Taiwanese (TAIEX) Utilities Sector Analysis
- 7D-0.3%
- 3M-4.4%
- 1Y6.6%
- YTD8.7%
Over the last 7 days, the Utilities industry has dropped 1.1%, driven by a pullback from Shin Shin Natural Gas of 0.8%. This takes the industry's 12 month performance to a gain of 6.9%.
Sector Valuation and Performance
Has the Taiwanese Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | NT$105.8b | NT$29.5b | NT$4.4b | 21.8x |
| Mon, 01 Nov 2021 | NT$110.2b | NT$29.2b | NT$4.5b | 20.9x |
| Wed, 29 Sep 2021 | NT$114.7b | NT$29.2b | NT$4.5b | 22.6x |
| Fri, 27 Aug 2021 | NT$108.1b | NT$29.2b | NT$4.5b | 20.1x |
| Sat, 03 Jul 2021 | NT$105.2b | NT$29.2b | NT$4.5b | 19.3x |
| Tue, 06 Apr 2021 | NT$100.5b | NT$29.8b | NT$4.6b | 20.9x |
| Fri, 08 Jan 2021 | NT$94.9b | NT$30.7b | NT$4.2b | 21x |
| Thu, 01 Oct 2020 | NT$83.2b | NT$32.3b | NT$4.0b | 20.1x |
| Sun, 05 Jul 2020 | NT$81.4b | NT$33.2b | NT$3.9b | 21x |
| Wed, 08 Apr 2020 | NT$69.4b | NT$33.3b | NT$4.0b | 17.8x |
| Tue, 31 Dec 2019 | NT$70.6b | NT$30.8b | NT$3.8b | 19.7x |
| Fri, 04 Oct 2019 | NT$69.2b | NT$27.7b | NT$3.3b | 21.8x |
| Mon, 08 Jul 2019 | NT$66.7b | NT$27.3b | NT$3.3b | 20.3x |
| Sun, 31 Mar 2019 | NT$65.0b | NT$26.0b | NT$3.2b | 20x |
| Wed, 02 Jan 2019 | NT$62.7b | NT$25.7b | NT$2.9b | 21.9x |
21.9x
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 20.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Utilities industry have grown 11% per year over the last three years, and revenues for these companies have grown 5.7% 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 Utilities sector?
| Gas Utilities | -0.03% | |
| Water Utilities | -0.37% | |
| Renewable Energy | -0.66% | |
Industry PE: Investors are most optimistic about the Gas Utilities industry, which is trading close to its 3-year average PE ratio of 21.2x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 15.6x.
Forecasted Growth: There is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 6806 Shinfox Energy | 0.9%+NT$1.6b | n/a | PE25.1x | |
| 8917 Hsin Tai Gas | 2.3%+NT$295.7m | 43.5% | PE40.5x | |
| 8926 Taiwan Cogeneration | 0.4%+NT$88.4m | -2.3% | PE26x | |
| 6639 Grand Green Energy | 3.4%+NT$23.8m | 0% | PS3.4x | |
| 8908 ShinHsiung Natural Gas | 0.2%+NT$22.4m | 20.7% | PE27.5x |