Good Finance Valuation
| 6021 Stock | TWD 23.80 0.20 0.85% |
At this time, the firm appears to be overvalued. Good Finance Securities retains a regular Real Value of NT$20.45 per share. The prevalent price of the firm is NT$23.8. Our model calculates the value of Good Finance Securities from evaluating the firm fundamentals such as Return On Asset of 0.0079, current valuation of 3.13 B, and Return On Equity of 0.0209 as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Good Finance's price fluctuation is very steady at this time. Calculation of the real value of Good Finance Securities is based on 3 months time horizon. Increasing Good Finance's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Good stock is determined by what a typical buyer is willing to pay for full or partial control of Good Finance Securities. Since Good Finance is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Good Stock. However, Good Finance's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 23.8 | Real 20.45 | Hype 23.8 |
The intrinsic value of Good Finance's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Good Finance's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Good Finance Securities helps investors to forecast how Good stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Good Finance more accurately as focusing exclusively on Good Finance's fundamentals will not take into account other important factors: Good Finance Total Value Analysis
Good Finance Securities is presently anticipated to have takeover price of 3.13 B with market capitalization of 5.67 B, debt of 1.02 B, and cash on hands of 1.64 B. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Good Finance fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
3.13 B | 5.67 B | 1.02 B | 1.64 B |
Good Finance Investor Information
About 78.0% of the company shares are owned by insiders or employees . The company has Price-to-Book (P/B) ratio of 1.24. In the past many companies with similar price-to-book ratios have beat the market. Good Finance Securities last dividend was issued on the 9th of July 2019. The entity had 1:1 split on the 30th of August 2011. Based on the measurements of operating efficiency obtained from Good Finance's historical financial statements, Good Finance Securities is not in a good financial situation at the moment. It has a very high risk of going through financial straits in January.Good Finance Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of Good indicates not a very effective usage of assets in December.Good Finance Ownership Allocation
Good Finance Securities has a total of 311.32 Million outstanding shares. Good Finance retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 77.87 (percent) of Good Finance outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.Good Finance Profitability Analysis
The company reported the revenue of 1.36 B. Net Income was 320.99 M with profit before overhead, payroll, taxes, and interest of 1.2 B.About Good Finance Valuation
Our relative valuation model uses a comparative analysis of Good Finance. We calculate exposure to Good Finance's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Good Finance's related companies.Ta Ching Securities Co., Ltd. provides investment and financial services in Taiwan. Ta Ching Securities Co., Ltd. was founded in 1988 and is headquartered in Taipei, Taiwan. TA CHING operates under Capital Markets classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 348 people.
8 Steps to conduct Good Finance's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Good Finance's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Good Finance's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Good Finance's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Good Finance's revenue streams: Identify Good Finance's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Good Finance's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Good Finance's growth potential: Evaluate Good Finance's management, business model, and growth potential.
- Determine Good Finance's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Good Finance's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Additional Tools for Good Stock Analysis
When running Good Finance's price analysis, check to measure Good Finance'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 Good Finance is operating at the current time. Most of Good Finance's value examination focuses on studying past and present price action to predict the probability of Good Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Finance's price. Additionally, you may evaluate how the addition of Good Finance to your portfolios can decrease your overall portfolio volatility.