Fittech Financials
| 6706 Stock | TWD 104.50 2.00 1.95% |
Fittech |
Understanding current and past Fittech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fittech's financial statements are interrelated, with each one affecting the others. For example, an increase in Fittech's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Fittech's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fittech Co. Check Fittech's Beneish M Score to see the likelihood of Fittech's management manipulating its earnings.
Fittech Stock Summary
Fittech competes with Sitronix Technology, Taiwan Surface, Nan Ya, Visual Photonics, and Ennostar. ,Ltd provides automatic equipment and system integration services for the optoelectronic, semiconductor, and laser industries. The company operates in Taiwan, China, and rest of Asia, as well as internationally. FITTECH operates under Specialty Industrial Machinery classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0006706005 |
| Business Address | No 3, Taichung |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Benchmark | Dow Jones Industrial |
| Website | www.fittech.com.tw |
| Phone | 886 4 2350 2319 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Fittech without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fittech Stock, because this is throwing your money away. Analyzing the key information contained in Fittech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fittech Key Financial Ratios
There are many critical financial ratios that Fittech's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fittech reports annually and quarterly.| Return On Equity | 0.32 | |||
| Return On Asset | 0.0856 | |||
| Target Price | 127.5 | |||
| Beta | 1.54 | |||
| Z Score | 9.6 |
Fittech Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fittech's current stock value. Our valuation model uses many indicators to compare Fittech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fittech competition to find correlations between indicators driving Fittech's intrinsic value. More Info.Fittech Co 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 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fittech Co is roughly 3.77 . 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 Fittech's earnings, one of the primary drivers of an investment's value.Fittech Systematic Risk
Fittech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fittech 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 Fittech correlated with the market. If Beta is less than 0 Fittech generally moves in the opposite direction as compared to the market. If Fittech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fittech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fittech is generally in the same direction as the market. If Beta > 1 Fittech moves generally in the same direction as, but more than the movement of the benchmark.
Fittech March 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fittech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fittech Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fittech Co based on widely used predictive technical indicators. In general, we focus on analyzing Fittech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fittech's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.67 | |||
| Value At Risk | (7.40) | |||
| Potential Upside | 9.71 |
Additional Tools for Fittech Stock Analysis
When running Fittech's price analysis, check to measure Fittech'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 Fittech is operating at the current time. Most of Fittech's value examination focuses on studying past and present price action to predict the probability of Fittech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fittech's price. Additionally, you may evaluate how the addition of Fittech to your portfolios can decrease your overall portfolio volatility.