King Yuan Return On Equity vs. Cash Per Share
| 2449 Stock | TWD 119.00 3.00 2.59% |
For King Yuan profitability analysis, we use financial ratios and fundamental drivers that measure the ability of King Yuan to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well King Yuan Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between King Yuan's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of King Yuan Electronics over time as well as its relative position and ranking within its peers.
King |
King Yuan Electronics Cash Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining King Yuan's current stock value. Our valuation model uses many indicators to compare King Yuan value to that of its competitors to determine the firm's financial worth. King Yuan Electronics is rated third in return on equity category among its peers. It is rated below average in cash per share category among its peers fabricating about 20.90 of Cash Per Share 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 King Yuan's earnings, one of the primary drivers of an investment's value.King Cash Per Share 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.
King Yuan |
| = | 0.21 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
King Yuan |
| = | 4.39 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
King Cash Per Share Comparison
King Yuan is currently under evaluation in cash per share category among its peers.
King Yuan Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in King Yuan, profitability is also one of the essential criteria for including it into their portfolios because, without profit, King Yuan will eventually generate negative long term returns. The profitability progress is the general direction of King Yuan's change in net profit over the period of time. It can combine multiple indicators of King Yuan, 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.
King Yuan ELECTRONICS CO., LTD. engages in the testing of back-end integrated circuit packaging for the semiconductor industry worldwide. The company was founded in 1987 and is headquartered in Hsinchu, Taiwan. KING YUAN operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.
King Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on King Yuan. 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 King Yuan 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 King Yuan's important profitability drivers and their relationship over time.
Use King Yuan 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 King Yuan 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 King Yuan will appreciate offsetting losses from the drop in the long position's value.King Yuan Pair Trading
King Yuan Electronics Pair Trading Analysis
The ability to find closely correlated positions to King Yuan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace King Yuan 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 King Yuan - 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 King Yuan Electronics to buy it.
The correlation of King Yuan 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 King Yuan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if King Yuan Electronics 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 King Yuan 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 King Yuan position
In addition to having King Yuan 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 King Stock Analysis
When running King Yuan's price analysis, check to measure King Yuan'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 King Yuan is operating at the current time. Most of King Yuan's value examination focuses on studying past and present price action to predict the probability of King Yuan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move King Yuan's price. Additionally, you may evaluate how the addition of King Yuan to your portfolios can decrease your overall portfolio volatility.