Inmax Holding Co Stock Price To Earning
| 1591 Stock | TWD 54.80 0.80 1.48% |
Inmax Holding Co fundamentals help investors to digest information that contributes to Inmax Holding's financial success or failures. It also enables traders to predict the movement of Inmax Stock. The fundamental analysis module provides a way to measure Inmax Holding'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 Inmax Holding stock.
Inmax |
Inmax Holding Co Company Price To Earning Analysis
Inmax Holding's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Inmax Holding Price To Earning | 11.45 X |
Most of Inmax Holding's fundamental indicators, such as Price To Earning, 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, Inmax Holding Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Inmax Holding Co has a Price To Earning of 11.45 times. This is 42.14% lower than that of the Industrials sector and 51.73% lower than that of the Tools & Accessories industry. The price to earning for all Taiwan stocks is 60.13% higher than that of the company.
Inmax Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Inmax Holding's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Inmax Holding could also be used in its relative valuation, which is a method of valuing Inmax Holding by comparing valuation metrics of similar companies.Inmax Holding is currently under evaluation in price to earning category among its peers.
Inmax Fundamentals
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0879 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 675.38 M | |||
| Shares Outstanding | 32.66 M | |||
| Shares Owned By Insiders | 50.37 % | |||
| Price To Earning | 11.45 X | |||
| Price To Book | 1.32 X | |||
| Price To Sales | 0.84 X | |||
| Revenue | 572.79 M | |||
| Gross Profit | 118.67 M | |||
| EBITDA | 100.79 M | |||
| Net Income | 49.77 M | |||
| Cash And Equivalents | 140.18 M | |||
| Cash Per Share | 4.09 X | |||
| Total Debt | 5.2 M | |||
| Debt To Equity | 0.45 % | |||
| Current Ratio | 1.64 X | |||
| Book Value Per Share | 14.10 X | |||
| Cash Flow From Operations | 107.79 M | |||
| Earnings Per Share | 2.32 X | |||
| Number Of Employees | 15 | |||
| Beta | 0.61 | |||
| Market Capitalization | 811.73 M | |||
| Total Asset | 632.73 M | |||
| Z Score | 93.6 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 632.73 M | |||
| Last Dividend Paid | 0.48 |
About Inmax Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Inmax Holding Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Inmax Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Inmax Holding 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.
Pair Trading with Inmax Holding
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 Inmax Holding 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 Inmax Holding will appreciate offsetting losses from the drop in the long position's value.Moving against Inmax Stock
| 0.66 | 8349 | QST International | PairCorr |
| 0.55 | 5007 | San Shing Fastech | PairCorr |
| 0.51 | 0051 | YuantaP shares Taiwan | PairCorr |
| 0.5 | 8021 | Topoint Technology | PairCorr |
| 0.37 | 1527 | Basso Industry Corp | PairCorr |
The ability to find closely correlated positions to Inmax Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inmax Holding 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 Inmax Holding - 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 Inmax Holding Co to buy it.
The correlation of Inmax Holding 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 Inmax Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inmax Holding 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 Inmax Holding 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.Additional Tools for Inmax Stock Analysis
When running Inmax Holding's price analysis, check to measure Inmax Holding'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 Inmax Holding is operating at the current time. Most of Inmax Holding's value examination focuses on studying past and present price action to predict the probability of Inmax Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inmax Holding's price. Additionally, you may evaluate how the addition of Inmax Holding to your portfolios can decrease your overall portfolio volatility.