Taiwan Fire & Marine Insurance Co., Ltd. Logo

Taiwan Fire & Marine Insurance Co., Ltd.

2832.TW

(3.5)
Stock Price

28,25 TWD

5.14% ROA

9.98% ROE

8.87x PER

Market Cap.

10.123.490.000,00 TWD

0.67% DER

4.65% Yield

16.98% NPM

Taiwan Fire & Marine Insurance Co., Ltd. Stock Analysis

Taiwan Fire & Marine Insurance Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Taiwan Fire & Marine Insurance Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.85x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (1%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 ROE

ROE in an average range (8.19%) suggests satisfactory profitability and decent utilization of shareholders' equity.

6 ROA

The stock's ROA (3.69%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

7 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

8 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

10 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (241) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Taiwan Fire & Marine Insurance Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Taiwan Fire & Marine Insurance Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Taiwan Fire & Marine Insurance Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Taiwan Fire & Marine Insurance Co., Ltd. Revenue
Year Revenue Growth
2006 5.992.945.000
2007 7.197.887.000 16.74%
2008 8.079.189.000 10.91%
2009 6.584.725.000 -22.7%
2010 6.534.030.000 -0.78%
2011 3.405.881.000 -91.85%
2012 3.849.256.000 11.52%
2013 4.018.217.000 4.2%
2014 4.133.213.000 2.78%
2015 4.925.752.000 16.09%
2016 4.569.642.000 -7.79%
2017 5.059.169.000 9.68%
2018 4.950.829.000 -2.19%
2019 5.159.454.000 4.04%
2020 5.371.090.000 3.94%
2021 7.481.140.000 28.2%
2022 6.096.911.000 -22.7%
2023 7.048.104.000 13.5%
2023 6.752.733.000 -4.37%
2024 6.727.108.000 -0.38%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Taiwan Fire & Marine Insurance Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Taiwan Fire & Marine Insurance Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 953.131.000 100%
2010 935.409.000 -1.89%
2011 811.784.000 -15.23%
2012 827.100.000 1.85%
2013 872.640.000 5.22%
2014 928.079.000 5.97%
2015 1.015.214.000 8.58%
2016 1.020.155.000 0.48%
2017 1.194.254.000 14.58%
2018 1.180.816.000 -1.14%
2019 1.209.664.000 2.38%
2020 1.250.881.000 3.3%
2021 1.280.219.000 2.29%
2022 1.366.549.000 6.32%
2023 1.429.736.000 4.42%
2023 1.454.487.000 1.7%
2024 1.446.036.000 -0.58%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Taiwan Fire & Marine Insurance Co., Ltd. EBITDA
Year EBITDA Growth
2006 748.427.000
2007 1.170.045.000 36.03%
2008 391.470.000 -198.88%
2009 1.012.640.000 61.34%
2010 1.030.882.000 1.77%
2011 783.751.000 -31.53%
2012 803.162.000 2.42%
2013 958.572.000 16.21%
2014 805.425.000 -19.01%
2015 1.235.413.000 34.81%
2016 626.113.000 -97.31%
2017 967.018.000 35.25%
2018 703.588.000 -37.44%
2019 815.652.000 13.74%
2020 761.214.000 -7.15%
2021 404.230.000 -88.31%
2022 916.552.000 55.9%
2023 1.284.596.000 28.65%
2023 1.154.871.000 -11.23%
2024 140.476.000 -722.11%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Taiwan Fire & Marine Insurance Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 5.992.945.000
2007 7.197.887.000 16.74%
2008 8.079.189.000 10.91%
2009 6.584.725.000 -22.7%
2010 6.534.030.000 -0.78%
2011 3.405.881.000 -91.85%
2012 3.849.256.000 11.52%
2013 4.018.217.000 4.2%
2014 4.133.213.000 2.78%
2015 4.925.752.000 16.09%
2016 4.569.642.000 -7.79%
2017 5.059.169.000 9.68%
2018 4.950.829.000 -2.19%
2019 5.159.454.000 4.04%
2020 5.371.090.000 3.94%
2021 7.481.140.000 28.2%
2022 6.096.911.000 -22.7%
2023 7.048.104.000 13.5%
2023 6.752.733.000 -4.37%
2024 6.727.108.000 -0.38%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Taiwan Fire & Marine Insurance Co., Ltd. Net Profit
Year Net Profit Growth
2006 695.042.000
2007 985.105.000 29.44%
2008 138.421.000 -611.67%
2009 809.406.000 82.9%
2010 938.804.000 13.78%
2011 700.633.000 -33.99%
2012 738.641.000 5.15%
2013 820.835.000 10.01%
2014 658.027.000 -24.74%
2015 1.092.006.000 39.74%
2016 490.130.000 -122.8%
2017 851.701.000 42.45%
2018 560.299.000 -52.01%
2019 703.129.000 20.31%
2020 687.595.000 -2.26%
