Tung Ho Revenue vs. Current Valuation
| 1414 Stock | TWD 24.40 0.60 2.52% |
For Tung Ho profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tung Ho to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tung Ho Textile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tung Ho's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tung Ho Textile over time as well as its relative position and ranking within its peers.
Tung |
Tung Ho Textile Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tung Ho's current stock value. Our valuation model uses many indicators to compare Tung Ho value to that of its competitors to determine the firm's financial worth. Tung Ho Textile is rated fifth in revenue category among its peers. It also is rated fifth in current valuation category among its peers reporting about 4.83 of Current Valuation per Revenue. 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 Tung Ho's earnings, one of the primary drivers of an investment's value.Tung Revenue vs. Competition
Tung Ho Textile is rated fifth in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 111.51 Billion. Tung Ho maintains roughly 809.71 Million in revenue contributing less than 1% to stocks in Consumer Discretionary industry.
Tung Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Tung Ho |
| = | 809.71 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Tung Ho |
| = | 3.91 B |
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.
Tung Current Valuation vs Competition
Tung Ho Textile is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is presently estimated at about 124.45 Billion. Tung Ho holds roughly 3.91 Billion in current valuation claiming about 3% of stocks in Consumer Discretionary industry.
Tung Ho Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tung Ho, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tung Ho will eventually generate negative long term returns. The profitability progress is the general direction of Tung Ho's change in net profit over the period of time. It can combine multiple indicators of Tung Ho, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tung Ho Textile Co., Ltd. develops, manufactures, and sells textile materials in Taiwan. The company was founded in 1959 and is based in Taipei, Taiwan. TUNG HOTEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 246 people.
Tung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tung Ho. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tung Ho position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tung Ho's important profitability drivers and their relationship over time.
Use Tung Ho in pair-trading
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 Tung Ho 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 Tung Ho will appreciate offsetting losses from the drop in the long position's value.Tung Ho Pair Trading
Tung Ho Textile Pair Trading Analysis
The ability to find closely correlated positions to Tung Ho could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tung Ho 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 Tung Ho - 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 Tung Ho Textile to buy it.
The correlation of Tung Ho 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 Tung Ho moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tung Ho Textile 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 Tung Ho 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.Use Investing Themes to Complement your Tung Ho position
In addition to having Tung Ho in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Additional Tools for Tung Stock Analysis
When running Tung Ho's price analysis, check to measure Tung Ho'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 Tung Ho is operating at the current time. Most of Tung Ho's value examination focuses on studying past and present price action to predict the probability of Tung Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tung Ho's price. Additionally, you may evaluate how the addition of Tung Ho to your portfolios can decrease your overall portfolio volatility.