Etron Competitors

5351 Stock

TWD 36.75 1.35 3.81%

Etron Technology competes with Sunplus Technology, Realtek Semiconductor, Winbond Electronics, VIA Technologies, and Silicon Integrated; as well as few others. The company operates under Technology sector and is part of Semiconductor Equipment & Materials industry. Analyzing Etron Technology 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 Etron Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Etron Technology Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Etron Technology competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
34.49	36.75	39.01

Details

Intrinsic

Valuation

Low	Real	High
36.74	39.00	41.26

Details

Etron Technology Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Etron Technology 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 Etron 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 Etron Technology does not affect the price movement of the other competitor.

	2401	2379	2344	2388	2363
2401		-0.44	0.79	0.86	0.36	2401
2379	-0.44		-0.77	-0.63	-0.3	2379
2344	0.79	-0.77		0.9	0.42	2344
2388	0.86	-0.63	0.9		0.44	2388
2363	0.36	-0.3	0.42	0.44		2363
	2401	2379	2344	2388	2363

Click cells to compare fundamentals

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High positive correlations

2388	+ 0.9	2344
2388	+ 0.86	2401
2344	+ 0.79	2401
2363	+ 0.44	2388
2363	+ 0.42	2344
2363	+ 0.36	2401

High negative correlations

2344	- 0.77	2379
2388	- 0.63	2379
2379	- 0.44	2401
2363	- 0.3	2379

Risk-Adjusted Indicators

There is a big difference between Etron Stock performing well and Etron Technology 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 Etron Technology'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
2401	1.63	(0.04)	0.00	0.99	0.00	0.00	3.52	(3.56)	13.53
2379	1.22	0.19	0.08	(1.24)	1.50	(1.32)	2.40	(2.37)	6.05
2344	1.34	(0.44)	0.00	(3.25)	0.00	0.00	2.63	(3.54)	9.63
2388	2.10	(0.27)	0.00	(1.81)	0.00	0.00	4.65	(4.23)	15.77
2363	1.83	0.17	0.06	0.43	1.98	(2.14)	4.60	(4.01)	15.08

Unable to evaluate fundamental data of [2401.TW, 2379.TW, 2344.TW, 2388.TW, 2363.TW] at this time. Please try again later

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Etron Technology Competitive Analysis

The better you understand Etron Technology competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Etron Technology'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 Etron Technology'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

