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

Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies19
  • 7D-0.7%
  • 3M-0.8%
  • 1Y-13.0%
  • YTD-4.9%

Over the last 7 days, the Utilities industry has remained flat, although notably Santi Renewable Energy gained 7.2%. Unfortunately though, the industry is down 13% 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, 07 Apr 2026NT$145.0bNT$61.0bNT$5.5b21x26.4x2.4x
Thu, 05 Mar 2026NT$172.3bNT$93.0b-NT$3,846,248,000.0018.7x-44.8x1.9x
Sat, 31 Jan 2026NT$167.7bNT$90.2b-NT$4,175,537,000.0018.5x-40.2x1.9x
Mon, 29 Dec 2025NT$156.0bNT$90.2b-NT$4,175,537,000.0018.7x-37.4x1.7x
Wed, 26 Nov 2025NT$152.6bNT$89.8b-NT$4,185,836,000.0018.7x-36.5x1.7x
Fri, 24 Oct 2025NT$175.9bNT$84.6bNT$4.1b19.5x42.7x2.1x
Sun, 21 Sep 2025NT$176.5bNT$84.6bNT$4.1b19.5x42.9x2.1x
Tue, 19 Aug 2025NT$189.5bNT$83.4bNT$4.1b19.5x46.3x2.3x
Thu, 17 Jul 2025NT$202.0bNT$77.8bNT$8.2b23x24.7x2.6x
Sat, 14 Jun 2025NT$208.5bNT$76.8bNT$8.2b23.5x25.6x2.7x
Mon, 12 May 2025NT$197.9bNT$75.3bNT$8.3b21.4x23.8x2.6x
Wed, 09 Apr 2025NT$171.7bNT$71.7bNT$8.3b18.9x20.6x2.4x
Fri, 07 Mar 2025NT$206.5bNT$63.5bNT$7.3b26.2x28.4x3.3x
Sun, 02 Feb 2025NT$201.6bNT$63.5bNT$7.3b25.8x27.8x3.2x
Tue, 31 Dec 2024NT$205.2bNT$63.5bNT$7.3b26.2x28.3x3.2x
Thu, 28 Nov 2024NT$209.5bNT$63.5bNT$7.3b26.7x28.8x3.3x
Sat, 26 Oct 2024NT$240.0bNT$60.6bNT$7.2b29.5x33.4x4x
Mon, 23 Sep 2024NT$212.7bNT$58.3bNT$7.0b25.7x30.3x3.7x
Wed, 21 Aug 2024NT$203.5bNT$57.4bNT$6.9b24.2x29.7x3.5x
Fri, 19 Jul 2024NT$218.0bNT$55.2bNT$6.9b26.9x31.7x4x
Sun, 16 Jun 2024NT$183.4bNT$55.2bNT$6.9b22.6x26.7x3.3x
Tue, 14 May 2024NT$178.7bNT$53.9bNT$7.0b21.8x25.7x3.3x
Thu, 11 Apr 2024NT$186.3bNT$52.7bNT$7.3b22.5x25.6x3.5x
Sat, 09 Mar 2024NT$178.3bNT$51.4bNT$7.4b20.8x24.2x3.5x
Mon, 05 Feb 2024NT$158.2bNT$51.4bNT$7.4b20.8x21.4x3.1x
Wed, 03 Jan 2024NT$155.2bNT$51.4bNT$7.4b19.5x21x3x
Fri, 01 Dec 2023NT$153.3bNT$51.4bNT$7.4b19.3x20.8x3x
Sun, 29 Oct 2023NT$148.4bNT$48.2bNT$7.2b18.1x20.6x3.1x
Tue, 26 Sep 2023NT$153.9bNT$49.2bNT$7.3b17.3x21.2x3.1x
Thu, 24 Aug 2023NT$150.9bNT$48.2bNT$7.2b18.8x20.9x3.1x
Sat, 22 Jul 2023NT$162.3bNT$45.3bNT$5.9b24.7x27.4x3.6x
Mon, 19 Jun 2023NT$169.1bNT$44.9bNT$5.9b22.8x28.6x3.8x
Wed, 17 May 2023NT$157.4bNT$43.7bNT$5.3b23.3x29.8x3.6x
Fri, 14 Apr 2023NT$155.6bNT$43.5bNT$5.3b25.5x29.3x3.6x
Price to Earnings Ratio

29.3x


Total Market Cap: NT$155.6bTotal Earnings: NT$5.3bTotal Revenue: NT$43.5bTotal 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 26.4x 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 Market2.13%
Utilities-0.68%
Water Utilities0.35%
Renewable Energy-0.62%
Gas Utilities-0.80%
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
6946 Santi Renewable EnergyNT$14.056.8%
+NT$291.4m		-31.6%PS4.3x
6873 HD Renewable EnergyNT$83.801.8%
+NT$212.8m		-46.8%PE23.6x
8908 ShinHsiung Natural GasNT$41.001.5%
+NT$188.7m		6.2%PE19x
9908 Great Taipei GasNT$29.900.5%
+NT$75.1m		-0.7%PE17.3x
6987 Ina EnergyNT$20.101.5%
+NT$66.6m		-44.9%PE27.4x

Latest News

6806
NT$31.30
Shinfox Energy
7D
-16.2%
1Y
-56.0%
6869
NT$82.30
J&V Energy Technology
7D
-5.9%
1Y
-34.7%
7590
NT$18.30
YIHO International
7D
1.7%
1Y
-7.1%
6994
NT$62.00
Foxwell Power
7D
-13.9%
1Y
-36.5%
6873
NT$83.80
HD Renewable Energy
7D
1.8%
1Y
-46.8%
8908
NT$41.00
ShinHsiung Natural Gas
7D
1.5%
1Y
6.2%
9918
NT$45.45
Shin Shin Natural Gas
7D
-5.1%
1Y
16.1%
8926
NT$43.05
Taiwan Cogeneration
7D
-0.3%
1Y
11.0%
9908
NT$29.90
Great Taipei Gas
7D
0.5%
1Y
-0.7%
9926
NT$49.65
Shin Hai Gas
7D
0.3%
1Y
-0.6%
8931
NT$41.30
Ta-Yuan Cogeneration
7D
-4.9%
1Y
1.0%
8917
NT$52.70
Hsin Tai Gas
7D
-4.0%
1Y
-12.6%
6946
NT$14.05
Santi Renewable Energy
7D
6.8%
1Y
-31.6%
7877
NT$45.00
TEINCO TechnologyLtd
7D
-4.3%
1Y
n/a
6987
NT$20.10
Ina Energy
7D
1.5%
1Y
-44.9%