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Taiwanese (TAIEX) Tech Sector Analysis

UpdatedMay 30, 2024
DataAggregated Company Financials
Companies852
  • 7D1.6%
  • 3M16.7%
  • 1Y45.2%
  • YTD28.8%

The Tech industry is up 1.6% in the last week, with MediaTek up 6.6%. This takes the industry's 12 month performance to a gain of 45%. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

Has the Taiwanese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 May 2024NT$48.1tNT$25.3tNT$1.8t26x26.1x1.9x
Sat, 27 Apr 2024NT$43.7tNT$25.2tNT$1.8t25.3x24.9x1.7x
Mon, 25 Mar 2024NT$44.8tNT$25.1tNT$1.7t25.4x25.8x1.8x
Wed, 21 Feb 2024NT$40.3tNT$25.4tNT$1.7t23.6x23.5x1.6x
Fri, 19 Jan 2024NT$36.2tNT$25.4tNT$1.8t22.1x20.4x1.4x
Sun, 17 Dec 2023NT$36.7tNT$25.4tNT$1.8t22.7x20.7x1.4x
Tue, 14 Nov 2023NT$34.3tNT$25.8tNT$1.8t20.3x19.1x1.3x
Thu, 12 Oct 2023NT$34.1tNT$26.1tNT$1.9t20.3x17.6x1.3x
Sat, 09 Sep 2023NT$33.7tNT$26.1tNT$1.9t20.4x17.4x1.3x
Mon, 07 Aug 2023NT$33.9tNT$26.7tNT$2.0t19.6x17.2x1.3x
Wed, 05 Jul 2023NT$34.6tNT$26.8tNT$2.1t19.2x16.5x1.3x
Fri, 02 Jun 2023NT$32.6tNT$26.8tNT$2.1t17.7x15.3x1.2x
Sun, 30 Apr 2023NT$29.9tNT$27.3tNT$2.3t15.2x13.3x1.1x
Tue, 28 Mar 2023NT$31.2tNT$27.3tNT$2.3t14.5x13.5x1.1x
Thu, 23 Feb 2023NT$29.6tNT$27.6tNT$2.4t13x12.3x1.1x
Sat, 21 Jan 2023NT$28.4tNT$27.7tNT$2.5t11.8x11.5x1x
Mon, 19 Dec 2022NT$27.6tNT$27.5tNT$2.3t11.9x11.8x1x
Wed, 16 Nov 2022NT$27.8tNT$27.5tNT$2.3t11.6x11.9x1x
Fri, 14 Oct 2022NT$23.7tNT$26.8tNT$2.2t11x10.6x0.9x
Sun, 11 Sep 2022NT$27.6tNT$26.8tNT$2.2t12.9x12.3x1x
Tue, 09 Aug 2022NT$28.7tNT$26.6tNT$2.3t13x12.4x1.1x
Thu, 07 Jul 2022NT$25.2tNT$26.3tNT$2.2t12.3x11.6x1x
Sat, 04 Jun 2022NT$31.7tNT$26.3tNT$2.2t14.6x14.7x1.2x
Mon, 02 May 2022NT$30.9tNT$25.7tNT$2.1t15.1x14.4x1.2x
Wed, 30 Mar 2022NT$34.1tNT$25.4tNT$2.0t16.4x16.7x1.3x
Fri, 25 Feb 2022NT$34.5tNT$25.2tNT$2.0t17.5x17.2x1.4x
Sun, 23 Jan 2022NT$36.0tNT$25.0tNT$1.9t18.1x18.9x1.4x
Tue, 21 Dec 2021NT$35.4tNT$24.9tNT$1.9t18.4x18.6x1.4x
Thu, 18 Nov 2021NT$35.6tNT$25.0tNT$1.9t17.9x18.7x1.4x
Sat, 16 Oct 2021NT$32.9tNT$24.4tNT$1.7t16.9x18.8x1.4x
Mon, 13 Sep 2021NT$34.3tNT$24.3tNT$1.7t17.8x19.9x1.4x
Wed, 11 Aug 2021NT$33.8tNT$24.3tNT$1.7t18.1x19.6x1.4x
Sun, 06 Jun 2021NT$33.8tNT$23.5tNT$1.6t18.4x21.7x1.4x
Price to Earnings Ratio

21.7x


Total Market Cap: NT$33.8tTotal Earnings: NT$1.6tTotal Revenue: NT$23.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Tech Sector Price to Earnings3Y Average 17.1x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.1x which is higher than its 3-year average PE of 17.1x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 5.9% per year over the last three years.
  • Revenues for these companies have grown 2.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Taiwanese Tech sector?

