TMP Steel Financials
| 6248 Stock | TWD 28.40 0.10 0.35% |
TMP |
Understanding current and past TMP Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TMP Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in TMP Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in TMP Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TMP Steel. Check TMP Steel's Beneish M Score to see the likelihood of TMP Steel's management manipulating its earnings.
| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0006248008 |
| Business Address | No 132, Chengde |
| Sector | Basic Materials |
| Industry | Steel |
| Benchmark | Dow Jones Industrial |
| Website | www.tmpco.com.tw |
| Phone | 886 2 2599 2838 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in TMP Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TMP Stock, because this is throwing your money away. Analyzing the key information contained in TMP Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
TMP Steel Key Financial Ratios
There are many critical financial ratios that TMP Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TMP Steel reports annually and quarterly.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0592 | |||
| Number Of Employees | 71 | |||
| Beta | 0.0121 | |||
| Z Score | 4.0 |
TMP Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TMP Steel's current stock value. Our valuation model uses many indicators to compare TMP Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TMP Steel competition to find correlations between indicators driving TMP Steel's intrinsic value. More Info.TMP Steel 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 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TMP Steel is roughly 2.70 . 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 TMP Steel's earnings, one of the primary drivers of an investment's value.TMP Steel Systematic Risk
TMP Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TMP Steel 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 fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on TMP Steel correlated with the market. If Beta is less than 0 TMP Steel generally moves in the opposite direction as compared to the market. If TMP Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TMP Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TMP Steel is generally in the same direction as the market. If Beta > 1 TMP Steel moves generally in the same direction as, but more than the movement of the benchmark.
TMP Steel Thematic Clasifications
TMP Steel is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
TMP Steel December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TMP Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TMP Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of TMP Steel based on widely used predictive technical indicators. In general, we focus on analyzing TMP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TMP Steel's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.66 |
Additional Tools for TMP Stock Analysis
When running TMP Steel's price analysis, check to measure TMP Steel'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 TMP Steel is operating at the current time. Most of TMP Steel's value examination focuses on studying past and present price action to predict the probability of TMP Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMP Steel's price. Additionally, you may evaluate how the addition of TMP Steel to your portfolios can decrease your overall portfolio volatility.