TECO Competitors

1504 Stock

TWD 51.50 0.50 0.98%

TECO Electric Machinery competes with Yang Ming, Wan Hai, U Ming, Taiwan Navigation, and China Airlines; as well as few others. The company operates under Electrical Equipment sector and is part of Industrials industry. Analyzing TECO Electric competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of TECO Electric to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out TECO Electric Correlation with its peers.

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Hype

Prediction

Low	Estimated	High
49.97	51.50	53.03

Details

Intrinsic

Valuation

Low	Real	High
41.34	42.87	56.65

Details

TECO Electric Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TECO Electric and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of TECO and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of TECO Electric Machinery does not affect the price movement of the other competitor.

	2609	2615	2606	2617	2610
2609		0.34	0.79	-0.02	0.9	2609
2615	0.34		0.36	0.7	0.01	2615
2606	0.79	0.36		0.28	0.75	2606
2617	-0.02	0.7	0.28		-0.29	2617
2610	0.9	0.01	0.75	-0.29		2610
	2609	2615	2606	2617	2610

Click cells to compare fundamentals

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High positive correlations

2610	+ 0.9	2609
2606	+ 0.79	2609
2610	+ 0.75	2606
2617	+ 0.7	2615
2606	+ 0.36	2615
2615	+ 0.34	2609

High negative correlations

2610	- 0.29	2617
2617	- 0.02	2609

Risk-Adjusted Indicators

There is a big difference between TECO Stock performing well and TECO Electric Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze TECO Electric's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
2609	1.81	0.52	0.11	(0.46)	2.34	(1.96)	4.14	(3.01)	13.88
2615	2.32	0.26	0.02	(0.12)	2.99	(2.63)	5.46	(4.67)	19.92
2606	0.93	0.19	0.07	(1.23)	0.97	(1.08)	2.01	(1.81)	7.36
2617	0.83	(0.01)	0.00	0.11	0.00	0.00	2.06	(2.02)	6.01
2610	1.00	0.38	0.18	26.26	1.12	(1.24)	2.47	(1.67)	8.60

Unable to evaluate fundamental data of [2609.TW, 2615.TW, 2606.TW, 2617.TW, 2610.TW] at this time. Please try again later

