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Taiwanese (TAIEX) Marine and Shipping Industry Analysis

UpdatedMay 29, 2024
DataAggregated Company Financials
Companies11
  • 7D10.9%
  • 3M46.7%
  • 1Y38.4%
  • YTD44.6%

In the last week, the Marine and Shipping industry is up 11%, with all of the companies up. This means that the industry has gained 38% over the past year. Looking forward, earnings are forecast to decline by 13% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 29 May 2024NT$1.2tNT$604.8bNT$68.7b15.9x16.9x1.9x
Fri, 26 Apr 2024NT$833.2bNT$572.3bNT$41.2b15.6x20.2x1.5x
Sun, 24 Mar 2024NT$798.0bNT$572.0bNT$42.3b15.5x18.9x1.4x
Tue, 20 Feb 2024NT$753.6bNT$655.0bNT$88.8b11x8.5x1.2x
Thu, 18 Jan 2024NT$772.7bNT$655.1bNT$88.8b10.8x8.7x1.2x
Sat, 16 Dec 2023NT$723.3bNT$654.9bNT$88.8b10.5x8.1x1.1x
Mon, 13 Nov 2023NT$620.4bNT$860.2bNT$238.8b6.9x2.6x0.7x
Wed, 11 Oct 2023NT$654.9bNT$860.1bNT$237.9b9.5x2.8x0.8x
Fri, 08 Sep 2023NT$624.5bNT$860.1bNT$237.9b9.1x2.6x0.7x
Sun, 06 Aug 2023NT$662.0bNT$1.1tNT$428.3b5x1.5x0.6x
Tue, 04 Jul 2023NT$756.4bNT$1.1tNT$429.0b5.6x1.8x0.7x
Thu, 01 Jun 2023NT$830.0bNT$1.1tNT$432.9b4.2x1.9x0.8x
Sat, 29 Apr 2023NT$894.0bNT$1.3tNT$629.5b4.6x1.4x0.7x
Mon, 27 Mar 2023NT$911.8bNT$1.3tNT$629.4b4.8x1.4x0.7x
Wed, 22 Feb 2023NT$868.6bNT$1.5tNT$759.0b4.5x1.1x0.6x
Fri, 20 Jan 2023NT$882.5bNT$1.5tNT$759.0b4.4x1.2x0.6x
Sun, 18 Dec 2022NT$939.0bNT$1.5tNT$759.2b4.5x1.2x0.6x
Tue, 15 Nov 2022NT$894.7bNT$1.5tNT$759.7b4.4x1.2x0.6x
Thu, 13 Oct 2022NT$836.3bNT$1.4tNT$753.9b4.7x1.1x0.6x
Sat, 10 Sep 2022NT$991.9bNT$1.4tNT$753.4b4.6x1.3x0.7x
Mon, 08 Aug 2022NT$1.3tNT$1.4tNT$717.6b6.4x1.8x0.9x
Wed, 06 Jul 2022NT$1.2tNT$1.3tNT$657.2b6.2x1.8x0.9x
Fri, 03 Jun 2022NT$1.8tNT$1.3tNT$657.0b8.7x2.7x1.4x
Sun, 01 May 2022NT$1.8tNT$1.1tNT$526.7b9.9x3.3x1.6x
Tue, 29 Mar 2022NT$1.7tNT$1.1tNT$526.4b9.7x3.2x1.5x
Thu, 24 Feb 2022NT$1.8tNT$911.4bNT$381.3b13.6x4.8x2x
Sat, 22 Jan 2022NT$1.5tNT$911.2bNT$381.2b12.6x3.9x1.6x
Mon, 20 Dec 2021NT$1.9tNT$911.4bNT$381.3b14.4x4.9x2x
Wed, 17 Nov 2021NT$1.5tNT$911.4bNT$381.1b11.2x4x1.7x
Fri, 15 Oct 2021NT$1.4tNT$710.4bNT$222.8b18.6x6.3x2x
Sun, 12 Sep 2021NT$1.9tNT$710.3bNT$222.8b20.4x8.4x2.6x
Tue, 10 Aug 2021NT$1.9tNT$710.3bNT$222.8b20.1x8.5x2.7x
Price to Earnings Ratio

10.5x


Total Market Cap: NT$1.3tTotal Earnings: NT$127.6bTotal Revenue: NT$576.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Marine and Shipping Industry Price to Earnings3Y Average 5.1x202220232024
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 16.9x which is higher than its 3-year average PE of 5.1x.
  • 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 19% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Taiwanese Industrials industry?

TW Market2.89%
Industrials2.18%
Marine and Shipping10.94%
Marine10.94%
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
2615 Wan Hai LinesNT$86.0020.8%
+NT$41.5b		48.3%PE255.4x
2603 Evergreen Marine Corporation (Taiwan)NT$218.004.3%
+NT$19.4b		42.5%PE9.8x
2609 Yang Ming Marine TransportNT$77.107.1%
+NT$17.8b		26.8%PE25x
2637 Wisdom Marine Lines Limited (Cayman)NT$76.204.0%
+NT$2.2b		49.4%PE11.2x
2605 Sincere NavigationNT$32.6012.6%
+NT$2.1b		56.7%PE28.7x
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Latest News

2615

NT$86.00

Wan Hai Lines

7D

20.8%

1Y

48.3%

2605

NT$32.60

Sincere Navigation

7D

12.6%

1Y

56.7%

2609

NT$77.10

Yang Ming Marine Transport

7D

7.1%

1Y

26.8%

2606

NT$59.50

U-Ming Marine Transport

7D

2.1%

1Y

22.9%

Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

May 21
Why U-Ming Marine Transport's (TWSE:2606) Shaky Earnings Are Just The Beginning Of Its Problems

2603

NT$218.00

Evergreen Marine Corporation (Taiwan)

7D

4.3%

1Y

42.5%

5608

NT$23.65

Shih Wei Navigation

7D

11.8%

1Y

3.3%

2617

NT$38.30

Taiwan Navigation

7D

5.1%

1Y

32.1%

2637

NT$76.20

Wisdom Marine Lines Limited (Cayman)

7D

4.0%

1Y

49.4%