Feng Hsin EBITDA vs. Price To Book
| 2015 Stock | TWD 73.40 1.30 1.74% |
For Feng Hsin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Feng Hsin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Feng Hsin Steel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Feng Hsin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Feng Hsin Steel over time as well as its relative position and ranking within its peers.
Feng |
Feng Hsin Steel Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Feng Hsin's current stock value. Our valuation model uses many indicators to compare Feng Hsin value to that of its competitors to determine the firm's financial worth. Feng Hsin Steel is number one stock in ebitda category among its peers. It also is number one stock in price to book category among its peers . The ratio of EBITDA to Price To Book for Feng Hsin Steel is about 3,372,516,842 . 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 Feng Hsin's earnings, one of the primary drivers of an investment's value.Feng Price To Book vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Feng Hsin |
| = | 6.26 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Feng Hsin |
| = | 1.86 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Feng Price To Book Comparison
Feng Hsin is currently under evaluation in price to book category among its peers.
Feng Hsin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Feng Hsin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Feng Hsin will eventually generate negative long term returns. The profitability progress is the general direction of Feng Hsin's change in net profit over the period of time. It can combine multiple indicators of Feng Hsin, 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.
FENG HSIN STEEL Co., Ltd. operates in the blast furnaces and steel mills sector in Taiwan. The company was founded in 1969 and is headquartered in Taichung, Taiwan. FENG HSIN operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 869 people.
Feng Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Feng Hsin. 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 Feng Hsin 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 Feng Hsin's important profitability drivers and their relationship over time.
Use Feng Hsin 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 Feng Hsin 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 Feng Hsin will appreciate offsetting losses from the drop in the long position's value.Feng Hsin Pair Trading
Feng Hsin Steel Pair Trading Analysis
The ability to find closely correlated positions to Feng Hsin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Feng Hsin 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 Feng Hsin - 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 Feng Hsin Steel to buy it.
The correlation of Feng Hsin 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 Feng Hsin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Feng Hsin Steel 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 Feng Hsin 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 Feng Hsin position
In addition to having Feng Hsin 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Additional Tools for Feng Stock Analysis
When running Feng Hsin's price analysis, check to measure Feng Hsin'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 Feng Hsin is operating at the current time. Most of Feng Hsin's value examination focuses on studying past and present price action to predict the probability of Feng Hsin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Feng Hsin's price. Additionally, you may evaluate how the addition of Feng Hsin to your portfolios can decrease your overall portfolio volatility.