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Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies19
  • 7D0.1%
  • 3M-3.6%
  • 1Y-17.9%
  • YTD-5.5%

Last week, the Utilities industry hasn't moved much but WHOLE Sun Green Power is up 13% in that time. As for the longer term, the industry has declined 18% in the last year. Looking forward, 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
Thu, 16 Apr 2026NT$144.1bNT$61.0bNT$5.5b20.5x26.2x2.4x
Sat, 14 Mar 2026NT$166.4bNT$93.2b-NT$3,831,903,000.0018.9x-43.4x1.8x
Mon, 09 Feb 2026NT$165.5bNT$90.2b-NT$4,175,537,000.0018.4x-39.6x1.8x
Wed, 07 Jan 2026NT$152.7bNT$90.2b-NT$4,175,537,000.0018.2x-36.6x1.7x
Fri, 05 Dec 2025NT$156.8bNT$89.8b-NT$4,185,836,000.0018.7x-37.5x1.7x
Sun, 02 Nov 2025NT$173.9bNT$84.6bNT$4.1b19.3x42.3x2.1x
Tue, 30 Sep 2025NT$174.3bNT$84.6bNT$4.1b19.4x42.4x2.1x
Thu, 28 Aug 2025NT$184.6bNT$83.4bNT$4.1b19.2x45.1x2.2x
Sat, 26 Jul 2025NT$199.5bNT$77.8bNT$8.2b22.5x24.4x2.6x
Mon, 23 Jun 2025NT$208.2bNT$76.8bNT$8.2b23.8x25.5x2.7x
Wed, 21 May 2025NT$207.8bNT$76.8bNT$8.2b22.8x25.5x2.7x
Fri, 18 Apr 2025NT$182.7bNT$71.7bNT$8.3b19x21.9x2.5x
Sun, 16 Mar 2025NT$203.9bNT$64.0bNT$7.3b26.3x27.9x3.2x
Tue, 11 Feb 2025NT$206.7bNT$63.5bNT$7.3b25.7x28.5x3.3x
Thu, 09 Jan 2025NT$204.7bNT$63.5bNT$7.3b25.7x28.2x3.2x
Sat, 07 Dec 2024NT$214.8bNT$63.5bNT$7.3b26.6x29.6x3.4x
Mon, 04 Nov 2024NT$241.4bNT$60.6bNT$7.2b29.3x33.6x4x
Wed, 02 Oct 2024NT$215.9bNT$58.3bNT$7.0b25.6x30.8x3.7x
Fri, 30 Aug 2024NT$215.0bNT$57.4bNT$6.9b24.1x31.4x3.7x
Sun, 28 Jul 2024NT$216.2bNT$55.2bNT$6.9b26.3x31.5x3.9x
Tue, 25 Jun 2024NT$191.3bNT$55.2bNT$6.9b24.1x27.9x3.5x
Thu, 23 May 2024NT$180.9bNT$55.0bNT$6.9b22.2x26.4x3.3x
Sat, 20 Apr 2024NT$191.1bNT$52.7bNT$7.3b24.1x26.2x3.6x
Mon, 18 Mar 2024NT$178.9bNT$53.2bNT$7.2b22x24.8x3.4x
Wed, 14 Feb 2024NT$157.9bNT$51.4bNT$7.4b20.9x21.4x3.1x
Fri, 12 Jan 2024NT$153.5bNT$51.4bNT$7.4b19.3x20.8x3x
Sun, 10 Dec 2023NT$154.3bNT$51.4bNT$7.4b19.6x20.9x3x
Tue, 07 Nov 2023NT$152.8bNT$48.2bNT$7.2b18.3x21.2x3.2x
Thu, 05 Oct 2023NT$155.5bNT$49.2bNT$7.3b16.7x21.4x3.2x
Sat, 02 Sep 2023NT$152.4bNT$48.2bNT$7.2b19x21.1x3.2x
Mon, 31 Jul 2023NT$164.3bNT$45.3bNT$5.9b25.2x27.8x3.6x
Wed, 28 Jun 2023NT$161.6bNT$44.9bNT$5.9b22.8x27.4x3.6x
Fri, 26 May 2023NT$163.6bNT$44.3bNT$5.3b25.9x30.9x3.7x
Sun, 23 Apr 2023NT$157.2bNT$43.6bNT$5.3b25.2x29.7x3.6x
Price to Earnings Ratio

29.7x


Total Market Cap: NT$157.2bTotal 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 Market9.21%
Utilities0.12%
Water Utilities0.88%
Renewable Energy0.88%
Gas Utilities-1.02%
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
7897 WHOLE Sun Green PowerNT$39.5014.2%
+NT$654.7m		n/aPS24x
8926 Taiwan CogenerationNT$44.352.0%
+NT$620.7m		10.3%PE18.1x
6869 J&V Energy TechnologyNT$86.001.9%
+NT$213.5m		-39.2%PS1.5x
8908 ShinHsiung Natural GasNT$41.001.2%
+NT$157.2m		0.9%PE19x
8917 Hsin Tai GasNT$53.701.7%
+NT$146.4m		-13.5%PE24x

Latest News

9918
NT$43.30
Shin Shin Natural Gas
7D
0.7%
1Y
12.6%
6806
NT$20.45
Shinfox Energy
7D
-27.5%
1Y
-75.9%
6869
NT$86.00
J&V Energy Technology
7D
1.9%
1Y
-39.2%
7590
NT$16.95
YIHO International
7D
-5.8%
1Y
-19.5%
6639
NT$7.46
Grand Green Energy
7D
-6.8%
1Y
-19.2%
6994
NT$68.50
Foxwell Power
7D
0.4%
1Y
-32.5%
6873
NT$87.50
HD Renewable Energy
7D
-1.1%
1Y
-48.1%
8908
NT$41.00
ShinHsiung Natural Gas
7D
1.2%
1Y
0.9%
8926
NT$44.35
Taiwan Cogeneration
7D
2.0%
1Y
10.3%
9908
NT$29.95
Great Taipei Gas
7D
0.7%
1Y
-1.2%
8917
NT$53.70
Hsin Tai Gas
7D
1.7%
1Y
-13.5%
7897
NT$39.50
WHOLE Sun Green Power
7D
14.2%
1Y
n/a
6946
NT$12.85
Santi Renewable Energy
7D
-10.5%
1Y
-50.5%
7877
NT$41.00
TEINCO TechnologyLtd
7D
-8.7%
1Y
n/a
6987
NT$19.30
Ina Energy
7D
-4.0%
1Y
-45.2%