Yang Ming Marine Transport (TPE:2609) ROE %: 2.83% (As of Dec. 2025) — 15% Below Median

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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
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What is Yang Ming Marine Transport ROE %?

Yang Ming Marine Transport TPE:2609 70 ROE % is 2.83% as of Dec. 2025, which is 15% below its 10-year median of 3.34. 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. Among 986 Transportation companies, Yang Ming Marine Transport ranks worse than 63.08% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Yang Ming Marine Transport's annualized net income for the quarter that ended in Dec. 2025 was NT$9,148 Mil. Yang Ming Marine Transport's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was NT$323,042 Mil. Therefore, Yang Ming Marine Transport's annualized ROE % for the quarter that ended in Dec. 2025 was 2.83%.

The historical rank and industry rank for Yang Ming Marine Transport's ROE % or its related term are showing as below:

TPE:2609' s ROE % Range Over the Past 10 Years
Min: -63.66   Med: 3.34   Max: 122.71
Current: 5.19

During the past 13 years, Yang Ming Marine Transport's highest ROE % was 122.71%. The lowest was -63.66%. And the median was 3.34%.

TPE:2609's ROE % is ranked worse than
63.08% of 986 companies
in the Transportation industry
Industry Median: 7.595 vs TPE:2609: 5.19

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=9147.76/323041.7565
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9147.76 / 149170.488)*(149170.488 / 451544.0005)*(451544.0005 / 323041.7565)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.13 %*0.3304*1.3978
=ROA %*Equity Multiplier
=2.03 %*1.3978
=2.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=9147.76/323041.7565
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9147.76 / 7835.264) * (7835.264 / -2823.752) * (-2823.752 / 149170.488) * (149170.488 / 451544.0005) * (451544.0005 / 323041.7565)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1675 * -2.7748 * -1.89 % * 0.3304 * 1.3978
=2.83 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Yang Ming Marine Transport ROE % Related Terms


Yang Ming Marine Transport ROE % Historical Data

* Premium members only.

The historical data trend for Yang Ming Marine Transport's ROE % 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 ROE % Chart

Yang Ming Marine Transport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.71 62.63 1.54 20.79 5.13

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
ROE % 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 15.10 9.01 1.19 7.68 2.83

Yang Ming Marine Transport ROE % Competitor Comparison

For the Marine Shipping subindustry, Yang Ming Marine Transport's ROE %, along with its competitors' market caps and ROE % 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.


Yang Ming Marine Transport ROE % vs Transportation Industry

For the Transportation industry and Industrials sector, Yang Ming Marine Transport's ROE % distribution charts can be found below:

* The bar in red indicates where Yang Ming Marine Transport's ROE % falls into.


TPE:2609
70GF Score
Yang Ming Marine Transport Corp TPE:2609
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yang Ming Marine Transport ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=17096.937/( (340538.392+325850.67)/ 2 )
=17096.937/333194.531
=5.13 %

Yang Ming Marine Transport's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=9147.76/( (320232.843+325850.67)/ 2 )
=9147.76/323041.7565
=2.83 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 2.83% mean?
Yang Ming Marine Transport (TPE:2609) has a ROE % of 2.83% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Yang Ming Marine Transport and its competitors. This is 15% below median its historical median of 3.34. According to the industry distribution chart, Yang Ming Marine Transport ranks #622 out of 986 companies in the Transportation industry, placing it in the top 63.1%.
Is Yang Ming Marine Transport's ROE % too high?
Yang Ming Marine Transport's current ROE % of 2.83% is 15% below median its 10-year median of 3.34. The Transportation industry median ROE % is 7.60. Yang Ming Marine Transport's value of 2.83% is 62.7% below this industry median. Based on the distribution chart, Yang Ming Marine Transport ranks #622 out of 986 companies in the Transportation industry, which is below the industry midpoint. 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 ROE % compare to competitors?
According to the Transportation industry distribution chart, Yang Ming Marine Transport ranks #622 out of 986 companies for ROE %. This places Yang Ming Marine Transport in the lower half of its industry. The industry median ROE % is 7.60. Yang Ming Marine Transport's value of 2.83% is 62.7% below this benchmark. While the company's 10-year median is 3.34 vs. the industry median of 7.60, Yang Ming Marine Transport has consistently been below 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.60, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Yang Ming Marine Transport's current ROE % of 2.83% is 62.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Yang Ming Marine Transport and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yang Ming Marine Transport's current ROE % is 2.83%, which is 15% below median its own 10-year median of 3.34. 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 ROE % is 2.83%, which is 15% below median its 10-year median of 3.34 and 62.7% below the Transportation industry median of 7.60. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Yang Ming Marine Transport (TPE:2609), the current ROE % is 2.83% 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:

  • ROE %: 2.83% (15% below median its 10-year median of 3.34)
  • 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: 62.7% below the Transportation median (#622 of 986)

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

ROE % 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