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Taiwanese (TAIEX) Renewable Energy Industry Analysis

UpdatedMar 20, 2023
DataAggregated Company Financials
Companies7
  • 7D0.3%
  • 3M27.6%
  • 1Y14.5%
  • YTD19.1%

Over the last 7 days, the Renewable Energy industry has dropped 3.6%, driven by J&V Energy Technology declining 19%. On the other hand Taiwan Cogeneration is actually up 7.7%. Over the past 12 months, the industry was up 15%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Mar 2023NT$76.2bNT$22.8bNT$2.5b25.8x30.6x3.3x
Thu, 16 Feb 2023NT$72.1bNT$21.4bNT$1.9b29.9x38.8x3.4x
Sat, 14 Jan 2023NT$62.3bNT$21.4bNT$1.9b22.9x33.6x2.9x
Mon, 12 Dec 2022NT$57.8bNT$21.4bNT$1.9b22.6x31.1x2.7x
Wed, 09 Nov 2022NT$51.1bNT$20.0bNT$1.3b36.7x40.8x2.6x
Fri, 07 Oct 2022NT$55.7bNT$20.0bNT$1.3b42.2x44.4x2.8x
Sun, 04 Sep 2022NT$61.0bNT$20.0bNT$1.3b46.4x48.6x3x
Tue, 02 Aug 2022NT$60.3bNT$17.1bNT$1.6b39.5x37.4x3.5x
Thu, 30 Jun 2022NT$63.3bNT$17.1bNT$1.6b39.2x39.2x3.7x
Sat, 28 May 2022NT$57.9bNT$17.1bNT$1.6b35.3x35.9x3.4x
Mon, 25 Apr 2022NT$63.0bNT$15.9bNT$1.9b36.2x33.1x4x
Wed, 23 Mar 2022NT$59.8bNT$16.0bNT$2.0b25.7x29.5x3.7x
Fri, 18 Feb 2022NT$57.8bNT$14.4bNT$2.1b25.9x27.4x4x
Sun, 16 Jan 2022NT$41.8bNT$11.4bNT$1.6b26x26.6x3.7x
Tue, 14 Dec 2021NT$43.3bNT$11.4bNT$1.6b26x27.5x3.8x
Thu, 11 Nov 2021NT$43.9bNT$10.8bNT$1.6b26.2x28.2x4.1x
Sat, 09 Oct 2021NT$45.9bNT$11.2bNT$1.7b24.2x27.8x4.1x
Mon, 06 Sep 2021NT$43.8bNT$11.2bNT$1.7b23.5x26.6x3.9x
Wed, 04 Aug 2021NT$45.7bNT$11.2bNT$1.7b24.1x27.7x4.1x
Sat, 08 May 2021NT$39.4bNT$11.8bNT$1.6b22.6x24.4x3.3x
Tue, 09 Feb 2021NT$32.1bNT$11.9bNT$1.5b20x22x2.7x
Mon, 02 Nov 2020NT$26.5bNT$12.5bNT$1.3b20.3x21.2x2.1x
Thu, 06 Aug 2020NT$27.1bNT$12.3bNT$1.2b21.5x21.7x2.2x
Sun, 10 May 2020NT$23.5bNT$11.1bNT$1.4b20.3x16.7x2.1x
Price to Earnings Ratio

14.9x


Total Market Cap: NT$20.9bTotal Earnings: NT$1.4bTotal Revenue: NT$11.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Renewable Energy Industry Price to Earnings3Y Average 28.3x202120222023
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 33.9x which is higher than its 3-year average PE of 28.3x.
  • The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 23% 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 Market-0.51%
Utilities-0.065%
Renewable Energy0.27%
Independent Power Producers and Energy Traders5.39%
Renewable Energy-2.94%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 130x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 25.0x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8926 Taiwan CogenerationNT$40.658.0%
+NT$1.8b		4.6%PE26.4x
6873 HD Renewable EnergyNT$152.505.2%
+NT$637.5m		63.3%PE19.9x
6806 Shinfox EnergyNT$85.800.8%
+NT$151.3m		-5.1%PE82.3x
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6873

NT$152.50

HD Renewable Energy

7D

5.2%

1Y

63.3%

6869

NT$91.00

J&V Energy Technology

7D

-19.5%

1Y

12.8%

8926

NT$40.65

Taiwan Cogeneration

7D

8.0%

1Y

4.6%

6806

NT$85.80

Shinfox Energy

7D

0.8%

1Y

-5.1%

6639

NT$18.20

Grand Green Energy

7D

-4.2%

1Y

30.0%