Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedDec 25, 2024
DataAggregated Company Financials
Companies2216
  • 7D0.5%
  • 3M0.8%
  • 1Y27.8%
  • YTD26.8%

The market has stayed flat over the 7 days. More promisingly, the market is up 28% over the past year. Earnings are forecast to grow by 19% annually.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Dec 2024NT$81.7tNT$45.1tNT$3.7t20.8x22.2x1.8x
Sat, 23 Nov 2024NT$81.0tNT$44.5tNT$3.7t21.2x22.2x1.8x
Mon, 21 Oct 2024NT$82.9tNT$43.1tNT$3.6t21.4x23.1x1.9x
Wed, 18 Sep 2024NT$77.2tNT$42.9tNT$3.5t21.1x22.2x1.8x
Fri, 16 Aug 2024NT$77.2tNT$42.6tNT$3.4t21.8x22.7x1.8x
Sun, 14 Jul 2024NT$84.1tNT$41.4tNT$3.2t23.8x26.3x2x
Tue, 11 Jun 2024NT$76.9tNT$41.4tNT$3.2t23x24.1x1.9x
Thu, 09 May 2024NT$72.9tNT$41.2tNT$3.0t23.4x24.7x1.8x
Sat, 06 Apr 2024NT$71.9tNT$41.0tNT$2.9t23.2x24.6x1.8x
Mon, 04 Mar 2024NT$67.1tNT$41.2tNT$2.8t22.1x24.3x1.6x
Wed, 31 Jan 2024NT$63.6tNT$41.2tNT$2.8t21.1x23x1.5x
Fri, 29 Dec 2023NT$63.1tNT$41.2tNT$2.8t21.2x22.4x1.5x
Sun, 26 Nov 2023NT$60.8tNT$41.1tNT$2.8t20.9x21.9x1.5x
Tue, 24 Oct 2023NT$57.2tNT$42.0tNT$3.1t18.8x18.8x1.4x
Thu, 21 Sep 2023NT$58.2tNT$41.9tNT$3.1t19.6x19x1.4x
Sat, 19 Aug 2023NT$57.4tNT$41.8tNT$3.0t19.2x19.1x1.4x
Mon, 17 Jul 2023NT$60.6tNT$43.0tNT$3.4t19.2x17.8x1.4x
Wed, 14 Jun 2023NT$60.4tNT$42.9tNT$3.4t18.6x17.7x1.4x
Fri, 12 May 2023NT$54.6tNT$43.2tNT$3.9t16.6x13.9x1.3x
Sun, 09 Apr 2023NT$55.7tNT$43.3tNT$4.0t16.2x13.9x1.3x
Tue, 07 Mar 2023NT$55.4tNT$44.3tNT$4.5t15.3x12.4x1.3x
Thu, 02 Feb 2023NT$53.8tNT$44.4tNT$4.6t13.8x11.6x1.2x
Sat, 31 Dec 2022NT$49.4tNT$44.2tNT$4.5t13.2x11x1.1x
Mon, 28 Nov 2022NT$51.3tNT$44.5tNT$4.5t13.1x11.3x1.2x
Wed, 26 Oct 2022NT$44.1tNT$44.1tNT$4.6t12.8x9.5x1x
Fri, 23 Sep 2022NT$49.9tNT$43.9tNT$4.5t14.3x11x1.1x
Sun, 21 Aug 2022NT$53.7tNT$44.5tNT$4.6t14.5x11.7x1.2x
Tue, 19 Jul 2022NT$50.4tNT$43.7tNT$4.6t14x11x1.2x
Thu, 16 Jun 2022NT$55.3tNT$43.5tNT$4.5t15.2x12.4x1.3x
Sat, 14 May 2022NT$54.6tNT$43.3tNT$4.5t15.1x12.2x1.3x
Mon, 11 Apr 2022NT$59.8tNT$42.2tNT$4.3t16.6x13.9x1.4x
Wed, 09 Mar 2022NT$59.5tNT$42.3tNT$4.1t16.2x14.4x1.4x
Fri, 04 Feb 2022NT$61.1tNT$42.0tNT$4.0t16.6x15.1x1.5x
Sun, 02 Jan 2022NT$63.3tNT$41.8tNT$4.0t17.6x15.9x1.5x
Price to Earnings Ratio

