TECO Competitors

1504 Stock

TWD 51.40 0.70 1.34%

TECO Electric Machinery competes with Walsin Lihwa, Far Eastern, Nan Ya, Taiwan Cement, and Uni President; as well as few others. The company operates under Electrical Equipment sector and is part of Industrials industry. Analyzing TECO Electric competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of TECO Electric to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out TECO Electric Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of TECO Electric competition on your existing holdings.

Specify up to 10 symbols:

Hype

Prediction

Low	Estimated	High
49.90	51.40	52.90

Details

Intrinsic

Valuation

Low	Real	High
48.78	50.27	51.78

Details

TECO Electric Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TECO Electric and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of TECO and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of TECO Electric Machinery does not affect the price movement of the other competitor.

	1605	1402	1303	1101	1216
1605		0.29	0.75	0.23	-0.26	1605
1402	0.29		0.37	0.41	0.55	1402
1303	0.75	0.37		0.59	-0.11	1303
1101	0.23	0.41	0.59		-0.1	1101
1216	-0.26	0.55	-0.11	-0.1		1216
	1605	1402	1303	1101	1216

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

1303	+ 0.75	1605
1101	+ 0.59	1303
1216	+ 0.55	1402
1101	+ 0.41	1402
1303	+ 0.37	1402
1402	+ 0.29	1605

High negative correlations

1216	- 0.26	1605
1216	- 0.11	1303
1216	- 0.1	1101

Risk-Adjusted Indicators

There is a big difference between TECO Stock performing well and TECO Electric Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze TECO Electric's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
1605	1.40	(0.28)	0.00	(0.78)	0.00	0.00	2.68	(3.10)	10.76
1402	1.10	0.01	(0.07)	0.04	1.59	(1.10)	1.94	(2.74)	5.97
1303	1.36	(0.24)	0.00	(0.69)	0.00	0.00	2.85	(2.84)	10.09
1101	0.64	0.05	(0.10)	(0.19)	0.74	(0.75)	1.55	(1.37)	3.96
1216	0.90	0.08	(0.03)	1.85	0.83	(1.15)	2.06	(1.66)	5.71

Unable to evaluate fundamental data of [1605.TW, 1402.TW, 1303.TW, 1101.TW, 1216.TW] at this time. Please try again later

