Header cover image

Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies21
  • 7D3.1%
  • 3M-4.4%
  • 1Y-22.5%
  • YTD2.1%

In the last week, the Utilities industry is up 3.1%, with Taiwan Cogeneration up 4.5%. In the same time, Shinfox Energy was down 16%. In contrast, the industry has lost 22% in the last 12 months. As for the next few years, earnings are expected to grow by 127% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jun 2026NT$173.2bNT$101.3b-NT$11,241,313,000.0019.8x-15.4x1.7x
Tue, 05 May 2026NT$154.0bNT$62.6bNT$5.6b19.2x27.4x2.5x
Thu, 02 Apr 2026NT$145.1bNT$61.0bNT$5.5b20.9x26.5x2.4x
Sat, 28 Feb 2026NT$168.9bNT$90.2b-NT$4,175,537,000.0018.9x-40.5x1.9x
Mon, 26 Jan 2026NT$169.1bNT$90.2b-NT$4,175,537,000.0018.6x-40.5x1.9x
Wed, 24 Dec 2025NT$155.5bNT$90.2b-NT$4,175,537,000.0018.5x-37.2x1.7x
Fri, 21 Nov 2025NT$153.4bNT$89.8b-NT$4,186,412,000.0018.7x-36.6x1.7x
Sun, 19 Oct 2025NT$178.0bNT$84.6bNT$4.1b19.5x43.2x2.1x
Tue, 16 Sep 2025NT$175.8bNT$84.0bNT$4.1b19.6x42.9x2.1x
Thu, 14 Aug 2025NT$194.4bNT$77.6bNT$8.1b22x24.2x2.5x
Sat, 12 Jul 2025NT$198.8bNT$77.8bNT$8.2b22.9x24.3x2.6x
Mon, 09 Jun 2025NT$207.0bNT$76.8bNT$8.2b23x25.4x2.7x
Wed, 07 May 2025NT$197.6bNT$72.0bNT$8.3b21x23.8x2.7x
Fri, 04 Apr 2025NT$191.4bNT$71.7bNT$8.3b19.7x22.9x2.7x
Sun, 02 Mar 2025NT$210.2bNT$63.5bNT$7.3b26.2x29x3.3x
Tue, 28 Jan 2025NT$201.6bNT$63.5bNT$7.3b25.8x27.8x3.2x
Thu, 26 Dec 2024NT$206.4bNT$63.5bNT$7.3b25.8x28.4x3.3x
Sat, 23 Nov 2024NT$209.0bNT$63.5bNT$7.3b26.5x28.8x3.3x
Mon, 21 Oct 2024NT$221.4bNT$59.2bNT$7.1b27.5x31.1x3.7x
Wed, 18 Sep 2024NT$207.7bNT$58.3bNT$7.0b25.8x29.6x3.6x
Fri, 16 Aug 2024NT$194.3bNT$57.7bNT$6.9b25.5x28.3x3.4x
Sun, 14 Jul 2024NT$215.3bNT$55.2bNT$6.9b26.7x31.4x3.9x
Tue, 11 Jun 2024NT$180.3bNT$55.2bNT$6.9b22.3x26.3x3.3x
Thu, 09 May 2024NT$184.3bNT$52.6bNT$7.3b22.8x25.2x3.5x
Sat, 06 Apr 2024NT$184.7bNT$52.7bNT$7.3b22.2x25.4x3.5x
Mon, 04 Mar 2024NT$184.0bNT$51.4bNT$7.4b21.1x24.9x3.6x
Wed, 31 Jan 2024NT$158.4bNT$51.4bNT$7.4b20.8x21.5x3.1x
Fri, 29 Dec 2023NT$154.8bNT$51.4bNT$7.4b19.6x21x3x
Sun, 26 Nov 2023NT$154.8bNT$51.4bNT$7.4b19.5x21x3x
Tue, 24 Oct 2023NT$148.6bNT$48.2bNT$7.2b18.1x20.6x3.1x
Thu, 21 Sep 2023NT$152.6bNT$48.2bNT$7.2b18.6x21.2x3.2x
Sat, 19 Aug 2023NT$151.7bNT$48.2bNT$7.2b18.9x21x3.1x
Mon, 17 Jul 2023NT$164.8bNT$45.3bNT$5.9b25.2x27.8x3.6x
Wed, 14 Jun 2023NT$167.8bNT$44.9bNT$5.9b22x28.4x3.7x
Price to Earnings Ratio

28.4x


Total Market Cap: NT$167.8bTotal Earnings: NT$5.9bTotal Revenue: NT$44.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Utilities Sector Price to Earnings3Y Average 18.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Taiwanese Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 31% 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, which has decreased profits.

Industry Trends

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

TW Market0.45%
Utilities3.11%
Renewable Energy3.87%
Water Utilities1.96%
Gas Utilities1.70%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 20.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 127% over the next 5 years.
  • This is better than its past earnings growth rate of 93% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 127% 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$69.604.5%
+NT$2.2b
57.6%PE17.1x
7911 Apollo Power CoNT$163.0029.4%
+NT$1.5b
n/aPS4.9x
7897 WHOLE Sun Green PowerNT$46.8015.8%
+NT$855.1m
n/aPS28.5x
6873 HD Renewable EnergyNT$93.004.4%
+NT$553.3m
-54.5%PE28.8x
8908 ShinHsiung Natural GasNT$42.453.9%
+NT$503.2m
4.4%PE20x

Latest News