Planet Technology Financials

6263 Stock  TWD 149.00  1.00  0.67%   
We recommend to use Planet Technology fundamental analysis to see if markets are presently undervaluing or overvaluing the firm. Put it differently, you can utilize it to find out if Planet Technology is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and break down thirty-three available financial ratios for Planet Technology, which can be compared to its competitors. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Planet Technology to be traded at NT$146.02 in 90 days.
  
Understanding current and past Planet Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Planet Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Planet Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Planet Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Planet Technology. Check Planet Technology's Beneish M Score to see the likelihood of Planet Technology's management manipulating its earnings.

Planet Technology Stock Summary

Planet Technology competes with TWOWAY Communications, Chun Yuan, ECOVE Environment, Elitegroup Computer, and Compal Broadband. Planet Technology Corporation provides IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and SOHO markets worldwide. The company was founded in 1993 and is based in New Taipei City, Taiwan. PLANET TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 151 people.
InstrumentTaiwan Stock View All
ExchangeTaiwan OTC Exchange
ISINTW0006263007
Business AddressNo 96, Minquan
SectorTechnology
IndustryCommunication Equipment
BenchmarkDow Jones Industrial
Websitewww.planet.com.tw
Phone886 2 2219 9518
CurrencyTWD - New Taiwan Dollar
You should never invest in Planet Technology without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Planet Stock, because this is throwing your money away. Analyzing the key information contained in Planet Technology's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Planet Technology Key Financial Ratios

There are many critical financial ratios that Planet Technology's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Planet Technology reports annually and quarterly.

Planet Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Planet Technology's current stock value. Our valuation model uses many indicators to compare Planet Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Planet Technology competition to find correlations between indicators driving Planet Technology's intrinsic value. More Info.
Planet Technology 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  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Planet Technology is roughly  1.76 . 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 Planet Technology's earnings, one of the primary drivers of an investment's value.

Planet Technology Systematic Risk

Planet Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Planet Technology 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.
Execute Function
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 Planet Technology correlated with the market. If Beta is less than 0 Planet Technology generally moves in the opposite direction as compared to the market. If Planet Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Planet Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Planet Technology is generally in the same direction as the market. If Beta > 1 Planet Technology moves generally in the same direction as, but more than the movement of the benchmark.

Planet Technology January 18, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Planet Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Planet Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Planet Technology based on widely used predictive technical indicators. In general, we focus on analyzing Planet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Planet Technology's daily price indicators and compare them against related drivers.

Additional Tools for Planet Stock Analysis

When running Planet Technology's price analysis, check to measure Planet Technology'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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.