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Taiwanese (TAIEX) Marine and Shipping Industry Analysis

UpdatedAug 15, 2024
DataAggregated Company Financials
Companies11
  • 7D-1.6%
  • 3M-11.4%
  • 1Y57.4%
  • YTD20.6%

Over the last 7 days, the Marine and Shipping industry has risen 3.8%, driven by gains from Evergreen Marine Corporation (Taiwan) of 2.5%. In the same time, Wan Hai Lines was down 7.7%. In the last 12 months, the industry was up 53%. Looking forward, earnings are forecast to grow by 4.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Aug 2024NT$974.2bNT$662.1bNT$107.9b11.2x9x1.5x
Sat, 13 Jul 2024NT$966.7bNT$605.1bNT$68.7b13.9x14.1x1.6x
Mon, 10 Jun 2024NT$1.2tNT$605.0bNT$68.7b16x17.6x2x
Wed, 08 May 2024NT$868.2bNT$572.2bNT$41.2b16.8x21.1x1.5x
Fri, 05 Apr 2024NT$771.7bNT$571.9bNT$41.1b14.6x18.8x1.3x
Sun, 03 Mar 2024NT$816.3bNT$654.3bNT$89.2b11x9.2x1.2x
Tue, 30 Jan 2024NT$768.4bNT$654.9bNT$88.8b11x8.7x1.2x
Thu, 28 Dec 2023NT$798.5bNT$654.7bNT$88.7b11.6x9x1.2x
Sat, 25 Nov 2023NT$636.0bNT$655.2bNT$88.8b9.4x7.2x1x
Mon, 23 Oct 2023NT$619.5bNT$860.3bNT$238.0b9.3x2.6x0.7x
Wed, 20 Sep 2023NT$682.0bNT$860.0bNT$237.9b10.1x2.9x0.8x
Fri, 18 Aug 2023NT$626.6bNT$863.5bNT$241.2b9.3x2.6x0.7x
Sun, 16 Jul 2023NT$624.1bNT$1.1tNT$429.0b5.4x1.5x0.6x
Tue, 13 Jun 2023NT$855.7bNT$1.1tNT$428.9b5.6x2x0.8x
Thu, 11 May 2023NT$863.6bNT$1.3tNT$629.4b4.4x1.4x0.6x
Sat, 08 Apr 2023NT$927.1bNT$1.3tNT$629.3b5x1.5x0.7x
Mon, 06 Mar 2023NT$973.3bNT$1.4tNT$756.2b5.6x1.3x0.7x
Wed, 01 Feb 2023NT$892.1bNT$1.5tNT$758.9b4.5x1.2x0.6x
Fri, 30 Dec 2022NT$925.6bNT$1.5tNT$759.2b4.6x1.2x0.6x
Sun, 27 Nov 2022NT$911.0bNT$1.5tNT$759.3b4.5x1.2x0.6x
Tue, 25 Oct 2022NT$799.8bNT$1.4tNT$754.0b4.5x1.1x0.6x
Thu, 22 Sep 2022NT$945.2bNT$1.4tNT$753.6b5.3x1.3x0.7x
Sat, 20 Aug 2022NT$1.2tNT$1.4tNT$750.3b5.4x1.7x0.9x
Mon, 18 Jul 2022NT$1.2tNT$1.3tNT$657.3b6.1x1.8x0.9x
Wed, 15 Jun 2022NT$1.7tNT$1.3tNT$657.2b8.2x2.5x1.3x
Fri, 13 May 2022NT$1.8tNT$1.2tNT$594.4b9.8x3x1.5x
Sun, 10 Apr 2022NT$1.7tNT$1.1tNT$526.6b9.6x3.2x1.5x
Tue, 08 Mar 2022NT$1.9tNT$915.8bNT$384.9b13.2x4.8x2x
Thu, 03 Feb 2022NT$1.5tNT$911.3bNT$381.3b12.3x3.8x1.6x
Sat, 01 Jan 2022NT$1.8tNT$911.3bNT$381.3b14.3x4.8x2x
Mon, 29 Nov 2021NT$1.5tNT$911.4bNT$381.3b12.3x4x1.7x
Wed, 27 Oct 2021NT$1.4tNT$710.3bNT$222.8b17.5x6.1x1.9x
Fri, 24 Sep 2021NT$1.8tNT$710.2bNT$222.8b20.7x8.1x2.5x
Sun, 22 Aug 2021NT$1.9tNT$710.3bNT$222.8b20.7x8.3x2.6x
Price to Earnings Ratio

8.3x


Total Market Cap: NT$1.9tTotal 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 5.5x202220232024
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 14.0x which is higher than its 3-year average PE of 5.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.6x.
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 Market3.54%
Industrials2.67%
Marine and Shipping-1.58%
Marine-1.58%
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$181.502.5%
+NT$9.7b		74.5%PE5.4x
2606 U-Ming Marine TransportNT$52.801.5%
+NT$676.0m		25.4%PE11.6x
2605 Sincere NavigationNT$26.551.1%
+NT$175.6m		45.1%PE17.7x
2612 Chinese Maritime TransportNT$42.301.0%
+NT$79.0m		12.1%PE29.5x
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Latest News

2609

NT$61.60

Yang Ming Marine Transport

7D

-3.1%

1Y

46.5%

2605

NT$26.55

Sincere Navigation

7D

1.1%

1Y

45.1%

2603

NT$181.50

Evergreen Marine Corporation (Taiwan)

7D

2.5%

1Y

74.5%

2637

NT$67.40

Wisdom Marine Lines Limited (Cayman)

7D

-0.7%

1Y

59.5%

Does Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Have A Healthy Balance Sheet?

Aug 14
Does Wisdom Marine Lines Limited (Cayman) (TWSE:2637) Have A Healthy Balance Sheet?

2606

NT$52.80

U-Ming Marine Transport

7D

1.5%

1Y

25.4%

2617

NT$32.35

Taiwan Navigation

7D

-1.4%

1Y

20.3%

2612

NT$42.30

Chinese Maritime Transport

7D

1.0%

1Y

12.1%

5608

NT$17.75

Shih Wei Navigation

7D

-2.2%

1Y

-1.4%

2615

NT$77.70

Wan Hai Lines

7D

-7.7%

1Y

63.2%

2601

NT$7.23

First Steamship

7D

-1.6%

1Y

-12.7%

2641

NT$18.80

Franbo Lines

7D

-2.8%

1Y

22.5%