Altek Corp Financials
| 3059 Stock | TWD 42.40 1.20 2.75% |
Altek |
Understanding current and past Altek Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altek Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Altek Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Altek Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Altek Corp. Check Altek Corp's Beneish M Score to see the likelihood of Altek Corp's management manipulating its earnings.
Altek Corp Stock Summary
Altek Corp competes with Ability Enterprise, Sunplus Technology, ALi Corp, Edom Technology, and Amtran Technology. Altek Corporation engages in the development, manufacture, and sale of digital image technology application products. Altek Corporation was founded in 1996 and is headquartered in Hsinchu, Taiwan. ALTEK CORP is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0003059002 |
| Business Address | No12, Li-Hsin Road, |
| Sector | Household Durables |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.altek.com.tw |
| Phone | 886 3 578 4567 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Altek Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altek Stock, because this is throwing your money away. Analyzing the key information contained in Altek Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Altek Corp Key Financial Ratios
There are many critical financial ratios that Altek Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altek Corp reports annually and quarterly.| Return On Equity | 0.0399 | |||
| Return On Asset | 0.0115 | |||
| Target Price | 43.83 | |||
| Number Of Employees | 25 | |||
| Beta | 0.92 |
Altek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altek Corp's current stock value. Our valuation model uses many indicators to compare Altek Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altek Corp competition to find correlations between indicators driving Altek Corp's intrinsic value. More Info.Altek 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 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Altek Corp is roughly 3.47 . 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 Altek Corp's earnings, one of the primary drivers of an investment's value.Altek Corp Systematic Risk
Altek Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altek Corp 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Altek Corp correlated with the market. If Beta is less than 0 Altek Corp generally moves in the opposite direction as compared to the market. If Altek Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altek Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altek Corp is generally in the same direction as the market. If Beta > 1 Altek Corp moves generally in the same direction as, but more than the movement of the benchmark.
Altek Corp March 19, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altek Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altek Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altek Corp based on widely used predictive technical indicators. In general, we focus on analyzing Altek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altek Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.175 | |||
| Maximum Drawdown | 15.82 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 9.89 |
Additional Tools for Altek Stock Analysis
When running Altek Corp's price analysis, check to measure Altek Corp'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 Altek Corp is operating at the current time. Most of Altek Corp's value examination focuses on studying past and present price action to predict the probability of Altek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altek Corp's price. Additionally, you may evaluate how the addition of Altek Corp to your portfolios can decrease your overall portfolio volatility.