Tex Financial Statements From 2010 to 2024
| 1467 Stock | TWD 11.30 0.05 0.44% |
Check Tex Ray financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tex Ray's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tex financial statements analysis is a perfect complement when working with Tex Ray Valuation or Volatility modules.
Tex |
Tex Ray Industrial Co Company Current Valuation Analysis
Tex Ray's 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.
Current Tex Ray Current Valuation | 4.84 B |
Most of Tex Ray's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tex Ray Industrial Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
In accordance with the recently published financial statements, Tex Ray Industrial Co has a Current Valuation of 4.84 B. This is 73.24% lower than that of the Textiles, Apparel & Luxury Goods sector and 23.4% lower than that of the Consumer Discretionary industry. The current valuation for all Taiwan stocks is 70.86% higher than that of the company.
Tex Ray Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tex Ray's current stock value. Our valuation model uses many indicators to compare Tex Ray value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tex Ray competition to find correlations between indicators driving Tex Ray's intrinsic value. More Info.Tex Ray Industrial Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tex Ray Industrial Co is roughly 1.95 . 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 Tex Ray's earnings, one of the primary drivers of an investment's value.About Tex Ray Financial Statements
Tex Ray investors use historical fundamental indicators, such as Tex Ray's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tex Ray. Please read more on our technical analysis and fundamental analysis pages.
Tex-Ray Industrial Co., Ltd. manufactures and retails yarns and fabrics. The company was founded in 1978 and is headquartered in Taipei City, Taiwan. TEX RAY operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Tex Stock Analysis
When running Tex Ray's price analysis, check to measure Tex Ray'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 Tex Ray is operating at the current time. Most of Tex Ray's value examination focuses on studying past and present price action to predict the probability of Tex Ray's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Ray's price. Additionally, you may evaluate how the addition of Tex Ray to your portfolios can decrease your overall portfolio volatility.