TW Market0.64%
Tech1.58%
Software5.23%
Electronic Equipment and Components3.97%
Communications3.74%
Tech Hardware2.59%
Semiconductors0.71%
IT0.18%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 46.1x.
    • Analysts are expecting annual earnings growth of 23.1%, which is higher than its past year's earnings growth of 7.2% per year.
  • Investors are most pessimistic about the IT industry, which is trading close to its 3-year average of 20.4x.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 7.2% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 16% 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
2454 MediaTekNT$1.29k6.6%
+NT$127.3b		71.8%PE22.3x
2317 Hon Hai Precision IndustryNT$177.002.3%
+NT$55.4b		63.9%PE16.2x
3017 Asia Vital ComponentsNT$783.0010.6%
+NT$28.7b		278.3%PE51.2x
5274 ASPEED TechnologyNT$3.82k13.5%
+NT$17.2b		32.2%PE119.1x
3661 Alchip TechnologiesNT$2.92k7.2%
+NT$15.4b		71.5%PE57.9x
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Latest News

3017

NT$783.00

Asia Vital Components

7D

10.6%

1Y

278.3%

Asia Vital Components Co., Ltd.'s (TWSE:3017) P/E Is Still On The Mark Following 30% Share Price Bounce

May 29
Asia Vital Components Co., Ltd.'s (TWSE:3017) P/E Is Still On The Mark Following 30% Share Price Bounce

2454

NT$1,285.00

MediaTek

7D

6.6%

1Y

71.8%

3034

NT$607.00

Novatek Microelectronics

7D

-2.7%

1Y

43.2%

6669

NT$2,640.00

Wiwynn

7D

-3.6%

1Y

126.6%

Wiwynn's (TWSE:6669) Dividend Will Be Reduced To NT$42.00

May 27
Wiwynn's (TWSE:6669) Dividend Will Be Reduced To NT$42.00

2301

NT$108.00

Lite-On Technology

7D

-3.6%

1Y

25.3%

2395

NT$351.00

Advantech

7D

-2.9%

1Y

-2.6%

2059

NT$1,165.00

King Slide Works

7D

-9.3%

1Y

171.6%

We Think You Should Be Aware Of Some Concerning Factors In King Slide Works' (TWSE:2059) Earnings

May 21
We Think You Should Be Aware Of Some Concerning Factors In King Slide Works' (TWSE:2059) Earnings

3443

NT$1,515.00

Global Unichip

7D

5.9%

1Y

-1.3%

Global Unichip (TWSE:3443) Is Paying Out A Dividend Of NT$14.00

May 20
Global Unichip (TWSE:3443) Is Paying Out A Dividend Of NT$14.00

5274

NT$3,815.00

ASPEED Technology

7D

13.5%

1Y

32.2%

2382

NT$281.50

Quanta Computer

7D

-0.9%

1Y

144.8%

2317

NT$177.00

Hon Hai Precision Industry

7D

2.3%

1Y

63.9%

3661

NT$2,915.00

Alchip Technologies

7D

7.2%

1Y

71.5%

2379

NT$568.00

Realtek Semiconductor

7D

5.4%

1Y

49.3%

6239

NT$187.50

Powertech Technology

7D

9.3%

1Y

87.7%

2330

NT$841.00

Taiwan Semiconductor Manufacturing

7D

-3.9%

1Y

52.6%

3711

NT$158.50

ASE Technology Holding

7D

-1.9%

1Y

41.5%