Ta Ya Financials
1609 Stock | TWD 39.60 0.10 0.25% |
1609 |
Understanding current and past Ta Ya Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ta Ya's financial statements are interrelated, with each one affecting the others. For example, an increase in Ta Ya's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ta Ya's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ta Ya Electric. Check Ta Ya's Beneish M Score to see the likelihood of Ta Ya's management manipulating its earnings.
Ta Ya Stock Summary
Ta Ya competes with Walsin Lihwa, Hua Eng, Hong Tai, Chung Hsin, and USI Corp. Ta Ya Electric Wire Cable Co., Ltd engages in the manufacture and sale of electric wires and cables in Taiwan and rest of Asia. The company was founded in 1955 and is headquartered in Tainan City, Taiwan. TA YA operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1665 people.Instrument | Taiwan Stock View All |
Exchange | Taiwan Stock Exchange |
ISIN | TW0001609006 |
Business Address | No 249, Chung |
Sector | Electrical Equipment |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.taya.com.tw |
Phone | 886 6 595 3131 |
Currency | TWD - New Taiwan Dollar |
You should never invest in Ta Ya without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of 1609 Stock, because this is throwing your money away. Analyzing the key information contained in Ta Ya's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ta Ya Key Financial Ratios
There are many critical financial ratios that Ta Ya's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ta Ya Electric reports annually and quarterly.Return On Equity | 0.12 | |||
Return On Asset | 0.0172 | |||
Target Price | 35.57 | |||
Beta | 0.98 | |||
Z Score | 0.6 |
1609 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ta Ya's current stock value. Our valuation model uses many indicators to compare Ta Ya value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ta Ya competition to find correlations between indicators driving Ta Ya's intrinsic value. More Info.Ta Ya Electric is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.15 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ta Ya Electric is roughly 6.78 . 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 Ta Ya's earnings, one of the primary drivers of an investment's value.Ta Ya Electric Systematic Risk
Ta Ya's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ta Ya 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 Ta Ya Electric correlated with the market. If Beta is less than 0 Ta Ya generally moves in the opposite direction as compared to the market. If Ta Ya Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ta Ya Electric is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ta Ya is generally in the same direction as the market. If Beta > 1 Ta Ya moves generally in the same direction as, but more than the movement of the benchmark.
Ta Ya January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ta Ya help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ta Ya Electric. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ta Ya Electric based on widely used predictive technical indicators. In general, we focus on analyzing 1609 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ta Ya's daily price indicators and compare them against related drivers.
Information Ratio | (0.20) | |||
Maximum Drawdown | 7.39 | |||
Value At Risk | (2.61) | |||
Potential Upside | 1.79 |
Additional Tools for 1609 Stock Analysis
When running Ta Ya's price analysis, check to measure Ta Ya'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 Ta Ya is operating at the current time. Most of Ta Ya's value examination focuses on studying past and present price action to predict the probability of Ta Ya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ta Ya's price. Additionally, you may evaluate how the addition of Ta Ya to your portfolios can decrease your overall portfolio volatility.