Grand Plastic Technology Stock Price To Earnings To Growth
| 3131 Stock | TWD 1,770 20.00 1.14% |
Grand Plastic Technology fundamentals help investors to digest information that contributes to Grand Plastic's financial success or failures. It also enables traders to predict the movement of Grand Stock. The fundamental analysis module provides a way to measure Grand Plastic'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 Grand Plastic stock.
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Grand Plastic Technology Company Price To Earnings To Growth Analysis
Grand Plastic's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, Grand Plastic Technology has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Semiconductor Equipment & Materials industry. The price to earnings to growth for all Taiwan stocks is 100.0% higher than that of the company.
Grand Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Grand Plastic's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Grand Plastic could also be used in its relative valuation, which is a method of valuing Grand Plastic by comparing valuation metrics of similar companies.Grand Plastic is currently under evaluation in price to earnings to growth category among its peers.
Grand Fundamentals
| Return On Equity | 0.27 | |||
| Return On Asset | 0.0789 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 5.42 B | |||
| Shares Outstanding | 28.52 M | |||
| Shares Owned By Insiders | 36.42 % | |||
| Shares Owned By Institutions | 15.06 % | |||
| Price To Earning | 13.55 X | |||
| Price To Book | 2.11 X | |||
| Price To Sales | 1.73 X | |||
| Revenue | 3.66 B | |||
| Gross Profit | 1.56 B | |||
| EBITDA | 949.27 M | |||
| Net Income | 669.51 M | |||
| Cash And Equivalents | 1.41 B | |||
| Cash Per Share | 53.05 X | |||
| Total Debt | 296.89 M | |||
| Debt To Equity | 29.30 % | |||
| Current Ratio | 1.39 X | |||
| Book Value Per Share | 110.92 X | |||
| Cash Flow From Operations | 631.4 M | |||
| Earnings Per Share | 28.23 X | |||
| Number Of Employees | 12 | |||
| Beta | 1.84 | |||
| Market Capitalization | 6.93 B | |||
| Total Asset | 6.15 B | |||
| Z Score | 13.8 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 6.43 % | |||
| Net Asset | 6.15 B | |||
| Last Dividend Paid | 17.0 |
About Grand Plastic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grand Plastic Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grand Plastic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grand Plastic Technology 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 Grand Plastic
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 Grand Plastic 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 Grand Plastic will appreciate offsetting losses from the drop in the long position's value.Moving against Grand Stock
| 0.54 | 5434 | Topco Scientific | PairCorr |
| 0.49 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.47 | 3443 | Global Unichip Corp | PairCorr |
| 0.46 | 6176 | Radiant Opto Electro | PairCorr |
| 0.44 | 3529 | eMemory Technology | PairCorr |
The ability to find closely correlated positions to Grand Plastic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grand Plastic 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 Grand Plastic - 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 Grand Plastic Technology to buy it.
The correlation of Grand Plastic 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 Grand Plastic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grand Plastic Technology 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 Grand Plastic 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 Grand Stock Analysis
When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.