Cheng Mei Materials Stock Debt To Equity
| 4960 Stock | 13.30 0.15 1.14% |
Cheng Mei Materials fundamentals help investors to digest information that contributes to Cheng Mei's financial success or failures. It also enables traders to predict the movement of Cheng Stock. The fundamental analysis module provides a way to measure Cheng Mei'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 Cheng Mei stock.
Cheng |
Cheng Mei Materials Company Debt To Equity Analysis
Cheng Mei's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Cheng Mei Debt To Equity | 26.80 % |
Most of Cheng Mei's fundamental indicators, such as Debt To 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, Cheng Mei Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
According to the company disclosure, Cheng Mei Materials has a Debt To Equity of 26.8%. This is much higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The debt to equity for all Taiwan stocks is notably lower than that of the firm.
Cheng Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheng Mei's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cheng Mei could also be used in its relative valuation, which is a method of valuing Cheng Mei by comparing valuation metrics of similar companies.Cheng Mei is currently under evaluation in debt to equity category among its peers.
Cheng Fundamentals
| Return On Equity | 0.0575 | |||
| Return On Asset | 0.0059 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 3.84 B | |||
| Shares Outstanding | 674.15 M | |||
| Shares Owned By Insiders | 24.82 % | |||
| Shares Owned By Institutions | 2.10 % | |||
| Price To Earning | 0.78 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 9.5 B | |||
| Gross Profit | 908.77 M | |||
| EBITDA | 969.26 M | |||
| Net Income | 462.12 M | |||
| Cash And Equivalents | 3.76 B | |||
| Cash Per Share | 7.30 X | |||
| Total Debt | 1.66 B | |||
| Debt To Equity | 26.80 % | |||
| Current Ratio | 1.09 X | |||
| Book Value Per Share | 16.48 X | |||
| Cash Flow From Operations | 2.01 B | |||
| Earnings Per Share | 0.91 X | |||
| Target Price | 24.6 | |||
| Number Of Employees | 19 | |||
| Beta | 1.53 | |||
| Market Capitalization | 7.92 B | |||
| Total Asset | 15.07 B | |||
| Retained Earnings | 5.93 B | |||
| Working Capital | 5.97 B | |||
| Current Asset | 9.8 B | |||
| Current Liabilities | 3.83 B | |||
| Z Score | 2.4 | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 15.07 B | |||
| Last Dividend Paid | 0.5 |
About Cheng Mei Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cheng Mei Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Mei using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Mei Materials 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.
Also Currently Popular
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 Cheng Stock Analysis
When running Cheng Mei's price analysis, check to measure Cheng Mei'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 Cheng Mei is operating at the current time. Most of Cheng Mei's value examination focuses on studying past and present price action to predict the probability of Cheng Mei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Mei's price. Additionally, you may evaluate how the addition of Cheng Mei to your portfolios can decrease your overall portfolio volatility.