Nuintek Financial Statements From 2010 to 2024

012340 Stock  KRW 489.00  6.00  1.21%   
Nuintek CoLtd financial statements provide useful quarterly and yearly information to potential Nuintek CoLtd investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Nuintek CoLtd financial statements helps investors assess Nuintek CoLtd's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Nuintek CoLtd's valuation are summarized below:
Nuintek CoLtd does not presently have any fundamental ratios for analysis.
Check Nuintek CoLtd financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuintek CoLtd's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nuintek financial statements analysis is a perfect complement when working with Nuintek CoLtd Valuation or Volatility modules.
  
This module can also supplement various Nuintek CoLtd Technical models . Check out the analysis of Nuintek CoLtd Correlation against competitors.

Nuintek CoLtd Company Current Valuation Analysis

Nuintek CoLtd's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Nuintek CoLtd Current Valuation

    
  132.83 B  
Most of Nuintek CoLtd's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nuintek CoLtd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Nuintek CoLtd has a Current Valuation of 132.83 B. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.

Nuintek CoLtd Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nuintek CoLtd's current stock value. Our valuation model uses many indicators to compare Nuintek CoLtd value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nuintek CoLtd competition to find correlations between indicators driving Nuintek CoLtd's intrinsic value. More Info.
Nuintek CoLtd is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nuintek CoLtd by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nuintek CoLtd's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

About Nuintek CoLtd Financial Statements

Nuintek CoLtd stakeholders use historical fundamental indicators, such as Nuintek CoLtd's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nuintek CoLtd investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nuintek CoLtd's assets and liabilities are reflected in the revenues and expenses on Nuintek CoLtd's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nuintek CoLtd. Please read more on our technical analysis and fundamental analysis pages.
,Ltd. manufactures and sells film capacitors and metallized capacitor films worldwide. ,Ltd. was founded in 1968 and is headquartered in Asan, South Korea. NUINTEK is traded on Korean Securities Dealers Automated Quotations in South Korea.

Pair Trading with Nuintek CoLtd

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nuintek CoLtd position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nuintek CoLtd will appreciate offsetting losses from the drop in the long position's value.

Moving together with Nuintek Stock

  0.88005930 Samsung ElectronicsPairCorr
  0.82005935 Samsung ElectronicsPairCorr
  0.9034730 SK HoldingsPairCorr
  0.94005490 POSCO HoldingsPairCorr

Moving against Nuintek Stock

  0.88122870 YG EntertainmentPairCorr
  0.74012330 Hyundai MobisPairCorr
  0.73032640 LG UplusPairCorr
  0.71078160 MEDIPOSTPairCorr
  0.56065660 AnterogenCoLtdPairCorr
The ability to find closely correlated positions to Nuintek CoLtd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nuintek CoLtd when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nuintek CoLtd - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nuintek CoLtd to buy it.
The correlation of Nuintek CoLtd is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nuintek CoLtd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nuintek CoLtd moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nuintek CoLtd can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Nuintek Stock

Nuintek CoLtd financial ratios help investors to determine whether Nuintek Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuintek with respect to the benefits of owning Nuintek CoLtd security.