All Fundamental Data

TECO Electric Competitive Analysis

The better you understand TECO Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TECO Electric's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across TECO Electric's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	1504	2609	2615	2606	2617	2610
	0.98 51.50 TECO	2.29 80.40 Yang	0.61 82.20 Wan	0.18 57.20 2606	0.66 29.90 Taiwan	1.89 26.00 China
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Good	Weak	OK	Very Weak	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Buy
Current Ratio	2.49 X	0.60 X	2.51 X	1.41 X	1.46 X	0.71 X
Net Asset	136.61 B	384.42 B	257.68 B	62.28 B	23.28 B	294.72 B
Profit Margin	0.06 %	0.53 %	0.44 %	0.38 %	0.55 %	0.07 %
EBITDA	8.16 B	222.46 B	143.77 B	7.52 B	2.08 B	43.48 B
Operating Margin	0.11 %	0.65 %	0.54 %	0.35 %	0.32 %	0.09 %
Current Valuation	55.89 B	8.54 B	83.75 B	54.83 B	14.69 B	187.21 B
Price To Book	0.79 X	0.66 X	0.85 X	1.19 X	0.73 X	1.69 X
Retained Earnings	20.38 B	(7.71 B)	11.76 B	16.89 B	4.92 B	4.33 B
Current Asset	44.17 B	29.5 B	28.46 B	27.24 B	1.19 B	44.5 B
Five Year Return	3.63 %	N/A	2.78 %	4.36 %	N/A	N/A
Beta	0.36	1.84	1.53	0.94	0.81	0.76
Number Of Employees	44	60	31	35	23	88
Shares Outstanding	2.11 B	3.49 B	2.81 B	845.06 M	417.29 M	6.01 B
Cash Flow From Operations	4.12 B	209.57 B	132.61 B	5.91 B	1.88 B	49.89 B
Annual Yield	0.05 %	0.33 %	0.14 %	0.06 %	0.07 %	0.04 %
Total Debt	8.6 B	15.89 B	35.3 B	18.18 B	5.53 B	96.19 B
Return On Equity	0.0439	0.87	0.74	0.19	0.13	0.16
Z Score	4.2	7.2	3.0	1.2	1.2	0.6
Return On Asset	0.0301	0.41	0.33	0.048	0.0318	0.0324
Book Value Per Share	35.61 X	94.82 X	83.31 X	39.82 X	37.06 X	11.60 X
Current Liabilities	18.06 B	42.55 B	16.4 B	15.62 B	521 M	65.34 B
Total Asset	136.61 B	384.42 B	257.68 B	62.28 B	23.28 B	294.72 B
Debt To Equity	32.50 %	518.10 %	0.34 %	135.00 %	36.90 %	228.40 %
Target Price	30.15	83.5	71.5	61.5	N/A	15.77
Last Dividend Paid	1.35	20.0	9.13	3.0	2.0	0.83
Shares Owned By Institutions	30.48 %	25.35 %	9.77 %	6.89 %	1.61 %	48.23 %
Market Capitalization	62.01 B	206.03 B	209.9 B	43.44 B	11.25 B	117.52 B
Price To Earning	14.44 X	(1.74) X	13.58 X	28.19 X	9.62 X	36.40 X
Price To Earnings To Growth	2.67 X	0.19 X	(3.74) X	N/A	N/A	0.32 X
Price To Sales	1.00 X	0.54 X	0.76 X	2.80 X	3.08 X	0.73 X
Net Income	5.01 B	165.27 B	103.34 B	4.89 B	1.32 B	9.38 B
Earnings Per Share	1.58 X	61.71 X	45.16 X	6.66 X	4.87 X	1.84 X
Shares Owned By Insiders	25.45 %	19.48 %	42.98 %	44.35 %	49.06 %	2.90 %
Revenue	52.56 B	333.69 B	228.01 B	14.01 B	3.23 B	138.84 B
Working Capital	26.1 B	(13.05 B)	12.06 B	11.62 B	669 M	(20.84 B)
Cash And Equivalents	18.96 B	17.52 B	184.86 B	26.08 B	922.56 M	24.62 B
Cash Per Share	9.75 X	7.54 X	65.88 X	30.87 X	2.21 X	4.54 X
Gross Profit	12.74 B	212.54 B	134.65 B	4.43 B	1.28 B	23.35 B
Day Typical Price	51.37	80.27	82.47	57.33	29.97	26.08
Accumulation Distribution	65153.33	3.9 M	444274.0	246049.0	9014.13	813465.0
Daily Balance Of Power	0.625	0.5625	0.2083	0.0625	(0.67)	(0.77)
Period Momentum Indicator	0.5	1.8	0.5	0.1	(0.20)	(0.50)
Rate Of Daily Change	1.01	1.02	1.01	1.0	0.99	0.98
Day Median Price	51.3	80.2	82.6	57.4	30.0	26.13
Price Action Indicator	0.45	1.1	(0.15)	(0.15)	(0.20)	(0.37)
Coefficient Of Variation	859.95	599.19	2142.03	685.8	(5,374)	388.59
Mean Deviation	1.12	1.81	2.32	0.9268	0.83	1.0
Jensen Alpha	0.1927	0.523	0.2627	0.1877	(0.01)	0.3794
Total Risk Alpha	(0.02)	0.1042	(0.28)	0.0173	(0.17)	0.192
Sortino Ratio	0.0643	0.1138	0.018	0.0672	N/A	0.1789
Downside Variance	1.83	9.31	11.7	1.59	N/A	2.64
Standard Deviation	1.61	2.68	3.46	1.27	1.14	1.52
Kurtosis	2.94	3.68	2.69	1.74	0.9791	6.82
Potential Upside	2.78	4.14	5.46	2.01	2.06	2.47
Treynor Ratio	(1.03)	(0.46)	(0.12)	(1.23)	0.1113	26.26
Maximum Drawdown	8.0	13.88	19.92	7.36	6.01	8.6
Variance	2.59	7.18	11.99	1.61	1.3	2.31
Market Risk Adjusted Performance	(1.02)	(0.45)	(0.11)	(1.22)	0.1213	26.27
Risk Adjusted Performance	0.0898	0.1283	0.0418	0.11	(0.01)	0.1918
Skewness	1.18	(0.19)	0.3612	0.3667	0.3175	(0.08)
Semi Deviation	1.12	2.34	2.99	0.9671	N/A	1.12
Information Ratio	0.0541	0.1295	0.0178	0.0668	(0.11)	0.1914
Value At Risk	(2.15)	(3.01)	(4.67)	(1.81)	(2.02)	(1.67)
Expected Short fall	(1.38)	(1.96)	(2.63)	(1.08)	N/A	(1.24)
Downside Deviation	1.35	3.05	3.42	1.26	N/A	1.62
Semi Variance	1.26	5.49	8.93	0.9352	N/A	1.26

TECO Electric Competition Performance Charts

Five steps to successful analysis of TECO Electric Competition

TECO Electric's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by TECO Electric Machinery in relation to its competition. TECO Electric's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of TECO Electric in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact TECO Electric's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TECO Electric Machinery, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Additional Tools for TECO Stock Analysis

When running TECO Electric's price analysis, check to measure TECO Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TECO Electric is operating at the current time. Most of TECO Electric's value examination focuses on studying past and present price action to predict the probability of TECO Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TECO Electric's price. Additionally, you may evaluate how the addition of TECO Electric to your portfolios can decrease your overall portfolio volatility.

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