Yang Ming Marine Transport Future Growth

Future criteria checks 0/6

Yang Ming Marine Transport's revenue and earnings are forecast to decline at 3.6% and 49.7% per annum respectively. EPS is expected to decline by 49.7% per annum. Return on equity is forecast to be 1.7% in 3 years.

Key information

-49.7%

Earnings growth rate

-49.7%

EPS growth rate

Shipping earnings growth	-17.6%
Revenue growth rate	-3.6%
Future return on equity	1.7%
Analyst coverage	Low
Last updated	30 Aug 2024

Recent future growth updates

Recent updates

Yang Ming Marine Transport Corporation's (TWSE:2609) Shares Lagging The Market But So Is The Business

Sep 11

Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00

Jun 26

Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year

Jun 11

Yang Ming Marine Transport (TWSE:2609) Is Looking To Continue Growing Its Returns On Capital

Jun 10

Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic

May 22

Yang Ming Marine Transport Corporation (TWSE:2609) Stock Catapults 36% Though Its Price And Business Still Lag The Industry

May 10

Is There Now An Opportunity In Yang Ming Marine Transport Corporation (TWSE:2609)?

May 03

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
12/31/2026	158,371	N/A	N/A	N/A	1
12/31/2025	158,888	8,263	12,124	64,501	3
12/31/2024	206,400	48,500	23,015	90,390	1
6/30/2024	165,015	24,770	26,588	43,288	N/A
3/31/2024	147,472	10,752	-11,550	5,058	N/A
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	N/A	22	N/A
12/31/2017	131,078	321	N/A	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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2609's earnings are forecast to decline over the next 3 years (-49.7% per year).

Earnings vs Market: 2609's earnings are forecast to decline over the next 3 years (-49.7% 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 (-3.6% per year).

High Growth Revenue: 2609's revenue is forecast to decline over the next 3 years (-3.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2609's Return on Equity is forecast to be low in 3 years time (1.7%).

Yang Ming Marine Transport Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased by 19% to NT$67.67

Consensus EPS estimates increase by 23%

Consensus EPS estimates increase by 22%

Price target increased by 10% to NT$83.50

Price target increased by 14% to NT$55.00

Consensus EPS estimates increase by 15%

Recent updates

Yang Ming Marine Transport Corporation's (TWSE:2609) Shares Lagging The Market But So Is The Business

Second quarter 2024 earnings: EPS exceeds analyst expectations

Yang Ming Marine Transport Corporation Announces Change of Chief Strategy Officer, Effective August 16, 2024

Yang Ming Marine Transport Corporation to Report Q2, 2024 Results on Aug 12, 2024

Yang Ming Marine Transport Corporation Announces Change of President, Effective August 1, 2024

Yang Ming Marine Transport Corp. Announces Resignation of Tsai Feng-Ming as Independent Director from His Positions on the Audit, Compensation, and Risk Management Committees

Price target decreased by 19% to NT$67.67

Consensus EPS estimates increase by 23%

Upcoming dividend of NT$2.00 per share

Yang Ming Marine Transport (TWSE:2609) Is Reducing Its Dividend To NT$2.00

New major risk - Share price stability

Yang Ming Marine Transport Corporation announced that it expects to receive TWD 427.6615 million in funding from CMC Magnetics Corporation

Yang Ming Marine Transport (TWSE:2609) Will Pay A Smaller Dividend Than Last Year

Consensus EPS estimates increase by 22%

Dividend reduced to NT$2.00

Yang Ming Marine Transport (TWSE:2609) Is Looking To Continue Growing Its Returns On Capital

Yang Ming Marine Transport Corporation Announces Cash Dividend, Payable on July 31, 2024

Price target increased by 10% to NT$83.50

Yang Ming Marine Transport Corporation Announces Cash Dividend, Payable on July 31, 2024

Investor sentiment improves as stock rises 16%

Yang Ming Marine Transport Corporation Approves the Election of Directors

Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 14% to NT$55.00

Consensus EPS estimates increase by 15%

Yang Ming Marine Transport Corporation (TWSE:2609) Stock Catapults 36% Though Its Price And Business Still Lag The Industry

Investor sentiment improves as stock rises 20%

Yang Ming Marine Transport Corporation to Report Q1, 2024 Results on May 10, 2024

Is There Now An Opportunity In Yang Ming Marine Transport Corporation (TWSE:2609)?

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