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Taiwanese (TAIEX) Renewable Energy Industry Analysis

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies10
  • 7D0.03%
  • 3M-15.7%
  • 1Y28.6%
  • YTD17.8%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably J&V Energy Technology gained 3.2%. The past year has been better, since the industry has gained 29% in that time. Looking forward, earnings are forecast to grow by 54% annually.

Industry Valuation and Performance

Has the Taiwanese Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Dec 2024NT$142.5bNT$42.6bNT$3.9b67.7x36.5x3.3x
Fri, 22 Nov 2024NT$140.3bNT$42.6bNT$3.9b65.4x35.9x3.3x
Sun, 20 Oct 2024NT$155.8bNT$38.7bNT$3.8b37.9x41.4x4x
Tue, 17 Sep 2024NT$141.8bNT$37.8bNT$3.7b36.6x38.7x3.8x
Thu, 15 Aug 2024NT$128.8bNT$37.2bNT$3.5b34.6x36.7x3.5x
Sat, 13 Jul 2024NT$147.9bNT$35.0bNT$3.5b35.5x42.3x4.2x
Mon, 10 Jun 2024NT$112.8bNT$35.0bNT$3.5b32.1x32.3x3.2x
Wed, 08 May 2024NT$115.8bNT$32.9bNT$4.0b25.3x29.2x3.5x
Fri, 05 Apr 2024NT$116.4bNT$32.9bNT$3.9b25.5x29.5x3.5x
Sun, 03 Mar 2024NT$115.5bNT$31.6bNT$4.2b20.9x27.7x3.7x
Tue, 30 Jan 2024NT$91.6bNT$31.6bNT$4.2b19.1x22x2.9x
Thu, 28 Dec 2023NT$85.1bNT$31.6bNT$4.2b17.5x20.4x2.7x
Sat, 25 Nov 2023NT$84.6bNT$31.6bNT$4.2b17.3x20.3x2.7x
Mon, 23 Oct 2023NT$77.4bNT$28.4bNT$4.0b15.5x19.4x2.7x
Wed, 20 Sep 2023NT$81.8bNT$28.4bNT$4.0b16.7x20.5x2.9x
Fri, 18 Aug 2023NT$83.2bNT$28.4bNT$4.0b16.6x20.7x2.9x
Sun, 16 Jul 2023NT$93.1bNT$25.3bNT$3.1b25.2x30.4x3.7x
Tue, 13 Jun 2023NT$96.4bNT$24.9bNT$3.1b22.7x31.6x3.9x
Thu, 11 May 2023NT$89.6bNT$23.6bNT$2.5b24.4x35.5x3.8x
Sat, 08 Apr 2023NT$80.3bNT$23.2bNT$2.6b25.1x30.5x3.5x
Mon, 06 Mar 2023NT$77.1bNT$20.4bNT$1.8b35.7x42.4x3.8x
Wed, 01 Feb 2023NT$65.2bNT$21.4bNT$1.9b24.8x35.1x3x
Fri, 30 Dec 2022NT$61.6bNT$21.4bNT$1.9b22.1x33.2x2.9x
Sun, 27 Nov 2022NT$56.3bNT$19.4bNT$1.5b38.4x38x2.9x
Tue, 25 Oct 2022NT$50.7bNT$20.0bNT$1.3b36.3x40.4x2.5x
Thu, 22 Sep 2022NT$59.1bNT$20.0bNT$1.3b46.2x47.1x3x
Sat, 20 Aug 2022NT$61.3bNT$20.0bNT$1.3b47.6x48.9x3.1x
Mon, 18 Jul 2022NT$58.2bNT$17.1bNT$1.6b35.9x36.1x3.4x
Wed, 15 Jun 2022NT$63.0bNT$17.1bNT$1.6b40.6x39x3.7x
Fri, 13 May 2022NT$56.9bNT$18.0bNT$1.9b30.5x30.7x3.2x
Sun, 10 Apr 2022NT$60.3bNT$16.0bNT$2.0b24.9x29.7x3.8x
Tue, 08 Mar 2022NT$58.0bNT$14.4bNT$2.1b25.6x27.5x4x
Thu, 03 Feb 2022NT$57.5bNT$14.4bNT$2.1b25.6x27.2x4x
Sat, 01 Jan 2022NT$42.7bNT$11.4bNT$1.6b26.2x27.1x3.7x
Price to Earnings Ratio

27.1x


Total Market Cap: NT$42.7bTotal Earnings: NT$1.6bTotal Revenue: NT$11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Renewable Energy Industry Price to Earnings3Y Average 32.8x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.3x which is higher than its 3-year average PE of 32.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 55% 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 industry?

TW Market0.46%
Utilities-0.31%
Renewable Energy0.026%
Independent Power Producers and Energy Traders0.25%
Renewable Energy-0.051%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 38.7x.
    • Analysts expect its future annual earnings growth (53.7%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 27.3x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 54% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • 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
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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