Airtac International Financials
| 1590 Stock | TWD 825.00 4.00 0.48% |
Airtac |
Understanding current and past Airtac International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Airtac International's financial statements are interrelated, with each one affecting the others. For example, an increase in Airtac International's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Airtac International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Airtac International Group. Check Airtac International's Beneish M Score to see the likelihood of Airtac International's management manipulating its earnings.
Airtac International Stock Summary
Airtac International competes with Sunny Friend, TTET Union, ECOVE Environment, and Yulon Finance. AirTAC International Group, through its subsidiaries, manufactures and supplies pneumatic equipment worldwide. The company was founded in 1988 and is headquartered in Taipei City, Taiwan. AIRTAC INTERNATIONAL operates under Diversified Industrials classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | KYG014081064 |
| Business Address | No 165, wenzhong |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.airtac.com |
| Phone | 886 3 3920 239 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Airtac International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Airtac Stock, because this is throwing your money away. Analyzing the key information contained in Airtac International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Airtac International Key Financial Ratios
There are many critical financial ratios that Airtac International's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Airtac International reports annually and quarterly.| Return On Equity | 0.2 | |||
| Return On Asset | 0.0952 | |||
| Target Price | 1148.07 | |||
| Number Of Employees | 33 | |||
| Beta | 1.27 |
Airtac Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Airtac International's current stock value. Our valuation model uses many indicators to compare Airtac International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Airtac International competition to find correlations between indicators driving Airtac International's intrinsic value. More Info.Airtac International Group 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 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Airtac International Group is roughly 2.08 . 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 Airtac International's earnings, one of the primary drivers of an investment's value.Airtac International Systematic Risk
Airtac International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Airtac International volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Airtac International correlated with the market. If Beta is less than 0 Airtac International generally moves in the opposite direction as compared to the market. If Airtac International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Airtac International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Airtac International is generally in the same direction as the market. If Beta > 1 Airtac International moves generally in the same direction as, but more than the movement of the benchmark.
Airtac International November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Airtac International help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Airtac International Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Airtac International Group based on widely used predictive technical indicators. In general, we focus on analyzing Airtac Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Airtac International's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 15.86 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 4.18 |
Additional Tools for Airtac Stock Analysis
When running Airtac International's price analysis, check to measure Airtac 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 Airtac International is operating at the current time. Most of Airtac International's value examination focuses on studying past and present price action to predict the probability of Airtac 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 Airtac International's price. Additionally, you may evaluate how the addition of Airtac International to your portfolios can decrease your overall portfolio volatility.