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Taiwanese (TAIEX) Marine and Shipping Industry Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies11
  • 7D10.6%
  • 3M-4.5%
  • 1Y409.2%
  • YTD198.4%

Over the last 7 days, the Marine and Shipping industry has risen 11%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 409%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sun, 05 Dec 2021NT$1.6tNT$911.3bNT$381.3b13x
Tue, 02 Nov 2021NT$1.4tNT$711.9bNT$225.4b13.2x
Thu, 30 Sep 2021NT$1.7tNT$710.2bNT$222.8b20.2x
Sat, 28 Aug 2021NT$2.0tNT$710.3bNT$222.8b22.9x
Sun, 04 Jul 2021NT$2.6tNT$710.3bNT$222.8b28.8x
Wed, 07 Apr 2021NT$585.1bNT$576.4bNT$127.6b19.6x
Sat, 09 Jan 2021NT$481.7bNT$479.6bNT$48.6b20.8x
Fri, 02 Oct 2020NT$220.7bNT$445.4bNT$18.3b13x
Mon, 06 Jul 2020NT$180.0bNT$439.5bNT$5.2b16x
Thu, 09 Apr 2020NT$148.9bNT$456.1bNT$1.6b10.5x
Wed, 01 Jan 2020NT$197.8bNT$459.9bNT$5.3b12.3x
Sat, 05 Oct 2019NT$203.2bNT$465.0bNT$6.1b13.8x
Tue, 09 Jul 2019NT$198.0bNT$460.4bNT$7.3b11.5x
Mon, 01 Apr 2019NT$188.7bNT$442.4bNT$2.5b14.1x
Thu, 03 Jan 2019NT$189.1bNT$426.5b-NT$193,034,081.0216.3x
PE Ratio

16.3x

Total Market Cap: NT$189.1bTotal Earnings: -NT$193,034,081.02Total Revenue: NT$426.5b0%0%0%3 Year10 Year
20202021

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.

Industry Trends

Which industries have driven the changes within the Taiwanese Marine and Shipping industry?

Marine10.58%

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.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
2603 Evergreen Marine Corporation (Taiwan)12.7%+NT$79.4b451.7%PE4.1x
2609 Yang Ming Marine Transport11.5%+NT$43.7b841.6%PE3.5x
2615 Wan Hai Lines8.2%+NT$30.5b376.2%PE5.2x
2606 U-Ming Marine Transport8.1%+NT$3.5b79.0%PE13.3x
2637 Wisdom Marine Lines4.6%+NT$2.4b228.8%PE9.9x
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