China Electric Price To Sales vs. Current Valuation
| 1611 Stock | TWD 16.05 0.45 2.73% |
For China Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Electric Manufacturing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Electric Manufacturing over time as well as its relative position and ranking within its peers.
China |
China Electric Manuf Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Electric's current stock value. Our valuation model uses many indicators to compare China Electric value to that of its competitors to determine the firm's financial worth. China Electric Manufacturing is number one stock in price to sales category among its peers. It also is the top company in current valuation category among its peers reporting about 1,329,236,982 of Current Valuation per Price To Sales. 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 China Electric's earnings, one of the primary drivers of an investment's value.China Current Valuation vs. Price To Sales
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.
China Electric |
| = | 2.71 X |
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.
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.
China Electric |
| = | 3.6 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.
China Current Valuation vs Competition
China Electric Manufacturing is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 28.6 Billion. China Electric retains roughly 3.6 Billion in current valuation claiming about 13% of equities under Industrials industry.
China Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Electric will eventually generate negative long term returns. The profitability progress is the general direction of China Electric's change in net profit over the period of time. It can combine multiple indicators of China 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.
Corporation manufactures and sells lighting products in Taiwan. The company was founded in 1955 and is based in Taipei City, Taiwan. CHINA ELECTRIC is traded on Taiwan Stock Exchange in Taiwan.
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China 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 China 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 China Electric's important profitability drivers and their relationship over time.
Use China 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 China 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 China Electric will appreciate offsetting losses from the drop in the long position's value.China Electric Pair Trading
China Electric Manufacturing Pair Trading Analysis
The ability to find closely correlated positions to China 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 China 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 China 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 China Electric Manufacturing to buy it.
The correlation of China 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 China Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Electric Manuf 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 China 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 China Electric position
In addition to having China 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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Shipping Containers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.
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Additional Tools for China Stock Analysis
When running China Electric's price analysis, check to measure China 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 China Electric is operating at the current time. Most of China Electric's value examination focuses on studying past and present price action to predict the probability of China 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 China Electric's price. Additionally, you may evaluate how the addition of China Electric to your portfolios can decrease your overall portfolio volatility.