Globe Union Financials
| 9934 Stock | TWD 14.15 0.25 1.74% |
Globe |
Understanding current and past Globe Union Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Globe Union's financial statements are interrelated, with each one affecting the others. For example, an increase in Globe Union's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Globe Union's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globe Union Industrial. Check Globe Union's Beneish M Score to see the likelihood of Globe Union's management manipulating its earnings.
Globe Union Stock Summary
Globe Union competes with Wan Hai, U Ming, and China Airlines. Globe Union Industrial Corp. engages in the design, development, manufacture, marketing, branding, and sale of kitchen and bathroom products for commercial and residential markets in Taiwan, the United States, Britain, Canada, China, and internationally. Globe Union Industrial Corp. was founded in 1979 and is headquartered in Taichung, Taiwan. GLOBE UNION is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0009934000 |
| Business Address | No22, Chien-Kuo Road, |
| Sector | Building Products |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.globeunion.com |
| Phone | 886 4 2534 9676 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Globe Union without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Globe Stock, because this is throwing your money away. Analyzing the key information contained in Globe Union's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Globe Union Key Financial Ratios
There are many critical financial ratios that Globe Union's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Globe Union Industrial reports annually and quarterly.| Return On Equity | -0.22 | |||
| Return On Asset | -0.0351 | |||
| Target Price | 26.0 | |||
| Number Of Employees | 26 | |||
| Beta | 0.74 |
Globe Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Globe Union's current stock value. Our valuation model uses many indicators to compare Globe Union value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Globe Union competition to find correlations between indicators driving Globe Union's intrinsic value. More Info.Globe Union Industrial is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . 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 Globe Union's earnings, one of the primary drivers of an investment's value.Globe Union Industrial Systematic Risk
Globe Union's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Globe Union 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Globe Union Industrial correlated with the market. If Beta is less than 0 Globe Union generally moves in the opposite direction as compared to the market. If Globe Union Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Globe Union Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Globe Union is generally in the same direction as the market. If Beta > 1 Globe Union moves generally in the same direction as, but more than the movement of the benchmark.
Globe Union December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Globe Union help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Globe Union Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Globe Union Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Globe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Globe Union's daily price indicators and compare them against related drivers.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 12.6 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.4 |
Additional Tools for Globe Stock Analysis
When running Globe Union's price analysis, check to measure Globe Union'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 Globe Union is operating at the current time. Most of Globe Union's value examination focuses on studying past and present price action to predict the probability of Globe Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Union's price. Additionally, you may evaluate how the addition of Globe Union to your portfolios can decrease your overall portfolio volatility.