Fortune Electric Financials
| 1519 Stock | TWD 501.00 19.00 3.94% |
Fortune |
Understanding current and past Fortune Electric Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortune Electric's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortune Electric's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Fortune Electric's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortune Electric Co. Check Fortune Electric's Beneish M Score to see the likelihood of Fortune Electric's management manipulating its earnings.
Fortune Electric Stock Summary
Fortune Electric competes with Chung Hsin, TECO Electric, Shihlin Electric, Allis Electric, and Hota Industrial. 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.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0001519007 |
| Business Address | No 10, Jill |
| Sector | Electrical Equipment |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.fortune.com.tw |
| Phone | 886 3 452 6111 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Fortune Electric without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fortune Stock, because this is throwing your money away. Analyzing the key information contained in Fortune Electric's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fortune Electric Key Financial Ratios
There are many critical financial ratios that Fortune Electric's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fortune Electric reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0295 | |||
| Target Price | 58.67 | |||
| Number Of Employees | 23 | |||
| Beta | 0.73 |
Fortune Financial Ratios 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.Fortune Electric Systematic Risk
Fortune Electric's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortune Electric volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Fortune Electric correlated with the market. If Beta is less than 0 Fortune Electric generally moves in the opposite direction as compared to the market. If Fortune Electric Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortune Electric is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortune Electric is generally in the same direction as the market. If Beta > 1 Fortune Electric moves generally in the same direction as, but more than the movement of the benchmark.
Fortune Electric January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortune Electric help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortune Electric Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortune Electric Co based on widely used predictive technical indicators. In general, we focus on analyzing Fortune Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortune Electric's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.46 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 4.24 |
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.