Tehmag Financial Statements From 2010 to 2025
| 1264 Stock | TWD 317.00 2.00 0.63% |
Check Tehmag Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tehmag Foods' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tehmag financial statements analysis is a perfect complement when working with Tehmag Foods Valuation or Volatility modules.
Tehmag |
Tehmag Foods Company Current Valuation Analysis
Tehmag Foods' 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.
Current Tehmag Foods Current Valuation | 9 B |
Most of Tehmag Foods' 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, Tehmag Foods 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, Tehmag Foods has a Current Valuation of 9 B. This is 53.61% lower than that of the Consumer Defensive sector and 9.23% lower than that of the Packaged Foods industry. The current valuation for all Taiwan stocks is 45.84% higher than that of the company.
Tehmag Foods Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tehmag Foods's current stock value. Our valuation model uses many indicators to compare Tehmag Foods value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tehmag Foods competition to find correlations between indicators driving Tehmag Foods's intrinsic value. More Info.Tehmag Foods is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tehmag Foods is roughly 1.64 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tehmag Foods' earnings, one of the primary drivers of an investment's value.About Tehmag Foods Financial Statements
Tehmag Foods investors use historical fundamental indicators, such as Tehmag Foods' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tehmag Foods. Please read more on our technical analysis and fundamental analysis pages.
Tehmag Foods Corporation operates in the baking industry in Taiwan. Tehmag Foods Corporation was founded in 1989 and is headquartered in New Taipei City, Taiwan. TEHMAG FOODS operates under Packaged Foods classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with Tehmag Foods
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 Tehmag Foods 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 Tehmag Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with Tehmag Stock
| 0.77 | 910322 | Tingyi Holding Corp Earnings Call This Week | PairCorr |
| 0.65 | 1210 | Great Wall Enterprise | PairCorr |
Moving against Tehmag Stock
| 0.63 | 3211 | Dynapack International | PairCorr |
| 0.57 | 3545 | FocalTech Systems | PairCorr |
| 0.51 | 6582 | Shin Foong Specialty | PairCorr |
| 0.5 | 1227 | Standard Foods Corp | PairCorr |
| 0.45 | 2609 | Yang Ming Marine | PairCorr |
The ability to find closely correlated positions to Tehmag Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tehmag Foods 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 Tehmag Foods - 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 Tehmag Foods to buy it.
The correlation of Tehmag Foods 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 Tehmag Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tehmag Foods 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 Tehmag Foods 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.Additional Tools for Tehmag Stock Analysis
When running Tehmag Foods' price analysis, check to measure Tehmag Foods' 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 Tehmag Foods is operating at the current time. Most of Tehmag Foods' value examination focuses on studying past and present price action to predict the probability of Tehmag Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tehmag Foods' price. Additionally, you may evaluate how the addition of Tehmag Foods to your portfolios can decrease your overall portfolio volatility.