First Steamship Co (TPE:2601) EBITDA Margin %: 35.16% (As of Mar. 2026) — 13% Below Median

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TPE:2601 First Steamship Co Ltd TPE:2601
52 GF Score
Price NT$6.23
GF Value NT$1.47
Valuation Significantly Overvalued
! 8 Warning Signs
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What is First Steamship Co EBITDA Margin %?

First Steamship Co TPE:2601 -1.42% 52 EBITDA Margin % is 35.16% as of Mar. 2026, which is 13% below its 10-year median of 40.55. GuruFocus rates TPE:2601 with a GF Score™ of 52/100 and a GF Value™ of NT$1.47 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,132 Retail - Cyclical companies, First Steamship Co ranks better than 99.56% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. First Steamship Co's EBITDA for the three months ended in Mar. 2026 was NT$199.7 Mil. First Steamship Co's Revenue for the three months ended in Mar. 2026 was NT$568.0 Mil. Therefore, First Steamship Co's EBITDA margin for the quarter that ended in Mar. 2026 was 35.16%.


First Steamship Co  (TPE:2601) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


First Steamship Co EBITDA Margin % Related Terms


First Steamship Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for First Steamship Co's EBITDA Margin % 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.

First Steamship Co EBITDA Margin % Chart

First Steamship Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.04 44.99 12.26 138.67 134.62

First Steamship Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.24 43.98 43.37 -38.51 35.16

TPE:2601 vs DDS, M: EBITDA Margin % Comparison

For the Department Stores subindustry, First Steamship Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Steamship Co EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, First Steamship Co's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where First Steamship Co's EBITDA Margin % falls into.


TPE:2601
52GF Score
First Steamship Co Ltd TPE:2601
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Steamship Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

First Steamship Co's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2004.95/1489.351
=134.62 %

First Steamship Co's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=199.71/568.015
=35.16 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 35.16% mean?
First Steamship Co (TPE:2601) has a EBITDA Margin % of 35.16% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Steamship Co and its competitors. This is 13% below median its historical median of 40.55. Over the past decade, First Steamship Co's EBITDA Margin % has ranged from 11.36 to 189.98. According to the industry distribution chart, First Steamship Co ranks #5 out of 1132 companies in the Retail - Cyclical industry, placing it in the top 0.40000000000001%.
Is First Steamship Co's EBITDA Margin % too high?
First Steamship Co's current EBITDA Margin % of 35.16% is 13% below median its 10-year median of 40.55. Over the past 10 years, this metric has ranged from a low of 11.36 to a high of 189.98. The Retail - Cyclical industry median EBITDA Margin % is 7.51. First Steamship Co's value of 35.16% is 368.2% above this industry median. Based on the distribution chart, First Steamship Co ranks #5 out of 1132 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, First Steamship Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Steamship Co's EBITDA Margin % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, First Steamship Co ranks #5 out of 1132 companies for EBITDA Margin %. This places First Steamship Co in the top 0% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.51. First Steamship Co's value of 35.16% is 368.2% above this benchmark. Historically, First Steamship Co's own EBITDA Margin % has ranged from 11.36 to 189.98 over the past decade. While the company's 10-year median is 40.55 vs. the industry median of 7.51, First Steamship Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.51, based on 1,132 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Steamship Co's current EBITDA Margin % of 35.16% is 368.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on First Steamship Co and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Steamship Co's current EBITDA Margin % is 35.16%, which is 13% below median its own 10-year median of 40.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Steamship Co stock overvalued right now?
Based on GuruFocus' analysis, First Steamship Co (TPE:2601) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1.47, compared to a current price of NT$6.23 — trading 323.8% above its estimated fair value. The current EBITDA Margin % is 35.16%, which is 13% below median its 10-year median of 40.55 and 368.2% above the Retail - Cyclical industry median of 7.51. First Steamship Co's overall GF Score™ is 52/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For First Steamship Co (TPE:2601), the current EBITDA Margin % is 35.16% as of Mar. 2026. 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 First Steamship Co (TPE:2601) Overvalued in 2026?

Based on GuruFocus' analysis, First Steamship Co stock appears to be overvalued. The current stock price of NT$6.23 is trading 323.8% above its estimated GF Value™ of NT$1.47. GuruFocus considers First Steamship Co to be Significantly Overvalued.

Key valuation signals for TPE:2601:

  • EBITDA Margin %: 35.16% (13% below median its 10-year median of 40.55)
  • GF Value™: NT$1.47 vs. price of NT$6.23 (323.8% above fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 368.2% above the Retail - Cyclical median (#5 of 1132)

No single metric tells the full story. See the TPE:2601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Steamship Co Business Description

Address Section 2, Fuxing S. Road, 14th Floor., No.237, Da\'an District, Taipei, TWN, 106
First Steamship Co Ltd is engaged in business management consultancy, domestic and international investments, as well as development, rental and sale of residential and commercial buildings. It operates in four segments the Shipping department, the Investing department, the Department Store department, and the Rental department. The Shipping department engages in domestic and international marine transportation and related businesses. The Investing department engages in domestic and international investment business. The Department Store department engages in department store retail industry, and the Rental department engages in automobile finance leasing company businesses. The majority of revenue is derived from the Department Store department segment.
52GF Score

Get the complete analysis for TPE:2601

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$6.23
Price
NT$1.47
GF Value