Eminent Luggage (Taiwan) Performance
| 9950 Stock | TWD 14.80 0.40 2.78% |
Eminent Luggage has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Eminent Luggage are expected to decrease at a much lower rate. During the bear market, Eminent Luggage is likely to outperform the market. Eminent Luggage right now shows a risk of 1.51%. Please confirm Eminent Luggage jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Eminent Luggage will be following its price patterns.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Eminent Luggage are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Eminent Luggage is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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Eminent Luggage Relative Risk vs. Return Landscape
If you would invest 1,460 in Eminent Luggage on September 15, 2024 and sell it today you would earn a total of 20.00 from holding Eminent Luggage or generate 1.37% return on investment over 90 days. Eminent Luggage is generating 0.032% of daily returns and assumes 1.5104% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Eminent, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Eminent Luggage Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eminent Luggage's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Eminent Luggage, and traders can use it to determine the average amount a Eminent Luggage's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0212
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Eminent Luggage is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eminent Luggage by adding it to a well-diversified portfolio.
Eminent Luggage Fundamentals Growth
Eminent Stock prices reflect investors' perceptions of the future prospects and financial health of Eminent Luggage, and Eminent Luggage fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Eminent Stock performance.
| EBITDA | (110.52 M) | |||
| Cash And Equivalents | 141.48 M | |||
| Cash Per Share | 1.42 X | |||
| Total Debt | 2.41 B | |||
| Debt To Equity | 172.80 % | |||
| Book Value Per Share | 14.03 X | |||
| Cash Flow From Operations | (25.74 M) | |||
| Earnings Per Share | (2.62) X | |||
About Eminent Luggage Performance
Evaluating Eminent Luggage's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Eminent Luggage has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Eminent Luggage has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Eminent Luggage Corporation designs, manufactures, and sells luggage products worldwide. Eminent Luggage Corporation was founded in 1979 and is headquartered in Tainan, Taiwan. EMINENT LUGGAGE operates under Footwear Accessories classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 1565 people.Things to note about Eminent Luggage performance evaluation
Checking the ongoing alerts about Eminent Luggage for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Eminent Luggage help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Eminent Luggage has high likelihood to experience some financial distress in the next 2 years | |
| Eminent Luggage has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Eminent Luggage has accumulated 2.41 B in total debt with debt to equity ratio (D/E) of 172.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Eminent Luggage has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Eminent Luggage until it has trouble settling it off, either with new capital or with free cash flow. So, Eminent Luggage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Eminent Luggage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Eminent to invest in growth at high rates of return. When we think about Eminent Luggage's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (262.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eminent Luggage has accumulated about 141.48 M in cash with (25.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.42. |
- Analyzing Eminent Luggage's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Eminent Luggage's stock is overvalued or undervalued compared to its peers.
- Examining Eminent Luggage's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Eminent Luggage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Eminent Luggage's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Eminent Luggage's stock. These opinions can provide insight into Eminent Luggage's potential for growth and whether the stock is currently undervalued or overvalued.
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.