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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 Nippon Yusen Kabushiki Kaisha's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:
NGO:9101'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.
Nippon Yusen Kabushiki Kaisha (NGO:9101) 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.
Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Related Terms
Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Historical Data
* Premium members only.
The historical data trend for Nippon Yusen Kabushiki Kaisha'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.
Nippon Yusen Kabushiki Kaisha Average Time Charter Equivalent Rates (USD) Chart
What does a Average Time Charter Equivalent Rates (USD) of 0.00 mean?
Nippon Yusen Kabushiki Kaisha (NGO:9101) 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 Nippon Yusen Kabushiki Kaisha and its competitors.
Is Nippon Yusen Kabushiki Kaisha's Average Time Charter Equivalent Rates (USD) too high?
Nippon Yusen Kabushiki Kaisha's current Average Time Charter Equivalent Rates (USD) is 0.00. Overall, Nippon Yusen Kabushiki Kaisha has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Yusen Kabushiki Kaisha's Average Time Charter Equivalent Rates (USD) compare to competitors?
Nippon Yusen Kabushiki Kaisha'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 Nippon Yusen Kabushiki Kaisha and its competitors. Nippon Yusen Kabushiki Kaisha'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 Nippon Yusen Kabushiki Kaisha stock overvalued right now?
Nippon Yusen Kabushiki Kaisha (NGO:9101) has a current Average Time Charter Equivalent Rates (USD) of 0.00. The stock's GF Value™ is 円580.58, compared to a current price of 円760.00 — trading 30.9% above its estimated fair value. The current Average Time Charter Equivalent Rates (USD) is 0.00. Nippon Yusen Kabushiki Kaisha's overall GF Score™ is 67/100 with 8 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 Nippon Yusen Kabushiki Kaisha (NGO:9101), 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 Nippon Yusen Kabushiki Kaisha (NGO:9101) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Yusen Kabushiki Kaisha stock appears to be overvalued.
The current stock price of 円760.00 is trading 30.9% above its estimated GF Value™ of 円580.58.
Key valuation signals for NGO:9101:
Average Time Charter Equivalent Rates (USD): 0.00
GF Value™: 円580.58 vs. price of 円760.00 (30.9% above fair value)
No single metric tells the full story. See the NGO:9101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Yusen Kabushiki Kaisha is a Japan-based shipping and transportation company. The company operates through seven segments. The Automotive Business covers ocean-going cargo shipping and automobile logistics. Dry Bulk Cargo Business focuses on bulk cargo transport and ship chartering. Energy Business handles shipping and chartering related to energy transport. Liner & Logistics Business includes Air Transport, Liner Shipping with agency, container terminal, port, and tugboat operations, and Logistics covering warehousing, freight forwarding, and coastal freight. Other Business involves real estate leasing and sales, passenger ship services, machinery and equipment wholesale, transportation support, information processing, and petroleum product sales.
67GF Score
Get the complete analysis for NGO:9101
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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