Promise Financial Statements From 2010 to 2024
| 3057 Stock | TWD 11.90 0.05 0.42% |
Check Promise Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Promise Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Promise financial statements analysis is a perfect complement when working with Promise Technology Valuation or Volatility modules.
Promise |
Promise Technology Company Current Valuation Analysis
Promise Technology'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 Promise Technology Current Valuation | 746.1 M |
Most of Promise Technology'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, Promise Technology 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, Promise Technology has a Current Valuation of 746.1 M. This is 96.14% lower than that of the Technology Hardware, Storage & Peripherals sector and 91.82% lower than that of the Information Technology industry. The current valuation for all Taiwan stocks is 95.51% higher than that of the company.
Promise Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Promise Technology's current stock value. Our valuation model uses many indicators to compare Promise Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Promise Technology competition to find correlations between indicators driving Promise Technology's intrinsic value. More Info.Promise Technology 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 . 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 Promise Technology's earnings, one of the primary drivers of an investment's value.About Promise Technology Financial Statements
Promise Technology investors use historical fundamental indicators, such as Promise Technology'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 Promise Technology. Please read more on our technical analysis and fundamental analysis pages.
PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets worldwide. PROMISE Technology, Inc. was founded in 1988 and is headquartered in Hsinchu, Taiwan. PROMISE TECHNOLOGY is traded on Taiwan Stock Exchange in Taiwan.
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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 Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise 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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise 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 Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.