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Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies18
  • 7D-0.3%
  • 3M-12.1%
  • 1Y13.0%
  • YTD8.4%

Over the last 7 days, the Utilities industry has dropped 1.2%, driven by a pullback from ShinHsiung Natural Gas of 9.0%. Over the past 12 months, the industry was up 13%. Earnings are forecast to grow by 54% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024NT$206.4bNT$63.5bNT$7.3b25.6x28.4x3.3x
Fri, 22 Nov 2024NT$205.2bNT$63.5bNT$7.3b26.3x28.2x3.2x
Sun, 20 Oct 2024NT$221.4bNT$59.2bNT$7.1b27.5x31.1x3.7x
Tue, 17 Sep 2024NT$207.7bNT$58.3bNT$7.0b25.8x29.6x3.6x
Thu, 15 Aug 2024NT$194.8bNT$57.6bNT$6.8b26x28.4x3.4x
Sat, 13 Jul 2024NT$215.3bNT$55.2bNT$6.9b26.7x31.4x3.9x
Mon, 10 Jun 2024NT$180.3bNT$55.2bNT$6.9b22.3x26.3x3.3x
Wed, 08 May 2024NT$183.8bNT$52.6bNT$7.3b22.8x25.2x3.5x
Fri, 05 Apr 2024NT$184.7bNT$52.7bNT$7.3b22.2x25.4x3.5x
Sun, 03 Mar 2024NT$184.0bNT$51.4bNT$7.4b21.1x24.9x3.6x
Tue, 30 Jan 2024NT$159.3bNT$51.4bNT$7.4b20.8x21.6x3.1x
Thu, 28 Dec 2023NT$154.3bNT$51.4bNT$7.4b19.5x20.9x3x
Sat, 25 Nov 2023NT$154.8bNT$51.4bNT$7.4b19.5x21x3x
Mon, 23 Oct 2023NT$148.0bNT$48.2bNT$7.2b18.1x20.5x3.1x
Wed, 20 Sep 2023NT$154.0bNT$48.2bNT$7.2b18.8x21.4x3.2x
Fri, 18 Aug 2023NT$153.2bNT$48.4bNT$7.2b18.9x21.2x3.2x
Sun, 16 Jul 2023NT$164.8bNT$45.3bNT$5.9b25.2x27.8x3.6x
Tue, 13 Jun 2023NT$167.9bNT$44.9bNT$5.9b22.7x28.4x3.7x
Thu, 11 May 2023NT$160.2bNT$43.5bNT$5.2b24.4x30.5x3.7x
Sat, 08 Apr 2023NT$151.8bNT$43.1bNT$5.4b25.1x28.3x3.5x
Mon, 06 Mar 2023NT$150.9bNT$40.1bNT$4.7b29.1x32.1x3.8x
Wed, 01 Feb 2023NT$138.2bNT$41.0bNT$4.7b23.2x29.2x3.4x
Fri, 30 Dec 2022NT$133.6bNT$41.0bNT$4.7b21.4x28.2x3.3x
Sun, 27 Nov 2022NT$128.0bNT$39.0bNT$4.4b20.5x29.3x3.3x
Tue, 25 Oct 2022NT$120.2bNT$39.4bNT$4.1b30.9x29.6x3.1x
Thu, 22 Sep 2022NT$134.3bNT$39.4bNT$4.1b32x33.1x3.4x
Sat, 20 Aug 2022NT$136.0bNT$39.4bNT$4.1b30.8x33.5x3.5x
Mon, 18 Jul 2022NT$131.4bNT$35.9bNT$4.5b25.7x29x3.7x
Wed, 15 Jun 2022NT$136.7bNT$35.9bNT$4.5b25.7x30.2x3.8x
Fri, 13 May 2022NT$131.9bNT$36.4bNT$4.9b24.4x27.2x3.6x
Sun, 10 Apr 2022NT$139.0bNT$34.4bNT$5.0b23.9x27.8x4x
Tue, 08 Mar 2022NT$127.8bNT$32.6bNT$4.9b21.9x26x3.9x
Thu, 03 Feb 2022NT$124.7bNT$32.6bNT$4.9b21.7x25.3x3.8x
Sat, 01 Jan 2022NT$110.2bNT$29.5bNT$4.4b21.9x25.2x3.7x
Price to Earnings Ratio

25.2x


Total Market Cap: NT$110.2bTotal Earnings: NT$4.4bTotal Revenue: NT$29.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Utilities Sector Price to Earnings3Y Average 27.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Utilities 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 27.4x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 29% 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?

TW Market0.46%
Utilities-0.31%
Water Utilities0.54%
Renewable Energy0.026%
Electric Utilities0%
Other Utilities0%
Gas Utilities-1.16%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 32.8x.
    • Analysts are expecting annual earnings growth of 53.7%, which is higher than its past year's earnings growth of 8.3% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading close to its 3-year average of 14.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 54% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 54% 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
6946 Santi Renewable EnergyNT$33.604.3%
+NT$453.3m		n/aPE107.3x
8917 Hsin Tai GasNT$64.901.4%
+NT$146.4m		-0.8%PE27.5x
9908 Great Taipei GasNT$30.300.5%
+NT$75.1m		-7.5%PE15.4x
8926 Taiwan CogenerationNT$41.550.2%
+NT$73.0m		3.5%PE26x
6639 Grand Green EnergyNT$12.509.2%
+NT$60.5m		-28.6%PS3.5x
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6994

NT$120.50

Foxwell Power

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-4.7%

1Y

71.9%

6639

NT$12.50

Grand Green Energy

7D

9.2%

1Y

-28.6%

9926

NT$51.00

Shin Hai Gas

7D

-2.1%

1Y

-6.9%

9918

NT$39.65

Shin Shin Natural Gas

7D

-1.4%

1Y

-2.3%

8926

NT$41.55

Taiwan Cogeneration

7D

0.2%

1Y

3.5%

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Nov 21
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9908

NT$30.30

Great Taipei Gas

7D

0.5%

1Y

-7.5%

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Nov 19
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6873

NT$206.50

HD Renewable Energy

7D

-5.1%

1Y

62.2%

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Nov 19
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6869

NT$177.50

J&V Energy Technology

7D

-7.6%

1Y

96.6%

Shaky Earnings May Not Tell The Whole Story For J&V Energy Technology (TWSE:6869)

Nov 19
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8917

NT$64.90

Hsin Tai Gas

7D

1.4%

1Y

-0.8%

8435

NT$72.50

Zimmite Taiwan

7D

0.4%

1Y

16.4%

6771

NT$57.60

Ping Ho Environmental Technology

7D

0.7%

1Y

-11.1%

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8908

NT$44.90

ShinHsiung Natural Gas

7D

-3.8%

1Y

-17.7%

6806

NT$116.00

Shinfox Energy

7D

-1.7%

1Y

8.4%

6987

NT$48.70

Ina Energy

7D

-1.6%

1Y

n/a