Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
Yang Ming Marine Transport Corporation, established in 1972 and headquartered in Keelung, Taiwan, operates globally through its subsidiaries. The company offers a wide range of maritime services, including shipping, vessel repair, and chartering, across major regions such as Taiwan, the United States, Europe, and Asia, as well as other international markets. Beyond its core services, Yang Ming Marine is involved in the procurement and sale of ships, containers, and chassis. It also functions as an agent for property, marine transport, and both international and domestic freight forwarding, in addition to managing shipping operations. The corporation's extensive service portfolio further includes warehouse and terminal management, storage solutions, information system support, insurance, cargo consolidation, container transportation, stevedoring, and comprehensive logistics services.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITD.
Target Price
The average target price of 2609.TW is 68 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre