Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Taiwanese (TAIEX) Marine and Shipping Industry Analysis

UpdatedNov 24, 2024
DataAggregated Company Financials
Companies11
  • 7D3.8%
  • 3M20.4%
  • 1Y89.0%
  • YTD49.9%

Over the last 7 days, the Marine and Shipping industry has risen 3.8%, driven by gains in Yang Ming Marine Transport and Evergreen Marine Corporation (Taiwan) of 7.3% and 3.7%, respectively. This means that the industry has gained 89% over the past year. In the next few years, earnings are forecast to decline by 21% annually.

Industry Valuation and Performance

Has the Taiwanese Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024NT$1.2tNT$825.7bNT$206.0b10.1x5.9x1.5x
Tue, 22 Oct 2024NT$1.1tNT$676.3bNT$122.6b10.8x8.8x1.6x
Thu, 19 Sep 2024NT$993.7bNT$676.3bNT$122.6b9.7x8.1x1.5x
Sat, 17 Aug 2024NT$1.0tNT$675.9bNT$121.8b11.2x8.2x1.5x
Mon, 15 Jul 2024NT$966.7bNT$605.1bNT$68.7b13.9x14.1x1.6x
Wed, 12 Jun 2024NT$1.1tNT$605.0bNT$68.7b15.4x16x1.8x
Fri, 10 May 2024NT$898.3bNT$572.2bNT$41.2b16.8x21.8x1.6x
Sun, 07 Apr 2024NT$771.7bNT$572.0bNT$41.1b14.6x18.8x1.3x
Tue, 05 Mar 2024NT$831.3bNT$654.3bNT$89.2b11.1x9.3x1.3x
Thu, 01 Feb 2024NT$756.7bNT$654.9bNT$88.8b10.8x8.5x1.2x
Sat, 30 Dec 2023NT$779.6bNT$654.6bNT$88.7b11.3x8.8x1.2x
Mon, 27 Nov 2023NT$636.0bNT$655.1bNT$88.8b9.4x7.2x1x
Wed, 25 Oct 2023NT$617.6bNT$860.2bNT$238.0b9.1x2.6x0.7x
Fri, 22 Sep 2023NT$676.6bNT$860.1bNT$237.9b10x2.8x0.8x
Sun, 20 Aug 2023NT$651.3bNT$863.5bNT$241.2b10x2.7x0.8x
Tue, 18 Jul 2023NT$630.9bNT$1.1tNT$429.0b5.4x1.5x0.6x
Thu, 15 Jun 2023NT$875.0bNT$1.1tNT$428.9b5.7x2x0.8x
Sat, 13 May 2023NT$844.9bNT$1.3tNT$629.5b4.3x1.3x0.6x
Mon, 10 Apr 2023NT$927.1bNT$1.3tNT$629.4b5x1.5x0.7x
Wed, 08 Mar 2023NT$975.3bNT$1.4tNT$756.2b5.5x1.3x0.7x
Fri, 03 Feb 2023NT$913.6bNT$1.5tNT$758.7b4.6x1.2x0.6x
Sun, 01 Jan 2023NT$937.4bNT$1.5tNT$759.2b4.6x1.2x0.6x
Tue, 29 Nov 2022NT$892.0bNT$1.5tNT$759.3b4.5x1.2x0.6x
Thu, 27 Oct 2022NT$819.7bNT$1.4tNT$754.0b4.5x1.1x0.6x
Sat, 24 Sep 2022NT$910.9bNT$1.4tNT$753.7b5.3x1.2x0.6x
Mon, 22 Aug 2022NT$1.2tNT$1.4tNT$753.1b5.4x1.7x0.9x
Wed, 20 Jul 2022NT$1.2tNT$1.3tNT$657.3b6.1x1.8x0.9x
Fri, 17 Jun 2022NT$1.5tNT$1.3tNT$657.2b7.7x2.3x1.2x
Sun, 15 May 2022NT$1.8tNT$1.2tNT$594.6b8.7x3x1.5x
Tue, 12 Apr 2022NT$1.7tNT$1.1tNT$526.6b9.6x3.2x1.5x
Thu, 10 Mar 2022NT$1.9tNT$915.8bNT$384.9b13.3x4.9x2.1x
Sat, 05 Feb 2022NT$1.5tNT$911.3bNT$381.3b12.3x3.8x1.6x
Mon, 03 Jan 2022NT$1.8tNT$911.3bNT$381.3b14.3x4.8x2x
Wed, 01 Dec 2021NT$1.6tNT$911.3bNT$381.3b20x4.1x1.7x
Price to Earnings Ratio

4.1x


Total Market Cap: NT$1.6tTotal Earnings: NT$381.3bTotal Revenue: NT$911.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Marine and Shipping Industry Price to Earnings3Y Average 5.6x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Shipping industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 5.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 19% per year over the last three years,
  • Revenues have also declined 3.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

TW Market0.76%
Industrials1.96%
Marine and Shipping3.80%
Marine3.80%
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
2609 Yang Ming Marine TransportNT$77.507.3%
+NT$18.5b		85.6%PE5.4x
2603 Evergreen Marine Corporation (Taiwan)NT$236.003.7%
+NT$18.3b		108.8%PE4.5x
2615 Wan Hai LinesNT$93.603.4%
+NT$8.7b		105.7%PE8.5x
2606 U-Ming Marine TransportNT$61.000.8%
+NT$422.5m		32.9%PE11.1x
2601 First SteamshipNT$7.861.2%
+NT$73.5m		-4.3%PS1.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

2605

NT$27.70

Sincere Navigation

7D

-3.1%

1Y

34.1%

2612

NT$45.30

Chinese Maritime Transport

7D

-0.8%

1Y

11.4%

Chinese Maritime Transport's (TWSE:2612) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 21
Chinese Maritime Transport's (TWSE:2612) Shareholders Have More To Worry About Than Only Soft Earnings

2606

NT$61.00

U-Ming Marine Transport

7D

0.8%

1Y

32.9%

U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

Nov 20
U-Ming Marine Transport's (TWSE:2606) Earnings Are Weaker Than They Seem

2641

NT$19.85

Franbo Lines

7D

-1.5%

1Y

14.1%

5608

NT$19.00

Shih Wei Navigation

7D

-0.3%

1Y

5.3%

2617

NT$32.45

Taiwan Navigation

7D

-0.8%

1Y

9.3%

2601

NT$7.86

First Steamship

7D

1.2%

1Y

-4.3%

2603

NT$236.00

Evergreen Marine Corporation (Taiwan)

7D

3.7%

1Y

108.8%

Evergreen Marine Corporation (Taiwan) Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 17
Evergreen Marine Corporation (Taiwan) Ltd. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

2615

NT$93.60

Wan Hai Lines

7D

3.4%

1Y

105.7%

2609

NT$77.50

Yang Ming Marine Transport

7D

7.3%

1Y

85.6%

2637

NT$79.90

Wisdom Marine Lines Limited (Cayman)

7D

-1.4%

1Y

77.2%