General Plastic Price To Sales vs. Current Valuation
6128 Stock | TWD 35.30 0.10 0.28% |
For General Plastic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of General Plastic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well General Plastic Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between General Plastic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of General Plastic Industrial over time as well as its relative position and ranking within its peers.
General |
General Plastic Indu Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining General Plastic's current stock value. Our valuation model uses many indicators to compare General Plastic value to that of its competitors to determine the firm's financial worth. General Plastic Industrial is number one stock in price to sales category among its peers. It also is the top company in current valuation category among its peers reporting about 8,132,472,981 of Current Valuation per Price To Sales. 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 General Plastic's earnings, one of the primary drivers of an investment's value.General Current Valuation vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
General Plastic |
| = | 0.66 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
General Plastic |
| = | 5.33 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.
General Current Valuation vs Competition
General Plastic Industrial is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 541.96 Billion. General Plastic maintains roughly 5.33 Billion in current valuation contributing less than 1% to equities under Industrials industry.
General Plastic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in General Plastic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, General Plastic will eventually generate negative long term returns. The profitability progress is the general direction of General Plastic's change in net profit over the period of time. It can combine multiple indicators of General Plastic, 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.
General Plastic Industrial Co., Ltd. designs, manufactures, and markets copier and laser printer toner cartridges, and related peripheral products in Taiwan and internationally. General Plastic Industrial Co., Ltd. was founded in 1978 and is headquartered in Taichung, Taiwan. GENERAL PLASTIC operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 897 people.
General Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on General Plastic. 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 General Plastic 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 General Plastic's important profitability drivers and their relationship over time.
Use General Plastic 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 General Plastic 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 General Plastic will appreciate offsetting losses from the drop in the long position's value.General Plastic Pair Trading
General Plastic Industrial Pair Trading Analysis
The ability to find closely correlated positions to General Plastic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace General Plastic 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 General Plastic - 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 General Plastic Industrial to buy it.
The correlation of General Plastic 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 General Plastic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if General Plastic Indu 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 General Plastic 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 General Plastic position
In addition to having General Plastic 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies 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 Office Supplies Theme or any other thematic opportunities.
View All Next | Launch |
Additional Tools for General Stock Analysis
When running General Plastic's price analysis, check to measure General Plastic'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 General Plastic is operating at the current time. Most of General Plastic's value examination focuses on studying past and present price action to predict the probability of General Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Plastic's price. Additionally, you may evaluate how the addition of General Plastic to your portfolios can decrease your overall portfolio volatility.