Yang Ming Marine Transport Corp (2609) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Yang Ming Marine Transport Corp stock TWD 33.65, price TWD 57.50, that is 41.5% below the price, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free
Yang Ming Marine Transport Corp
2609 · TWOur calculation puts a fair price 41% below what the stock costs today.
Risks from the AI analysis
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 41.30 TWD – 122.68 TWD · fair‑value band 25.17 TWD – 39.89 TWD · the 57.50 TWD price screens above the 33.65 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
Every Wednesday you see whether Yang Ming Marine Transport is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Yang Ming Marine Transport Corporation, together with its subsidiaries, provides shipping, repair, and chartering services in Taiwan, the America, Europe, Asia, and internationally. The company purchases and sells ships, containers, and chassis.
Show moreShow less
It acts as a property, shipping, and forwarding and inland forwarding agent, as well as a shipping manager.
In addition, it provides warehouse and terminal operations, as well as container haulage services, information system, insurance, cargo consolidation, container transportation, stevedoring, and logistics services.
Further, it imports and exports; storage and delivery; and other warehousing related business. Yang Ming Marine Transport Corporation was incorporated in 1972 and is headquartered in Keelung, Taiwan.
Stock analysis
Yang Ming Marine Transport Corp (2609) currently trades at 57.50 TWD, while our model-based Fair Value estimate is 33.65 TWD, 41% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Dividend Discount group reads highest at a median of 128.95 TWD per share, and 22 of the 26 models we run sit above the 57.50 TWD price.
Bear case: the Asset-Based group reads lowest at 22.56 TWD, and 4 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: 25.17 TWD (bear) to 39.89 TWD (bull), the price of 57.50 TWD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Industrials sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Yang Ming Marine Transport Corp reported revenue of 164B TWD in FY2025 versus 334B TWD in FY2021, a compound −16.3%/yr. Reported net income was 17.1B TWD in FY2025, compounding −43.3%/yr from FY2021.
Key figures
Market cap 204B TWD (≈ $6.2B) Mid · P/E ratio 13.0 · P/S ratio 1.25 · EPS (TTM) 4.43 TWD · Dividend yield 3.5% · Net margin 9.5% · Return on equity 5.0% · Return on assets (EBIT) 23.3% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −41%, 2609 screens richer than that median.
Fair Value models
All 26 models by family
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
Compare Yang Ming Marine Transport Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Marine Shipping · 220 stocks
Valuation Multiplesvs Marine Shipping median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Revenue growth by industry
- PEG ratio by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Marine Shipping stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| China Merchants Port Holdings 0144 | HK$16.68 | HK$28.60 | +71% | vs 2609 |
| HMM Co 011200 | 22,050 KRW | 30,253 KRW | +37% | vs 2609 |
| Qingdao Port International Co 601298 | ¥9.75 | ¥12.84 | +32% | vs 2609 |
| Ningbo Zhoushan Port Company 601018 | ¥3.56 | ¥4.35 | +22% | vs 2609 |
| The National Shipping Company 4030 | 34.86 SAR | 39.45 SAR | +13% | vs 2609 |
| Shanghai International Port (Group) Co 600018 | ¥5.68 | ¥6.41 | +13% | vs 2609 |
| COSCO SHIPPING Holdings 601919 | ¥17.47 | ¥18.42 | +5% | vs 2609 |
| Hapag-Lloyd Aktiengesellschaft, HLAG | €127.50 | €108.70 | −15% | vs 2609 |
| Wan Hai Lines Ltd 2615 | 107.00 TWD | 67.03 TWD | −37% | vs 2609 |
| Adani Ports and Special Economic Zone Limited ADANIPORTS | ₹1,937 | ₹1,051 | −46% | vs 2609 |
Explore undervalued stocks
More undervalued Industrials stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Yang Ming Marine Transport Corp (2609) overvalued or undervalued?
What is the fair value of 2609?
What is the quality score of 2609?
What is the price target for Yang Ming Marine Transport Corp (2609)?
What is the Yang Ming Marine Transport Corp stock forecast for 2026?
What is the revenue of Yang Ming Marine Transport Corp (2609)?
Does Yang Ming Marine Transport Corp pay a dividend?
How much is the dividend of Yang Ming Marine Transport Corp (2609) and when is the ex-dividend date?
What growth is priced into Yang Ming Marine Transport Corp (2609)?
What discount rate (WACC) does the fair value of 2609 use?
What is a reverse DCF?
How much growth has Yang Ming Marine Transport Corp (2609) delivered so far?
How fast is the sector of Yang Ming Marine Transport Corp (2609) growing?
What is the free cash flow yield of Yang Ming Marine Transport Corp (2609)?
What is the intrinsic value of Yang Ming Marine Transport Corp (2609)?
Is Yang Ming Marine Transport Corp stock overvalued or undervalued in 2026?
Is fair value the same as the market price of 2609?
How much is Yang Ming Marine Transport Corp worth?
What do the bullish and bearish scenarios say about 2609?
What is the P/E ratio of 2609?
What is the PEG ratio of 2609?
How solid is the balance sheet of Yang Ming Marine Transport Corp (2609)?
How far is 2609 from its 52-week high?
Which stocks are comparable to Yang Ming Marine Transport Corp?
Is Yang Ming Marine Transport Corp stock attractive at the current price?
How is the fair value of 2609 calculated?
Is it still worth investing in stocks now?
What is the share price of Yang Ming Marine Transport Corp (2609)?
What should I pay attention to with Yang Ming Marine Transport Corp right now?
Key figures of Yang Ming Marine Transport Corp
How large is the market capitalisation of Yang Ming Marine Transport Corp (2609)?
What is the P/S ratio of Yang Ming Marine Transport Corp (2609)?
What are the earnings per share of Yang Ming Marine Transport Corp (2609)?
What is the dividend yield of Yang Ming Marine Transport Corp (2609)?
What is the net margin of Yang Ming Marine Transport Corp (2609)?
What is the return on equity of Yang Ming Marine Transport Corp (2609)?
What is the EBIT return on assets of Yang Ming Marine Transport Corp (2609)?
What is the operating margin of Yang Ming Marine Transport Corp (2609)?
How fast is revenue growing at Yang Ming Marine Transport Corp (2609)?
How fast are earnings growing at Yang Ming Marine Transport Corp (2609)?
How much net cash does Yang Ming Marine Transport Corp (2609) hold?
Watch Yang Ming Marine Transport Corp in the live analysis
One click puts Yang Ming Marine Transport Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.