Wayi International Digital Stock Cash Per Share
| 3086 Stock | TWD 170.50 12.50 7.91% |
Wayi International Digital fundamentals help investors to digest information that contributes to Wayi International's financial success or failures. It also enables traders to predict the movement of Wayi Stock. The fundamental analysis module provides a way to measure Wayi International'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 Wayi International stock.
Wayi |
Wayi International Digital Company Cash Per Share Analysis
Wayi International's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Wayi International Cash Per Share | 11.40 X |
Most of Wayi International's fundamental indicators, such as Cash Per Share, 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, Wayi International Digital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Wayi International Digital has a Cash Per Share of 11.4 times. This is much higher than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The cash per share for all Taiwan stocks is 127.54% lower than that of the firm.
Wayi Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wayi International's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wayi International could also be used in its relative valuation, which is a method of valuing Wayi International by comparing valuation metrics of similar companies.Wayi International is currently under evaluation in cash per share category among its peers.
Wayi Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0318 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 1.64 B | |||
| Shares Outstanding | 22.27 M | |||
| Shares Owned By Insiders | 78.52 % | |||
| Price To Book | 5.85 X | |||
| Price To Sales | 10.68 X | |||
| Revenue | 248.36 M | |||
| Gross Profit | 187.97 M | |||
| EBITDA | 106.78 M | |||
| Net Income | 92.94 M | |||
| Cash And Equivalents | 220.71 M | |||
| Cash Per Share | 11.40 X | |||
| Total Debt | 10.53 M | |||
| Debt To Equity | 0.04 % | |||
| Current Ratio | 2.95 X | |||
| Book Value Per Share | 14.14 X | |||
| Cash Flow From Operations | 108.48 M | |||
| Earnings Per Share | 1.65 X | |||
| Number Of Employees | 15 | |||
| Beta | 1.5 | |||
| Market Capitalization | 1.76 B | |||
| Total Asset | 388.86 M | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 388.86 M | |||
| Last Dividend Paid | 1.74 |
About Wayi International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wayi International Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wayi International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wayi International Digital 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 Wayi International
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 Wayi International 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 Wayi International will appreciate offsetting losses from the drop in the long position's value.Moving together with Wayi Stock
Moving against Wayi Stock
| 0.85 | 2324 | Compal Electronics | PairCorr |
| 0.83 | 2882B | Cathay Financial Holding | PairCorr |
| 0.77 | 3231 | Wistron Corp | PairCorr |
| 0.73 | 6180 | Gamania Digital Ente | PairCorr |
| 0.67 | 3702A | WPG Holdings | PairCorr |
The ability to find closely correlated positions to Wayi International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wayi International 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 Wayi International - 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 Wayi International Digital to buy it.
The correlation of Wayi International 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 Wayi International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wayi International 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 Wayi International 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 Wayi Stock Analysis
When running Wayi International's price analysis, check to measure Wayi International'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 Wayi International is operating at the current time. Most of Wayi International's value examination focuses on studying past and present price action to predict the probability of Wayi International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayi International's price. Additionally, you may evaluate how the addition of Wayi International to your portfolios can decrease your overall portfolio volatility.