Fortune Financial Statements From 2010 to 2024
| 1519 Stock | TWD 529.00 2.00 0.38% |
Check Fortune Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortune Electric's main balance sheet or income statement drivers, such as , as well as many indicators such as . Fortune financial statements analysis is a perfect complement when working with Fortune Electric Valuation or Volatility modules.
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Fortune Electric Co Company Current Valuation Analysis
Fortune Electric'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.
Current Fortune Electric Current Valuation | 14.51 B |
Most of Fortune Electric'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, Fortune Electric Co 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.
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In accordance with the recently published financial statements, Fortune Electric Co has a Current Valuation of 14.51 B. This is 99.21% higher than that of the Electrical Equipment sector and 10.16% lower than that of the Industrials industry. The current valuation for all Taiwan stocks is 12.73% higher than that of the company.
Fortune Electric Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Electric's current stock value. Our valuation model uses many indicators to compare Fortune Electric value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortune Electric competition to find correlations between indicators driving Fortune Electric's intrinsic value. More Info.Fortune Electric Co is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.20 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortune Electric Co is roughly 4.91 . 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 Fortune Electric's earnings, one of the primary drivers of an investment's value.About Fortune Electric Financial Statements
Fortune Electric investors use historical fundamental indicators, such as Fortune Electric's 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 Fortune Electric. Please read more on our technical analysis and fundamental analysis pages.
Fortune Electric Co., Ltd. manufactures and sells transformers in Taiwan, the United States, and Canada. Fortune Electric Co., Ltd. was founded in 1969 and is headquartered in Taoyuan, Taiwan. FORTUNE ELECTRIC operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Fortune Stock Analysis
When running Fortune Electric's price analysis, check to measure Fortune 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 Fortune Electric is operating at the current time. Most of Fortune Electric's value examination focuses on studying past and present price action to predict the probability of Fortune 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 Fortune Electric's price. Additionally, you may evaluate how the addition of Fortune Electric to your portfolios can decrease your overall portfolio volatility.