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Taiwanese (TAIEX) Metals and Mining Industry Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies50
  • 7D2.1%
  • 3M4.7%
  • 1Y4.1%
  • YTD0.9%

The Metals and Mining industry is up 2.1% in the last week, with Century Iron and Steel IndustrialLtd up 12%. This means that the industry has gained 4.1% over the past year. Earnings are forecast to grow by 49% annually.

Industry Valuation and Performance

Has the Taiwanese Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
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Current Industry PE
  • Investors are optimistic on the Taiwanese Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 27.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 15% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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.

Industry Trends

Which industries have driven the changes within the Taiwanese Materials industry?

TW Market2.50%
Materials0.71%
Metals and Mining2.11%
Copper4.52%
Steel2.23%
Precious Metals and Minerals1.64%
Gold0%
Silver0%
Diversified Metals and Mining-2.44%
Aluminum-4.06%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 27.7x.
    • Analysts are expecting annual earnings growth of 49.3%, which is higher than its past year's earnings growth of 18.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Steel industry is expected to see its earnings grow by 49% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
No data available
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