Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies19
  • 7D-0.8%
  • 3M-3.0%
  • 1Y-16.8%
  • YTD-5.6%

Over the last 7 days, the Utilities industry has remained flat, although notably Shinfox Energy declined by 41%. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 114% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026NT$143.8bNT$61.0bNT$5.5b20.6x26.2x2.4x
Thu, 12 Mar 2026NT$169.1bNT$93.0b-NT$3,846,022,000.0018.4x-44x1.8x
Sat, 07 Feb 2026NT$165.5bNT$90.2b-NT$4,175,537,000.0018.4x-39.6x1.8x
Mon, 05 Jan 2026NT$153.7bNT$90.2b-NT$4,175,537,000.0018.4x-36.8x1.7x
Wed, 03 Dec 2025NT$155.6bNT$89.8b-NT$4,185,836,000.0018.7x-37.2x1.7x
Fri, 31 Oct 2025NT$172.6bNT$84.6bNT$4.1b19.2x41.9x2x
Sun, 28 Sep 2025NT$174.3bNT$84.6bNT$4.1b19.4x42.4x2.1x
Tue, 26 Aug 2025NT$188.5bNT$83.4bNT$4.1b19.7x46.1x2.3x
Thu, 24 Jul 2025NT$199.4bNT$77.8bNT$8.2b22.6x24.4x2.6x
Sat, 21 Jun 2025NT$208.2bNT$76.8bNT$8.2b23.8x25.5x2.7x
Mon, 19 May 2025NT$202.7bNT$76.8bNT$8.2b22.8x24.8x2.6x
Wed, 16 Apr 2025NT$183.5bNT$71.7bNT$8.3b19x22x2.6x
Fri, 14 Mar 2025NT$202.6bNT$63.9bNT$7.3b25.7x27.6x3.2x
Sun, 09 Feb 2025NT$207.2bNT$63.5bNT$7.3b26.2x28.5x3.3x
Tue, 07 Jan 2025NT$207.0bNT$63.5bNT$7.3b25.9x28.5x3.3x
Thu, 05 Dec 2024NT$214.8bNT$63.5bNT$7.3b26.7x29.6x3.4x
Sat, 02 Nov 2024NT$241.4bNT$60.6bNT$7.2b29.3x33.6x4x
Mon, 30 Sep 2024NT$217.7bNT$58.3bNT$7.0b26x31x3.7x
Wed, 28 Aug 2024NT$217.6bNT$57.4bNT$6.9b24.1x31.7x3.8x
Fri, 26 Jul 2024NT$221.5bNT$55.2bNT$6.9b26.6x32.3x4x
Sun, 23 Jun 2024NT$188.8bNT$55.2bNT$6.9b23.3x27.5x3.4x
Tue, 21 May 2024NT$177.8bNT$55.0bNT$6.9b22.3x25.9x3.2x
Thu, 18 Apr 2024NT$185.0bNT$52.7bNT$7.3b23.8x25.4x3.5x
Sat, 16 Mar 2024NT$178.9bNT$54.0bNT$7.6b21.1x23.6x3.3x
Mon, 12 Feb 2024NT$157.9bNT$51.4bNT$7.4b20.9x21.4x3.1x
Wed, 10 Jan 2024NT$153.2bNT$51.4bNT$7.4b19.3x20.8x3x
Fri, 08 Dec 2023NT$154.4bNT$51.4bNT$7.4b19.5x20.9x3x
Sun, 05 Nov 2023NT$151.7bNT$48.2bNT$7.2b18.3x21x3.1x
Tue, 03 Oct 2023NT$155.5bNT$49.2bNT$7.3b17.2x21.4x3.2x
Thu, 31 Aug 2023NT$152.8bNT$48.2bNT$7.2b19x21.2x3.2x
Sat, 29 Jul 2023NT$164.3bNT$45.3bNT$5.9b25.2x27.8x3.6x
Mon, 26 Jun 2023NT$170.1bNT$44.9bNT$5.9b22.5x28.8x3.8x
Wed, 24 May 2023NT$163.3bNT$44.3bNT$5.3b26.1x30.9x3.7x
Fri, 21 Apr 2023NT$159.1bNT$43.6bNT$5.3b25.5x30.1x3.7x
Price to Earnings Ratio

30.1x


Total Market Cap: NT$159.1bTotal Earnings: NT$5.3bTotal Revenue: NT$43.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Utilities Sector Price to Earnings3Y Average 19.7x202420252026
Current Industry PE
  • Investors are optimistic on the Taiwanese Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.2x which is higher than its 3-year average PE of 19.7x.
  • The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 12% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Taiwanese Utilities sector?

TW Market8.99%
Utilities-0.77%
Water Utilities0%0
Renewable Energy-0.49%
Gas Utilities-1.21%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 32.0x.
    • Analysts are expecting annual earnings growth of 114.3%, which is higher than its past year's earnings growth of 1.8% per year.
  • Investors are most pessimistic about the Water Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.4x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 114% over the next 5 years.
  • This is better than its past earnings growth rate of 1.8% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 114% 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
8926 Taiwan CogenerationNT$43.801.7%
+NT$547.7m		8.7%PE17.9x
6873 HD Renewable EnergyNT$86.503.2%
+NT$383.1m		-49.2%PE24.4x
6994 Foxwell PowerNT$66.306.9%
+NT$309.7m		-32.9%PE10.6x
6869 J&V Energy TechnologyNT$83.701.7%
+NT$186.8m		-41.3%PS1.5x
8917 Hsin Tai GasNT$53.701.9%
+NT$162.7m		-16.0%PE24x

Latest News

9918
NT$43.30
Shin Shin Natural Gas
7D
-4.7%
1Y
11.9%
6806
NT$18.60
Shinfox Energy
7D
-40.6%
1Y
-78.1%
6869
NT$83.70
J&V Energy Technology
7D
1.7%
1Y
-41.3%
6994
NT$66.30
Foxwell Power
7D
6.9%
1Y
-32.9%
8435
NT$57.00
Zimmite Taiwan
7D
0.9%
1Y
-20.4%
6873
NT$86.50
HD Renewable Energy
7D
3.2%
1Y
-49.2%
8908
NT$40.15
ShinHsiung Natural Gas
7D
-2.1%
1Y
-0.7%
9931
NT$36.00
Hsin Kao GasLtd
7D
-2.6%
1Y
4.7%
8926
NT$43.80
Taiwan Cogeneration
7D
1.7%
1Y
8.7%
9926
NT$50.00
Shin Hai Gas
7D
0.7%
1Y
0.4%
8931
NT$41.95
Ta-Yuan Cogeneration
7D
1.6%
1Y
-1.2%
8917
NT$53.70
Hsin Tai Gas
7D
1.9%
1Y
-16.0%
7897
NT$34.40
WHOLE Sun Green Power
7D
-2.4%
1Y
n/a
6946
NT$13.10
Santi Renewable Energy
7D
-6.8%
1Y
-50.3%
7877
NT$42.55
TEINCO TechnologyLtd
7D
-5.4%
1Y
n/a
6987
NT$19.70
Ina Energy
7D
-2.0%
1Y
-44.7%