Hon Hai Revenue vs. Cash Per Share
| HHP2 Stock | EUR 10.90 0.60 5.22% |
For Hon Hai profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hon Hai to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hon Hai Precision utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hon Hai's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hon Hai Precision over time as well as its relative position and ranking within its peers.
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Hon Hai Precision Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hon Hai's current stock value. Our valuation model uses many indicators to compare Hon Hai value to that of its competitors to determine the firm's financial worth. Hon Hai Precision is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Hon Hai Precision is about 35,652,018,569 . 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 Hon Hai's earnings, one of the primary drivers of an investment's value.Hon Revenue vs. Competition
Hon Hai Precision is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Electronic Components industry is currently estimated at about 6.04 Trillion. Hon Hai totals roughly 5.99 Trillion in revenue claiming about 99% of equities under Electronic Components industry.
Hon 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.
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| = | 5.99 T |
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.
Hon Hai |
| = | 168.13 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.
Hon Cash Per Share Comparison
Hon Hai is currently under evaluation in cash per share category among its peers.
Hon Hai Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hon Hai, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hon Hai will eventually generate negative long term returns. The profitability progress is the general direction of Hon Hai's change in net profit over the period of time. It can combine multiple indicators of Hon Hai, 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.
Hon Hai Precision Industry Co., Ltd. provides technology solutions in Japan, Ireland, the United States, Singapore, China, Taiwan, and internationally. The company was founded in 1974 and is headquartered in New Taipei City, Taiwan. HON HAI is traded on Frankfurt Stock Exchange in Germany.
Hon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hon Hai. 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 Hon Hai 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 Hon Hai's important profitability drivers and their relationship over time.
Use Hon Hai 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 Hon Hai 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 Hon Hai will appreciate offsetting losses from the drop in the long position's value.Hon Hai Pair Trading
Hon Hai Precision Pair Trading Analysis
The ability to find closely correlated positions to Hon Hai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hon Hai 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 Hon Hai - 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 Hon Hai Precision to buy it.
The correlation of Hon Hai 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 Hon Hai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hon Hai Precision 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 Hon Hai 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 Hon Hai position
In addition to having Hon Hai 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Hon Stock
To fully project Hon Hai's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hon Hai Precision at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hon Hai's income statement, its balance sheet, and the statement of cash flows.