Polytronics Competitors

6224 Stock

TWD 59.00 1.80 2.96%

Polytronics Technology competes with Thinking Electronic, Amazing Microelectronic, Cleanaway, Wah Lee, and Topco Scientific; as well as few others. The company operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. Analyzing Polytronics 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 Polytronics Technology to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Polytronics 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 Polytronics Technology competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
55.58	59.00	62.42

Details

Intrinsic

Valuation

Low	Real	High
50.68	54.10	64.90

Details

Polytronics Technology Competition Correlation Matrix

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

	2428	6411	8422	3010	5434
2428		0.68	0.84	0.56	-0.54	2428
6411	0.68		0.49	0.49	-0.16	6411
8422	0.84	0.49		0.43	-0.57	8422
3010	0.56	0.49	0.43		-0.44	3010
5434	-0.54	-0.16	-0.57	-0.44		5434
	2428	6411	8422	3010	5434

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High positive correlations

8422	+ 0.84	2428
6411	+ 0.68	2428
3010	+ 0.56	2428
8422	+ 0.49	6411
3010	+ 0.49	6411
3010	+ 0.43	8422

High negative correlations

5434	- 0.57	8422
5434	- 0.54	2428
5434	- 0.44	3010
5434	- 0.16	6411

Risk-Adjusted Indicators

There is a big difference between Polytronics Stock performing well and Polytronics 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 Polytronics 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
2428	0.93	(0.10)	0.00	(0.16)	0.00	0.00	2.02	(2.29)	8.21
6411	1.30	(0.03)	(0.06)	0.01	1.36	(1.88)	4.26	(2.65)	10.66
8422	0.40	(0.03)	0.00	0.25	0.00	0.00	0.55	(0.81)	6.99
3010	1.21	0.01	(0.02)	0.11	1.51	(1.39)	2.49	(2.82)	6.97
5434	1.12	0.12	0.02	1.57	1.32	(1.19)	2.62	(2.10)	7.25

Unable to evaluate fundamental data of [2428.TW, 6411.TWO, 8422.TW, 3010.TW, 5434.TW] at this time. Please try again later

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Polytronics Technology Competitive Analysis

