Taiwanese (TAIEX) Tech Hardware Industry Analysis
- 7D-0.3%
- 3M7.9%
- 1Y17.8%
- YTD13.1%
Over the last 7 days, the Tech Hardware industry has remained flat, although notably Wiwynn gained 3.0%. As for the the longer term, the industry is up 18% over the past 12 months.
Industry Valuation and Performance
Has the Taiwanese Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | NT$2.9t | NT$7.5t | NT$261.6b | 17x |
| Sat, 30 Oct 2021 | NT$2.8t | NT$7.5t | NT$248.8b | 15.7x |
| Mon, 27 Sep 2021 | NT$2.7t | NT$7.5t | NT$248.7b | 14.7x |
| Wed, 25 Aug 2021 | NT$2.7t | NT$7.5t | NT$248.1b | 15x |
| Thu, 01 Jul 2021 | NT$2.8t | NT$7.5t | NT$248.1b | 15.7x |
| Sun, 04 Apr 2021 | NT$3.0t | NT$7.5t | NT$228.9b | 16.9x |
| Wed, 06 Jan 2021 | NT$2.5t | NT$7.2t | NT$194.0b | 15.6x |
| Sat, 10 Oct 2020 | NT$2.4t | NT$7.1t | NT$167.1b | 14x |
| Fri, 03 Jul 2020 | NT$2.3t | NT$6.9t | NT$153.9b | 13.9x |
| Mon, 06 Apr 2020 | NT$2.0t | NT$6.7t | NT$133.8b | 12.1x |
| Thu, 09 Jan 2020 | NT$2.3t | NT$6.9t | NT$137.5b | 15.5x |
| Wed, 02 Oct 2019 | NT$2.1t | NT$7.0t | NT$134.2b | 14.2x |
| Sat, 06 Jul 2019 | NT$2.1t | NT$7.0t | NT$131.6b | 14.6x |
| Tue, 09 Apr 2019 | NT$2.1t | NT$6.9t | NT$139.3b | 14.4x |
| Mon, 31 Dec 2018 | NT$1.8t | NT$6.9t | NT$167.6b | 13x |
12.3x
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 14.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Tech industry have grown 17% per year over the last three years, and revenues for these companies have grown 3.5% 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 Hardware industry?
| Tech Hardware Storage and Peripherals | -0.26% | |
Industry PE: Investors are most optimistic about the Tech Hardware Storage and Peripherals industry which is trading above its 3-year average PE ratio of 14.9x. However analysts are expecting annual earnings growth of 0.1%, which is lower than the prior year's growth of 26% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Tech Hardware Storage and Peripherals industry, expecting annual earnings growth of 0.1% over the next 5 years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 6669 Wiwynn | 3.0%+NT$5.2b | 52.7% | PE20.3x | |
| 2357 ASUSTeK Computer | 1.4%+NT$3.7b | 44.3% | PE6.6x | |
| 2382 Quanta Computer | 1.0%+NT$3.5b | 13.0% | PE10.3x | |
| 2498 HTC | 5.0%+NT$3.3b | 164.8% | PS12.5x | |
| 2376 Giga-Byte Technology | 3.7%+NT$3.2b | 76.2% | PE8.2x |