Taiwanese (TAIEX) Software Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies29
- 7D5.0%
- 3M6.2%
- 1Y11.6%
- YTD5.3%
The Software industry is up 5.0% in the last week, with Insyde Software up 35%. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Taiwanese Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | NT$106.7b | NT$28.1b | NT$2.6b | 25.9x | 41.1x | 3.8x |
| Fri, 26 Apr 2024 | NT$95.6b | NT$27.7b | NT$2.3b | 27.4x | 41.8x | 3.5x |
| Sun, 24 Mar 2024 | NT$103.0b | NT$27.5b | NT$2.1b | 26.7x | 48.9x | 3.8x |
| Tue, 20 Feb 2024 | NT$102.1b | NT$27.0b | NT$2.2b | 28.7x | 46.5x | 3.8x |
| Thu, 18 Jan 2024 | NT$99.3b | NT$27.0b | NT$2.2b | 27.8x | 45.2x | 3.7x |
| Sat, 16 Dec 2023 | NT$102.4b | NT$27.2b | NT$2.1b | 32.8x | 49.7x | 3.8x |
| Mon, 13 Nov 2023 | NT$92.0b | NT$26.7b | NT$2.1b | 29.4x | 43x | 3.4x |
| Wed, 11 Oct 2023 | NT$89.2b | NT$26.9b | NT$2.2b | 25x | 40.6x | 3.3x |
| Fri, 08 Sep 2023 | NT$91.4b | NT$26.9b | NT$2.2b | 23.6x | 41.6x | 3.4x |
| Sun, 06 Aug 2023 | NT$97.8b | NT$26.8b | NT$2.3b | 25.9x | 42.6x | 3.6x |
| Tue, 04 Jul 2023 | NT$94.6b | NT$26.2b | NT$2.3b | 24.6x | 40.5x | 3.6x |
| Thu, 01 Jun 2023 | NT$92.3b | NT$25.8b | NT$2.3b | 26x | 39.3x | 3.6x |
| Sat, 29 Apr 2023 | NT$92.4b | NT$25.6b | NT$2.6b | 22.9x | 36.1x | 3.6x |
| Mon, 27 Mar 2023 | NT$85.9b | NT$25.4b | NT$2.7b | 19.4x | 32x | 3.4x |
| Wed, 22 Feb 2023 | NT$80.3b | NT$25.0b | NT$2.0b | 15.7x | 39.5x | 3.2x |
| Fri, 20 Jan 2023 | NT$72.5b | NT$25.0b | NT$2.0b | 13.6x | 35.6x | 2.9x |
| Sun, 18 Dec 2022 | NT$69.3b | NT$25.0b | NT$2.0b | 13.4x | 34.1x | 2.8x |
| Tue, 15 Nov 2022 | NT$60.2b | NT$24.4b | NT$1.8b | 13.2x | 32.8x | 2.5x |
| Thu, 13 Oct 2022 | NT$58.9b | NT$24.0b | NT$1.7b | 14.3x | 35.2x | 2.5x |
| Sat, 10 Sep 2022 | NT$63.9b | NT$24.0b | NT$1.7b | 14.8x | 38.1x | 2.7x |
| Mon, 08 Aug 2022 | NT$63.1b | NT$22.9b | NT$1.6b | 15.1x | 40x | 2.8x |
| Wed, 06 Jul 2022 | NT$61.3b | NT$21.4b | NT$1.3b | 14.3x | 47.2x | 2.9x |
| Fri, 03 Jun 2022 | NT$67.5b | NT$21.4b | NT$1.3b | 15.3x | 52.4x | 3.2x |
| Sun, 01 May 2022 | NT$66.6b | NT$21.1b | NT$1.0b | 15.4x | 63.7x | 3.2x |
| Tue, 29 Mar 2022 | NT$70.1b | NT$20.7b | NT$876.6m | 16.9x | 80x | 3.4x |
| Thu, 24 Feb 2022 | NT$71.7b | NT$20.4b | NT$1.5b | 17.8x | 47.8x | 3.5x |
| Sat, 22 Jan 2022 | NT$79.5b | NT$20.4b | NT$1.5b | 17.9x | 53x | 3.9x |
| Mon, 20 Dec 2021 | NT$80.8b | NT$20.4b | NT$1.5b | 18.1x | 53.9x | 4x |
| Wed, 17 Nov 2021 | NT$83.0b | NT$20.1b | NT$1.4b | 18.8x | 59x | 4.1x |
| Fri, 15 Oct 2021 | NT$72.1b | NT$20.0b | NT$1.4b | 18.3x | 52.6x | 3.6x |
| Sun, 12 Sep 2021 | NT$70.9b | NT$20.0b | NT$1.4b | 17.9x | 51.7x | 3.6x |
| Tue, 10 Aug 2021 | NT$80.3b | NT$20.0b | NT$1.4b | 18.2x | 58.6x | 4x |
Price to Earnings Ratio
53.8x
Current Industry PE
- Investors are pessimistic on the Taiwanese Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 41.1x which is lower than its 3-year average PE of 46.1x.
- The 3-year average PS ratio of 3.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Software industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 12% 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 industry?
| TW Market | 2.89% | |
| Tech | 4.52% | |
| Software | 5.02% | |
| Systems Software | 13.67% | |
| Application Software | 1.30% | |
Industry PE
- Investors are most optimistic about the Systems Software industry which is trading above its 3-year average PE ratio of 25.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Application Software industry, which is trading below its 3-year average of 63.7x.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Application Software industry is expected to see its earnings grow by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6231 Insyde Software | NT$360.50 | 30.9% +NT$3.2b | 194.3% | PE60.6x | |
| 3564 AEWIN TechnologiesLtd | NT$109.00 | 31.2% +NT$1.5b | 179.5% | PE361.3x | |
| 6906 Groundhog | NT$159.50 | 11.5% +NT$553.4m | 1.3% | PE48.1x | |
| 5203 CyberLink | NT$98.60 | 3.2% +NT$244.7m | 4.9% | PE29.2x | |
| 8416 Solidwizard Technology | NT$154.50 | 4.4% +NT$183.4m | 7.3% | PE14.9x |