15.9x


Total Market Cap: NT$63.3tTotal Earnings: NT$4.0tTotal Revenue: NT$41.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 17.6x20232024
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 22.2x which is higher than its 3-year average PE of 17.6x.
Past Earnings Growth
  • The earnings for Taiwanese listed companies have declined 2.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.5% 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 Market0.46%
Healthcare2.74%
Industrials1.05%
Tech0.70%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Real Estate-0.25%
Utilities-0.31%
Financials-0.33%
Consumer Discretionary-0.47%
Consumer Staples-0.57%
Telecom-0.61%
Materials-0.82%
Energy-2.34%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading close to its 3-year average PE ratio of 173x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 57.1%, which is higher than its past year's earnings growth of 7.3% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 14.6x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 71% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
2382 Quanta ComputerNT$292.005.8%
+NT$61.7b		35.5%PE20.8xTech
2317 Hon Hai Precision IndustryNT$186.501.1%
+NT$27.8b		80.2%PE16.2xTech
3711 ASE Technology HoldingNT$165.502.8%
+NT$19.5b		24.0%PE22.1xTech
2345 Accton TechnologyNT$760.003.4%
+NT$14.0b		46.4%PE43.7xTech
4585 Techman RobotNT$479.5045.7%
+NT$13.5b		n/aPE840.5xIndustrials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

7 Investing Lessons From 2024

Richard Bowman avatar
Richard Bowman
|
|

5 comments

This is our last newsletter of the year and a good time to focus on the third of those principles - the investing lessons we can all take from 2024...

Continue reading

Institutional Adoption Could Change The Bitcoin Narrative
Last Week

Institutional Adoption Could Change The Bitcoin Narrative

Latest News

2345

NT$760.00

Accton Technology

7D

3.4%

1Y

46.4%

Accton Technology (TWSE:2345) Is Reinvesting To Multiply In Value

Dec 25
Accton Technology (TWSE:2345) Is Reinvesting To Multiply In Value

4583

NT$942.00

Apex Dynamics

7D

18.8%

1Y

340.2%

Apex Dynamics, Inc.'s (TWSE:4583) 28% Price Boost Is Out Of Tune With Earnings

Dec 25
Apex Dynamics, Inc.'s (TWSE:4583) 28% Price Boost Is Out Of Tune With Earnings

3131

NT$1,430.00

Grand Process Technology

7D

-22.1%

1Y

148.7%

2049

NT$322.00

Hiwin Technologies

7D

13.0%

1Y

35.6%

1303

NT$30.95

Nan Ya Plastics

7D

-7.2%

1Y

-53.2%

Is Nan Ya Plastics (TWSE:1303) A Risky Investment?

Dec 24
Is Nan Ya Plastics (TWSE:1303) A Risky Investment?

2317

NT$186.50

Hon Hai Precision Industry

7D

1.1%

1Y

80.2%

2454

NT$1,410.00

MediaTek

7D

-0.7%

1Y

35.6%

4585

NT$479.50

Techman Robot

7D

45.7%

1Y

n/a

3443

NT$1,320.00

Global Unichip

7D

-7.7%

1Y

-25.0%

9904

NT$38.35

Pou Chen

7D

-8.3%

1Y

23.7%

6919

NT$621.00

Caliway Biopharmaceuticals

7D

13.7%

1Y

221.8%

6505

NT$35.30

Formosa Petrochemical

7D

-3.3%

1Y

-56.7%

3293

NT$970.00

International Games SystemLtd

7D

-3.5%

1Y

167.2%

3711

NT$165.50

ASE Technology Holding

7D

2.8%

1Y

24.0%

ASE Technology Holding (TWSE:3711) Might Have The Makings Of A Multi-Bagger

Dec 04
ASE Technology Holding (TWSE:3711) Might Have The Makings Of A Multi-Bagger

2382

NT$292.00

Quanta Computer

7D

5.8%

1Y

35.5%

There May Be Underlying Issues With The Quality Of Quanta Computer's (TWSE:2382) Earnings

Nov 21
There May Be Underlying Issues With The Quality Of Quanta Computer's (TWSE:2382) Earnings