Evergreen International Revenue vs. Cash Per Share
| 2607 Stock | TWD 30.50 0.20 0.65% |
For Evergreen International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evergreen International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evergreen International Storage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evergreen International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evergreen International Storage over time as well as its relative position and ranking within its peers.
Evergreen |
Evergreen International Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Evergreen International's current stock value. Our valuation model uses many indicators to compare Evergreen International value to that of its competitors to determine the firm's financial worth. Evergreen International Storage is rated fourth in revenue category among its peers. It is rated third in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Evergreen International Storage is about 1,861,682,600 . 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 Evergreen International's earnings, one of the primary drivers of an investment's value.Evergreen Revenue vs. Competition
Evergreen International Storage is rated fourth in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 389.74 Billion. Evergreen International holds roughly 8.88 Billion in revenue claiming about 2.28% of equities under Industrials industry.
Evergreen Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Evergreen International |
| = | 8.88 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Evergreen International |
| = | 4.77 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.
Evergreen Cash Per Share Comparison
Evergreen International is currently under evaluation in cash per share category among its peers.
Evergreen International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Evergreen International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evergreen International will eventually generate negative long term returns. The profitability progress is the general direction of Evergreen International's change in net profit over the period of time. It can combine multiple indicators of Evergreen International, 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.
Evergreen International Storage Transport Corporation engages in the container trucking, operation of container distribution centers, ship chartering, operation of gasoline station, and passenger transportation activities in Taiwan. The company was founded in 1973 and is headquartered in Taoyuan City, Taiwan. EVERGREEN INTL is traded on Taiwan Stock Exchange in Taiwan.
Evergreen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Evergreen International. 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 Evergreen International 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 Evergreen International's important profitability drivers and their relationship over time.
Use Evergreen International 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 Evergreen International 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 Evergreen International will appreciate offsetting losses from the drop in the long position's value.Evergreen International Pair Trading
Evergreen International Storage Pair Trading Analysis
The ability to find closely correlated positions to Evergreen International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen International 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 Evergreen International - 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 Evergreen International Storage to buy it.
The correlation of Evergreen International 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 Evergreen International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen International 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 Evergreen International 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 Evergreen International position
In addition to having Evergreen International 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 Long/short ETFs Thematic Idea Now
Long/short ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs 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 Long/short ETFs Theme or any other thematic opportunities.
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Additional Tools for Evergreen Stock Analysis
When running Evergreen International's price analysis, check to measure Evergreen International'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 Evergreen International is operating at the current time. Most of Evergreen International's value examination focuses on studying past and present price action to predict the probability of Evergreen International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen International's price. Additionally, you may evaluate how the addition of Evergreen International to your portfolios can decrease your overall portfolio volatility.