First Steamship Co (TPE:2601) 3-Year RORE % : -9.52% (As of Dec. 2025)

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TPE:2601 First Steamship Co Ltd TPE:2601
51 GF Score
Price NT$6.70
GF Value NT$2.05
Valuation Significantly Overvalued
! 7 Warning Signs
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What is First Steamship Co 3-Year RORE %?

First Steamship Co TPE:2601 -3.74% 51 3-Year RORE % is -9.52 as of Dec. 2025. GuruFocus rates TPE:2601 with a GF Score™ of 51/100 and a GF Value™ of NT$2.05 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,052 Retail - Cyclical companies, First Steamship Co ranks worse than 61.98% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Steamship Co's 3-Year RORE % for the quarter that ended in Dec. 2025 was -9.52%.

The industry rank for First Steamship Co's 3-Year RORE % or its related term are showing as below:

TPE:2601's 3-Year RORE % is ranked worse than
61.98% of 1052 companies
in the Retail - Cyclical industry
Industry Median: 4.265 vs TPE:2601: -9.52

First Steamship Co  (TPE:2601) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


First Steamship Co 3-Year RORE % Related Terms


First Steamship Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for First Steamship Co's 3-Year RORE % 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 3-Year RORE % Chart

First Steamship Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -136.51 -63.12 120.70 15.42 -9.52

First Steamship Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
3-Year RORE % 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 15.42 15.24 7.69 -0.36 -9.52

TPE:2601 vs DDS, M: 3-Year RORE % Comparison

For the Department Stores subindustry, First Steamship Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, First Steamship Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Steamship Co's 3-Year RORE % falls into.


TPE:2601
51GF Score
First Steamship Co Ltd TPE:2601
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Steamship Co 3-Year RORE % Calculation

First Steamship Co's 3-Year RORE % for the quarter that ended in Dec. 2025 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -1.63--2.01 )/( -3.99-0 )
=0.38/-3.99
=-9.52 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of -9.52 mean?
First Steamship Co (TPE:2601) has a 3-Year RORE % of -9.52 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on First Steamship Co and its competitors. According to the industry distribution chart, First Steamship Co ranks #652 out of 1052 companies in the Retail - Cyclical industry, placing it in the top 62%.
Is First Steamship Co's 3-Year RORE % too high?
First Steamship Co's current 3-Year RORE % is -9.52. Based on the distribution chart, First Steamship Co ranks #652 out of 1052 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, First Steamship Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Steamship Co's 3-Year RORE % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, First Steamship Co ranks #652 out of 1052 companies for 3-Year RORE %. This places First Steamship Co in the lower half of its industry. The industry median 3-Year RORE % is 4.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Retail - Cyclical company?
The median 3-Year RORE % among Retail - Cyclical companies is 4.27, based on 1,052 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on First Steamship Co and its competitors. For the Retail - Cyclical industry, the median 3-Year RORE % is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Steamship Co's current 3-Year RORE % is -9.52. 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$2.05, compared to a current price of NT$6.70 — trading 226.8% above its estimated fair value. The current 3-Year RORE % is -9.52. First Steamship Co's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For First Steamship Co (TPE:2601), the current 3-Year RORE % is -9.52 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 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$6.70 is trading 226.8% above its estimated GF Value™ of NT$2.05. GuruFocus considers First Steamship Co to be Significantly Overvalued.

Key valuation signals for TPE:2601:

  • 3-Year RORE %: -9.52
  • GF Value™: NT$2.05 vs. price of NT$6.70 (226.8% above fair value)
  • GF Score™: 51/100 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.
51GF Score

Get the complete analysis for TPE:2601

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

NT$6.70
Price
NT$2.05
GF Value