Ares International (TWSE:2471) Shareholders Should Be Cautious Despite Solid Earnings
May 22
Taiwanese (TAIEX) IT Consulting Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies25
- 7D0.7%
- 3M-0.9%
- 1Y5.9%
- YTDn/a
The IT Consulting is pretty flat in the last 7 days, but Syscom Computer Engineering has stood out, gaining 14%. The past year has been better, since the industry has gained 5.9% in that time. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Taiwanese IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | NT$125.4b | NT$110.3b | NT$6.2b | 17.9x | 20.1x | 1.1x |
| Thu, 25 Apr 2024 | NT$121.3b | NT$105.7b | NT$5.9b | 18.9x | 20.6x | 1.1x |
| Sat, 23 Mar 2024 | NT$125.5b | NT$105.1b | NT$5.8b | 19.9x | 21.5x | 1.2x |
| Mon, 19 Feb 2024 | NT$120.7b | NT$95.5b | NT$5.9b | 19.1x | 20.4x | 1.3x |
| Wed, 17 Jan 2024 | NT$114.9b | NT$95.9b | NT$5.9b | 18.4x | 19.4x | 1.2x |
| Fri, 15 Dec 2023 | NT$110.4b | NT$94.4b | NT$5.8b | 17.7x | 19x | 1.2x |
| Sun, 12 Nov 2023 | NT$101.4b | NT$93.7b | NT$5.7b | 16.8x | 17.8x | 1.1x |
| Tue, 10 Oct 2023 | NT$104.4b | NT$92.7b | NT$5.7b | 17.2x | 18.4x | 1.1x |
| Thu, 07 Sep 2023 | NT$104.9b | NT$92.7b | NT$5.7b | 17.3x | 18.5x | 1.1x |
| Sat, 05 Aug 2023 | NT$111.8b | NT$91.7b | NT$5.3b | 20.9x | 21.3x | 1.2x |
| Mon, 03 Jul 2023 | NT$106.9b | NT$89.9b | NT$5.0b | 22.3x | 21.2x | 1.2x |
| Wed, 31 May 2023 | NT$111.6b | NT$92.3b | NT$5.3b | 21.8x | 21.2x | 1.2x |
| Fri, 28 Apr 2023 | NT$98.6b | NT$87.6b | NT$4.6b | 19.7x | 21.3x | 1.1x |
| Sun, 26 Mar 2023 | NT$90.8b | NT$87.5b | NT$4.6b | 18.5x | 19.8x | 1x |
| Tue, 21 Feb 2023 | NT$77.5b | NT$86.7b | NT$4.5b | 15.7x | 17.1x | 0.9x |
| Thu, 19 Jan 2023 | NT$69.3b | NT$86.7b | NT$4.5b | 13.4x | 15.3x | 0.8x |
| Sat, 17 Dec 2022 | NT$61.7b | NT$86.7b | NT$4.5b | 12.3x | 13.6x | 0.7x |
| Mon, 14 Nov 2022 | NT$59.9b | NT$86.6b | NT$4.5b | 11.7x | 13.3x | 0.7x |
| Wed, 12 Oct 2022 | NT$59.1b | NT$85.2b | NT$4.3b | 11.1x | 13.7x | 0.7x |
| Fri, 09 Sep 2022 | NT$64.0b | NT$85.2b | NT$4.3b | 12x | 14.9x | 0.8x |
| Sun, 07 Aug 2022 | NT$62.8b | NT$84.0b | NT$4.1b | 12.2x | 15.5x | 0.7x |
| Tue, 05 Jul 2022 | NT$62.5b | NT$82.8b | NT$4.2b | 11.9x | 14.8x | 0.8x |
| Thu, 02 Jun 2022 | NT$66.2b | NT$82.6b | NT$4.2b | 12.4x | 15.9x | 0.8x |
| Sat, 30 Apr 2022 | NT$66.2b | NT$82.0b | NT$4.4b | 13x | 15x | 0.8x |
| Mon, 28 Mar 2022 | NT$67.5b | NT$81.6b | NT$4.4b | 13.7x | 15.2x | 0.8x |
| Wed, 23 Feb 2022 | NT$66.3b | NT$78.9b | NT$4.4b | 16.9x | 15x | 0.8x |
| Fri, 21 Jan 2022 | NT$67.3b | NT$78.9b | NT$4.4b | 14.2x | 15.2x | 0.9x |
| Sun, 19 Dec 2021 | NT$65.4b | NT$78.9b | NT$4.4b | 14x | 14.8x | 0.8x |
| Tue, 16 Nov 2021 | NT$68.6b | NT$78.9b | NT$4.4b | 14.2x | 15.5x | 0.9x |
| Thu, 14 Oct 2021 | NT$65.6b | NT$75.5b | NT$4.6b | 12.6x | 14.4x | 0.9x |
| Sat, 11 Sep 2021 | NT$65.1b | NT$75.5b | NT$4.6b | 12.7x | 14.3x | 0.9x |
| Mon, 09 Aug 2021 | NT$66.8b | NT$75.5b | NT$4.6b | 13.8x | 14.6x | 0.9x |
Price to Earnings Ratio
12.8x
Current Industry PE
- Investors are optimistic on the Taiwanese IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.1x which is higher than its 3-year average PE of 16.9x.
- The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 6.6% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Taiwanese IT Consulting compare with similar industries?
| TW Market | 2.44% | |
| Tech | 4.62% | |
| IT | 0.32% | |
| IT Consulting | 0.70% | |
| Data Processing Services | -1.38% | |
| Internet Services and Infrastructure | -1.40% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2453 Syscom Computer Engineering | NT$69.70 | 14.3% +NT$870.0m | -1.8% | PE24.9x | |
| 6811 Acer E-Enabling Service Business | NT$276.00 | 3.6% +NT$393.8m | 9.3% | PE21.8x | |
| 6112 Metaage | NT$60.20 | 3.3% +NT$357.9m | -16.5% | PE20.1x | |
| 4953 Wistron Information Technology and Services | NT$136.50 | 3.0% +NT$289.4m | 15.2% | PE16.5x | |
| 5403 Dimerco Data System | NT$124.00 | 1.2% +NT$114.4m | 15.9% | PE17.5x |