Yang Ming Marine Transport Future Growth

Future criteria checks 0/6

Yang Ming Marine Transport's revenue and earnings are forecast to decline at 1.1% and 40.6% per annum respectively. EPS is expected to decline by 40.5% per annum. Return on equity is forecast to be -0.5% in 3 years.

Key information

-40.6%

Earnings growth rate

-40.5%

EPS growth rate

Shipping earnings growth	16.0%
Revenue growth rate	-1.1%
Future return on equity	-0.5%
Analyst coverage	Low
Last updated	27 Mar 2024

Recent future growth updates

Recent updates

Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?

Apr 12

Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Mar 21

Earnings and Revenue Growth Forecasts

TWSE:2609 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	137,364	-1,517	12,124	78,407	3
12/31/2024	155,670	11,376	23,015	37,715	3
12/31/2023	140,624	4,774	-11,438	3,379	N/A
9/30/2023	167,836	20,811	18,463	29,889	N/A
6/30/2023	231,748	67,752	64,945	73,298	N/A
3/31/2023	306,149	123,416	133,113	141,299	N/A
12/31/2022	375,900	180,592	201,495	210,067	N/A
9/30/2022	418,646	221,249	241,813	250,022	N/A
6/30/2022	414,285	222,327	251,381	256,647	N/A
3/31/2022	378,109	201,329	247,527	254,329	N/A
12/31/2021	333,687	165,269	202,516	209,857	N/A
9/30/2021	277,036	120,004	150,285	156,172	N/A
6/30/2021	220,438	71,915	88,852	96,778	N/A
3/31/2021	178,917	37,312	55,307	63,506	N/A
12/31/2020	151,277	11,977	26,465	35,043	N/A
9/30/2020	141,169	865	9,317	16,768	N/A
6/30/2020	140,099	-3,249	11,744	16,963	N/A
3/31/2020	148,747	-4,446	8,791	12,586	N/A
12/31/2019	149,181	-4,310	8,505	11,194	N/A
9/30/2019	151,743	-3,241	8,780	11,046	N/A
6/30/2019	152,674	-2,773	390	5,694	N/A
3/31/2019	145,875	-5,323	-3,486	1,271	N/A
12/31/2018	141,833	-6,591	-8,063	-3,097	N/A
9/30/2018	135,164	-6,271	-10,160	-4,918	N/A
6/30/2018	132,229	-4,097	-4,557	-2,728	N/A
3/31/2018	131,858	-727	-1,881	22	N/A
12/31/2017	131,078	321	-65	1,916	N/A
9/30/2017	130,776	-1,971	N/A	2,900	N/A
6/30/2017	123,990	-7,797	N/A	-4,303	N/A
3/31/2017	118,534	-12,158	N/A	-7,288	N/A
12/31/2016	115,400	-14,912	N/A	-10,794	N/A
9/30/2016	113,800	-16,826	N/A	-12,202	N/A
6/30/2016	116,708	-16,487	N/A	-7,179	N/A
3/31/2016	121,526	-11,691	N/A	-4,111	N/A
12/31/2015	127,559	-7,722	N/A	1,369	N/A
9/30/2015	132,586	-3,650	N/A	6,456	N/A
6/30/2015	137,995	1,968	N/A	9,519	N/A
3/31/2015	139,691	2,193	N/A	10,287	N/A
12/31/2014	134,778	320	N/A	6,338	N/A
9/30/2014	129,264	1,383	N/A	2,506	N/A
6/30/2014	124,013	1,033	N/A	-188	N/A
3/31/2014	119,653	-1,827	N/A	-1,073	N/A
12/31/2013	118,874	-2,946	N/A	-536	N/A
9/30/2013	123,019	-3,782	N/A	84	N/A
6/30/2013	127,527	-2,141	N/A	4,665	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2609's earnings are forecast to decline over the next 3 years (-40.6% per year).

Earnings vs Market: 2609's earnings are forecast to decline over the next 3 years (-40.6% per year).

High Growth Earnings: 2609's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 2609's revenue is expected to decline over the next 3 years (-1.1% per year).

High Growth Revenue: 2609's revenue is forecast to decline over the next 3 years (-1.1% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2609 is forecast to be unprofitable in 3 years.

Yang Ming Marine Transport Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Consensus revenue estimates increase by 23%

Consensus EPS estimates increase by 11%

Price target decreased by 12% to NT$47.33

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 276%, revenue downgraded

Consensus EPS estimates fall by 58%

Recent updates

Yang Ming Marine Transport Corporation Announces CFO Changes, Effective July 16, 2024

Is Yang Ming Marine Transport (TWSE:2609) Weighed On By Its Debt Load?

Earnings Troubles May Signal Larger Issues for Yang Ming Marine Transport (TWSE:2609) Shareholders

Consensus revenue estimates increase by 23%

Full year 2023 earnings: EPS misses analyst expectations

Yang Ming Marine Transport Corporation, Annual General Meeting, May 24, 2024

New major risk - Share price stability

Investor sentiment improves as stock rises 17%

Consensus EPS estimates increase by 11%

Third quarter 2023 earnings: EPS exceeds analyst expectations

Price target decreased by 12% to NT$47.33

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 276%, revenue downgraded

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS exceeds analyst expectations

Consensus EPS estimates fall by 58%

Price target decreased by 9.6% to NT$54.00

New minor risk - Share price stability

Price target decreased by 8.5% to NT$56.75

Upcoming dividend of NT$20.00 per share at 33% yield

Yang Ming Marine Transport Corporation Announces the Member Change of the Risk Management Committee

Yang Ming Marine Transport Corporation Announces Cash Dividend, Payable on August 3, 2023

Consensus EPS estimates increase by 60%, revenue downgraded

Yang Ming Marine Transport Corporation Announces Board Elects

Yang Ming Marine Transport Corp. Announces Board Changes

Consensus EPS estimates fall by 39%, revenue upgraded

First quarter 2023 earnings: EPS exceeds analyst expectations

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to NT$76.20

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Yang Ming Marine Transport Corporation Announces Appointment of Members of the Compensation Committee

Price target decreased to NT$101

Yang Ming Marine Transport Corporation Announces Appointment of Members to the Risk Management Committee

Yang Ming Marine Transport Corporation Announces Resignation of Tze-Chun Wang and Jei-Fuu Chen as Independent Director and as Member of the Audit Committee and Remuneration Committee, Effective September 3, 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Now 24% undervalued after recent price drop

Price target decreased to NT$130

Upcoming dividend of NT$20.00 per share

Yang Ming Marine Transport Corporation Announces Cash Dividend, Payable on July 29, 2022

Consensus revenue estimates increase by 16%

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Consensus revenue estimates increase by 29%

Full year 2021 earnings: EPS exceeds analyst expectations

Investor sentiment improved over the past week

Price target decreased to NT$157

Third quarter 2021 earnings released: EPS NT$14.66 (vs NT$1.05 in 3Q 2020)

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Yang Ming Marine Transport Corporation, Annual General Meeting, May 14, 2021

Yang Ming Marine Transport Corporation Announces Management Changes

Yang Ming Marine Transport Corp. Announces Management Changes

Yang Ming Marine Transport Corporation Appoints Shih, Keh-Her as Director

Yang Ming Marine Transport Corporation and BlueX Trade Partner to Further Revolutionize Integrated Ocean Logistics

Yang Ming Marine Transport Corporation Announces CSO Changes

Yang Ming Marine Transport Corporation Announces Change in Director

Yang Ming Marine Transport Corporation Announces Remuneration Committee Member Changes

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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