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Evergreen Marine Corp. (Taiwan) Ltd. (2603) Stock Price & Analysis

2603 Stock Chart & Stats

NT$246.50-NT$12.50(-4.83%)
At close: 12:30 AM EST
TWD 200TWD 225TWD 250TWD 275Aug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
TWD 236.50 - TWD 249.00
52-Week Range
TWD 178.00 - TWD 274.50
Previous Close
TWD 259.00
Volume
N/A
Average Volume (3M)
11.67M
Market Cap
TWD 533.68B
Enterprise Value
TWD 433.03B
Total Cash (Recent Filing)
TWD 192.09B
Total Debt (Recent Filing)
TWD 202.96B
Price to Earnings (P/E)
9.7
Beta
0.31
Next Earnings
Nov 18, 2026 (Est.)
EPS Estimate
20.29
Last Dividend Ex-Date
Jun 17, 2026
Dividend Yield
6.49%

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

The substantial reduction in leverage from 2020 and currently moderate debt-to-equity provide Evergreen with a more resilient capital structure. This should preserve financial flexibility through shipping downturns and support continued investment or shareholder returns without excessive balance-sheet strain.

Healthy Profitability

Despite normalization from peak industry conditions, an approximately 18% net margin and strong operating profitability indicate that Evergreen remains economically viable and capable of generating meaningful earnings. This profitability provides a durable base for reinvestment and resilience across the cycle.

Positive Cash Generation

Positive operating and free cash flow demonstrate that Evergreen converts a substantial portion of accounting earnings into liquidity. Even with cyclical variation, this supports fleet, container, and logistics investment while providing capacity for dividends and balance-sheet management.

Bears Say

Revenue And Margin Contraction

The latest deterioration in revenue and margins shows that Evergreen's earnings power is sensitive to changing shipping conditions. Lower top-line activity and profitability reduce internally generated funds and make sustained earnings growth less dependable over the next several quarters.

High Earnings Cyclicality

Sharp swings between boom-year earnings and subsequent step-downs make Evergreen's results difficult to forecast and reduce earnings visibility. This cyclicality can affect capital allocation, dividend capacity, and returns on equity even when the underlying business remains profitable.

Weaker Cash Conversion

The decline in free cash flow and operating cash flow below net income indicate weaker earnings-to-cash conversion in the latest year. Combined with higher debt versus 2024, this could constrain financial flexibility if weaker cash generation persists through the shipping cycle.

2603 FAQ

What was Evergreen Marine Corp. (Taiwan) Ltd.’s price range in the past 12 months?
Evergreen Marine Corp. (Taiwan) Ltd. lowest stock price was TWD 178.00 and its highest was TWD 274.50 in the past 12 months.
What is Evergreen Marine Corp. (Taiwan) Ltd.’s market cap?
Evergreen Marine Corp. (Taiwan) Ltd.’s market cap is TWD 533.68B.
When is Evergreen Marine Corp. (Taiwan) Ltd.’s upcoming earnings report date?
Evergreen Marine Corp. (Taiwan) Ltd.’s next earnings report is estimated for Nov 18, 2026 (not yet confirmed), which is in 8 days.
How were Evergreen Marine Corp. (Taiwan) Ltd.’s earnings last quarter?
Evergreen Marine Corp. (Taiwan) Ltd. released its earnings results on Aug 13, 2026. The company reported TWD 7.41 earnings per share for the quarter, missing the consensus estimate of TWD 7.755 by -TWD 0.345.
Is Evergreen Marine Corp. (Taiwan) Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Evergreen Marine Corp. (Taiwan) Ltd. pay dividends?
Evergreen Marine Corp. (Taiwan) Ltd. pays a ― dividend of TWD 16 which represents an annual dividend yield of 6.49%. See more information on Evergreen Marine Corp. (Taiwan) Ltd. dividends here
What is Evergreen Marine Corp. (Taiwan) Ltd.’s EPS estimate?
Evergreen Marine Corp. (Taiwan) Ltd.’s EPS estimate is 20.29.
How many shares outstanding does Evergreen Marine Corp. (Taiwan) Ltd. have?
Evergreen Marine Corp. (Taiwan) Ltd. has 2,165,043,000 shares outstanding.
What happened to Evergreen Marine Corp. (Taiwan) Ltd.’s price movement after its last earnings report?
Evergreen Marine Corp. (Taiwan) Ltd. reported an EPS of TWD 7.41 in its last earnings report, missing expectations of TWD 7.755. Following the earnings report the stock price went up 0.466%.
Which hedge fund is a major shareholder of Evergreen Marine Corp. (Taiwan) Ltd.?
Currently, no hedge funds are holding shares in TW:2603
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology