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Taiwanese (TAIEX) Medical Equipment Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies37
  • 7D3.0%
  • 3M3.4%
  • 1Y1.8%
  • YTDn/a

The Medical Equipment industry is up 2.7% in the last week, with Easywell Biomedicals up 34%. During this same period, the Apex Biotechnology underperformed, falling 8.9%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 3.5% annually.

Industry Valuation and Performance

Has the Taiwanese Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 24 May 2024NT$96.9bNT$31.5bNT$334.6m20x289.5x3.1x
Sun, 21 Apr 2024NT$92.1bNT$31.8bNT$484.1m28.3x190.2x2.9x
Tue, 19 Mar 2024NT$93.7bNT$32.6bNT$624.3m28x150.2x2.9x
Thu, 15 Feb 2024NT$91.6bNT$31.4bNT$717.8m27.4x127.6x2.9x
Sat, 13 Jan 2024NT$90.8bNT$31.4bNT$717.8m27.4x126.5x2.9x
Mon, 11 Dec 2023NT$88.3bNT$31.4bNT$717.8m27x123.1x2.8x
Wed, 08 Nov 2023NT$83.4bNT$33.2bNT$1.4b31.7x59.5x2.5x
Fri, 06 Oct 2023NT$82.9bNT$33.4bNT$1.6b26x53x2.5x
Sun, 03 Sep 2023NT$86.3bNT$33.4bNT$1.6b26.8x55.2x2.6x
Tue, 01 Aug 2023NT$91.9bNT$37.5bNT$4.3b24.5x21.5x2.4x
Thu, 29 Jun 2023NT$93.4bNT$37.1bNT$4.4b26.6x21.3x2.5x
Sat, 27 May 2023NT$89.6bNT$37.2bNT$4.7b17.7x18.9x2.4x
Mon, 24 Apr 2023NT$87.5bNT$37.3bNT$4.8b18x18.2x2.3x
Wed, 22 Mar 2023NT$87.9bNT$37.1bNT$5.1b15.9x17.3x2.4x
Fri, 17 Feb 2023NT$84.3bNT$36.7bNT$5.1b15.8x16.5x2.3x
Sun, 15 Jan 2023NT$79.2bNT$36.7bNT$5.1b13.4x15.5x2.2x
Tue, 13 Dec 2022NT$79.4bNT$36.7bNT$5.1b13.7x15.6x2.2x
Thu, 10 Nov 2022NT$75.6bNT$36.1bNT$4.8b14.1x15.8x2.1x
Sat, 08 Oct 2022NT$76.8bNT$35.6bNT$4.6b14.6x16.6x2.2x
Mon, 05 Sep 2022NT$88.7bNT$35.5bNT$4.6b15.8x19.2x2.5x
Wed, 03 Aug 2022NT$82.5bNT$32.0bNT$3.3b21.5x25x2.6x
Fri, 01 Jul 2022NT$81.4bNT$32.0bNT$3.3b20.7x24.7x2.5x
Sun, 29 May 2022NT$83.0bNT$32.0bNT$3.3b21x25.5x2.6x
Tue, 26 Apr 2022NT$95.7bNT$31.3bNT$2.9b22.9x32.6x3.1x
Thu, 24 Mar 2022NT$79.0bNT$31.7bNT$3.3b19.5x23.7x2.5x
Sat, 19 Feb 2022NT$81.6bNT$31.4bNT$3.3b21.6x24.8x2.6x
Mon, 17 Jan 2022NT$83.7bNT$31.4bNT$3.3b22x25.4x2.7x
Wed, 15 Dec 2021NT$82.9bNT$31.4bNT$3.3b22.7x25.2x2.6x
Fri, 12 Nov 2021NT$75.5bNT$30.8bNT$3.4b22.3x22.5x2.5x
Sun, 10 Oct 2021NT$74.1bNT$30.8bNT$3.4b21.5x21.5x2.4x
Tue, 07 Sep 2021NT$85.2bNT$30.8bNT$3.4b22.3x24.7x2.8x
Thu, 05 Aug 2021NT$86.7bNT$30.8bNT$3.4b24x25.4x2.8x
Price to Earnings Ratio

27.1x


Total Market Cap: NT$89.5bTotal Earnings: NT$3.3bTotal Revenue: NT$29.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Medical Equipment Industry Price to Earnings3Y Average 47.5x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Healthcare Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 288x which is higher than its 3-year average PE of 47.3x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the Healthcare Equipment industry have declined 53% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Taiwanese Medical Equipment compare with similar industries?

TW Market1.33%
Healthcare0.43%
Medical Equipment-0.46%
Medical Equipment2.97%
Medical Supplies-2.82%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
1799 Easywell BiomedicalsNT$100.5028.0%
+NT$2.7b		386.7%PS39.8x
6762 Delta Asia InternationalNT$250.002.5%
+NT$155.3m		8.2%PE138.4x
6572 PlexBioNT$14.1010.2%
+NT$134.7m		-22.1%PS8.7x
4736 TaiDoc TechnologyNT$165.000.6%
+NT$95.4m		-9.3%PE15.4x
6918 Aplus BiotechnologyNT$70.603.8%
+NT$79.2m		65.9%n/a
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Latest News

4736

NT$165.00

TaiDoc Technology

7D

0.6%

1Y

-9.3%

Some Investors May Be Willing To Look Past TaiDoc Technology's (TWSE:4736) Soft Earnings

May 22
Some Investors May Be Willing To Look Past TaiDoc Technology's (TWSE:4736) Soft Earnings

6796

NT$80.00

Medimaging Integrated Solution

7D

-2.1%

1Y

-13.1%

4171

NT$32.45

GeneReach Biotechnology

7D

2.2%

1Y

-23.0%

4198

NT$45.30

S&S Healthcare Holding

7D

-3.5%

1Y

83.0%

1799

NT$100.50

Easywell Biomedicals

7D

28.0%

1Y

386.7%

4138

NT$103.00

Dynamic Medical Technologies

7D

-2.8%

1Y

11.1%

1733

NT$32.35

Apex Biotechnology

7D

-4.3%

1Y

19.6%

4737

NT$67.90

Bionime

7D

-1.5%

1Y

-12.2%

6762

NT$250.00

Delta Asia International

7D

2.5%

1Y

8.2%

6572

NT$14.10

PlexBio

7D

10.2%

1Y

-22.1%

6493

NT$21.05

Ttbio

7D

4.2%

1Y

-27.5%

3184

NT$11.80

MicroBase Technology

7D

-6.0%

1Y

-28.5%

6918

NT$70.60

Aplus Biotechnology

7D

3.8%

1Y

65.9%

6872

NT$28.00

NaviFUS

7D

-7.3%

1Y

2.0%

7725

NT$27.50

LabTurbo Biotech

7D

1.9%

1Y

n/a

6847

NT$109.00

Puriblood Medical

7D

-4.0%

1Y

-16.2%