Tze Shin Return On Equity vs. Current Valuation
| 2611 Stock | TWD 21.70 0.45 2.03% |
For Tze Shin profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tze Shin to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tze Shin International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tze Shin's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tze Shin International over time as well as its relative position and ranking within its peers.
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Tze Shin International Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tze Shin's current stock value. Our valuation model uses many indicators to compare Tze Shin value to that of its competitors to determine the firm's financial worth. Tze Shin International is rated below average in return on equity category among its peers. It also is rated below average in current valuation category among its peers . 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 Tze Shin's earnings, one of the primary drivers of an investment's value.Tze Current Valuation 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.
Tze Shin |
| = | -0.0748 |
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.
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.
Tze Shin |
| = | 1.55 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.
Tze Current Valuation vs Competition
Tze Shin International is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 77.28 Billion. Tze Shin holds roughly 1.55 Billion in current valuation claiming about 2.0% of equities under Industrials industry.
Tze Shin Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tze Shin, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tze Shin will eventually generate negative long term returns. The profitability progress is the general direction of Tze Shin's change in net profit over the period of time. It can combine multiple indicators of Tze Shin, 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.
The company offers cargo freight, container, truck, and transportation and terminal services, as well as petrochemical and damage goods transportation services and bulk logistic services. Tze Shin International was founded in 1973 and is based in Taipei City, Taiwan. TZE SHIN is traded on Taiwan Stock Exchange in Taiwan.
Tze Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tze Shin. 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 Tze Shin 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 Tze Shin's important profitability drivers and their relationship over time.
Use Tze Shin 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 Tze Shin 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 Tze Shin will appreciate offsetting losses from the drop in the long position's value.Tze Shin Pair Trading
Tze Shin International Pair Trading Analysis
The ability to find closely correlated positions to Tze Shin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tze Shin 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 Tze Shin - 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 Tze Shin International to buy it.
The correlation of Tze Shin 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 Tze Shin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tze Shin 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 Tze Shin 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 Tze Shin position
In addition to having Tze Shin 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
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Additional Tools for Tze Stock Analysis
When running Tze Shin's price analysis, check to measure Tze Shin'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 Tze Shin is operating at the current time. Most of Tze Shin's value examination focuses on studying past and present price action to predict the probability of Tze Shin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tze Shin's price. Additionally, you may evaluate how the addition of Tze Shin to your portfolios can decrease your overall portfolio volatility.