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Yang Ming Marine Transport Corp. (2609) Stock Price & Analysis

2609 Stock Chart & Stats

NT$57.10-NT$2.90(-4.83%)
At close: 12:30 AM EST
TWD 50TWD 55TWD 60TWD 65Aug 10Aug 24Sep 7Sep 21Oct 5Oct 19Nov 2
Day’s Range
TWD 54.90 - TWD 57.70
52-Week Range
TWD 47.25 - TWD 69.90
Previous Close
TWD 60.00
Volume
N/A
Average Volume (3M)
21.29M
Market Cap
TWD 199.40B
Enterprise Value
TWD 19.11B
Total Cash (Recent Filing)
TWD 181.68B
Total Debt (Recent Filing)
TWD 18.31B
Price to Earnings (P/E)
13.0
Beta
0.35
Next Earnings
Nov 18, 2026 (Est.)
EPS Estimate
4.97
Last Dividend Ex-Date
Jul 14, 2026
Dividend Yield
3.50%

Bulls Say, Bears Say

Bulls Say

Conservative Leverage

The very low debt burden gives Yang Ming meaningful financial resilience during weaker freight markets and reduces pressure from interest obligations. This supports liquidity, preserves flexibility for fleet and logistics investment, and improves the company’s ability to withstand cyclical downturns.

Integrated Shipping Network

Yang Ming combines scheduled container shipping with related logistics, container handling, and intermodal transport across a network of ports, subsidiaries, and service partners. This integrated operating platform broadens service capability and supports customer coverage across international trade flows.

Continued Profitability

Although profitability has fallen from exceptional cycle highs, the company remained profitable in 2025 with an approximately 10% net margin. Positive earnings provide an internal funding base and indicate that the business retains economic viability despite weaker revenue and freight-market conditions.

Bears Say

Weakening Revenue

The 2025 revenue contraction indicates weaker operating momentum and exposes Yang Ming to softer demand or freight-rate conditions. Lower revenue can reduce fleet utilization and operating leverage, making it harder to sustain prior earnings levels over the next several quarters.

Severe Cash Conversion Deterioration

The sharp decline in free cash flow means reported profits are translating into substantially less cash available for reinvestment, debt service, or shareholder returns. Continued weak conversion could constrain capital allocation and make earnings quality more dependent on working-capital movements or investment timing.

Freight-Cycle Exposure

The steep margin normalization demonstrates substantial sensitivity to freight-rate cycles and demand swings. Even with a sound balance sheet, recurring industry volatility can produce wide changes in profitability, reduce return potential, and make medium-term earnings less predictable.

2609 FAQ

What was Yang Ming Marine Transport Corp.’s price range in the past 12 months?
Yang Ming Marine Transport Corp. lowest stock price was TWD 47.25 and its highest was TWD 69.90 in the past 12 months.
What is Yang Ming Marine Transport Corp.’s market cap?
Yang Ming Marine Transport Corp.’s market cap is TWD 199.40B.
When is Yang Ming Marine Transport Corp.’s upcoming earnings report date?
Yang Ming Marine Transport Corp.’s next earnings report is estimated for Nov 18, 2026 (not yet confirmed), which is in 8 days.
How were Yang Ming Marine Transport Corp.’s earnings last quarter?
Yang Ming Marine Transport Corp. released its earnings results on Aug 12, 2026. The company reported TWD 1.64 earnings per share for the quarter, beating the consensus estimate of TWD 1.44 by TWD 0.2.
Is Yang Ming Marine Transport Corp. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Yang Ming Marine Transport Corp. pay dividends?
Yang Ming Marine Transport Corp. pays a ― dividend of TWD 2 which represents an annual dividend yield of 3.5%. See more information on Yang Ming Marine Transport Corp. dividends here
What is Yang Ming Marine Transport Corp.’s EPS estimate?
Yang Ming Marine Transport Corp.’s EPS estimate is 4.97.
How many shares outstanding does Yang Ming Marine Transport Corp. have?
Yang Ming Marine Transport Corp. has 3,492,104,200 shares outstanding.
What happened to Yang Ming Marine Transport Corp.’s price movement after its last earnings report?
Yang Ming Marine Transport Corp. reported an EPS of TWD 1.64 in its last earnings report, beating expectations of TWD 1.44. Following the earnings report the stock price went down -0.577%.
Which hedge fund is a major shareholder of Yang Ming Marine Transport Corp.?
Currently, no hedge funds are holding shares in TW:2609
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