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Taiwanese (TAIEX) Marine and Shipping Industry Analysis

UpdatedJun 23, 2024
DataAggregated Company Financials
Companies11
  • 7D1.0%
  • 3M40.7%
  • 1Y31.6%
  • YTD39.5%

In the last week, Marine and Shipping has been flat. As for the the longer term, the industry is up 32% over the past 12 months. In the next few years, earnings are forecast to decline by 8.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Jun 2024NT$1.1tNT$605.0bNT$68.7b14.7x16.4x1.9x
Tue, 21 May 2024NT$1.1tNT$604.8bNT$68.7b15.1x15.6x1.8x
Thu, 18 Apr 2024NT$788.2bNT$572.2bNT$41.2b15.2x19.1x1.4x
Sat, 16 Mar 2024NT$794.1bNT$627.5bNT$72.8b14.7x10.9x1.3x
Mon, 12 Feb 2024NT$752.9bNT$655.0bNT$88.8b10.7x8.5x1.1x
Wed, 10 Jan 2024NT$790.3bNT$654.8bNT$88.8b11.3x8.9x1.2x
Fri, 08 Dec 2023NT$684.8bNT$655.0bNT$88.8b10.8x7.7x1x
Sun, 05 Nov 2023NT$646.8bNT$860.1bNT$237.9b9.6x2.7x0.8x
Tue, 03 Oct 2023NT$655.5bNT$860.2bNT$237.9b9.5x2.8x0.8x
Thu, 31 Aug 2023NT$622.4bNT$860.1bNT$238.1b9.3x2.6x0.7x
Sat, 29 Jul 2023NT$661.7bNT$1.1tNT$429.1b5.1x1.5x0.6x
Mon, 26 Jun 2023NT$849.3bNT$1.1tNT$429.0b5.5x2x0.8x
Wed, 24 May 2023NT$850.8bNT$1.2tNT$476.0b4.3x1.8x0.7x
Fri, 21 Apr 2023NT$933.8bNT$1.3tNT$629.4b4.8x1.5x0.7x
Sun, 19 Mar 2023NT$922.3bNT$1.3tNT$629.3b5.3x1.5x0.7x
Tue, 14 Feb 2023NT$855.5bNT$1.5tNT$759.0b4.3x1.1x0.6x
Thu, 12 Jan 2023NT$900.7bNT$1.5tNT$759.1b4.5x1.2x0.6x
Sat, 10 Dec 2022NT$878.8bNT$1.5tNT$759.1b4.5x1.2x0.6x
Mon, 07 Nov 2022NT$810.8bNT$1.5tNT$774.1b4.5x1x0.6x
Wed, 05 Oct 2022NT$866.1bNT$1.4tNT$753.8b4.9x1.1x0.6x
Fri, 02 Sep 2022NT$1.1tNT$1.4tNT$753.2b4.9x1.4x0.8x
Sun, 31 Jul 2022NT$1.3tNT$1.3tNT$657.4b6.6x1.9x1x
Tue, 28 Jun 2022NT$1.3tNT$1.3tNT$657.2b6.8x2x1x
Thu, 26 May 2022NT$1.8tNT$1.3tNT$657.2b8.8x2.7x1.4x
Sat, 23 Apr 2022NT$1.8tNT$1.1tNT$526.7b10.4x3.4x1.6x
Mon, 21 Mar 2022NT$1.8tNT$1.1tNT$526.1b10.1x3.4x1.6x
Wed, 16 Feb 2022NT$1.7tNT$911.4bNT$381.3b13.1x4.5x1.9x
Fri, 14 Jan 2022NT$1.6tNT$911.2bNT$381.2b13.4x4.2x1.8x
Sun, 12 Dec 2021NT$1.9tNT$911.3bNT$381.3b14.2x4.9x2x
Tue, 09 Nov 2021NT$1.7tNT$800.3bNT$297.4b14.6x5.7x2.1x
Thu, 07 Oct 2021NT$1.4tNT$710.3bNT$222.8b19.9x6.4x2x
Sat, 04 Sep 2021NT$1.8tNT$710.3bNT$222.8b20.9x8x2.5x
Mon, 02 Aug 2021NT$1.9tNT$710.3bNT$222.8b20.7x8.4x2.6x
Price to Earnings Ratio

11.8x


Total Market Cap: NT$2.6tTotal Earnings: NT$222.8bTotal Revenue: NT$710.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Marine and Shipping Industry Price to Earnings3Y Average 5.3x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Shipping industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 16.4x which is higher than its 3-year average PE of 5.2x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 32% per year over the last three years,
  • Revenues have also declined 5.2% 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 Market3.15%
Industrials0.87%
Marine and Shipping0.97%
Marine0.97%
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
2603 Evergreen Marine Corporation (Taiwan)NT$204.002.5%
+NT$10.8b		29.1%PE9.2x
2609 Yang Ming Marine TransportNT$75.900.7%
+NT$1.7b		23.4%PE24.7x
2617 Taiwan NavigationNT$37.904.0%
+NT$605.1m		24.5%PE8.5x
2612 Chinese Maritime TransportNT$47.450.6%
+NT$59.2m		15.3%PE33.1x
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Latest News

2617

NT$37.90

Taiwan Navigation

7D

4.0%

1Y

24.5%

Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

Jun 23
Taiwan Navigation's (TWSE:2617) Dividend Will Be Reduced To NT$1.60

2637

NT$70.00

Wisdom Marine Lines Limited (Cayman)

7D

-1.0%

1Y

40.0%

2612

NT$47.45

Chinese Maritime Transport

7D

0.6%

1Y

15.3%

Chinese Maritime Transport (TWSE:2612) Will Pay A Smaller Dividend Than Last Year

Jun 20
Chinese Maritime Transport (TWSE:2612) Will Pay A Smaller Dividend Than Last Year

2603

NT$204.00

Evergreen Marine Corporation (Taiwan)

7D

2.5%

1Y

29.1%

2641

NT$21.65

Franbo Lines

7D

-2.9%

1Y

22.7%

2609

NT$75.90

Yang Ming Marine Transport

7D

0.7%

1Y

23.4%

2606

NT$56.20

U-Ming Marine Transport

7D

-0.2%

1Y

16.8%

2605

NT$30.65

Sincere Navigation

7D

-0.5%

1Y

46.7%

Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

Jun 14
Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

5608

NT$21.10

Shih Wei Navigation

7D

-0.9%

1Y

-8.7%

Is Shih Wei Navigation (TWSE:5608) Using Too Much Debt?

Jun 12
Is Shih Wei Navigation (TWSE:5608) Using Too Much Debt?

2615

NT$92.30

Wan Hai Lines

7D

-0.5%

1Y

53.3%

2601

NT$8.11

First Steamship

7D

-0.2%

1Y

-10.8%