Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedJul 03, 2026
DataAggregated Company Financials
Companies2328
  • 7D0.9%
  • 3M42.6%
  • 1Y104.1%
  • YTD58.5%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 7.8%. Meanwhile, the market is actually up 104% over the past year. Earnings are forecast to grow by 27% annually.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Jul 2026NT$165.5tNT$56.1tNT$5.1t23.2x32.3x3x
Sun, 31 May 2026NT$159.0tNT$55.7tNT$5.0t22.8x32x2.9x
Tue, 28 Apr 2026NT$140.3tNT$53.3tNT$4.7t21.9x29.7x2.6x
Thu, 26 Mar 2026NT$118.7tNT$53.0tNT$4.5t21.3x26.4x2.2x
Sat, 21 Feb 2026NT$118.1tNT$51.0tNT$4.4t21x26.9x2.3x
Mon, 19 Jan 2026NT$110.7tNT$51.0tNT$4.4t21.2x25.4x2.2x
Wed, 17 Dec 2025NT$97.1tNT$50.8tNT$4.2t20.2x23x1.9x
Fri, 14 Nov 2025NT$97.5tNT$51.0tNT$4.2t20.6x23.2x1.9x
Sun, 12 Oct 2025NT$96.1tNT$50.1tNT$4.0t21.1x23.7x1.9x
Tue, 09 Sep 2025NT$87.2tNT$49.7tNT$4.1t21.5x21.5x1.8x
Thu, 07 Aug 2025NT$82.7tNT$48.3tNT$4.4t19.1x18.9x1.7x
Sat, 05 Jul 2025NT$79.8tNT$48.2tNT$4.2t18.6x18.8x1.7x
Mon, 02 Jun 2025NT$75.6tNT$48.1tNT$4.2t18.4x17.8x1.6x
Wed, 30 Apr 2025NT$71.7tNT$46.5tNT$4.2t18x17.1x1.5x
Fri, 28 Mar 2025NT$79.1tNT$46.2tNT$4.0t20x19.5x1.7x
Sun, 23 Feb 2025NT$84.1tNT$45.6tNT$3.8t21.9x22x1.8x
Tue, 21 Jan 2025NT$82.2tNT$45.4tNT$3.8t20.5x21.5x1.8x
Thu, 19 Dec 2024NT$81.9tNT$17.8tNT$1.3t21.5x65.1x4.6x
Sat, 16 Nov 2024NT$80.4tNT$44.0tNT$3.7t20.9x22x1.8x
Mon, 14 Oct 2024NT$80.9tNT$42.9tNT$3.5t21.2x23.2x1.9x
Wed, 11 Sep 2024NT$74.5tNT$42.9tNT$3.5t20.4x21.4x1.7x
Fri, 09 Aug 2024NT$73.6tNT$41.9tNT$3.3t21.4x22.3x1.8x
Sun, 07 Jul 2024NT$83.0tNT$41.4tNT$3.2t23.5x26x2x
Tue, 04 Jun 2024NT$75.8tNT$41.5tNT$3.2t22.9x23.8x1.8x
Thu, 02 May 2024NT$71.9tNT$41.2tNT$2.9t23.3x24.5x1.7x
Sat, 30 Mar 2024NT$71.5tNT$41.0tNT$2.9t22.7x24.6x1.7x
Mon, 26 Feb 2024NT$66.8tNT$41.2tNT$2.8t21.8x24.1x1.6x
Wed, 24 Jan 2024NT$63.0tNT$41.2tNT$2.8t21x22.8x1.5x
Fri, 22 Dec 2023NT$61.9tNT$41.2tNT$2.8t21x22x1.5x
Sun, 19 Nov 2023NT$60.7tNT$41.0tNT$2.8t20.3x21.7x1.5x
Tue, 17 Oct 2023NT$59.0tNT$42.0tNT$3.1t19.3x19.3x1.4x
Thu, 14 Sep 2023NT$58.3tNT$41.8tNT$3.1t19.4x19.1x1.4x
Sat, 12 Aug 2023NT$58.1tNT$42.4tNT$3.2t19x18.2x1.4x
Mon, 10 Jul 2023NT$58.6tNT$43.0tNT$3.4t18.8x17.2x1.4x
Price to Earnings Ratio

17.2x


Total Market Cap: NT$58.6tTotal Earnings: NT$3.4tTotal Revenue: NT$43.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 22.8x202420252026
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 32.3x which is higher than its 3-year average PE of 22.8x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have grown 15% per year over the last three years.
  • Revenues for these companies have grown 9.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market0.94%
Materials7.80%
Healthcare4.61%
Energy3.04%
Tech1.32%
Industrials0.95%
Real Estate0.074%
Consumer Staples-0.39%
Consumer Discretionary-0.66%
Telecom-1.61%
Utilities-4.70%
Financials-5.22%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 63.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 61.4% which is higher than its past year's earnings decline of 7.3% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 127% over the next 5 years.
  • This is better than its past earnings growth rate of 4.8% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 3.5% 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$2.45k4.7%
+NT$2.9t		125.8%PE33.3xTech
2308 Delta ElectronicsNT$2.06k13.5%
+NT$636.4b		349.7%PE75.8xTech
2454 MediaTekNT$4.20k8.1%
+NT$502.8b		225.2%PE66.9xTech
1303 Nan Ya PlasticsNT$197.0033.1%
+NT$388.6b		579.3%PE85.3xMaterials
2383 Elite MaterialNT$6.04k14.9%
+NT$281.3b		554.4%PE131xTech
See more

