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Taiwanese (TAIEX) Renewable Energy Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies10
  • 7D-1.9%
  • 3M-16.9%
  • 1Y29.0%
  • YTD19.0%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Foxwell Power gained 6.2%. The past year has been better, since the industry has gained 28% in that time. Earnings are forecast to grow by 56% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024NT$143.9bNT$42.6bNT$3.9b65.3x36.8x3.4x
Tue, 22 Oct 2024NT$156.1bNT$38.7bNT$3.8b38.4x41.5x4x
Thu, 19 Sep 2024NT$146.4bNT$37.8bNT$3.7b38.5x40x3.9x
Sat, 17 Aug 2024NT$131.0bNT$37.1bNT$3.5b34.3x37.9x3.5x
Mon, 15 Jul 2024NT$147.9bNT$35.0bNT$3.5b35.5x42.3x4.2x
Wed, 12 Jun 2024NT$110.8bNT$35.0bNT$3.5b31.7x31.7x3.2x
Fri, 10 May 2024NT$113.4bNT$32.9bNT$4.0b24.8x28.6x3.4x
Sun, 07 Apr 2024NT$116.4bNT$32.9bNT$3.9b25.5x29.5x3.5x
Tue, 05 Mar 2024NT$116.4bNT$31.6bNT$4.2b20.8x28x3.7x
Thu, 01 Feb 2024NT$90.1bNT$31.6bNT$4.2b18.7x21.6x2.9x
Sat, 30 Dec 2023NT$85.5bNT$31.6bNT$4.2b17.5x20.5x2.7x
Mon, 27 Nov 2023NT$84.6bNT$31.6bNT$4.2b17.3x20.3x2.7x
Wed, 25 Oct 2023NT$78.7bNT$28.4bNT$4.0b15.6x19.7x2.8x
Fri, 22 Sep 2023NT$79.6bNT$28.4bNT$4.0b16.3x19.9x2.8x
Sun, 20 Aug 2023NT$81.6bNT$28.4bNT$4.0b16.3x20.4x2.9x
Tue, 18 Jul 2023NT$94.9bNT$25.3bNT$3.1b25.4x31x3.8x
Thu, 15 Jun 2023NT$96.1bNT$24.9bNT$3.1b21.5x31.5x3.9x
Sat, 13 May 2023NT$88.0bNT$23.6bNT$2.5b24.6x34.8x3.7x
Mon, 10 Apr 2023NT$80.3bNT$23.2bNT$2.6b25.1x30.5x3.5x
Wed, 08 Mar 2023NT$74.8bNT$20.4bNT$1.8b32.1x41.1x3.7x
Fri, 03 Feb 2023NT$67.5bNT$21.4bNT$1.9b26.5x36.3x3.2x
Sun, 01 Jan 2023NT$61.7bNT$21.4bNT$1.9b22.2x33.2x2.9x
Tue, 29 Nov 2022NT$56.3bNT$19.4bNT$1.5b37.8x37.9x2.9x
Thu, 27 Oct 2022NT$51.3bNT$20.0bNT$1.3b36.3x40.9x2.6x
Sat, 24 Sep 2022NT$59.2bNT$20.0bNT$1.3b46.1x47.3x3x
Mon, 22 Aug 2022NT$61.2bNT$20.0bNT$1.3b47.6x48.8x3.1x
Wed, 20 Jul 2022NT$58.2bNT$17.1bNT$1.6b35.9x36.1x3.4x
Fri, 17 Jun 2022NT$63.2bNT$17.1bNT$1.6b40.8x39.2x3.7x
Sun, 15 May 2022NT$56.3bNT$18.0bNT$1.9b29.3x30.4x3.1x
Tue, 12 Apr 2022NT$60.1bNT$15.9bNT$1.9b31.9x31.6x3.8x
Thu, 10 Mar 2022NT$57.3bNT$14.4bNT$2.1b25.7x27.1x4x
Sat, 05 Feb 2022NT$57.5bNT$14.4bNT$2.1b25.6x27.2x4x
Mon, 03 Jan 2022NT$42.7bNT$11.4bNT$1.6b26.2x27.1x3.7x
Wed, 01 Dec 2021NT$38.8bNT$11.4bNT$1.6b18x24.6x3.4x
Price to Earnings Ratio

24.6x


Total Market Cap: NT$38.8bTotal Earnings: NT$1.6bTotal Revenue: NT$11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Renewable Energy Industry Price to Earnings3Y Average 32.4x202220232024
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 35.9x which is higher than its 3-year average PE of 32.4x.
  • 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 Market0.76%
Utilities-1.11%
Renewable Energy-1.88%
Independent Power Producers and Energy Traders1.09%
Renewable Energy-2.87%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 38.2x.
    • Analysts are expecting annual earnings growth of 56.4%, which is higher than its past year's earnings growth of 45.7% per year.
  • 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 56% over the next 5 years.
  • This is better than its past earnings growth rate of 46% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 56% 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
6994 Foxwell PowerNT$111.506.2%
+NT$390.0m		n/aPE88.9x
6806 Shinfox EnergyNT$127.001.2%
+NT$331.4m		14.4%PE35.2x
8926 Taiwan CogenerationNT$42.851.1%
+NT$328.6m		5.7%PE26.7x
8931 Ta-Yuan CogenerationNT$49.301.2%
+NT$73.4m		-2.4%PE23.1x
7590 YIHO InternationalNT$26.702.3%
+NT$61.4m		19.2%PE65.3x
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