Eminent Luggage Stock Current Valuation
| 9950 Stock | TWD 14.80 0.40 2.78% |
Valuation analysis of Eminent Luggage helps investors to measure Eminent Luggage's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Eminent Luggage's price fluctuation is not too volatile at this time. Calculation of the real value of Eminent Luggage is based on 3 months time horizon. Increasing Eminent Luggage's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Eminent stock is determined by what a typical buyer is willing to pay for full or partial control of Eminent Luggage. Since Eminent Luggage is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Eminent Stock. However, Eminent Luggage's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 14.8 | Real 12.29 | Hype 14.8 | Naive 15.58 |
The intrinsic value of Eminent Luggage's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Eminent Luggage's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Eminent Luggage helps investors to forecast how Eminent stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Eminent Luggage more accurately as focusing exclusively on Eminent Luggage's fundamentals will not take into account other important factors: Eminent Luggage Company Current Valuation Analysis
Eminent Luggage's 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.
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.
| Competition |
In accordance with the recently published financial statements, Eminent Luggage has a Current Valuation of 0.0. This is 100.0% lower than that of the Consumer Cyclical sector and 100.0% lower than that of the Footwear & Accessories industry. The current valuation for all Taiwan stocks is 100.0% higher than that of the company.
Eminent Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eminent Luggage's 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 Eminent Luggage could also be used in its relative valuation, which is a method of valuing Eminent Luggage by comparing valuation metrics of similar companies.Eminent Luggage is currently under evaluation in current valuation category among its peers.
Eminent Fundamentals
| EBITDA | (110.52 M) | |||
| Net Income | (262.21 M) | |||
| Cash And Equivalents | 141.48 M | |||
| Cash Per Share | 1.42 X | |||
| Total Debt | 2.41 B | |||
| Debt To Equity | 172.80 % | |||
| Current Ratio | 0.85 X | |||
| Book Value Per Share | 14.03 X | |||
| Cash Flow From Operations | (25.74 M) | |||
| Earnings Per Share | (2.62) X | |||
| Beta | 0.23 | |||
| Market Capitalization | 2.1 B |
About Eminent Luggage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eminent Luggage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eminent Luggage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eminent Luggage 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 Eminent Luggage
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 Eminent Luggage 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 Eminent Luggage will appreciate offsetting losses from the drop in the long position's value.Moving together with Eminent Stock
Moving against Eminent Stock
| 0.79 | 2882B | Cathay Financial Holding | PairCorr |
| 0.78 | 2881A | Fubon Financial Holding | PairCorr |
| 0.77 | 9904 | Pou Chen Corp | PairCorr |
| 0.75 | 2891 | CTBC Financial Holding | PairCorr |
| 0.73 | 2885 | Yuanta Financial Holdings | PairCorr |
The ability to find closely correlated positions to Eminent Luggage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eminent Luggage 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 Eminent Luggage - 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 Eminent Luggage to buy it.
The correlation of Eminent Luggage 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 Eminent Luggage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eminent Luggage 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 Eminent Luggage 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 Eminent Stock Analysis
When running Eminent Luggage's price analysis, check to measure Eminent Luggage'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 Eminent Luggage is operating at the current time. Most of Eminent Luggage's value examination focuses on studying past and present price action to predict the probability of Eminent Luggage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eminent Luggage's price. Additionally, you may evaluate how the addition of Eminent Luggage to your portfolios can decrease your overall portfolio volatility.