2021 373.208.000 -84.24%
2022 671.961.000 44.46%
2023 1.275.844.000 47.33%
2023 978.269.000 -30.42%
2024 1.177.072.000 16.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Taiwan Fire & Marine Insurance Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 3 50%
2008 0 0%
2009 2 100%
2010 3 0%
2011 2 -100%
2012 2 50%
2013 2 0%
2014 2 -100%
2015 3 66.67%
2016 1 -200%
2017 2 50%
2018 2 -100%
2019 2 0%
2020 2 0%
2021 1 0%
2022 2 0%
2023 4 66.67%
2023 3 -50%
2024 3 33.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Taiwan Fire & Marine Insurance Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 466.372.000
2007 217.133.000 -114.79%
2008 820.492.000 73.54%
2009 417.003.000 -96.76%
2010 1.632.498.000 74.46%
2011 -285.988.000 670.83%
2012 947.685.000 130.18%
2013 967.275.000 2.03%
2014 340.273.000 -184.26%
2015 -739.675.000 146%
2016 678.258.000 209.06%
2017 788.784.000 14.01%
2018 294.943.000 -167.44%
2019 571.574.000 48.4%
2020 515.747.000 -10.82%
2021 883.744.000 41.64%
2022 -810.726.000 209.01%
2023 663.504.000 222.19%
2023 189.572.000 -250%
2024 345.944.000 45.2%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Taiwan Fire & Marine Insurance Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 471.931.000
2007 222.798.000 -111.82%
2008 831.580.000 73.21%
2009 423.564.000 -96.33%
2010 1.635.774.000 74.11%
2011 -277.734.000 688.97%
2012 950.767.000 129.21%
2013 971.821.000 2.17%
2014 359.898.000 -170.03%
2015 -713.110.000 150.47%
2016 688.671.000 203.55%
2017 811.568.000 15.14%
2018 306.055.000 -165.17%
2019 584.784.000 47.66%
2020 534.945.000 -9.32%
2021 910.815.000 41.27%
2022 -772.358.000 217.93%
2023 677.325.000 214.03%
2023 191.420.000 -253.84%
2024 347.203.000 44.87%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Taiwan Fire & Marine Insurance Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 5.559.000
2007 5.665.000 1.87%
2008 11.088.000 48.91%
2009 6.561.000 -69%
2010 3.276.000 -100.27%
2011 8.254.000 60.31%
2012 3.082.000 -167.81%
2013 4.546.000 32.2%
2014 19.625.000 76.84%
2015 26.565.000 26.12%
2016 10.413.000 -155.11%
2017 22.784.000 54.3%
2018 11.112.000 -105.04%
2019 13.210.000 15.88%
2020 19.198.000 31.19%
2021 27.071.000 29.08%
2022 38.368.000 29.44%
2023 13.821.000 -177.61%
2023 1.848.000 -647.89%
2024 1.259.000 -46.78%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Taiwan Fire & Marine Insurance Co., Ltd. Equity
Year Equity Growth
2006 5.491.214.000
2007 5.567.617.000 1.37%
2008 3.287.479.000 -69.36%
2009 4.980.818.000 34%
2010 6.522.345.000 23.63%
2011 5.751.629.000 -13.4%
2012 6.184.565.000 7%
2013 7.001.923.000 11.67%
2014 7.237.669.000 3.26%
2015 7.715.796.000 6.2%
2016 7.851.888.000 1.73%
2017 8.515.922.000 7.8%
2018 8.419.057.000 -1.15%
2019 9.087.874.000 7.36%
2020 9.580.533.000 5.14%
2021 10.181.291.000 5.9%
2022 9.945.718.000 -2.37%
2023 10.878.343.000 8.57%
2023 11.189.756.000 2.78%
2024 11.874.127.000 5.76%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Taiwan Fire & Marine Insurance Co., Ltd. Assets
Year Assets Growth
2006 11.987.895.000
2007 16.675.857.000 28.11%
2008 14.861.359.000 -12.21%
2009 16.647.549.000 10.73%
2010 18.278.965.000 8.93%
2011 15.157.375.000 -20.59%
2012 16.007.587.000 5.31%
2013 16.589.870.000 3.51%
2014 16.863.713.000 1.62%
2015 17.097.723.000 1.37%
2016 17.649.615.000 3.13%
2017 17.971.620.000 1.79%
2018 17.978.481.000 0.04%
2019 18.886.915.000 4.81%
2020 19.580.636.000 3.54%
2021 20.642.975.000 5.15%
2022 20.891.190.000 1.19%
2023 22.394.488.000 6.71%
2023 22.810.219.000 1.82%
2024 22.234.550.000 -2.59%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Taiwan Fire & Marine Insurance Co., Ltd. Liabilities
Year Liabilities Growth
2006 6.496.681.000
2007 11.108.240.000 41.51%
2008 11.573.880.000 4.02%
2009 11.666.731.000 0.8%
2010 11.756.620.000 0.76%
2011 9.405.746.000 -24.99%
2012 9.823.022.000 4.25%
2013 9.587.947.000 -2.45%
2014 9.626.044.000 0.4%
2015 9.381.927.000 -2.6%
2016 9.797.727.000 4.24%
2017 9.455.698.000 -3.62%
2018 9.559.424.000 1.09%
2019 9.799.041.000 2.45%
2020 10.000.103.000 2.01%
2021 10.461.684.000 4.41%
2022 10.945.472.000 4.42%
2023 11.516.145.000 4.96%
2023 11.620.463.000 0.9%
2024 10.360.423.000 -12.16%

