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Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. It is calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days.
The historical rank and industry rank for Grupo TMM's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:
MEX:TMMA's Average Time Charter Equivalent Rates (USD) is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.
Grupo TMM (MEX:TMMA) Average Time Charter Equivalent Rates (USD) Explanation
Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by first taking voyage revenues and subtracting voyage expenses, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.
The TCE is a way to describe chartering opportunities in a standardized way to make comparisons easier. It is used by cargo brokers in the shipping industry to present chartering opportunities to shipowners since chartering opportunities differ widely in potential revenues and costs.
Grupo TMM Average Time Charter Equivalent Rates (USD) Related Terms
Grupo TMM Average Time Charter Equivalent Rates (USD) Historical Data
* Premium members only.
The historical data trend for Grupo TMM's Average Time Charter Equivalent Rates (USD) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Grupo TMM Average Time Charter Equivalent Rates (USD) Chart
What does a Average Time Charter Equivalent Rates (USD) of 0.00 mean?
Grupo TMM (MEX:TMMA) has a Average Time Charter Equivalent Rates (USD) of 0.00 as of . 20. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on Grupo TMM and its competitors.
Is Grupo TMM's Average Time Charter Equivalent Rates (USD) too high?
Grupo TMM's current Average Time Charter Equivalent Rates (USD) is 0.00. Overall, Grupo TMM has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo TMM's Average Time Charter Equivalent Rates (USD) compare to KEX?
Grupo TMM's Average Time Charter Equivalent Rates (USD) of 0.00 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Average Time Charter Equivalent Rates (USD) for a Transportation company?
A good Average Time Charter Equivalent Rates (USD) depends on the Transportation industry context. However, Average Time Charter Equivalent Rates (USD) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Average Time Charter Equivalent Rates (USD) mean?
A high Average Time Charter Equivalent Rates (USD) can signal that a stock is expensive relative to its fundamentals. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on Grupo TMM and its competitors. Grupo TMM's current Average Time Charter Equivalent Rates (USD) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TMM stock overvalued right now?
Based on GuruFocus' analysis, Grupo TMM (MEX:TMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.32, compared to a current price of MXN10.00 — trading 131.5% above its estimated fair value. The current Average Time Charter Equivalent Rates (USD) is 0.00. Grupo TMM's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Average Time Charter Equivalent Rates (USD) calculated?
Average Time Charter Equivalent Rates (USD) is calculated from a company's financial statements. For Grupo TMM (MEX:TMMA), the current Average Time Charter Equivalent Rates (USD) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Grupo TMM (MEX:TMMA) Overvalued in 2026?
Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued.
The current stock price of MXN10.00 is trading 131.5% above its estimated GF Value™ of MXN4.32.
GuruFocus considers Grupo TMM to be Significantly Overvalued.
Key valuation signals for MEX:TMMA:
Average Time Charter Equivalent Rates (USD): 0.00
GF Value™: MXN4.32 vs. price of MXN10.00 (131.5% above fair value)
No single metric tells the full story. See the MEX:TMMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments: the Maritime division, the Maritime Infrastructure division, the Logistics, Ports and terminals division, and the Warehousing division. The Maritime division includes transporting bulk liquid products, materials, provisions for drilling platforms, and ship towing services. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities.
47GF Score
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Average Time Charter Equivalent Rates (USD) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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