	5351	2401	2379	2344	2388	2363
	3.81 36.75 Etron	1.34 29.40 Sunplus	0.90 558.00 Realtek	1.29 15.25 Winbond	3.33 101.50 VIA	0.14 71.50 Silicon
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Not too volatile	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Good	Very Weak	Very Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Below Average
Current Valuation (Equity Enterprise Value)	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over 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)	Buy	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Sell
Current Ratio	1.89 X	4.55 X	1.57 X	1.75 X	1.95 X	2.36 X
Net Asset	7.2 B	16.38 B	101.23 B	152.74 B	21.9 B	23.38 B
Profit Margin	0.13 %	0.1 %	0.16 %	0.16 %	0.34 %	2.50 %
EBITDA	1.35 B	2.48 B	19.98 B	30.08 B	5.04 B	225.54 M
Operating Margin	0.12 %	0.08 %	0.16 %	0.21 %	(0.03) %	(2.16) %
Current Valuation	12.71 B	9.99 B	93.57 B	96.09 B	27.87 B	11.84 B
Price To Book	2.65 X	1.70 X	3.29 X	0.92 X	2.76 X	0.91 X
Retained Earnings	N/A	2.45 B	11.52 B	2.86 B	(1.2 B)	(661 M)
Current Asset	N/A	8.36 B	36.92 B	26.37 B	3.94 B	1.59 B
Five Year Return	N/A	N/A	4.68 %	N/A	N/A	N/A
Beta	1.42	0.97	1.13	1.36	1.62	0.99
Number Of Employees	25	20	29	41	19	17
Shares Outstanding	283.85 M	588.44 M	512.86 M	3.98 B	497.01 M	749.59 M
Cash Flow From Operations	1.01 B	1.88 B	18.35 B	30.38 B	1.52 B	(356.58 M)
Annual Yield	0.02 %	0.08 %	0.08 %	0.04 %	0.01 %	0.05 %
Total Debt	504.43 M	384 M	1 B	23.3 B	2.27 B	4 M
Return On Equity	0.18	0.11	0.46	0.21	0.27	0.0267
Z Score	15.6	23.4	N/A	1.8	9.6	N/A
Return On Asset	0.0637	0.0263	0.0985	0.0827	-0.0092	-0.0149
Book Value Per Share	15.81 X	15.96 X	90.92 X	22.90 X	26.74 X	18.39 X
Current Liabilities	N/A	2.71 B	23.45 B	12 B	2.5 B	51 M
Total Asset	7.2 B	16.38 B	101.23 B	152.74 B	21.9 B	23.38 B
Debt To Equity	124.20 %	6.60 %	62.30 %	40.60 %	74.50 %	N/A
Last Dividend Paid	0.76	1.94	27.0	1.0	1.0	0.73
Target Price	N/A	12.5	320.5	21.67	19.69	N/A
Shares Owned By Institutions	5.57 %	6.71 %	42.08 %	16.18 %	4.00 %	3.27 %
Market Capitalization	13.17 B	15.06 B	182.07 B	89.55 B	36.63 B	13.19 B
Price To Earning	N/A	67.75 X	23.21 X	15.89 X	357.37 X	13.52 X
Price To Earnings To Growth	N/A	2.47 X	1.22 X	N/A	N/A	N/A
Price To Sales	1.89 X	1.88 X	1.28 X	0.82 X	4.02 X	61.48 X
Net Income	1.05 B	1.18 B	16.85 B	13.59 B	3.96 B	198.31 M
Earnings Per Share	2.70 X	1.23 X	35.33 X	4.15 X	6.00 X	0.68 X
Shares Owned By Insiders	13.90 %	23.45 %	9.30 %	31.57 %	63.04 %	26.11 %
Revenue	6.15 B	7.96 B	105.5 B	99.57 B	7 B	252.15 M
Working Capital	N/A	5.66 B	13.46 B	14.37 B	1.44 B	1.54 B
Cash And Equivalents	445.8 M	4.42 B	38.4 B	20.17 B	2.43 B	472.26 M
Cash Per Share	1.02 X	7.52 X	75.57 X	5.07 X	4.93 X	0.63 X
Gross Profit	2.06 B	4.16 B	53.19 B	42.48 B	2.52 B	84.49 M
Day Typical Price	36.42	29.53	557.0	15.3	102.83	71.83
Accumulation Distribution	238010.0	62914.99	55990.42	232217.0	312423.0	0.0193
Market Facilitation Index	N/A	N/A	0.0	N/A	N/A	1.4
Daily Balance Of Power	0.75	(0.57)	0.2941	(0.57)	(0.88)	0.0714
Period Momentum Indicator	1.35	(0.40)	5.0	(0.20)	(3.50)	0.1
Rate Of Daily Change	1.04	0.99	1.01	0.99	0.97	1.0
Day Median Price	36.25	29.6	556.5	15.33	103.5	72.0
Price Action Indicator	1.18	(0.40)	4.0	(0.17)	(3.75)	(0.45)
Coefficient Of Variation	(3,076)	(7,116)	800.81	(429.88)	(1,137)	1362.53
Mean Deviation	1.75	1.63	1.22	1.34	2.1	1.83
Jensen Alpha	(0.08)	(0.04)	0.192	(0.44)	(0.27)	0.1697
Total Risk Alpha	(0.20)	(0.17)	0.1002	(0.54)	(0.42)	0.0411
Sortino Ratio	N/A	N/A	0.0844	N/A	N/A	0.0593
Downside Variance	N/A	N/A	2.84	N/A	N/A	6.01
Standard Deviation	2.24	2.35	1.57	1.84	2.88	2.71
Kurtosis	(0.10)	4.52	0.6126	1.16	1.65	3.79
Potential Upside	3.5	3.52	2.4	2.63	4.65	4.6
Treynor Ratio	10.74	0.9926	(1.24)	(3.25)	(1.81)	0.431
Maximum Drawdown	9.22	13.53	6.05	9.63	15.77	15.08
Variance	5.0	5.54	2.45	3.4	8.28	7.32
Market Risk Adjusted Performance	10.75	1.0	(1.23)	(3.24)	(1.80)	0.441
Risk Adjusted Performance	(0.02)	(0)	0.1041	(0.18)	(0.06)	0.0653
Skewness	0.1698	1.5	(0.30)	0.288	0.4978	1.23
Semi Deviation	N/A	N/A	1.5	N/A	N/A	1.98
Information Ratio	(0.06)	(0.04)	0.0909	(0.26)	(0.11)	0.0537
Value At Risk	(3.30)	(3.56)	(2.37)	(3.54)	(4.23)	(4.01)
Expected Short fall	N/A	N/A	(1.32)	N/A	N/A	(2.14)
Downside Deviation	N/A	N/A	1.69	N/A	N/A	2.45
Semi Variance	N/A	N/A	2.25	N/A	N/A	3.91

Etron Technology Competition Performance Charts

Five steps to successful analysis of Etron Technology Competition

Etron Technology'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 Etron Technology in relation to its competition. Etron Technology's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Etron Technology 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 Etron Technology's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Etron Technology, 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.

Complement your Etron Technology position

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Additional Tools for Etron Stock Analysis

When running Etron Technology's price analysis, check to measure Etron Technology'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 Etron Technology is operating at the current time. Most of Etron Technology's value examination focuses on studying past and present price action to predict the probability of Etron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etron Technology's price. Additionally, you may evaluate how the addition of Etron Technology to your portfolios can decrease your overall portfolio volatility.

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