Taiwan Fire & Marine Insurance Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
18.57
Net Income per Share
3.15
Price to Earning Ratio
8.87x
Price To Sales Ratio
1.51x
POCF Ratio
8.26
PFCF Ratio
8.3
Price to Book Ratio
0.85
EV to Sales
0.98
EV Over EBITDA
10.24
EV to Operating CashFlow
5.35
EV to FreeCashFlow
5.38
Earnings Yield
0.11
FreeCashFlow Yield
0.12
Market Cap
10,12 Bil.
Enterprise Value
6,56 Bil.
Graham Number
48.22
Graham NetNet
-10.11

Income Statement Metrics

Net Income per Share
3.15
Income Quality
0.99
ROE
0.1
Return On Assets
0.05
Return On Capital Employed
0.03
Net Income per EBT
0.88
EBT Per Ebit
2.23
Ebit per Revenue
0.09
Effective Tax Rate
0.17

Margins

Sales, General, & Administrative to Revenue
0.23
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.09
Pretax Profit Margin
0.19
Net Profit Margin
0.17

Dividends

Dividend Yield
0.05
Dividend Yield %
4.65
Payout Ratio
0.32
Dividend Per Share
1.3

Operating Metrics

Operating Cashflow per Share
3.38
Free CashFlow per Share
3.37
Capex to Operating CashFlow
0.01
Capex to Revenue
0
Capex to Depreciation
0.11
Return on Invested Capital
0.04
Return on Tangible Assets
0.05
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.02

Balance Sheet

Cash per Share
18,50
Book Value per Share
32,78
Tangible Book Value per Share
32.76
Shareholders Equity per Share
32.78
Interest Debt per Share
0.22
Debt to Equity
0.01
Debt to Assets
0
Net Debt to EBITDA
-5.56
Current Ratio
1.73
Tangible Asset Value
11,86 Bil.
Net Current Asset Value
-2,30 Bil.
Invested Capital
3813687000
Working Capital
3,40 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,92 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Taiwan Fire & Marine Insurance Co., Ltd. Dividends
Year Dividends Growth
2002 1
2003 0 0%
2004 0 0%
2005 1 0%
2006 1 100%
2007 2 0%
2008 2 50%
2010 1 0%
2011 2 100%
2012 1 -100%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 1 100%
2019 1 0%
2020 1 100%
2021 1 0%
2022 1 0%
2023 1 100%
2024 1 0%

Taiwan Fire & Marine Insurance Co., Ltd. Profile

About Taiwan Fire & Marine Insurance Co., Ltd.

Taiwan Fire & Marine Insurance Co., Ltd. provides various insurance products and services in Taiwan. It offers various lines of insurance products, including fire, marine cargo and hull, fishing vessel, aviation, automobile, money, bond and credit, liability, engineering, personal accident, health, comprehensive travel, commutable disease compensation, and travel accident insurance, as well as reinsurance products; and comprehensive fine art, burglary, glass, and other insurance products. The company was founded in 1946 and is headquartered in Taipei, Taiwan.

CEO
Mr. Chao-Feng Chen
Employee
904
Address
No. 49, Guanqian Road
Taipei, 100

Taiwan Fire & Marine Insurance Co., Ltd. Executives & BODs

Taiwan Fire & Marine Insurance Co., Ltd. Executives & BODs
# Name Age
1 Mr. Stanley Fang
Senior Manager of Legal Compliance Department
70
2 Grant Hsiao
Senior Manager of Human Resources Department
70
3 Mr. Chih-Chieh Huang
Executive Vice President & Manager of Finance Department
70
4 Mr. Chao-Feng Chen
President
70
5 Mr. Charles Sung
Vice Chairman
70
6 Mr. Pi-Chen Wang
Chief Accountant
70
7 Ms. Tsui-Jung Chen
Chief Compliance Officer
70
8 Jimmy Chu
Vice President of Direct Marketing Department
70
9 Ms. Tsun-Jung Hsiao
Senior Vice President
70
10 Mr. Allen Cheng
SVice President & SVP of Claim Service Dept., Personal Lines
70

Taiwan Fire & Marine Insurance Co., Ltd. Competitors