Novatek Financial Statements From 2010 to 2024
| 3034 Stock | TWD 491.00 11.00 2.29% |
Check Novatek Microelectronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novatek Microelectronics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Novatek financial statements analysis is a perfect complement when working with Novatek Microelectronics Valuation or Volatility modules.
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Novatek Microelectronics Corp Company Current Valuation Analysis
Novatek Microelectronics' 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 Novatek Microelectronics Current Valuation | 144.82 B |
Most of Novatek Microelectronics' 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, Novatek Microelectronics 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.
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In accordance with the recently published financial statements, Novatek Microelectronics Corp has a Current Valuation of 144.82 B. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is significantly lower than that of the firm.
Novatek Microelectronics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novatek Microelectronics's current stock value. Our valuation model uses many indicators to compare Novatek Microelectronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novatek Microelectronics competition to find correlations between indicators driving Novatek Microelectronics's intrinsic value. More Info.Novatek Microelectronics Corp 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 0.61 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novatek Microelectronics Corp is roughly 1.64 . 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 Novatek Microelectronics' earnings, one of the primary drivers of an investment's value.About Novatek Microelectronics Financial Statements
Novatek Microelectronics investors use historical fundamental indicators, such as Novatek Microelectronics' 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 Novatek Microelectronics. Please read more on our technical analysis and fundamental analysis pages.
Novatek Microelectronics Corp. and its subsidiaries research, develop, manufacture, and sell integrated circuit chips for speech, communication, computer peripheral, LCD driver IC system, embedded MCU, DSP, and system applications. Novatek Microelectronics Corp. was founded in 1997 and is headquartered in Hsinchu, Taiwan. NOVATEK MICROELECTRONICS operates under Semiconductors 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 Novatek Stock Analysis
When running Novatek Microelectronics' price analysis, check to measure Novatek Microelectronics' 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 Novatek Microelectronics is operating at the current time. Most of Novatek Microelectronics' value examination focuses on studying past and present price action to predict the probability of Novatek Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatek Microelectronics' price. Additionally, you may evaluate how the addition of Novatek Microelectronics to your portfolios can decrease your overall portfolio volatility.