Yang Ming Marine Transport stock
2609.TWTAIYang Ming Marine Transport Corporation, IndustrialsISIN TW0002609005
56Score 56 out of 100, Neutral
Price and trend
61 / 100
Price history
+7.6% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 5.9% above it.
Since September 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 37).
The price is 12% below its 52-week high. Largest decline in 20 years: 92% (January 2011 to March 2020).
Chart figures for advanced users
- SMA 50$1.84
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$1.67
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)37
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$1.46
- The lowest closing price of the last twelve months.
- Resistance$2.01
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Yang Ming Marine Transport Corporation belongs to the Marine Shipping industry (Taiwan) and, with a market value of $6.19B, is number 25 of 71 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $4.98B (down 26.6% year on year) and earnings of $520.45M (down 73.4%).
- For fiscal 2026, analysts expect on average revenue of $6.14B (up 23.4%) and adjusted earnings per share of $0.27 (up 82.6%).
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- MEQIRI Score 56 out of 100 (Neutral): rank 656 of 1023 in Industrials, median 61.
- The P/E is 7.3 (Marine Shipping median 10.5, own median of recent years 6.5).
- Our model puts fair value at $2.22, with the price 19% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $5.53B, financial debt $557.53M.Stability 73
Weaknesses
- Analysts expect falling earningsDown 31.7% a year through 2027 (estimates from 4 analysts).Growth 43
- Margin fallingOperating margin 9%, average of the prior years 30.3% (to 2024).Profitability 50
- DilutionShare count up 34% since 2020.Capital allocation 42
Its standout strengths are valuation and stability, while growth and capital allocation hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 46 to 56.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $1.71 and expensive above $3.17 (uncertainty medium, based on the price swings of the past year).
The two parts of the fair value come to $1.87 (cash-flow model) and $2.57 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $2.08, at 7.8% it would be $2.42.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (10.5).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 3.5% on the twelve months before. Revenue has changed sharply in recent years: $4.98B in 2025 after $11.44B in 2022.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 15%, operating 9%, net 10%.
Debt & balance sheet
latest quarterLow debt, and interest is adequately covered.
Earnings
- Next earnings
- 17 Mar 2027in 125 days
- Last reported
- 10 Nov 2026EPS reported $0.16 (expected $0.15)above expectations
Analyst estimates
Earnings estimates have barely changed since 28 Oct 2026.
- Earnings per share
- $0.270.0%
- Revenue
- $6.14B0.0%
- Earnings per share
- $0.150.0%
- Revenue
- $5.56B0.0%
MEQIRI has stored the estimates since 28 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
What happened at Yang Ming Marine Transport
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1023 rated companies in Industrials
- This company
- 56
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Marine Shipping
The next larger and next smaller companies by market value
- JSW InfrastructureJSWINFRA.NS $8.59B66
- Wallenius WilhelmsenWAWI.OL $7.63B70
- KirbyKEX $6.77B55
- MatsonMATX $6.28B69
- International SeawaysINSW $5.18B74
- Cmb.TechCMBT.BR $5.01B61
- HafniaHAFN $4.98B72
- Scorpio TankersSTNG $4.19B72
ETFs that hold Yang Ming Marine Transport
Held by 26 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares EM Dividend UCITS ETFEUNY | 1.95% | 0.65% | €1.25B |
| Fidelity Emerging Markets Quality Income UCITS ETF ACC-USDFYEM | 0.24% | 0.50% | €243.42M |
| iShares MSCI EM Small Cap UCITS ETFEUNI | 0.20% | 0.74% | €274.03M |
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| State Street SPDR MSCI Emerging Markets Small Cap UCITS ETFSPYX | 0.19% | 0.55% | €516.44M |
| Invesco RAFI Emerging Markets Fundamental Value UCITS ETF6PSK | 0.13% | 0.49% | €85.48M |
| Franklin FTSE Asia ex China ex Japan UCITS ETFFVSJ | 0.04% | 0.14% | €481.03M |
| Avantis Emerging Markets Equity UCITS ETF USD AccAVEM | 0.04% | 0.35% | €277.45M |
| State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist)ZPRI | 0.04% | 0.40% | €622.34M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = NT$32.8500)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 12 Nov 2026, previously Weak
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.