NEXCOM Financial Statements From 2010 to 2024
| 8234 Stock | TWD 49.75 0.45 0.90% |
Check NEXCOM International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NEXCOM International's main balance sheet or income statement drivers, such as , as well as many indicators such as . NEXCOM financial statements analysis is a perfect complement when working with NEXCOM International Valuation or Volatility modules.
NEXCOM |
NEXCOM International Co Company Current Valuation Analysis
NEXCOM International'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 NEXCOM International Current Valuation | 7.41 B |
Most of NEXCOM International'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, NEXCOM International 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, NEXCOM International Co has a Current Valuation of 7.41 B. This is 61.63% lower than that of the Technology sector and 4.74% higher than that of the Computer Systems industry. The current valuation for all Taiwan stocks is 55.43% higher than that of the company.
NEXCOM International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEXCOM International's current stock value. Our valuation model uses many indicators to compare NEXCOM International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEXCOM International competition to find correlations between indicators driving NEXCOM International's intrinsic value. More Info.NEXCOM International 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 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NEXCOM International Co is roughly 10.40 . 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 NEXCOM International's earnings, one of the primary drivers of an investment's value.About NEXCOM International Financial Statements
NEXCOM International investors use historical fundamental indicators, such as NEXCOM International'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 NEXCOM International. Please read more on our technical analysis and fundamental analysis pages.
NEXCOM International Co., Ltd., together with its subsidiaries, provides IoT automation solutions, intelligent platform and services, mobile computing solutions, network and communication solutions, intelligent digital security, and medical and healthcare informatics products worldwide. NEXCOM International Co., Ltd. was founded in 1992 and is headquartered in New Taipei City, Taiwan. NEXCOM INTERNATIONAL operates under Computer Systems classification in Taiwan and is traded on Taiwan OTC Exchange.
Pair Trading with NEXCOM International
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 NEXCOM International 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 NEXCOM International will appreciate offsetting losses from the drop in the long position's value.Moving together with NEXCOM Stock
Moving against NEXCOM Stock
| 0.68 | 2882 | Cathay Financial Holding | PairCorr |
| 0.61 | 2330 | Taiwan Semiconductor | PairCorr |
| 0.58 | 2891 | CTBC Financial Holding | PairCorr |
| 0.55 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.51 | 2357 | Asustek Computer | PairCorr |
The ability to find closely correlated positions to NEXCOM International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NEXCOM International 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 NEXCOM International - 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 NEXCOM International Co to buy it.
The correlation of NEXCOM International 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 NEXCOM International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NEXCOM International 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 NEXCOM International 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 NEXCOM Stock Analysis
When running NEXCOM International's price analysis, check to measure NEXCOM International'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 NEXCOM International is operating at the current time. Most of NEXCOM International's value examination focuses on studying past and present price action to predict the probability of NEXCOM International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXCOM International's price. Additionally, you may evaluate how the addition of NEXCOM International to your portfolios can decrease your overall portfolio volatility.