All Fundamental Data

TECO Electric Competitive Analysis

The better you understand TECO Electric competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TECO Electric's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across TECO Electric's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	1504	1605	1402	1303	1101	1216
	1.34 51.40 TECO	0.87 28.90 Walsin	3.93 36.70 Far	0.88 40.35 Nan	1.65 33.90 Taiwan	2.23 87.00 Uni
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Insignificant	Very Weak	Weak	Very Weak	Insignificant	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Over Valued	Fairly Valued	Over Valued	Under Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Sell	Strong Sell	Strong Sell	Sell	Strong Sell	Strong Buy
Current Ratio	2.49 X	1.62 X	0.96 X	1.71 X	2.10 X	1.03 X
Net Asset	136.61 B	183.03 B	635.33 B	668.7 B	441.68 B	514.04 B
Profit Margin	0.06 %	0.13 %	0.04 %	0.13 %	0.08 %	0.04 %
EBITDA	8.16 B	22.37 B	48.07 B	124.76 B	34.81 B	71.58 B
Operating Margin	0.11 %	0.08 %	0.05 %	0.12 %	0.03 %	0.06 %
Current Valuation	55.89 B	213.86 B	420.26 B	641.46 B	290.01 B	468.48 B
Price To Book	0.79 X	1.42 X	0.84 X	1.52 X	1.14 X	3.06 X
Retained Earnings	20.38 B	12.28 B	137.77 B	175.07 B	42.89 B	30.62 B
Current Asset	44.17 B	48.4 B	109.09 B	205.3 B	72.81 B	147.13 B
Five Year Return	3.63 %	N/A	3.89 %	5.42 %	5.55 %	3.71 %
Beta	0.36	1.01	0.51	0.6	0.61	0.19
Number Of Employees	44	53	64	57	58	54
Shares Outstanding	2.11 B	3.73 B	5.35 B	7.93 B	7.14 B	5.68 B
Cash Flow From Operations	4.12 B	1.32 B	36.52 B	78.88 B	18.97 B	56.35 B
Annual Yield	0.05 %	0.03 %	0.05 %	0.10 %	0.03 %	0.04 %
Total Debt	8.6 B	32.29 B	199.91 B	86.11 B	98.22 B	60.36 B
Return On Equity	0.0439	0.21	0.0536	0.14	0.0294	0.15
Z Score	4.2	3.6	N/A	3.6	1.2	3.6
Return On Asset	0.0301	0.0462	0.0138	0.0432	0.0051	0.0349
Book Value Per Share	35.61 X	33.65 X	39.42 X	48.48 X	29.62 X	21.57 X
Current Liabilities	18.06 B	16.26 B	100.53 B	73.73 B	58.86 B	159.12 B
Total Asset	136.61 B	183.03 B	635.33 B	668.7 B	441.68 B	514.04 B
Debt To Equity	32.50 %	0.46 %	87.50 %	0.39 %	0.85 %	90.20 %
Target Price	30.15	11.75	33.0	68.0	36.62	71.82
Last Dividend Paid	1.35	1.6	1.5	7.5	0.91	2.7
Shares Owned By Institutions	30.48 %	20.52 %	17.65 %	13.09 %	20.87 %	31.73 %
Market Capitalization	62.01 B	197.39 B	171.8 B	598.78 B	266.09 B	381.83 B
Price To Earning	14.44 X	10.04 X	13.67 X	16.55 X	7.98 X	22.87 X
Price To Earnings To Growth	2.67 X	N/A	1.61 X	(2.09) X	0.87 X	3.76 X
Price To Sales	1.00 X	0.98 X	0.66 X	1.48 X	2.13 X	0.73 X
Net Income	5.01 B	14.64 B	9.68 B	81.3 B	20.26 B	19.88 B
Earnings Per Share	1.58 X	6.63 X	1.86 X	6.33 X	1.19 X	3.15 X
Shares Owned By Insiders	25.45 %	30.67 %	44.33 %	38.12 %	13.48 %	11.59 %
Revenue	52.56 B	156.66 B	238.81 B	411.67 B	107.04 B	473.5 B
Working Capital	26.1 B	32.15 B	8.56 B	131.56 B	13.96 B	(11.99 B)
Cash And Equivalents	18.96 B	15.78 B	47.53 B	110.86 B	124.71 B	105.39 B
Cash Per Share	9.75 X	4.60 X	8.88 X	13.98 X	18.52 X	18.55 X
Gross Profit	12.74 B	19.81 B	46.57 B	103.85 B	26.65 B	156.11 B
Day Typical Price	51.73	28.95	37.05	40.28	33.9	86.73
Accumulation Distribution	0.0191	0.012	0.0278	0.0221	0.0175	0.016
Market Facilitation Index	1.0	0.35	1.05	0.9	0.6	1.4
Daily Balance Of Power	(0.70)	0.7143	(1.43)	0.3889	0.9167	1.357143
Period Momentum Indicator	(0.70)	0.25	(1.50)	0.35	0.55	1.9
Rate Of Daily Change	0.99	1.01	0.96	1.01	1.02	1.02
Day Median Price	51.9	28.98	37.23	40.25	33.9	86.6
Price Action Indicator	(0.85)	0.05	(1.27)	0.28	0.27	1.35
Coefficient Of Variation	1237.14	(808.77)	31861.65	(983.33)	2046.97	1192.49
Mean Deviation	1.02	1.4	1.1	1.36	0.644	0.8972
Jensen Alpha	0.0862	(0.28)	0.0102	(0.24)	0.0525	0.0806
Total Risk Alpha	(0.12)	(0.53)	(0.23)	(0.51)	(0.10)	(0.09)
Sortino Ratio	(0.01)	N/A	(0.07)	N/A	(0.10)	(0.03)
Downside Variance	1.99	N/A	3.24	N/A	0.7305	0.9093
Standard Deviation	1.47	1.87	1.48	1.93	0.8626	1.15
Kurtosis	3.03	1.65	1.15	3.13	0.6284	0.2068
Potential Upside	2.64	2.68	1.94	2.85	1.55	2.06
Treynor Ratio	0.5639	(0.78)	0.041	(0.69)	(0.19)	1.85
Maximum Drawdown	7.51	10.76	5.97	10.09	3.96	5.71
Variance	2.17	3.49	2.19	3.73	0.744	1.31
Market Risk Adjusted Performance	0.5739	(0.77)	0.051	(0.68)	(0.18)	1.86
Risk Adjusted Performance	0.0666	(0.09)	0.0072	(0.07)	0.0385	0.0674
Skewness	0.2424	0.386	(0.42)	0.3555	0.3075	0.6261
Semi Deviation	1.24	N/A	1.59	N/A	0.7356	0.8292
Information Ratio	(0.01)	(0.19)	(0.08)	(0.17)	(0.10)	(0.03)
Value At Risk	(2.15)	(3.10)	(2.74)	(2.84)	(1.37)	(1.66)
Expected Short fall	(1.24)	N/A	(1.10)	N/A	(0.75)	(1.15)
Downside Deviation	1.41	N/A	1.8	N/A	0.8547	0.9536
Semi Variance	1.53	N/A	2.53	N/A	0.5411	0.6876

TECO Electric Competition Performance Charts

Five steps to successful analysis of TECO Electric Competition

TECO Electric's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by TECO Electric Machinery in relation to its competition. TECO Electric's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of TECO Electric in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact TECO Electric's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TECO Electric Machinery, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your TECO Electric position

In addition to having TECO Electric 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 Consumption Thematic Idea Now

Consumption

Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.

View All Next

Launch

Additional Tools for TECO Stock Analysis

When running TECO Electric's price analysis, check to measure TECO Electric'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 TECO Electric is operating at the current time. Most of TECO Electric's value examination focuses on studying past and present price action to predict the probability of TECO Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TECO Electric's price. Additionally, you may evaluate how the addition of TECO Electric to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC