Basso Industry Financials
1527 Stock | TWD 43.50 0.50 1.14% |
Basso |
Understanding current and past Basso Industry Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Basso Industry's financial statements are interrelated, with each one affecting the others. For example, an increase in Basso Industry's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Basso Industry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Basso Industry Corp. Check Basso Industry's Beneish M Score to see the likelihood of Basso Industry's management manipulating its earnings.
Basso Industry Stock Summary
Basso Industry competes with Feng Tay, Ruentex Development, WiseChip Semiconductor, Novatek Microelectronics, and Leader Electronics. Basso Industry Corp. manufactures and sells pneumatic fastening tools worldwide. Basso Industry Corp. was founded in 1983 and is headquartered in Taichung, Taiwan. BASSO INDUSTRY operates under Tools Accessories classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 762 people.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0001527000 |
Business Address | Taichung Industrial Park, |
Sector | Household Durables |
Industry | Consumer Discretionary |
Benchmark | Dow Jones Industrial |
Website | www.basso.com.tw |
Phone | 886 4 2359 8877 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Basso Industry without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Basso Stock, because this is throwing your money away. Analyzing the key information contained in Basso Industry's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Basso Industry Key Financial Ratios
There are many critical financial ratios that Basso Industry's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Basso Industry Corp reports annually and quarterly.Return On Equity | 0.18 | |||
Return On Asset | 0.0832 | |||
Target Price | 50.0 | |||
Number Of Employees | 753 | |||
Beta | 0.63 |
Basso Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Basso Industry's current stock value. Our valuation model uses many indicators to compare Basso Industry value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Basso Industry competition to find correlations between indicators driving Basso Industry's intrinsic value. More Info.Basso Industry Corp 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 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Basso Industry Corp is roughly 2.11 . 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 Basso Industry's earnings, one of the primary drivers of an investment's value.Basso Industry Corp Systematic Risk
Basso Industry's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Basso Industry 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 output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Basso Industry Corp correlated with the market. If Beta is less than 0 Basso Industry generally moves in the opposite direction as compared to the market. If Basso Industry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Basso Industry Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Basso Industry is generally in the same direction as the market. If Beta > 1 Basso Industry moves generally in the same direction as, but more than the movement of the benchmark.
Basso Industry December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Basso Industry help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Basso Industry Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Basso Industry Corp based on widely used predictive technical indicators. In general, we focus on analyzing Basso Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Basso Industry's daily price indicators and compare them against related drivers.
Information Ratio | (0.1) | |||
Maximum Drawdown | 8.93 | |||
Value At Risk | (2.02) | |||
Potential Upside | 2.3 |
Additional Tools for Basso Stock Analysis
When running Basso Industry's price analysis, check to measure Basso Industry'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 Basso Industry is operating at the current time. Most of Basso Industry's value examination focuses on studying past and present price action to predict the probability of Basso Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basso Industry's price. Additionally, you may evaluate how the addition of Basso Industry to your portfolios can decrease your overall portfolio volatility.