Baotek Financial Statements From 2010 to 2024
| 5340 Stock | TWD 45.40 4.90 12.10% |
Check Baotek Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baotek Industrial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Baotek financial statements analysis is a perfect complement when working with Baotek Industrial Valuation or Volatility modules.
Baotek |
Baotek Industrial Materials Company Current Valuation Analysis
Baotek Industrial'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 Baotek Industrial Current Valuation | 4.74 B |
Most of Baotek Industrial'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, Baotek Industrial Materials 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, Baotek Industrial Materials has a Current Valuation of 4.74 B. This is 73.82% lower than that of the Consumer Cyclical sector and significantly higher than that of the Textile Manufacturing industry. The current valuation for all Taiwan stocks is 71.5% higher than that of the company.
Baotek Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Baotek Industrial's current stock value. Our valuation model uses many indicators to compare Baotek Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Baotek Industrial competition to find correlations between indicators driving Baotek Industrial's intrinsic value. More Info.Baotek Industrial Materials is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Baotek Industrial Materials is roughly 2.45 . 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 Baotek Industrial's earnings, one of the primary drivers of an investment's value.About Baotek Industrial Financial Statements
Baotek Industrial investors use historical fundamental indicators, such as Baotek Industrial'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 Baotek Industrial. Please read more on our technical analysis and fundamental analysis pages.
Pair Trading with Baotek Industrial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baotek Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baotek Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Baotek Stock
Moving against Baotek Stock
| 0.57 | 2504 | Goldsun Building Mat | PairCorr |
| 0.45 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.32 | 0057 | Fubon MSCI Taiwan | PairCorr |
The ability to find closely correlated positions to Baotek Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baotek Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baotek Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baotek Industrial Materials to buy it.
The correlation of Baotek Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baotek Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baotek Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baotek Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Baotek Stock Analysis
When running Baotek Industrial's price analysis, check to measure Baotek Industrial'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 Baotek Industrial is operating at the current time. Most of Baotek Industrial's value examination focuses on studying past and present price action to predict the probability of Baotek Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baotek Industrial's price. Additionally, you may evaluate how the addition of Baotek Industrial to your portfolios can decrease your overall portfolio volatility.