Shihlin Electric Engineering Stock Beta
| 1503 Stock | TWD 182.00 0.50 0.28% |
Shihlin Electric Engineering fundamentals help investors to digest information that contributes to Shihlin Electric's financial success or failures. It also enables traders to predict the movement of Shihlin Stock. The fundamental analysis module provides a way to measure Shihlin Electric'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 Shihlin Electric stock.
Shihlin |
Shihlin Electric Engineering Company Beta Analysis
Shihlin Electric's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Shihlin Electric Beta | 0.34 |
Most of Shihlin Electric's fundamental indicators, such as Beta, 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, Shihlin Electric Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Shihlin Electric Engineering has a Beta of 0.3394. This is 75.23% lower than that of the Electrical Equipment sector and 73.89% lower than that of the Industrials industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Shihlin Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shihlin Electric's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shihlin Electric could also be used in its relative valuation, which is a method of valuing Shihlin Electric by comparing valuation metrics of similar companies.Shihlin Electric is currently under evaluation in beta category among its peers.
As returns on the market increase, Shihlin Electric's returns are expected to increase less than the market. However, during the bear market, the loss of holding Shihlin Electric is expected to be smaller as well.
Shihlin Fundamentals
| Return On Equity | 0.0797 | |||
| Return On Asset | 0.0318 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 31.19 B | |||
| Shares Outstanding | 520.97 M | |||
| Shares Owned By Insiders | 49.06 % | |||
| Shares Owned By Institutions | 11.99 % | |||
| Price To Earning | 13.86 X | |||
| Price To Book | 1.14 X | |||
| Price To Sales | 1.05 X | |||
| Revenue | 27.69 B | |||
| Gross Profit | 4.99 B | |||
| EBITDA | 3.24 B | |||
| Net Income | 1.8 B | |||
| Cash And Equivalents | 3.17 B | |||
| Cash Per Share | 6.08 X | |||
| Total Debt | 654.58 M | |||
| Debt To Equity | 14.00 % | |||
| Current Ratio | 1.26 X | |||
| Book Value Per Share | 52.51 X | |||
| Cash Flow From Operations | 2.3 B | |||
| Earnings Per Share | 3.93 X | |||
| Number Of Employees | 37 | |||
| Beta | 0.34 | |||
| Market Capitalization | 35.27 B | |||
| Total Asset | 45.2 B | |||
| Retained Earnings | 13.16 B | |||
| Working Capital | 2.98 B | |||
| Current Asset | 13.78 B | |||
| Current Liabilities | 10.8 B | |||
| Z Score | 31.8 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.39 % | |||
| Net Asset | 45.2 B | |||
| Last Dividend Paid | 1.8 |
About Shihlin Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shihlin Electric Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shihlin Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shihlin Electric Engineering 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Shihlin Stock Analysis
When running Shihlin Electric's price analysis, check to measure Shihlin Electric'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 Shihlin Electric is operating at the current time. Most of Shihlin Electric's value examination focuses on studying past and present price action to predict the probability of Shihlin Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shihlin Electric's price. Additionally, you may evaluate how the addition of Shihlin Electric to your portfolios can decrease your overall portfolio volatility.