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Taiwanese (TAIEX) Telecom Sector Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies56
  • 7D1.8%
  • 3M5.9%
  • 1Y12.8%
  • YTD11.8%

In the last week, the Telecom industry is up 1.8%, with Chunghwa Telecom leading the way with a 0.8% gain. During this same period, the ShengHua Entertainment CommunicationLtd underperformed, falling 17%. In the last 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 5.6% annually.

Sector Valuation and Performance

Has the Taiwanese Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023NT$1.8tNT$584.6bNT$68.0b20.7x26.3x3.1x
Wed, 01 Nov 2023NT$1.7tNT$580.2bNT$67.6b19.7x25.1x2.9x
Fri, 29 Sep 2023NT$1.7tNT$580.2bNT$67.6b19.7x25x2.9x
Sun, 27 Aug 2023NT$1.7tNT$580.2bNT$67.6b19.9x24.7x2.9x
Tue, 25 Jul 2023NT$1.7tNT$575.3bNT$66.2b17x25.4x2.9x
Thu, 22 Jun 2023NT$1.8tNT$574.9bNT$66.1b18.1x27.4x3.1x
Sat, 20 May 2023NT$1.8tNT$575.1bNT$65.9b18.8x27.5x3.2x
Mon, 17 Apr 2023NT$1.8tNT$567.7bNT$64.8b18x27.6x3.1x
Wed, 15 Mar 2023NT$1.7tNT$566.0bNT$64.9b15.2x25.9x3x
Fri, 10 Feb 2023NT$1.6tNT$562.0bNT$64.3b15.6x25.2x2.9x
Sun, 08 Jan 2023NT$1.6tNT$562.4bNT$64.5b15.4x25x2.9x
Tue, 06 Dec 2022NT$1.6tNT$562.2bNT$64.4b15.2x24.6x2.8x
Thu, 03 Nov 2022NT$1.5tNT$556.0bNT$64.9b13.7x23.9x2.8x
Sat, 01 Oct 2022NT$1.6tNT$556.0bNT$64.8b14.7x24.8x2.9x
Mon, 29 Aug 2022NT$1.7tNT$554.5bNT$64.8b16.4x26.3x3.1x
Wed, 27 Jul 2022NT$1.7tNT$546.9bNT$63.0b17.2x26.3x3x
Fri, 24 Jun 2022NT$1.8tNT$546.9bNT$63.0b17.5x28.4x3.3x
Sun, 22 May 2022NT$1.8tNT$546.9bNT$63.0b17.7x28.1x3.2x
Tue, 19 Apr 2022NT$1.8tNT$539.0bNT$61.7b16.6x29x3.3x
Thu, 17 Mar 2022NT$1.8tNT$539.9bNT$61.2b21.3x28.6x3.2x
Sat, 12 Feb 2022NT$1.7tNT$531.7bNT$60.4b20.3x27.7x3.1x
Mon, 10 Jan 2022NT$1.6tNT$531.3bNT$60.0b21.2x27.3x3.1x
Wed, 08 Dec 2021NT$1.6tNT$531.3bNT$60.0b17.5x26.6x3x
Fri, 05 Nov 2021NT$1.6tNT$523.0bNT$55.7b18.3x28.2x3x
Sun, 03 Oct 2021NT$1.6tNT$522.9bNT$55.7b17.8x28x3x
Tue, 31 Aug 2021NT$1.6tNT$522.9bNT$55.7b18.2x28.4x3x
Wed, 07 Jul 2021NT$1.6tNT$522.9bNT$55.7b19.5x29.3x3.1x
Sat, 10 Apr 2021NT$1.6tNT$511.9bNT$55.5b20.6x28.8x3.1x
Fri, 01 Jan 2021NT$1.6tNT$504.0bNT$55.8b23.5x28.2x3.1x
Price to Earnings Ratio

27.3x


Total Market Cap: NT$1.6tTotal Earnings: NT$56.9bTotal Revenue: NT$494.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Telecom Sector Price to Earnings3Y Average 27x202120222023
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Communication Services 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 27.0x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 6.1% per year over the last three years.
  • Revenues for these companies have grown 5.8% 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 Telecom sector?

TW Market1.04%
Telecom1.79%
Entertainment7.22%
Wireless Telecom1.81%
Telecom Services and Carriers0.86%
Interactive Media and Services0.74%
Media0.19%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry, which is trading close to its 3-year average PE ratio of 30.9x.
    • Analysts are expecting annual earnings growth of 3.4%, which is higher than its past year's earnings growth of 1.0% per year.
  • Investors are most pessimistic about the Interactive Media and Services industry, which is trading close to its 3-year average of 16.5x.
Forecasted Growth
  • Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 3.4% 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
2412 Chunghwa TelecomNT$120.000.8%
+NT$7.8b
7.1%PE25.1x
5478 Soft-World InternationalNT$174.5054.4%
+NT$7.5b
124.6%PE23x
4904 Far EasTone TelecommunicationsNT$82.002.8%
+NT$7.2b
21.5%PE24.5x
3045 Taiwan MobileNT$99.200.9%
+NT$2.5b
4.9%PE25.1x
3293 International Games SystemLtdNT$658.001.4%
+NT$1.3b
67.9%PE15x
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3045

NT$99.20

Taiwan Mobile

7D

0.9%

1Y

4.9%

3687

NT$111.00

MacroWell OMG Digital Entertainment

7D

26.1%

1Y

29.1%

5478

NT$174.50

Soft-World International

7D

54.4%

1Y

124.6%

6180

NT$76.00

Gamania Digital Entertainment

7D

6.6%

1Y

13.3%

4806

NT$14.05

ShengHua Entertainment CommunicationLtd

7D

-17.1%

1Y

146.9%

3293

NT$658.00

International Games SystemLtd

7D

1.4%

1Y

67.9%

2412

NT$120.00

Chunghwa Telecom

7D

0.8%

1Y

7.1%

6650

NT$58.50

Art Emperor Technology And Culture

7D

-1.5%

1Y

31.7%

8359

NT$101.00

Cashbox Partyworld

7D

-0.5%

1Y

14.8%

4904

NT$82.00

Far EasTone Telecommunications

7D

2.8%

1Y

21.5%

6798

NT$65.00

Flight International

7D

-2.5%

1Y

n/a

6111

NT$78.30

Softstar Entertainment

7D

8.8%

1Y

81.9%

6622

NT$20.40

Bossdom Digiinnovation

7D

-11.3%

1Y

1.0%

8923

NT$19.75

China Times Publishing Comp

7D

-3.7%

1Y

-9.8%

8492

NT$5.85

TWR Entertainment

7D

-14.0%

1Y

-62.9%