Cayman Tung Ling Stock Fundamentals
2924 Stock | TWD 32.65 0.95 3.00% |
Cayman Tung Ling fundamentals help investors to digest information that contributes to Cayman Tung's financial success or failures. It also enables traders to predict the movement of Cayman Stock. The fundamental analysis module provides a way to measure Cayman Tung'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 Cayman Tung stock.
Cayman |
Cayman Tung Ling Company Current Valuation Analysis
Cayman Tung'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 Cayman Tung Current Valuation | 881.09 M |
Most of Cayman Tung'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, Cayman Tung Ling 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, Cayman Tung Ling has a Current Valuation of 881.09 M. This is 95.13% lower than that of the Consumer Cyclical sector and 88.38% lower than that of the Apparel Stores industry. The current valuation for all Taiwan stocks is 94.7% higher than that of the company.
Cayman Tung Ling Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cayman Tung's current stock value. Our valuation model uses many indicators to compare Cayman Tung value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cayman Tung competition to find correlations between indicators driving Cayman Tung's intrinsic value. More Info.Cayman Tung Ling is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . 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 Cayman Tung's earnings, one of the primary drivers of an investment's value. Cayman Tung Ling is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Apparel Stores industry is presently estimated at about 4.41 Billion. Cayman Tung retains roughly 881.09 Million in current valuation claiming about 20% of stocks in Apparel Stores industry.Cayman Fundamentals
Return On Equity | -0.4 | |||
Return On Asset | -0.24 | |||
Profit Margin | (0.74) % | |||
Operating Margin | (1.16) % | |||
Current Valuation | 881.09 M | |||
Shares Outstanding | 32.81 M | |||
Shares Owned By Insiders | 84.46 % | |||
Price To Book | 5.06 X | |||
Price To Sales | 7.24 X | |||
Revenue | 272.36 M | |||
Gross Profit | 91.31 M | |||
EBITDA | (1.14 M) | |||
Net Income | (56.38 M) | |||
Cash And Equivalents | 152.03 M | |||
Cash Per Share | 4.66 X | |||
Total Debt | 200.16 M | |||
Debt To Equity | 48.00 % | |||
Current Ratio | 1.63 X | |||
Book Value Per Share | 5.93 X | |||
Cash Flow From Operations | (36.21 M) | |||
Earnings Per Share | 0.66 X | |||
Number Of Employees | 14 | |||
Beta | 0.0677 | |||
Market Capitalization | 1.2 B | |||
Total Asset | 281.24 M | |||
Z Score | 3.0 | |||
Net Asset | 281.24 M |
About Cayman Tung Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cayman Tung Ling's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cayman Tung using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cayman Tung Ling 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.Cayman Tung Ling Co., Limited researches, develops, manufactures, and sells baby apparel products in Taiwan and internationally. Cayman Tung Ling Co., Limited was founded in 1988 and is headquartered in Taipei, Taiwan. CAYMAN TUNG operates under Apparel Stores classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 560 people.
Pair Trading with Cayman Tung
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 Cayman Tung 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 Cayman Tung will appreciate offsetting losses from the drop in the long position's value.Moving together with Cayman Stock
Moving against Cayman Stock
0.67 | 2609 | Yang Ming Marine | PairCorr |
0.63 | 0050 | YuantaP shares Taiwan | PairCorr |
0.61 | 0057 | Fubon MSCI Taiwan | PairCorr |
0.53 | 0053 | YuantaP shares Taiwan | PairCorr |
0.41 | 5903 | Taiwan FamilyMart | PairCorr |
The ability to find closely correlated positions to Cayman Tung could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cayman Tung 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 Cayman Tung - 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 Cayman Tung Ling to buy it.
The correlation of Cayman Tung 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 Cayman Tung moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cayman Tung Ling 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 Cayman Tung 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 Cayman Stock Analysis
When running Cayman Tung's price analysis, check to measure Cayman Tung'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 Cayman Tung is operating at the current time. Most of Cayman Tung's value examination focuses on studying past and present price action to predict the probability of Cayman Tung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cayman Tung's price. Additionally, you may evaluate how the addition of Cayman Tung to your portfolios can decrease your overall portfolio volatility.