Tokyo Electron Price To Book vs. Current Valuation
| TOELF Stock | USD 152.94 3.56 2.27% |
For Tokyo Electron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tokyo Electron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tokyo Electron utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tokyo Electron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tokyo Electron over time as well as its relative position and ranking within its peers.
Tokyo |
Tokyo Electron Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tokyo Electron's current stock value. Our valuation model uses many indicators to compare Tokyo Electron value to that of its competitors to determine the firm's financial worth. Tokyo Electron is rated second in price to book category among its peers. It is currently regarded number one company in current valuation category among its peers reporting about 10,229,610,921 of Current Valuation per Price To Book. 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 Tokyo Electron's earnings, one of the primary drivers of an investment's value.Tokyo Current Valuation vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Tokyo Electron |
| = | 4.75 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Tokyo Electron |
| = | 48.54 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.
Tokyo Current Valuation vs Competition
Tokyo Electron is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Semiconductor Equipment & Materials industry is at this time estimated at about 70.54 Billion. Tokyo Electron totals roughly 48.54 Billion in current valuation claiming about 69% of equities listed under Semiconductor Equipment & Materials industry.
Tokyo Electron Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tokyo Electron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tokyo Electron will eventually generate negative long term returns. The profitability progress is the general direction of Tokyo Electron's change in net profit over the period of time. It can combine multiple indicators of Tokyo Electron, 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.
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, and sells semiconductor and flat panel display production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally. Tokyo Electron Limited was incorporated in 1951 and is headquartered in Tokyo, Japan. TOKYO ELECTRON operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 15634 people.
Tokyo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tokyo Electron. 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 Tokyo Electron 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 Tokyo Electron's important profitability drivers and their relationship over time.
Use Tokyo Electron 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 Tokyo Electron 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 Tokyo Electron will appreciate offsetting losses from the drop in the long position's value.Tokyo Electron Pair Trading
Tokyo Electron Pair Trading Analysis
The ability to find closely correlated positions to Tokyo Electron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tokyo Electron 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 Tokyo Electron - 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 Tokyo Electron to buy it.
The correlation of Tokyo Electron 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 Tokyo Electron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tokyo Electron 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 Tokyo Electron 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 Tokyo Electron position
In addition to having Tokyo Electron 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?
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Large corporations operating in software, education, financial and car manufacturing industries. The Momentum 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 Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Tokyo Pink Sheet
To fully project Tokyo Electron's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tokyo Electron 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 Tokyo Electron's income statement, its balance sheet, and the statement of cash flows.