Sirtec International Return On Asset vs. Current Valuation
| 5356 Stock | TWD 30.40 0.05 0.16% |
For Sirtec International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sirtec International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sirtec International Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sirtec International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sirtec International Co over time as well as its relative position and ranking within its peers.
Sirtec |
Sirtec International Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sirtec International's current stock value. Our valuation model uses many indicators to compare Sirtec International value to that of its competitors to determine the firm's financial worth. Sirtec International Co is number one stock in return on asset category among its peers. It also is the top company 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 Sirtec International's earnings, one of the primary drivers of an investment's value.Sirtec Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Sirtec International |
| = | -0.0074 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Sirtec International |
| = | 1.06 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.
Sirtec Current Valuation vs Competition
Sirtec International Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Components industry is presently estimated at about 334.19 Billion. Sirtec International adds roughly 1.06 Billion in current valuation claiming only tiny portion of equities under Electronic Components industry.
Sirtec International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sirtec International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sirtec International will eventually generate negative long term returns. The profitability progress is the general direction of Sirtec International's change in net profit over the period of time. It can combine multiple indicators of Sirtec 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.
,Ltd. designs, manufactures, and sells electronic product assemblies, and plastic injection and molding products in Taiwan. The company was founded in 1968 and is headquartered in Taipei City, Taiwan. SIRTEC INTERNATIONAL is traded on Taiwan OTC Exchange in Taiwan.
Sirtec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sirtec 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 Sirtec 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 Sirtec International's important profitability drivers and their relationship over time.
Use Sirtec 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 Sirtec 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 Sirtec International will appreciate offsetting losses from the drop in the long position's value.Sirtec International Pair Trading
Sirtec International Co Pair Trading Analysis
The ability to find closely correlated positions to Sirtec 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 Sirtec 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 Sirtec 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 Sirtec International Co to buy it.
The correlation of Sirtec 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 Sirtec International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sirtec 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 Sirtec 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 Sirtec International position
In addition to having Sirtec 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 40 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for Sirtec Stock Analysis
When running Sirtec International's price analysis, check to measure Sirtec 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 Sirtec International is operating at the current time. Most of Sirtec International's value examination focuses on studying past and present price action to predict the probability of Sirtec 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 Sirtec International's price. Additionally, you may evaluate how the addition of Sirtec International to your portfolios can decrease your overall portfolio volatility.