Acer E Enabling Service Stock Price To Sales
| 6811 Stock | TWD 304.00 2.00 0.65% |
Acer E Enabling Service fundamentals help investors to digest information that contributes to Acer E's financial success or failures. It also enables traders to predict the movement of Acer Stock. The fundamental analysis module provides a way to measure Acer E'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 Acer E stock.
Acer |
Acer E Enabling Service Company Price To Sales Analysis
Acer E's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Acer E Price To Sales | 1.31 X |
Most of Acer E's fundamental indicators, such as Price To Sales, 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, Acer E Enabling Service is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Acer E Enabling Service has a Price To Sales of 1.31 times. This is 72.54% lower than that of the Technology sector and 34.17% lower than that of the Information Technology Services industry. The price to sales for all Taiwan stocks is 88.53% higher than that of the company.
Acer Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Acer E's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Acer E could also be used in its relative valuation, which is a method of valuing Acer E by comparing valuation metrics of similar companies.Acer E is currently under evaluation in price to sales category among its peers.
Acer Fundamentals
| Return On Equity | 37.89 | |||
| Return On Asset | 5.76 | |||
| Profit Margin | 3.94 % | |||
| Operating Margin | 5.20 % | |||
| Current Valuation | 6.7 B | |||
| Shares Outstanding | 36.45 M | |||
| Price To Earning | 40.11 X | |||
| Price To Book | 11.40 X | |||
| Price To Sales | 1.31 X | |||
| Revenue | 6.03 B | |||
| Gross Profit | 651.36 M | |||
| EBITDA | 316.61 M | |||
| Net Income | 237.49 M | |||
| Cash And Equivalents | 1.33 B | |||
| Cash Per Share | 36.39 X | |||
| Total Debt | 7.52 M | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.20 X | |||
| Book Value Per Share | 19.04 X | |||
| Cash Flow From Operations | 527.86 M | |||
| Earnings Per Share | 5.41 X | |||
| Number Of Employees | 303 | |||
| Market Capitalization | 7.91 B | |||
| Last Dividend Paid | 3.5 |
About Acer E Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Acer E Enabling Service's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acer E using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acer E Enabling Service 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 Acer E
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 Acer E 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 Acer E will appreciate offsetting losses from the drop in the long position's value.Moving together with Acer Stock
Moving against Acer Stock
| 0.36 | 9928 | China Television | PairCorr |
| 0.36 | 2633 | Taiwan High Speed | PairCorr |
| 0.35 | 2705 | Leofoo Development | PairCorr |
The ability to find closely correlated positions to Acer E could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acer E 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 Acer E - 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 Acer E Enabling Service to buy it.
The correlation of Acer E 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 Acer E moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acer E Enabling 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 Acer E 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 Acer Stock Analysis
When running Acer E's price analysis, check to measure Acer E'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 Acer E is operating at the current time. Most of Acer E's value examination focuses on studying past and present price action to predict the probability of Acer E's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acer E's price. Additionally, you may evaluate how the addition of Acer E to your portfolios can decrease your overall portfolio volatility.