What is National Petroleum Co., Ltd.'s (9937.TW) StockRank?

MoatMap's StockRank for National Petroleum Co., Ltd. (9937.TW) is 41/100, with a Hold signal. This is a composite score combining Quality (54), Value (37), and Momentum (41) factor ranks across MoatMap's 20,000+ stock universe.

Does National Petroleum Co., Ltd. have an economic moat?

National Petroleum Co., Ltd. (9937.TW) has a Quality factor score of 54/100. 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 National Petroleum Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for National Petroleum Co., Ltd. (9937.TW) is Hold, based on a StockRank of 41/100. 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 National Petroleum Co., Ltd. in?

National Petroleum Co., Ltd. (9937.TW) operates in the Consumer Cyclical sector, specifically the Specialty Retail industry (Taiwan).

Company Deep Dive

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

Request Deep Dive(50 Feathers)

9937.TW

HOLDREMOVE

National Petroleum Co., Ltd. · Consumer Cyclical · Taiwan · $540M · Avg Vol: $87K/d

StockRank

P/E (TTM)

23.7x

ROE

13.0%

D/E

0.4x

Dividend %

4.0%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

National Petroleum is a retail gas station operator. It lacks pricing power and is highly vulnerable to wholesale fuel price spikes, which compress retail distribution margins.

COMPANY DESCRIPTION

National Petroleum Co., Ltd. operates a nationwide network of retail gas stations and associated convenience stores across Taiwan. As one of the largest private service station operators in the country, the company leverages prime real estate locations and strategic partnerships to drive high-volume fuel and retail sales. Its competitive moat is built on brand loyalty, co-branded credit card programs, and high-traffic retail locations.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	763.5M	775.2M	759.4M	712.3M	-2.3%
EPS	0.08	0.07	0.08	0.08	—	-3.0%
Shares	—	309.0M	309.0M	309.0M	309.0M	0.0%
Debt	—	127.9M	131.3M	135.4M	118.2M	-2.6%
Equity	—	169.0M	175.2M	180.0M	184.0M	2.9%
Op CF	—	49.2M	45.9M	36.9M	31.2M	-14.1%
Inv CF	—	-13.3M	-14.2M	-7.8M	-2.5M	—
Fin CF	—	-44.7M	-33.6M	-34.0M	-33.7M	—

PRICE (1Y)-1.8%

SMA 50SMA 200

$1.75

RSI (14)

44.7

52W High

$2.11

From 52W High

0.8%

SCORE BREAKDOWN

Quality

ROIC

12.2%69.6

ROE

13.0%68.6

GP/Assets

23.3%49.5

Op. Margin

4.2%37.4

FCF/Assets

4.9%60.8

Piotroski

774.8

Int. Cover

32.5x71.0

D/E Ratio

0.36x59.1

Current Ratio

0.47x3.8

Value

P/E (TTM)

23.7x34.4

EV/EBITDA

17.0x22.4

P/FCF

916.9x26.8

P/B

2.9x27.1

P/S

0.8x56.5

Div Yield

4.0%68.7

Momentum

52W High %

83%64.7

RS 6M

-73%10.4

SMA 50/200

0.97x47.5

EPS Rev 4W

+0.5%75.8

EPS Rev 12W

—N/A

EPS Improve

—21.9

Q Growth

24%65.4

FUNDAMENTALS

Market Cap

$540M

P/E (Forward)

21.8x

Gross Margin

12.6%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 9937.TW are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
9937.TW	National Petroleum Co., Ltd.(you)	$540M	41	HOLD
2906.TW	Collins Co., Ltd.	$86M	43	HOLD
8433.TWO	Bon Fame Co., Ltd.	$91M	45	HOLD
6281.TW	E-Life Corporation	$161M	59	HOLD
2430.TW	Tsann Kuen Enterprise Co.,Ltd	$68M	29	SELL
2616.TW	Shan-Loong Transportation Co.,Ltd	$59M	14	STRONG SELL
3045.TW	Taiwan Mobile Co., Ltd.	$11.3B	65	BUY
6768.TW	Sports Gear Co., Ltd.	$560M	39	HOLD
5340.TWO	Baotek Industrial Materials Ltd.	$610M	42	HOLD
1419.TW	Shinkong Textile Co., Ltd.	$626M	42	HOLD

Peer medians: ROE 7.3% · P/E 16.5x · Gross margin 23.0%

National Petroleum Co., Ltd. (9937.TW) — Stock Score Summary

National Petroleum Co., Ltd. (9937.TW) has a MoatMap StockRank of 41/100 based on Quality (54/100), Value (37/100), and Momentum (41/100) factor scores. The current signal is HOLD. National Petroleum is a retail gas station operator. It lacks pricing power and is highly vulnerable to wholesale fuel price spikes, which compress retail distribution margins.

Key Financial Metrics

Price	$1.75
Market Cap	$540M
P/E (TTM)	23.70
P/E (Forward)	21.76
Price/Book	2.87
Return on Equity	13.0%
Return on Invested Capital	12.2%
Debt/Equity	35.65
Gross Margin	12.6%
Operating Margin	4.2%
Revenue Growth	-6.8%
Dividend Yield	4.0%
Free Cash Flow	$589K

National Petroleum Co., Ltd. operates in the Specialty Retail industry, part of the Consumer Cyclical sector (Taiwan).

Frequently Asked Questions

What is National Petroleum Co., Ltd.’s (9937.TW) StockRank?: MoatMap’s StockRank for National Petroleum Co., Ltd. (9937.TW) is 41/100, with a Hold signal. It is a composite of Quality (54), Value (37), and Momentum (41) factor ranks across MoatMap’s 20,000+ stock universe.
Does National Petroleum Co., Ltd. have an economic moat?: National Petroleum Co., Ltd. (9937.TW) has a Quality factor score of 54/100. 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 National Petroleum Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for National Petroleum Co., Ltd. (9937.TW) is Hold, based on a StockRank of 41/100. 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 National Petroleum Co., Ltd. in?: National Petroleum Co., Ltd. (9937.TW) operates in the Consumer Cyclical sector, specifically the Specialty Retail industry (Taiwan).