Everspring Industry Co Stock Return On Equity

2390 Stock  TWD 12.65  0.05  0.40%   
Everspring Industry Co fundamentals help investors to digest information that contributes to Everspring Industry's financial success or failures. It also enables traders to predict the movement of Everspring Stock. The fundamental analysis module provides a way to measure Everspring Industry'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 Everspring Industry stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Everspring Industry Co Company Return On Equity Analysis

Everspring Industry's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Everspring Industry Return On Equity

    
  -0.21  
Most of Everspring Industry's fundamental indicators, such as Return On Equity, 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, Everspring Industry Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Everspring Industry Co has a Return On Equity of -0.2123. This is 148.25% lower than that of the Electronic Equipment, Instruments & Components sector and 96.42% lower than that of the Information Technology industry. The return on equity for all Taiwan stocks is 31.52% lower than that of the firm.

Everspring Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Everspring Industry's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Everspring Industry could also be used in its relative valuation, which is a method of valuing Everspring Industry by comparing valuation metrics of similar companies.
Everspring Industry is currently under evaluation in return on equity category among its peers.

Everspring Fundamentals

About Everspring Industry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Everspring Industry Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Everspring Industry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Everspring Industry 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.

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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 Everspring Stock Analysis

When running Everspring Industry's price analysis, check to measure Everspring Industry'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 Everspring Industry is operating at the current time. Most of Everspring Industry's value examination focuses on studying past and present price action to predict the probability of Everspring Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everspring Industry's price. Additionally, you may evaluate how the addition of Everspring Industry to your portfolios can decrease your overall portfolio volatility.