First Steamship Co (TPE:2601) Moat Score: 0/10 (As of Jul. 08, 2026)


TPE:2601 First Steamship Co Ltd TPE:2601
50 GF Score
Price NT$6.87
GF Value NT$2.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is First Steamship Co Moat Score?

First Steamship Co has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

First Steamship Co has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes First Steamship Co might have No Moat - No discernible moat.

First Steamship Co  (TPE:2601) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

First Steamship Co Moat Score Related Terms

TPE:2601
50GF Score
First Steamship Co Ltd TPE:2601
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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$6.87 is trading 233.5% above its estimated GF Value™ of NT$2.06. GuruFocus considers First Steamship Co to be Significantly Overvalued.

Key valuation signals for TPE:2601:

  • Moat Score: 0
  • GF Value™: NT$2.06 vs. price of NT$6.87 (233.5% above fair value)
  • GF Score™: 50/100 with 7 warning signs

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.
50GF Score

Get the complete analysis for TPE:2601

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

NT$6.87
Price
NT$2.06
GF Value