Allis Electric Return On Equity vs. Current Valuation
| 1514 Stock | TWD 97.90 2.10 2.10% |
For Allis Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allis Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allis Electric Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allis Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allis Electric Co over time as well as its relative position and ranking within its peers.
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Allis Electric Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Allis Electric's current stock value. Our valuation model uses many indicators to compare Allis Electric value to that of its competitors to determine the firm's financial worth. Allis Electric Co is rated fourth in return on equity category among its peers. It is rated below average in current valuation category among its peers reporting about 64,442,262,160 of Current Valuation per Return On Equity. 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 Allis Electric's earnings, one of the primary drivers of an investment's value.Allis Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.14 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Allis Electric |
| = | 8.77 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.
Allis Current Valuation vs Competition
Allis Electric Co is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 158.62 Billion. Allis Electric holds roughly 8.77 Billion in current valuation claiming about 6% of equities under Industrials industry.
Allis Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Allis Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allis Electric will eventually generate negative long term returns. The profitability progress is the general direction of Allis Electric's change in net profit over the period of time. It can combine multiple indicators of Allis Electric, 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.
,Ltd. engages in development, production, and sale of transformers, switching devices, and electronic products worldwide. The company was founded in 1968 and is headquartered in Taipei City, Taiwan. ALLIS ELECTRIC operates under Electrical Equipment Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Allis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Allis Electric. 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 Allis Electric 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 Allis Electric's important profitability drivers and their relationship over time.
Use Allis Electric 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 Allis Electric 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 Allis Electric will appreciate offsetting losses from the drop in the long position's value.Allis Electric Pair Trading
Allis Electric Co Pair Trading Analysis
The ability to find closely correlated positions to Allis Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allis Electric 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 Allis Electric - 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 Allis Electric Co to buy it.
The correlation of Allis Electric 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 Allis Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allis Electric 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 Allis Electric 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 Allis Electric position
In addition to having Allis Electric 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?
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Additional Tools for Allis Stock Analysis
When running Allis Electric's price analysis, check to measure Allis Electric'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 Allis Electric is operating at the current time. Most of Allis Electric's value examination focuses on studying past and present price action to predict the probability of Allis Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allis Electric's price. Additionally, you may evaluate how the addition of Allis Electric to your portfolios can decrease your overall portfolio volatility.