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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies2283
  • 7D0.9%
  • 3M10.0%
  • 1Y21.3%
  • YTD22.1%

The market has been flat in the last week, however the Energy sector is down 5.2%. Meanwhile, the market is actually up 21% over the past year. Looking forward, earnings are forecast to grow by 20% annually.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Taiwanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025NT$99.4tNT$50.8tNT$4.2t20.4x23.5x2x
Tue, 11 Nov 2025NT$97.8tNT$50.7tNT$4.2t20.4x23x1.9x
Thu, 09 Oct 2025NT$95.3tNT$50.1tNT$4.0t21.1x23.5x1.9x
Sat, 06 Sep 2025NT$87.0tNT$49.7tNT$4.1t21.4x21.5x1.7x
Mon, 04 Aug 2025NT$82.6tNT$48.3tNT$4.4t18.9x18.9x1.7x
Wed, 02 Jul 2025NT$78.9tNT$48.2tNT$4.2t18.5x18.6x1.6x
Fri, 30 May 2025NT$75.6tNT$48.1tNT$4.2t18.4x17.9x1.6x
Sun, 27 Apr 2025NT$70.4tNT$46.5tNT$4.2t17.6x16.8x1.5x
Tue, 25 Mar 2025NT$78.6tNT$46.2tNT$4.0t20.2x19.4x1.7x
Thu, 20 Feb 2025NT$83.3tNT$45.6tNT$3.8t21.6x21.8x1.8x
Sat, 18 Jan 2025NT$81.7tNT$45.4tNT$3.8t20.3x21.4x1.8x
Mon, 16 Dec 2024NT$81.4tNT$45.1tNT$3.7t20.9x22.1x1.8x
Wed, 13 Nov 2024NT$81.2tNT$43.5tNT$3.6t21.1x22.8x1.9x
Fri, 11 Oct 2024NT$80.1tNT$42.9tNT$3.5t21.3x23x1.9x
Sun, 08 Sep 2024NT$75.8tNT$42.9tNT$3.5t20.8x21.8x1.8x
Tue, 06 Aug 2024NT$70.0tNT$41.7tNT$3.3t20.8x21.3x1.7x
Thu, 04 Jul 2024NT$81.7tNT$41.4tNT$3.2t23.4x25.6x2x
Sat, 01 Jun 2024NT$74.6tNT$41.5tNT$3.2t22.7x23.6x1.8x
Mon, 29 Apr 2024NT$70.9tNT$41.2tNT$2.9t23.2x24.2x1.7x
Wed, 27 Mar 2024NT$70.9tNT$41.0tNT$2.9t22.6x24.4x1.7x
Fri, 23 Feb 2024NT$66.7tNT$41.2tNT$2.8t21.9x24.1x1.6x
Sun, 21 Jan 2024NT$62.3tNT$41.2tNT$2.8t20.7x22.1x1.5x
Tue, 19 Dec 2023NT$62.2tNT$41.2tNT$2.8t21.2x22.1x1.5x
Thu, 16 Nov 2023NT$60.4tNT$41.2tNT$2.9t19.8x21x1.5x
Sat, 14 Oct 2023NT$59.0tNT$42.0tNT$3.1t19.3x19.3x1.4x
Mon, 11 Sep 2023NT$58.3tNT$41.5tNT$3.1t19.5x19.1x1.4x
Wed, 09 Aug 2023NT$59.1tNT$42.6tNT$3.2t19.1x18.3x1.4x
Fri, 07 Jul 2023NT$59.0tNT$43.0tNT$3.4t18.8x17.3x1.4x
Sun, 04 Jun 2023NT$58.7tNT$42.9tNT$3.4t18.2x17x1.4x
Tue, 02 May 2023NT$54.9tNT$43.2tNT$3.9t16.7x14x1.3x
Thu, 30 Mar 2023NT$55.2tNT$43.1tNT$4.0t15.7x13.8x1.3x
Sat, 25 Feb 2023NT$54.4tNT$44.3tNT$4.5t14.9x12x1.2x
Mon, 23 Jan 2023NT$52.0tNT$44.4tNT$4.6t13.4x11.3x1.2x
Wed, 21 Dec 2022NT$49.4tNT$44.2tNT$4.5t13.1x11x1.1x
Price to Earnings Ratio

11x


Total Market Cap: NT$49.4tTotal Earnings: NT$4.5tTotal Revenue: NT$44.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 20.2x202320242025
Current Market PE
  • Investors are optimistic on the Taiwanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 23.5x which is higher than its 3-year average PE of 20.2x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 2.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.8% 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, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market0.86%
Industrials1.95%
Financials1.94%
Tech1.03%
Telecom0.24%
Real Estate-0.19%
Consumer Discretionary-1.21%
Utilities-1.37%
Materials-1.58%
Healthcare-1.75%
Consumer Staples-1.99%
Energy-5.23%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 188x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 67.0%, which is higher than its past year's earnings growth of 5.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 107% over the next 5 years.
  • This is better than its past earnings decline of 4.1% per year.
  • In contrast, the Telecom sector is expected to see its earnings grow by 7.3% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
2330 Taiwan Semiconductor ManufacturingNT$1.48k1.4%
+NT$518.7b		39.0%PE24.4xTech
2345 Accton TechnologyNT$1.16k16.7%
+NT$92.2b		54.8%PE28.7xTech
2344 Winbond ElectronicsNT$74.6020.7%
+NT$57.6b		397.3%PS4.1xTech
3711 ASE Technology HoldingNT$243.505.4%
+NT$54.5b		53.6%PE30.1xTech
7769 Hon. PrecisionNT$3.20k7.9%
+NT$42.3b		167.4%PE54.2xTech
See more

