Yang Ming Marine Transport (TPE:2609) ROCE %: 2.79% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2609 Yang Ming Marine Transport Corp TPE:2609
70 GF Score
Price NT$50.20
GF Value NT$53.43
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Yang Ming Marine Transport ROCE %?

Yang Ming Marine Transport TPE:2609 70 ROCE % is 2.79% as of Dec. 2025. GuruFocus rates TPE:2609 with a GF Score™ of 70/100 and a GF Value™ of NT$53.43 (Fairly Valued). The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Yang Ming Marine Transport's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.79%.

Yang Ming Marine Transport  (TPE:2609) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Yang Ming Marine Transport ROCE % Related Terms

Yang Ming Marine Transport ROCE % Historical Data

* Premium members only.

The historical data trend for Yang Ming Marine Transport's ROCE % 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.

Yang Ming Marine Transport ROCE % Chart

Yang Ming Marine Transport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.82 63.50 3.58 21.07 6.36

Yang Ming Marine Transport Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 15.96 9.99 4.28 8.59 2.79
TPE:2609
70GF Score
Yang Ming Marine Transport Corp TPE:2609
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yang Ming Marine Transport ROCE % Calculation

Yang Ming Marine Transport's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=27039.373/( ( (484132.909 - 44610.875) + (454228.37 - 44069.017) )/ 2 )
=27039.373/( (439522.034+410159.353)/ 2 )
=27039.373/424840.6935
=6.36 %

Yang Ming Marine Transport's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=11375.016/( ( (448859.631 - 43740.651) + (454228.37 - 44069.017) )/ 2 )
=11375.016/( ( 405118.98 + 410159.353 )/ 2 )
=11375.016/407639.1665
=2.79 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

* 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 ROCE % →
What does a ROCE % of 2.79% mean?
Yang Ming Marine Transport (TPE:2609) has a ROCE % of 2.79% as of Dec. 2025.
Is Yang Ming Marine Transport's ROCE % too high?
Yang Ming Marine Transport's current ROCE % is 2.79%. The Transportation industry median ROCE % is 7.73. Yang Ming Marine Transport's value of 2.79% is 63.9% below this industry median. Overall, Yang Ming Marine Transport has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Yang Ming Marine Transport's ROCE % compare to competitors?
Yang Ming Marine Transport's ROCE % of 2.79% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Yang Ming Marine Transport's value of 2.79% is 63.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 990 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yang Ming Marine Transport's current ROCE % of 2.79% is 63.9% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yang Ming Marine Transport's current ROCE % is 2.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yang Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, Yang Ming Marine Transport (TPE:2609) is currently considered Fairly Valued. The stock's GF Value™ is NT$53.43, compared to a current price of NT$50.20 — trading 6% below its estimated fair value. The current ROCE % is 2.79% and 63.9% below the Transportation industry median of 7.73. Yang Ming Marine Transport's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Yang Ming Marine Transport (TPE:2609), the current ROCE % is 2.79% as of Dec. 2025. 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 Yang Ming Marine Transport (TPE:2609) Overvalued in 2026?

Based on GuruFocus' analysis, Yang Ming Marine Transport stock appears to be undervalued. The current stock price of NT$50.20 is trading 6% below its estimated GF Value™ of NT$53.43. GuruFocus considers Yang Ming Marine Transport to be Fairly Valued.

Key valuation signals for TPE:2609:

  • ROCE %: 2.79%
  • GF Value™: NT$53.43 vs. price of NT$50.20 (6% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 63.9% below the Transportation median

No single metric tells the full story. See the TPE:2609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yang Ming Marine Transport Business Description

Address Ming De 1st Road, No. 271, Qidu District, Keelung, TWN, 206006
Yang Ming Marine Transport Corp mainly engages in the shipping, repair, chartering, and sale and purchase of ships, containers, and chassis. Additionally, it operates as a shipping agency. The Group's reportable operating segments are: Containership, which generates maximum revenue, Bulk Shipping, and Other. These segments have been aggregated into a single operating segment. Geographically, the Group generates maximum revenue from Europe, followed by Asia, America, and its domestic market.
70GF Score

Get the complete analysis for TPE:2609

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

NT$50.20
Price
NT$53.43
GF Value