Mirle Automation Corp Stock Fundamentals

2464 Stock  TWD 74.90  1.60  2.18%   
Mirle Automation Corp fundamentals help investors to digest information that contributes to Mirle Automation's financial success or failures. It also enables traders to predict the movement of Mirle Stock. The fundamental analysis module provides a way to measure Mirle Automation'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 Mirle Automation stock.
  
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Mirle Automation Corp Company Current Valuation Analysis

Mirle Automation'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.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Mirle Automation Current Valuation

    
  8.64 B  
Most of Mirle Automation'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, Mirle Automation Corp 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, Mirle Automation Corp has a Current Valuation of 8.64 B. This is 55.27% lower than that of the Machinery sector and 90.68% lower than that of the Industrials industry. The current valuation for all Taiwan stocks is 48.03% higher than that of the company.

Mirle Automation Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mirle Automation's current stock value. Our valuation model uses many indicators to compare Mirle Automation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mirle Automation competition to find correlations between indicators driving Mirle Automation's intrinsic value. More Info.
Mirle Automation Corp 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 reporting about  0.16  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mirle Automation Corp is roughly  6.07 . 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 Mirle Automation's earnings, one of the primary drivers of an investment's value.

Mirle Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mirle Automation'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 Mirle Automation could also be used in its relative valuation, which is a method of valuing Mirle Automation by comparing valuation metrics of similar companies.
Mirle Automation is currently under evaluation in current valuation category among its peers.

Mirle Fundamentals

About Mirle Automation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mirle Automation Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mirle Automation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mirle Automation Corp 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.
Mirle Automation Corporation manufactures and sells automation system integrators and related products. Mirle Automation Corporation was founded in 1989 and is headquartered in Hsinchu, Taiwan. MIRLE AUTOMATION operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange.

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Additional Tools for Mirle Stock Analysis

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