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

	6224	2428	6411	8422	3010	5434
	2.96 59.00 Polytronics	1.89 155.50 Thinking	2.27 90.50 Amazing	0.28 180.50 Cleanaway	1.58 128.50 Wah	1.48 300.00 Topco
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak	Very Weak	Weak	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly 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	Hold	Cautious Hold	Strong Sell	Cautious Hold	Hold
Current Ratio	3.65 X	2.98 X	N/A	3.19 X	1.64 X	1.52 X
Net Asset	5.53 B	12.67 B	6.34 B	7.75 B	45.89 B	25.17 B
Profit Margin	0.06 %	0.21 %	0.24 %	0.26 %	0.04 %	0.06 %
EBITDA	753.57 M	2.49 B	1.19 B	1.66 B	4.55 B	3.45 B
Operating Margin	(0.02) %	0.22 %	0.23 %	0.32 %	0.04 %	0.06 %
Current Valuation	5.17 B	13.37 B	7.09 B	20.87 B	31.33 B	28.4 B
Price To Book	1.97 X	1.82 X	2.15 X	3.45 X	1.25 X	2.77 X
Retained Earnings	1.09 B	2.72 B	N/A	1.83 B	6.24 B	2.7 B
Current Asset	1.73 B	4.87 B	N/A	4.03 B	17.42 B	8.66 B
Five Year Return	6.53 %	N/A	N/A	6.22 %	5.97 %	5.65 %
Beta	0.73	1.14	0.81	0.24	0.62	0.66
Number Of Employees	31	9	152	25	22	36
Shares Outstanding	85.65 M	128.11 M	93.91 M	108.89 M	236.02 M	181.7 M
Cash Flow From Operations	30.62 M	1.57 B	1.71 B	1.38 B	2.32 B	2.6 B
Annual Yield	0.07 %	0.04 %	0.06 %	0.05 %	0.08 %	0.05 %
Total Debt	256.38 M	688.1 M	N/A	65 M	5.54 B	748.31 M
Return On Equity	-0.0011	0.19	0.21	0.2	0.18	0.27
Z Score	12.0	16.2	N/A	N/A	2.8	25.6
Return On Asset	-0.0084	0.0765	0.0906	0.11	0.0411	0.0749
Book Value Per Share	30.99 X	68.32 X	44.24 X	51.84 X	69.27 X	66.94 X
Current Liabilities	447 M	1.64 B	N/A	1.8 B	9.72 B	6.43 B
Total Asset	5.53 B	12.67 B	6.34 B	7.75 B	45.89 B	25.17 B
Debt To Equity	13.60 %	0.05 %	N/A	0.08 %	73.30 %	16.10 %
Target Price	150.0	121.0	N/A	196.0	54.3	190.0
Last Dividend Paid	4.25	6.3	7.16	10.0	6.8	8.8
Shares Owned By Institutions	0.96 %	11.75 %	6.82 %	14.80 %	8.94 %	22.76 %
Market Capitalization	5.34 B	18.83 B	10.75 B	20.14 B	20.34 B	31.16 B
Price To Earning	16.88 X	11.96 X	N/A	18.97 X	8.43 X	10.21 X
Price To Sales	1.81 X	2.11 X	2.35 X	4.23 X	0.27 X	0.58 X
Net Income	510.05 M	1.58 B	940.57 M	1.15 B	2.84 B	2.29 B
Earnings Per Share	1.93 X	12.12 X	8.97 X	10.93 X	11.38 X	16.81 X
Shares Owned By Insiders	29.25 %	49.38 %	18.51 %	33.49 %	37.01 %	15.01 %
Revenue	3.08 B	7.5 B	4.14 B	3.02 B	70.52 B	42.67 B
Working Capital	1.29 B	3.23 B	N/A	2.23 B	7.7 B	2.24 B
Cash And Equivalents	978.44 M	2.15 B	N/A	1.59 B	2.94 B	2.6 B
Cash Per Share	12.23 X	16.78 X	N/A	14.61 X	12.69 X	14.33 X
Gross Profit	1.11 B	3.24 B	1.96 B	1.92 B	5.98 B	5.21 B
Day Typical Price	59.7	156.0	91.13	180.67	127.67	301.67
Accumulation Distribution	0.0344	2353.81	6782.73	244.65	32116.62	5709.8
Market Facilitation Index	2.1	0.0	0.0	0.0	0.0	0.0
Daily Balance Of Power	(0.86)	(1.20)	(1.00)	(1.00)	0.5714	(0.90)
Period Momentum Indicator	(1.80)	(3.00)	(2.10)	(0.50)	2.0	(4.50)
Rate Of Daily Change	0.97	0.98	0.98	1.0	1.02	0.99
Day Median Price	60.05	156.25	91.45	180.75	127.25	302.5
Price Action Indicator	(1.95)	(2.25)	(2.00)	(0.50)	2.25	(4.75)
Coefficient Of Variation	(40,626)	(2,513)	15517.14	(2,164)	2653.11	1096.57
Mean Deviation	2.26	0.9288	1.3	0.3973	1.21	1.12
Jensen Alpha	(0.04)	(0.1)	(0.03)	(0.03)	0.0095	0.1172
Total Risk Alpha	(0.44)	(0.23)	(0.23)	(0.14)	(0.15)	(0.06)
Sortino Ratio	N/A	N/A	(0.06)	N/A	(0.02)	0.0213
Downside Variance	N/A	N/A	2.37	N/A	3.14	2.58
Standard Deviation	3.41	1.34	1.88	0.7482	1.61	1.47
Kurtosis	2.19	2.9	2.88	19.83	0.3558	0.21
Potential Upside	6.19	2.02	4.26	0.5525	2.49	2.62
Treynor Ratio	(0.08)	(0.16)	0.0065	0.2486	0.1109	1.57
Maximum Drawdown	18.32	8.21	10.66	6.99	6.97	7.25
Variance	11.66	1.79	3.53	0.5598	2.59	2.17
Market Risk Adjusted Performance	(0.07)	(0.15)	0.0165	0.2586	0.1209	1.58
Risk Adjusted Performance	0.0061	(0.02)	0.0108	(0.03)	0.0328	0.0712
Skewness	0.519	0.7587	1.26	2.52	(0.05)	0.3175
Semi Deviation	N/A	N/A	1.36	N/A	1.51	1.32
Information Ratio	(0.03)	(0.11)	(0.05)	(0.18)	(0.02)	0.0232
Value At Risk	(5.63)	(2.29)	(2.65)	(0.81)	(2.82)	(2.10)
Expected Short fall	N/A	N/A	(1.88)	N/A	(1.39)	(1.19)
Downside Deviation	N/A	N/A	1.54	N/A	1.77	1.61
Semi Variance	N/A	N/A	1.85	N/A	2.27	1.76

Polytronics Technology Competition Performance Charts

Five steps to successful analysis of Polytronics Technology Competition

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

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

In addition to having Polytronics Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.

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Additional Tools for Polytronics Stock Analysis

When running Polytronics Technology's price analysis, check to measure Polytronics 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 Polytronics Technology is operating at the current time. Most of Polytronics Technology's value examination focuses on studying past and present price action to predict the probability of Polytronics 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 Polytronics Technology's price. Additionally, you may evaluate how the addition of Polytronics Technology to your portfolios can decrease your overall portfolio volatility.

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