` 2606 (U-Ming Marine Transport Corp) vs Taiwan Weighted Index Comparison - Alpha Spread

2606
vs
Taiwan Weighted Index

Over the past 12 months, has underperformed Taiwan Weighted Index, delivering a return of -7% compared to the Taiwan Weighted Index's 1% drop.

Stocks Performance
2606 vs Taiwan Weighted Index

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2606
Taiwan Weighted Index
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Performance Gap
2606 vs Taiwan Weighted Index

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2606
Taiwan Weighted Index
Difference
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Performance By Year
2606 vs Taiwan Weighted Index

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2606
Taiwan Weighted Index
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Competitors Performance
U-Ming Marine Transport Corp vs Peers

Taiwan Weighted Index
2606
601919
HLAG
MAERSK B
KNIN
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U-Ming Marine Transport Corp
Glance View

Market Cap
47.4B TWD
Industry
Marine

U-Ming Marine Transport Corporation, based in Taiwan, has navigated the waves of the maritime industry with precision and steadfastness, etching its presence as a significant player in the global shipping arena. Established in 1984, the company is part of the Far Eastern Group, which has diversified interests spanning from petrochemicals to cement. U-Ming specializes in the transportation of dry bulk commodities, including iron ore, cement, and coal, pivotal to numerous industries worldwide. This specialization underscores its operational focus on large-scale vessels like Capesize and Panamax, allowing the company to cater to the voluminous demands of international trade. By leveraging strategic long-term contracts with major clients, U-Ming ensures a stable revenue stream, mitigating the volatile nature of spot market rates that often characterize the shipping industry. The core of U-Ming's operational strategy lies in its commitment to fleet modernization and environmental sustainability, striving to achieve greater efficiency through the adoption of advanced technology and eco-friendly practices. Employing a state-of-the-art fleet management system, the company optimizes routes and fuel use, aiming to reduce costs while enhancing service reliability. It is also actively investing in vessels equipped with scrubbers and, increasingly, dual-fuel technologies to comply with international regulations on emissions and maintain its competitive edge. Thus, U-Ming's business model integrates long-term contractual stability with an agile approach to technological and regulatory shifts, allowing it to steadily chart growth in the ever-evolving maritime landscape.

Intrinsic Value
71.38 TWD
Undervaluation 21%
Intrinsic Value
Price
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