Mirle Automation Financials
| 2464 Stock | TWD 74.90 2.00 2.60% |
Mirle |
Understanding current and past Mirle Automation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mirle Automation's financial statements are interrelated, with each one affecting the others. For example, an increase in Mirle Automation's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Mirle Automation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mirle Automation Corp. Check Mirle Automation's Beneish M Score to see the likelihood of Mirle Automation's management manipulating its earnings.
Mirle Automation Stock Summary
Mirle Automation competes with United Integrated, Greatek Electronics, Merry Electronics, Transcend Information, and Stark Technology. Mirle Automation Corporation manufactures and sells automation system integrators and related products. Mirle Automation Corporation was founded in 1989 and is headquartered in Hsinchu, Taiwan. MIRLE AUTOMATION operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002464005 |
| Business Address | No 3, Hsinchu |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.mirle.com.tw |
| Phone | 886 3 578 3280 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Mirle Automation without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mirle Stock, because this is throwing your money away. Analyzing the key information contained in Mirle Automation's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mirle Automation Key Financial Ratios
There are many critical financial ratios that Mirle Automation's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mirle Automation Corp reports annually and quarterly.Mirle Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mirle Automation's current stock value. Our valuation model uses many indicators to compare Mirle Automation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirle Automation competition to find correlations between indicators driving Mirle Automation's intrinsic value. More Info.Mirle Automation 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 0.16 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mirle Automation Corp is roughly 6.07 . 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 Mirle Automation's earnings, one of the primary drivers of an investment's value.Mirle Automation Corp Systematic Risk
Mirle Automation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mirle Automation 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 Mirle Automation Corp correlated with the market. If Beta is less than 0 Mirle Automation generally moves in the opposite direction as compared to the market. If Mirle Automation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mirle Automation Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mirle Automation is generally in the same direction as the market. If Beta > 1 Mirle Automation moves generally in the same direction as, but more than the movement of the benchmark.
Mirle Automation December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mirle Automation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mirle Automation Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mirle Automation Corp based on widely used predictive technical indicators. In general, we focus on analyzing Mirle Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mirle Automation's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.06 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.22 |
Additional Tools for Mirle Stock Analysis
When running Mirle Automation's price analysis, check to measure Mirle Automation'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 Mirle Automation is operating at the current time. Most of Mirle Automation's value examination focuses on studying past and present price action to predict the probability of Mirle Automation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mirle Automation's price. Additionally, you may evaluate how the addition of Mirle Automation to your portfolios can decrease your overall portfolio volatility.