Market Insights

Header cover image
Markets are supposed to reprice risk when it changes. This time they've repriced the promise, but left the threat largely untouched. Whether that's an oversight or a fair call is worth thinking through.
Continue reading
Finding dividends that actually last

Latest News

3017
NT$2,745.00
Asia Vital Components
7D
21.7%
1Y
253.3%
3008
NT$4,245.00
Largan Precision
7D
-10.1%
1Y
88.2%
2454
NT$4,195.00
MediaTek
7D
8.1%
1Y
225.2%
Narrative Update • Jul 02

2454: AI Partnerships Will Support Devices As Expectations Gradually Normalize

Analysts have increased their fair value estimate for MediaTek from about NT$4,130.70 to roughly NT$4,641.57, citing updated assumptions that include higher revenue growth, stronger profit margins and a slightly lower future P/E multiple. What's in the News MediaTek outlined earnings guidance for Q2 2026, projecting revenue between TWD 140.2b and TWD 149.2b, described as flat to a 6% sequential decline and down 1% to 7% year over year at a forecast exchange rate of TWD 31.5 to US$1.
2344
NT$184.00
Winbond Electronics
7D
-10.9%
1Y
860.8%
2881
NT$121.00
Fubon Financial Holding
7D
-9.7%
1Y
53.1%
2345
NT$2,715.00
Accton Technology
7D
14.1%
1Y
253.5%
2330
NT$2,450.00
Taiwan Semiconductor Manufacturing
7D
4.7%
1Y
125.8%
Narrative Update • Jul 01

2330: AI Capacity Constraints Will Drive Future Repricing Potential

Analysts have raised Taiwan Semiconductor Manufacturing’s fair value estimate from NT$2,770 to NT$3,500, citing recent research updates that point to higher projected revenue growth and profit margins driven by stronger AI-related demand and expanded capacity expectations. Analyst Commentary Recent Street research around Taiwan Semiconductor Manufacturing highlights that several bullish analysts are recalibrating their expectations to reflect stronger AI related demand, tighter capacity assumptions, and higher long term revenue potential.
2308
NT$2,055.00
Delta Electronics
7D
13.5%
1Y
349.7%
Narrative Update • Jul 01

2308: AI Data Center Hype Will Ultimately Disappoint Versus Current Expectations

Analysts have raised their price target for Delta Electronics from NT$872.86 to NT$1,454.29, citing updated assumptions that reflect revised views on revenue growth, profit margins, and future P/E levels. What’s in the News for Delta Electronics Delta Electronics showcased a prefabricated AI modular data center solution at COMPUTEX 2026, targeting high performance, MW scale data centers with a modular design that aims to simplify deployment and support high density AI racks.
2882
NT$93.30
Cathay Financial Holding
7D
-12.0%
1Y
51.7%
New Narrative • Jul 01

Equity Market Reliance And Overseas Hedging Will Erode Future Earnings Stability

Catalysts About Cathay Financial Holding Cathay Financial Holding is a Taiwan based financial group with major operations in banking, life insurance, general insurance, asset management and securities brokerage. What are the underlying business or industry changes driving this perspective?
1303
NT$197.00
Nan Ya Plastics
7D
33.1%
1Y
579.3%
2408
NT$410.50
Nanya Technology
7D
-8.6%
1Y
747.3%
2383
NT$6,040.00
Elite Material
7D
14.9%
1Y
554.4%
8299
NT$2,240.00
Phison Electronics
7D
-9.5%
1Y
353.4%
Narrative Update • Jun 29

8299: Intel AI PC Collaboration Will Shape A More Balanced Outlook

Analysts now cite a higher assumed profit margin and P/E multiple as key reasons for lifting Phison Electronics' fair value estimate from NT$1,800 to NT$2,240, even though projected revenue growth is set at a more moderate level. What’s in the News for Phison Electronics Phison Electronics entered a collaboration with Intel Corporation to help AI PCs run larger local AI applications by combining Intel Core Ultra Series 3 processors with Phison’s Pascari aiDAPTIV memory extension technology.
3711
NT$678.00
ASE Technology Holding
7D
7.3%
1Y
361.2%
2317
NT$240.50
Hon Hai Precision Industry
7D
-3.2%
1Y
49.4%
5347
NT$198.00
Vanguard International Semiconductor
7D
-10.0%
1Y
91.3%