Risk factor
Fair trading liquidity
Profitability factor
Low dividends
About
U-Ming Marine Transport Corporation, operating globally with its affiliated entities, specializes in maritime transport services. The company possesses and oversees a substantial fleet of vessels responsible for conveying various bulk commodities, such as cement, petroleum, iron ore, coal, and different grain products. Currently, their active fleet totals 66 ships, boasting a combined deadweight tonnage of 8.25 million. Established in 1968 and based in Taipei, Taiwan, the company was formerly recognized as Yue Ming Transportation Co. U-Ming Marine Transport Corporation functions as a subsidiary of The Far Eastern Group.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair value on E
Target Price
The average target price of 2606.TW is 70 and suggests 2% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation