$59.0bNT$11.4bNT$307.8m13.9x191.8x5.2x
Mon, 21 Feb 2022NT$63.3bNT$11.4bNT$996.1m28.3x63.5x5.6x
Wed, 19 Jan 2022NT$70.0bNT$11.4bNT$996.1m24.6x70.3x6.2x
Fri, 17 Dec 2021NT$69.1bNT$11.4bNT$996.1m24.7x69.3x6.1x
Sun, 14 Nov 2021NT$67.3bNT$11.2bNT$923.3m24.2x72.9x6x
Tue, 12 Oct 2021NT$60.6bNT$11.2bNT$910.0m25.6x66.6x5.4x
Thu, 09 Sep 2021NT$60.3bNT$11.2bNT$910.0m24.3x66.3x5.4x
Sat, 07 Aug 2021NT$71.3bNT$11.2bNT$910.0m28.3x78.3x6.4x
Fri, 30 Apr 2021NT$34.5bNT$10.0bNT$501.8m19.3x68.7x3.4x
Price to Earnings Ratio

68.7x


Total Market Cap: NT$34.5bTotal Earnings: NT$501.8mTotal Revenue: NT$10.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Application Software Industry Price to Earnings3Y Average 64.6x202220232024
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 40.0x which is lower than its 3-year average PE of 64.7x.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 51% per year over the last three years.
  • Revenues for these companies have grown 18% 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-5.75%
Tech-7.69%
Software-5.04%
Application Software-4.21%
Systems Software-7.11%
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?

CompanyLast Price7D1YValuation
5263 Brogent TechnologiesNT$115.001.8%
+NT$129.7m
-5.0%PS8.6x
5203 CyberLinkNT$84.800.4%
+NT$23.7m
-10.5%PE30.1x
6590 Provision InformationLtdNT$88.901.0%
+NT$19.2m
3.6%PE14.6x
6882 ReallusionNT$30.100.5%
+NT$3.5m
-30.0%PE24.5x
5211 Penpower TechnologyNT$25.600.2%
+NT$1.6m
-18.6%PS5x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

6882

NT$30.10

Reallusion

7D

0.5%

1Y

-30.0%

5203

NT$84.80

CyberLink

7D

0.4%

1Y

-10.5%

6741

NT$83.10

91App

7D

-1.8%

1Y

-31.0%

6925

NT$57.00

eLand Information

7D

-12.3%

1Y

-16.7%

6902

NT$145.00

Gogolook

7D

-4.9%

1Y

n/a

5202

NT$20.40

NewSoft Technology

7D

-6.0%

1Y

30.4%

6906

NT$137.50

Groundhog

7D

-5.8%

1Y

-12.1%

5211

NT$25.60

Penpower Technology

7D

0.2%

1Y

-18.6%

5263

NT$115.00

Brogent Technologies

7D

1.8%

1Y

-5.0%

8416

NT$152.00

Solidwizard Technology

7D

-2.9%

1Y

10.9%

6752

NT$122.00

Galaxy Software Services

7D

-3.6%

1Y

-18.4%

6590

NT$88.90

Provision InformationLtd

7D

1.0%

1Y

3.6%

6870

NT$127.00

Turn Cloud Technology Service

7D

-2.3%

1Y

-9.9%