Prosperity Dielectrics Co Stock Fundamentals
| 6173 Stock | TWD 43.35 0.25 0.57% |
Prosperity Dielectrics Co fundamentals help investors to digest information that contributes to Prosperity Dielectrics' financial success or failures. It also enables traders to predict the movement of Prosperity Stock. The fundamental analysis module provides a way to measure Prosperity Dielectrics' 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 Prosperity Dielectrics stock.
Prosperity |
Prosperity Dielectrics Co Company Current Valuation Analysis
Prosperity Dielectrics' 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 Prosperity Dielectrics Current Valuation | 5.22 B |
Most of Prosperity Dielectrics' 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, Prosperity Dielectrics Co 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.
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In accordance with the recently published financial statements, Prosperity Dielectrics Co has a Current Valuation of 5.22 B. This is 72.99% lower than that of the Technology sector and 78.22% lower than that of the Semiconductors industry. The current valuation for all Taiwan stocks is 68.62% higher than that of the company.
Prosperity Dielectrics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prosperity Dielectrics's current stock value. Our valuation model uses many indicators to compare Prosperity Dielectrics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prosperity Dielectrics competition to find correlations between indicators driving Prosperity Dielectrics's intrinsic value. More Info.Prosperity Dielectrics Co is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Prosperity Dielectrics Co is roughly 2.06 . 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 Prosperity Dielectrics' earnings, one of the primary drivers of an investment's value.Prosperity Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prosperity Dielectrics' 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 Prosperity Dielectrics could also be used in its relative valuation, which is a method of valuing Prosperity Dielectrics by comparing valuation metrics of similar companies.Prosperity Dielectrics is currently under evaluation in current valuation category among its peers.
Prosperity Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.059 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 5.22 B | |||
| Shares Outstanding | 171.2 M | |||
| Shares Owned By Insiders | 46.56 % | |||
| Shares Owned By Institutions | 2.14 % | |||
| Price To Earning | 6.96 X | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 1.29 X | |||
| Revenue | 6.01 B | |||
| Gross Profit | 1.59 B | |||
| EBITDA | 1.86 B | |||
| Net Income | 1.14 B | |||
| Cash And Equivalents | 1.77 B | |||
| Cash Per Share | 10.30 X | |||
| Total Debt | 817.66 M | |||
| Debt To Equity | 6.50 % | |||
| Current Ratio | 1.67 X | |||
| Book Value Per Share | 36.90 X | |||
| Cash Flow From Operations | 789.24 M | |||
| Earnings Per Share | 4.48 X | |||
| Number Of Employees | 891 | |||
| Beta | 1.27 | |||
| Market Capitalization | 6.68 B | |||
| Total Asset | 9.09 B | |||
| Z Score | 4.8 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 9.09 B | |||
| Last Dividend Paid | 2.0 |
About Prosperity Dielectrics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prosperity Dielectrics Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prosperity Dielectrics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prosperity Dielectrics Co 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.Prosperity Dielectrics Co., Ltd. manufactures and exports ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. Prosperity Dielectrics Co., Ltd. was founded in 1990 and is based in Taoyuan, Taiwan. PROSPERITY DIELECTRICS operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1252 people.
Pair Trading with Prosperity Dielectrics
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 Prosperity Dielectrics 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 Prosperity Dielectrics will appreciate offsetting losses from the drop in the long position's value.Moving together with Prosperity Stock
| 0.79 | 2303 | United Microelectronics | PairCorr |
| 0.74 | 3034 | Novatek Microelectronics | PairCorr |
| 0.69 | 6415 | Silergy Corp | PairCorr |
Moving against Prosperity Stock
| 0.76 | 3036A | WT Microelectronics | PairCorr |
| 0.72 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.65 | 2609 | Yang Ming Marine | PairCorr |
| 0.61 | 2354 | Foxconn Technology | PairCorr |
| 0.57 | 1231 | Lian Hwa Foods | PairCorr |
The ability to find closely correlated positions to Prosperity Dielectrics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prosperity Dielectrics 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 Prosperity Dielectrics - 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 Prosperity Dielectrics Co to buy it.
The correlation of Prosperity Dielectrics 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 Prosperity Dielectrics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prosperity Dielectrics 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 Prosperity Dielectrics 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 Prosperity Stock Analysis
When running Prosperity Dielectrics' price analysis, check to measure Prosperity Dielectrics' 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 Prosperity Dielectrics is operating at the current time. Most of Prosperity Dielectrics' value examination focuses on studying past and present price action to predict the probability of Prosperity Dielectrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Dielectrics' price. Additionally, you may evaluate how the addition of Prosperity Dielectrics to your portfolios can decrease your overall portfolio volatility.