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Taiwanese (TAIEX) Renewable Energy Industry Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies6
  • 7D-5.8%
  • 3M8.0%
  • 1Y16.8%
  • YTDn/a

Over the last 7 days, the Renewable Energy industry has dropped 5.2%, driven by a pullback from J&V Energy Technology of 9.4%. This takes the industry's 12 month performance to a gain of 15%. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Taiwanese Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 May 2024NT$69.0bNT$25.7bNT$2.5b29.4x27.9x2.7x
Mon, 15 Apr 2024NT$76.7bNT$24.8bNT$2.4b36.6x31.9x3.1x
Wed, 13 Mar 2024NT$69.9bNT$26.2bNT$2.4b33.8x29x2.7x
Fri, 09 Feb 2024NT$55.3bNT$22.5bNT$2.1b36.7x25.9x2.5x
Sun, 07 Jan 2024NT$50.1bNT$22.5bNT$2.1b35.6x23.5x2.2x
Tue, 05 Dec 2023NT$47.6bNT$22.5bNT$2.1b32.4x22.3x2.1x
Thu, 02 Nov 2023NT$45.6bNT$19.7bNT$1.8b34.1x25.4x2.3x
Sat, 30 Sep 2023NT$48.3bNT$19.7bNT$1.8b35.1x26.9x2.4x
Mon, 28 Aug 2023NT$43.7bNT$19.7bNT$1.8b34.5x24.3x2.2x
Wed, 26 Jul 2023NT$48.6bNT$17.2bNT$1.3b58.8x37.2x2.8x
Fri, 23 Jun 2023NT$51.6bNT$16.9bNT$1.3b22.5x39.7x3.1x
Sun, 21 May 2023NT$50.3bNT$16.8bNT$1.3b25.4x38.8x3x
Tue, 18 Apr 2023NT$49.3bNT$16.1bNT$1.3b22.7x38x3.1x
Thu, 16 Mar 2023NT$46.0bNT$13.8bNT$1.1b36.1x42.7x3.3x
Sat, 11 Feb 2023NT$44.1bNT$14.7bNT$1.1b31.1x39.6x3x
Mon, 09 Jan 2023NT$37.8bNT$14.7bNT$1.1b21.9x34x2.6x
Wed, 07 Dec 2022NT$33.9bNT$14.7bNT$1.1b21.3x30.4x2.3x
Fri, 04 Nov 2022NT$30.3bNT$12.9bNT$664.6m49.1x45.6x2.3x
Sun, 02 Oct 2022NT$32.1bNT$12.9bNT$664.6m52.6x48.4x2.5x
Tue, 30 Aug 2022NT$35.2bNT$12.9bNT$664.6m61x52.9x2.7x
Thu, 28 Jul 2022NT$34.3bNT$9.7bNT$588.2m43.4x58.3x3.5x
Sat, 25 Jun 2022NT$37.7bNT$9.7bNT$588.2m40.9x64.1x3.9x
Mon, 23 May 2022NT$30.6bNT$9.7bNT$588.2m36.4x52x3.1x
Wed, 20 Apr 2022NT$34.4bNT$7.5bNT$836.7m36.2x41.1x4.6x
Fri, 18 Mar 2022NT$32.3bNT$7.6bNT$959.6m31.6x33.6x4.2x
Sun, 13 Feb 2022NT$32.5bNT$5.4bNT$1.0b27.3x31x6.1x
Tue, 11 Jan 2022NT$16.9bNT$2.3bNT$507.6m29.9x33.4x7.4x
Thu, 09 Dec 2021NT$14.7bNT$2.3bNT$507.6m25.6x28.9x6.4x
Sat, 06 Nov 2021NT$17.2bNT$1.7bNT$488.4m31.5x35.2x10.3x
Mon, 04 Oct 2021NT$19.4bNT$1.7bNT$488.4m35.7x39.7x11.6x
Wed, 01 Sep 2021NT$18.1bNT$1.7bNT$488.4m33.6x37.2x10.8x
Thu, 08 Jul 2021NT$17.0bNT$1.7bNT$488.4m31.3x34.7x10.1x
Price to Earnings Ratio

26.1x


Total Market Cap: NT$12.7bTotal Earnings: NT$485.7mTotal Revenue: NT$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Renewable Energy Industry Price to Earnings3Y Average 36.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Taiwanese Renewable Electricity 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 28.1x which is lower than its 3-year average PE of 36.8x.
  • The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have grown 72% per year over the last three years.
  • Revenues for these companies have grown 169% 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 Renewable Energy compare with similar industries?

TW Market2.50%
Utilities-1.75%
Renewable Energy-3.04%
Renewable Energy-5.77%
Independent Power Producers and Energy Traders2.04%
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
6994 Foxwell PowerNT$113.000.4%
+NT$30.0m		n/an/a
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

6806

NT$121.00

Shinfox Energy

7D

-4.3%

1Y

13.6%

6869

NT$140.00

J&V Energy Technology

7D

-9.7%

1Y

27.9%

6873

NT$163.00

HD Renewable Energy

7D

-7.1%

1Y

18.5%

6639

NT$15.30

Grand Green Energy

7D

-1.3%

1Y

-14.0%

7590

NT$22.25

YIHO International

7D

-1.1%

1Y

-8.2%