Market Insights

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2344
NT$74.60
Winbond Electronics
7D
20.7%
1Y
397.3%
2454
NT$1,405.00
MediaTek
7D
-1.4%
1Y
-0.4%

2454: AI Platform Partnerships Will Drive Long-Term Upside Potential

Analysts have nudged their price target for MediaTek higher, lifting fair value by roughly 1 percent to about $1,576, citing slightly stronger long term revenue growth expectations and modestly lower discount rates that together outweigh a small downward tweak to projected profit margins. What's in the News Kynetics formed a strategic partnership with MediaTek to deliver custom Android deployments for Genio platforms, promising faster development cycles, long term support, and enhanced security for industrial and consumer devices (client announcement).
2382
NT$286.50
Quanta Computer
7D
-3.7%
1Y
0.4%

2382: Stronger Revenue Outlook And Lower Discount Rate Support Bullish Outlook

Analysts have raised their price target for Quanta Computer from $420 to $425, citing slightly stronger projected revenue growth and a lower discount rate that more than offset modestly reduced profit margin and future P/E assumptions. Valuation Changes The fair value estimate has risen slightly from NT$420 to NT$425, reflecting a modestly higher intrinsic valuation.
2345
NT$1,155.00
Accton Technology
7D
16.7%
1Y
54.8%
2308
NT$938.00
Delta Electronics
7D
-4.2%
1Y
121.7%

2308: Prefabricated AI Data Center Power Solutions Will Drive Upside

Analysts have nudged their price target for Delta Electronics slightly higher to TWD 1,182 from TWD 1,181, reflecting marginally stronger revenue growth assumptions and a steady long term valuation multiple despite a largely unchanged profit outlook. What's in the News Delta and Siemens Smart Infrastructure entered a global partnership to provide prefabricated, modular power solutions aimed at speeding data center deployment and lowering CAPEX for AI and cloud operators (Strategic Alliances).
3711
NT$243.50
ASE Technology Holding
7D
5.4%
1Y
53.6%

3711: Penang Facility Acquisition Will Support Steady Operations With Balanced Outlook

Analysts have modestly raised their price target on ASE Technology Holding to about $249.69, up roughly $3.53. This change reflects slightly lower perceived risk, steady growth expectations, and a marginally higher assumed future earnings multiple.
2884
NT$32.80
E.SUN Financial Holding Company
7D
7.0%
1Y
21.1%

2884: Expanding Nature Based Finance And ESG Partnerships Will Drive Future Upside

Analysts have reaffirmed their price target for E.SUN Financial Holding Company at $34.25, citing largely unchanged assumptions for discount rate, revenue growth, profit margin, and future price to earnings multiple that together support a stable fair value outlook. What's in the News E.SUN signed a strategic partnership with the World Climate Foundation to promote nature based solutions and biodiversity focused investments across Asia, convening financial institutions, industry leaders, policymakers, and academia to scale capital into natural capital and biodiversity credit mechanisms (Key Developments) Chairman Huang highlighted COP30 as a turning point for climate action, with a shift from carbon metrics toward climate adaptation, resilience, and quality of life, calling for urgent and inclusive climate measures in light of Taiwan’s geography and recent extreme weather (Key Developments) E.SUN partnered with 18 major hospitals to sign Sustainable Healthcare MOUs, aiming to improve medical resilience and protect vulnerable communities as part of its broader climate and social risk strategy (Key Developments) The company continues to expand nature based financial products, including biodiversity linked and OECM linked loans, and leverages its annual ESG Initiative to drive cross sector collaboration on environmental and community stewardship (Key Developments) E.SUN has scheduled a Special or Extraordinary Shareholders Meeting for January 23, 2026, at its Neihu District, Taipei City location, providing a forum for key corporate resolutions and shareholder engagement (Key Developments) Valuation Changes Fair Value: Unchanged at NT$34.25 per share, indicating no revision to the base case valuation.
1303
NT$61.10
Nan Ya Plastics
7D
-3.6%
1Y
81.8%
2330
NT$1,480.00
Taiwan Semiconductor Manufacturing
7D
1.4%
1Y
39.0%

2330: Expanding Advanced Packaging Capacity Will Drive Strong Multi-Year AI Demand

Analysts have raised their price target for Taiwan Semiconductor Manufacturing by $10, citing stronger than expected artificial intelligence demand and positive forward-looking signals in recent results. Analyst Commentary Bullish Takeaways Bullish analysts have consistently raised their price targets on Taiwan Semiconductor Manufacturing, reflecting growing confidence in the company’s ability to capitalize on robust artificial intelligence demand and positive forward guidance.
2891
NT$46.50
CTBC Financial Holding
7D
4.4%
1Y
17.4%

2891: Improved Revenue Outlook Will Offset Margin Pressure In The Near Term

Analysts have raised their price target for CTBC Financial Holding slightly, increasing it from $46.86 to $47.34. This change is attributed to improving revenue growth expectations, even though there is a dip in the forecasted profit margin.
2383
NT$1,605.00
Elite Material
7D
7.4%
1Y
167.9%
7769
NT$3,195.00
Hon. Precision
7D
7.9%
1Y
167.4%
6505
NT$48.80
Formosa Petrochemical
7D
-5.2%
1Y
30.8%
6669
NT$4,405.00
Wiwynn
7D
-6.0%
1Y
75.1%
2317
NT$227.00
Hon Hai Precision Industry
7D
-1.7%
1Y
21.7%
3231
NT$143.50
Wistron
7D
-5.0%
1Y
28.7%