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Taiwanese (TAIEX) Renewable Energy Industry Analysis

UpdatedJan 24, 2025
DataAggregated Company Financials
Companies10
  • 7D2.6%
  • 3M-13.5%
  • 1Y14.6%
  • YTD-2.9%

The Renewable Energy is pretty flat in the last 7 days, but J&V Energy Technology has stood out, gaining 10%. The past year has been better, since the industry has gained 13% 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
Fri, 24 Jan 2025NT$137.6bNT$42.6bNT$3.9b63.8x35.2x3.2x
Sun, 22 Dec 2024NT$141.8bNT$42.6bNT$3.9b67.9x36.3x3.3x
Tue, 19 Nov 2024NT$169.5bNT$42.6bNT$3.9b64.2x43.4x4x
Thu, 17 Oct 2024NT$158.5bNT$38.7bNT$3.8b38.6x42.1x4.1x
Sat, 14 Sep 2024NT$143.3bNT$37.8bNT$3.7b37.5x39.1x3.8x
Mon, 12 Aug 2024NT$128.6bNT$35.0bNT$3.5b33.4x36.8x3.7x
Wed, 10 Jul 2024NT$142.4bNT$35.0bNT$3.5b35x40.7x4.1x
Fri, 07 Jun 2024NT$108.3bNT$35.0bNT$3.5b31.8x31x3.1x
Sun, 05 May 2024NT$115.5bNT$32.9bNT$4.0b25.1x29.1x3.5x
Tue, 02 Apr 2024NT$116.3bNT$32.9bNT$3.9b25.8x29.5x3.5x
Thu, 29 Feb 2024NT$103.1bNT$31.6bNT$4.2b20.4x24.8x3.3x
Sat, 27 Jan 2024NT$91.9bNT$31.6bNT$4.2b19.2x22.1x2.9x
Mon, 25 Dec 2023NT$85.1bNT$31.6bNT$4.2b17.4x20.4x2.7x
Wed, 22 Nov 2023NT$84.4bNT$31.4bNT$4.1b16.8x20.4x2.7x
Fri, 20 Oct 2023NT$78.2bNT$28.4bNT$4.0b15.7x19.6x2.8x
Sun, 17 Sep 2023NT$82.7bNT$28.4bNT$4.0b16.9x20.7x2.9x
Tue, 15 Aug 2023NT$82.1bNT$26.2bNT$3.1b23x26.3x3.1x
Thu, 13 Jul 2023NT$93.6bNT$24.9bNT$3.1b23.1x30.7x3.8x
Sat, 10 Jun 2023NT$94.7bNT$24.9bNT$3.1b22.9x31x3.8x
Mon, 08 May 2023NT$90.2bNT$23.6bNT$2.5b24.8x35.7x3.8x
Wed, 05 Apr 2023NT$78.9bNT$23.2bNT$2.6b25.9x30x3.4x
Fri, 03 Mar 2023NT$74.9bNT$20.4bNT$1.8b32.1x41.2x3.7x
Sun, 29 Jan 2023NT$63.0bNT$21.4bNT$1.9b23.5x33.9x2.9x
Tue, 27 Dec 2022NT$61.0bNT$21.4bNT$1.9b21.5x32.8x2.9x
Thu, 24 Nov 2022NT$56.3bNT$19.4bNT$1.5b40.2x38x2.9x
Sat, 22 Oct 2022NT$50.7bNT$20.0bNT$1.3b36.3x40.4x2.5x
Mon, 19 Sep 2022NT$59.9bNT$20.0bNT$1.3b46.6x47.8x3x
Wed, 17 Aug 2022NT$60.7bNT$18.9bNT$1.5b41.3x40.4x3.2x
Fri, 15 Jul 2022NT$58.7bNT$17.1bNT$1.6b35.7x36.4x3.4x
Sun, 12 Jun 2022NT$64.4bNT$17.1bNT$1.6b41.2x39.9x3.8x
Tue, 10 May 2022NT$57.8bNT$16.1bNT$1.9b30.8x30.8x3.6x
Thu, 07 Apr 2022NT$60.7bNT$16.0bNT$2.0b25x29.9x3.8x
Sat, 05 Mar 2022NT$58.9bNT$14.4bNT$2.1b25.9x27.9x4.1x
Mon, 31 Jan 2022NT$51.4bNT$11.4bNT$1.6b25.6x32.7x4.5x
Price to Earnings Ratio

32.7x


Total Market Cap: NT$51.4bTotal Earnings: NT$1.6bTotal Revenue: NT$11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Renewable Energy Industry Price to Earnings3Y Average 33x202320242025
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Renewable Energy 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 33.0x.
  • 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 Market2.11%
Utilities1.91%
Renewable Energy2.59%
Renewable Energy3.10%
Independent Power Producers and Energy Traders1.20%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 38.9x.
    • Analysts expect its future annual earnings growth (53.8%) 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 27.4x.
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
6869 J&V Energy TechnologyNT$170.007.6%
+NT$1.7b		40.5%PE87.1x
6987 Ina EnergyNT$48.856.4%
+NT$654.7m		n/aPE67.9x
6806 Shinfox EnergyNT$114.002.2%
+NT$561.6m		2.2%PE32.1x
8926 Taiwan CogenerationNT$41.201.0%
+NT$292.1m		4.0%PE25.8x
6994 Foxwell PowerNT$97.704.9%
+NT$276.0m		36.8%PE77.9x
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6994

NT$97.70

Foxwell Power

7D

4.9%

1Y

36.8%

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Jan 16
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6873

NT$192.00

HD Renewable Energy

7D

-0.5%

1Y

27.8%

Some Investors May Be Worried About HD Renewable Energy's (TWSE:6873) Returns On Capital

Jan 13
Some Investors May Be Worried About HD Renewable Energy's (TWSE:6873) Returns On Capital

6869

NT$170.00

J&V Energy Technology

7D

7.6%

1Y

40.5%

6639

NT$10.40

Grand Green Energy

7D

-3.7%

1Y

-36.6%

8931

NT$49.00

Ta-Yuan Cogeneration

7D

2.3%

1Y

0.5%

8926

NT$41.20

Taiwan Cogeneration

7D

1.0%

1Y

4.0%

Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 21
Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

6806

NT$114.00

Shinfox Energy

7D

2.2%

1Y

2.2%

6987

NT$48.85

Ina Energy

7D

6.4%

1Y

n/a

7590

NT$26.10

YIHO International

7D

0.4%

1Y

11.2%