Has the Taiwanese Marine and Shipping Industry valuation changed over the past few years?
|Sun, 05 Dec 2021||NT$1.6t||NT$911.3b||NT$381.3b||13x|
|Tue, 02 Nov 2021||NT$1.4t||NT$711.9b||NT$225.4b||13.2x|
|Thu, 30 Sep 2021||NT$1.7t||NT$710.2b||NT$222.8b||20.2x|
|Sat, 28 Aug 2021||NT$2.0t||NT$710.3b||NT$222.8b||22.9x|
|Sun, 04 Jul 2021||NT$2.6t||NT$710.3b||NT$222.8b||28.8x|
|Wed, 07 Apr 2021||NT$585.1b||NT$576.4b||NT$127.6b||19.6x|
|Sat, 09 Jan 2021||NT$481.7b||NT$479.6b||NT$48.6b||20.8x|
|Fri, 02 Oct 2020||NT$220.7b||NT$445.4b||NT$18.3b||13x|
|Mon, 06 Jul 2020||NT$180.0b||NT$439.5b||NT$5.2b||16x|
|Thu, 09 Apr 2020||NT$148.9b||NT$456.1b||NT$1.6b||10.5x|
|Wed, 01 Jan 2020||NT$197.8b||NT$459.9b||NT$5.3b||12.3x|
|Sat, 05 Oct 2019||NT$203.2b||NT$465.0b||NT$6.1b||13.8x|
|Tue, 09 Jul 2019||NT$198.0b||NT$460.4b||NT$7.3b||11.5x|
|Mon, 01 Apr 2019||NT$188.7b||NT$442.4b||NT$2.5b||14.1x|
|Thu, 03 Jan 2019||NT$189.1b||NT$426.5b||-NT$193,034,081.02||16.3x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 16.2x. However, future earnings are expected to decline by 31% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: Total earnings for the Shipping industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 29% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Which industries have driven the changes within the Taiwanese Marine and Shipping industry?
Industry PE: Investors are most optimistic about the Marine industry even though it's trading below its 3-year average PE ratio of 16.2x. However analysts are expecting annual earnings decline of 31%, which is lower than the prior year's growth of 227% per year. So the market might believe that analysts are underestimating future growth or they expect the Marine industry's earnings to deteriorate the least compared to other industries.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Marine industry since they expect its earnings to decline by only 31% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 227% per year.
Which companies have driven the market over the last 7 days?
Yang Ming Marine Transport
Shih Wei Navigation
Wan Hai Lines
U-Ming Marine Transport
Evergreen Marine Corporation (Taiwan)
Wisdom Marine Lines