What is Taiwan Fire & Marine Insurance Co., Ltd.'s (2832.TW) StockRank?

MoatMap's StockRank for Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) is 88/100, with a Strong Buy signal. This is a composite score combining Quality (68), Value (63), and Momentum (52) factor ranks across MoatMap's 20,000+ stock universe.

Does Taiwan Fire & Marine Insurance Co., Ltd. have an economic moat?

Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) has a Quality factor score of 68/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Taiwan Fire & Marine Insurance Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) is Strong Buy, based on a StockRank of 88/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Taiwan Fire & Marine Insurance Co., Ltd. in?

Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) operates in the Financial Services sector, specifically the Insurance - Property & Casualty industry (Taiwan).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

2832.TW

STRONG BUYGet insider-trade alerts

Taiwan Fire & Marine Insurance Co., Ltd. · Financial Services · Taiwan · $444M · Avg Vol: $671K/d

StockRank

P/E (TTM)

14.3x

ROE

10.5%

D/E

0.0x

Dividend %

14.0%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

COMPANY DESCRIPTION

Taiwan Fire & Marine Insurance Co., Ltd. is the oldest property and casualty insurer in Taiwan, offering fire, marine, cargo, and liability insurance. The company's competitive moat is its long-standing brand heritage, strong relationships with corporate clients, and a robust capital structure. It is a highly respected, conservative leader in the Taiwanese commercial property and casualty insurance market.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR	TTM
Revenue	—	191.5M	212.1M	228.5M	229.1M	6.2%	231.9M
EPS	0.03	0.06	0.08	0.10	—	46.1%	0.12
Shares	—	362.2M	362.2M	362.2M	253.5M	-30.0%	253.5M
Debt	—	1.6M	2.0M	1.4M	1.5M	-1.7%	1.5M
Equity	—	312.3M	351.4M	385.4M	371.8M	6.0%	—
Op CF	—	-24.3M	21.3M	35.8M	105.0M	122.2%	125.2M
Inv CF	—	-0.9M	-6.8M	0.2M	-63.2M	—	—
Fin CF	—	-9.5M	-12.4M	-16.0M	-57.7M	—	—

Loading 1Y...

PRICE (1Y)+7.6%

SMA 50SMA 200

$1.79

RSI (14)

68.4

52W High

$1.81

From 52W High

1.0%

SCORE BREAKDOWN

Quality

ROIC (ROA)

4.1%*72.0

ROE

10.5%52.4

GP/Assets

13.4%78.4

Op. Margin

19.8%37.8

FCF/Assets

5.1%64.1

Piotroski

566.0

Int. Cover

—N/A

D/E Ratio

0.00x95.8

Current Ratio

8.90x85.3

Value

P/E (TTM)

14.3x42.7

EV/EBITDA

5.8x70.9

P/FCF

10.8x59.0

P/B

1.2x50.2

P/S

1.9x74.6

Div Yield

14.0%97.0

Momentum

52W High %

99%84.7

RS 6M

-47%6.4

SMA 50/200

1.09x74.2

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

18%54.8

FUNDAMENTALS

Market Cap

$444M

P/E (Forward)

—

Gross Margin

46.6%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of 2832.TW are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
2832.TW	Taiwan Fire & Marine Insurance Co., Ltd.(you)	$444M	88	STRONG BUY
2852.TW	The First Insurance Co., Ltd.	$249M	84	STRONG BUY
2850.TW	Shinkong Insurance Co., Ltd.	$1.4B	99	STRONG BUY
1718.TW	China Man-Made Fiber Corporation	$467M	96	STRONG BUY
2816.TW	Union Insurance Co., Ltd.	$232M	91	STRONG BUY
5859.TWO	Farglory Life Insurance Co., Ltd.	$610M	75	BUY
2851.TW	Central Reinsurance Corporation	$934M	98	STRONG BUY
6021.TWO	Good Finance Securities Co., Ltd.	$387M	63	HOLD
6024.TW	Capital Futures Corporation	$474M	50	HOLD
2897.TW	O-Bank Co., Ltd.	$917M	52	HOLD

Peer medians: ROE 10.0% · P/E 16.1x · Gross margin 32.2%

Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) — Stock Score Summary

Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) has a MoatMap StockRank of 88/100 based on Quality (68/100), Value (63/100), and Momentum (52/100) factor scores. The current signal is STRONG BUY.

Key Financial Metrics

Price	$1.79
Market Cap	$444M
P/E (TTM)	14.31
Price/Book	1.16
Return on Equity	10.5%
Debt/Equity	0.38
Gross Margin	46.6%
Operating Margin	19.8%
Revenue Growth	1.2%
Dividend Yield	14.0%
Free Cash Flow	$41M

Taiwan Fire & Marine Insurance Co., Ltd. operates in the Insurance - Property & Casualty industry, part of the Financial Services sector (Taiwan).

Frequently Asked Questions

What is Taiwan Fire & Marine Insurance Co., Ltd.’s (2832.TW) StockRank?: MoatMap’s StockRank for Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) is 88/100, with a Strong Buy signal. It is a composite of Quality (68), Value (63), and Momentum (52) factor ranks across MoatMap’s 20,000+ stock universe.
Does Taiwan Fire & Marine Insurance Co., Ltd. have an economic moat?: Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) has a Quality factor score of 68/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Taiwan Fire & Marine Insurance Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) is Strong Buy, based on a StockRank of 88/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Taiwan Fire & Marine Insurance Co., Ltd. in?: Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW) operates in the Financial Services sector, specifically the Insurance - Property & Casualty industry (Taiwan).