Elentec Co Stock Fundamentals
| 054210 Stock | KRW 5,070 90.00 1.74% |
Elentec Co fundamentals help investors to digest information that contributes to Elentec Co's financial success or failures. It also enables traders to predict the movement of Elentec Stock. The fundamental analysis module provides a way to measure Elentec Co's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elentec Co stock.
Elentec |
Elentec Co Company Current Valuation Analysis
Elentec Co's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Elentec Co Current Valuation | 301.02 B |
Most of Elentec Co's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elentec Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Elentec Co has a Current Valuation of 301.02 B. This is much higher than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.
Elentec Co Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Elentec Co's current stock value. Our valuation model uses many indicators to compare Elentec Co value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elentec Co competition to find correlations between indicators driving Elentec Co's intrinsic value. More Info.Elentec 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 . The ratio of Return On Equity to Return On Asset for Elentec Co is about 1,178 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elentec Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elentec Co's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Elentec Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elentec Co's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elentec Co could also be used in its relative valuation, which is a method of valuing Elentec Co by comparing valuation metrics of similar companies.Elentec is currently under evaluation in current valuation category among its peers.
Elentec Fundamentals
| Return On Equity | 30.28 | |||
| Return On Asset | 0.0257 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | 301.02 B | |||
| Shares Outstanding | 20.53 M | |||
| Shares Owned By Insiders | 44.90 % | |||
| Shares Owned By Institutions | 1.06 % | |||
| Price To Earning | 5.95 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 763.55 B | |||
| Gross Profit | 60.32 B | |||
| EBITDA | 43.37 B | |||
| Net Income | 33.93 B | |||
| Cash And Equivalents | 62.93 B | |||
| Total Debt | 19.14 B | |||
| Debt To Equity | 119.60 % | |||
| Current Ratio | 0.97 X | |||
| Cash Flow From Operations | 10.65 B | |||
| Target Price | 27700.0 | |||
| Number Of Employees | 307 | |||
| Beta | 1.5 | |||
| Market Capitalization | 299.93 B | |||
| Total Asset | 529.28 B | |||
| Retained Earnings | 98.08 B | |||
| Working Capital | (21.69 B) | |||
| Current Asset | 232.39 B | |||
| Current Liabilities | 254.07 B | |||
| Z Score | 10.0 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 529.28 B |
About Elentec Co Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elentec Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elentec Co using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elentec Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Elentec Co., Ltd. manufactures and sells electronic and communication products in South Korea and internationally. Elentec Co., Ltd. was founded in 1977 and is headquartered in Hwaseong, South Korea. Elentec is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with Elentec Co
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elentec Co position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elentec Co will appreciate offsetting losses from the drop in the long position's value.Moving together with Elentec Stock
| 0.83 | 005930 | Samsung Electronics | PairCorr |
| 0.79 | 005935 | Samsung Electronics | PairCorr |
| 0.84 | 005380 | Hyundai Motor | PairCorr |
Moving against Elentec Stock
| 0.81 | 035420 | Naver | PairCorr |
| 0.73 | 041510 | SM Entertainment | PairCorr |
| 0.65 | 078160 | MEDIPOST | PairCorr |
| 0.47 | 039240 | Gyeongnam Steel | PairCorr |
The ability to find closely correlated positions to Elentec Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elentec Co when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elentec Co - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elentec Co to buy it.
The correlation of Elentec Co is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elentec Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elentec Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elentec Co can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Elentec Stock
Elentec Co financial ratios help investors to determine whether Elentec Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elentec with respect to the benefits of owning Elentec Co security.