Gigabyte Technology Return On Equity vs. EBITDA
| 2376 Stock | TWD 268.00 3.50 1.29% |
For Gigabyte Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gigabyte Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gigabyte Technology Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gigabyte Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gigabyte Technology Co over time as well as its relative position and ranking within its peers.
Gigabyte |
Gigabyte Technology EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gigabyte Technology's current stock value. Our valuation model uses many indicators to compare Gigabyte Technology value to that of its competitors to determine the firm's financial worth. Gigabyte Technology Co is number one stock in return on equity category among its peers. It also is number one stock in ebitda category among its peers totaling about 63,874,764,259 of EBITDA 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 Gigabyte Technology's earnings, one of the primary drivers of an investment's value.Gigabyte EBITDA 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.
Gigabyte Technology |
| = | 0.26 |
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.
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.
Gigabyte Technology |
| = | 16.8 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.
Gigabyte EBITDA Comparison
Gigabyte Technology is currently under evaluation in ebitda category among its peers.
Gigabyte Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gigabyte Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gigabyte Technology will eventually generate negative long term returns. The profitability progress is the general direction of Gigabyte Technology's change in net profit over the period of time. It can combine multiple indicators of Gigabyte Technology, 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.
Giga-Byte Technology Co., Ltd., together with its subsidiaries, processes, manufactures, trades in, and sells computer peripherals and component parts in Taiwan, other Asian countries, Europe, North America, and internationally. Giga-Byte Technology Co., Ltd. was founded in 1986 and is headquartered in New Taipei City, Taiwan. GIGA BYTE operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange.
Gigabyte Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gigabyte Technology. 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 Gigabyte Technology 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 Gigabyte Technology's important profitability drivers and their relationship over time.
Use Gigabyte Technology 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 Gigabyte Technology 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 Gigabyte Technology will appreciate offsetting losses from the drop in the long position's value.Gigabyte Technology Pair Trading
Gigabyte Technology Co Pair Trading Analysis
The ability to find closely correlated positions to Gigabyte Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gigabyte Technology 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 Gigabyte Technology - 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 Gigabyte Technology Co to buy it.
The correlation of Gigabyte Technology 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 Gigabyte Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gigabyte Technology 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 Gigabyte Technology 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 Gigabyte Technology position
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Additional Tools for Gigabyte Stock Analysis
When running Gigabyte Technology's price analysis, check to measure Gigabyte Technology'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 Gigabyte Technology is operating at the current time. Most of Gigabyte Technology's value examination focuses on studying past and present price action to predict the probability of Gigabyte Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gigabyte Technology's price. Additionally, you may evaluate how the addition of Gigabyte Technology to your portfolios can decrease your overall portfolio volatility.