Ritek Financial Statements From 2010 to 2024
| 2349 Stock | TWD 15.10 0.35 2.27% |
Check Ritek Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ritek Corp's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ritek financial statements analysis is a perfect complement when working with Ritek Corp Valuation or Volatility modules.
Ritek |
Ritek Corp Company Current Valuation Analysis
Ritek Corp'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 Ritek Corp Current Valuation | 8.47 B |
Most of Ritek Corp'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, Ritek Corp 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, Ritek Corp has a Current Valuation of 8.47 B. This is 56.16% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is 49.07% higher than that of the company.
Ritek Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ritek Corp's current stock value. Our valuation model uses many indicators to compare Ritek Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ritek Corp competition to find correlations between indicators driving Ritek Corp's intrinsic value. More Info.Ritek Corp is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . 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 Ritek Corp's earnings, one of the primary drivers of an investment's value.About Ritek Corp Financial Statements
Ritek Corp investors use historical fundamental indicators, such as Ritek Corp'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 Ritek Corp. Please read more on our technical analysis and fundamental analysis pages.
RITEK Corporation manufactures and markets optical storage media products worldwide. RITEK Corporation was founded in 1988 and is headquartered in Hsinchu City, Taiwan. RITEK CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.
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When running Ritek Corp's price analysis, check to measure Ritek Corp'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 Ritek Corp is operating at the current time. Most of Ritek Corp's value examination focuses on studying past and present price action to predict the probability of Ritek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritek Corp's price. Additionally, you may evaluate how the addition of Ritek Corp to your portfolios can decrease your overall portfolio volatility.