Mayer Steel Financials
| 2020 Stock | TWD 29.05 0.45 1.57% |
Mayer |
Understanding current and past Mayer Steel Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mayer Steel's financial statements are interrelated, with each one affecting the others. For example, an increase in Mayer Steel's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Mayer Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mayer Steel Pipe. Check Mayer Steel's Beneish M Score to see the likelihood of Mayer Steel's management manipulating its earnings.
Mayer Steel Stock Summary
Mayer Steel competes with Froch Enterprise, Hsin Kuang, Chung Hung, Tung Ho, and Feng Hsin. Mayer Steel Pipe Corporation manufactures steel pipes and tubular products in Taiwan. Mayer Steel Pipe Corporation was founded in 1959 and is headquartered in Taipei City, Taiwan. MAYER STEEL operates under Steel classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002020005 |
| Business Address | No 2-1, Minchuan |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.mayer.com.tw |
| Phone | 886 2 2509 1199 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Mayer Steel without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mayer Stock, because this is throwing your money away. Analyzing the key information contained in Mayer Steel's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mayer Steel Key Financial Ratios
There are many critical financial ratios that Mayer Steel's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mayer Steel Pipe reports annually and quarterly.| Return On Equity | 0.0846 | |||
| Return On Asset | 0.0185 | |||
| Target Price | 44.0 | |||
| Number Of Employees | 23 | |||
| Beta | 0.52 |
Mayer Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mayer Steel's current stock value. Our valuation model uses many indicators to compare Mayer Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mayer Steel competition to find correlations between indicators driving Mayer Steel's intrinsic value. More Info.Mayer Steel Pipe is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mayer Steel Pipe is roughly 4.57 . 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 Mayer Steel's earnings, one of the primary drivers of an investment's value.Mayer Steel Pipe Systematic Risk
Mayer Steel's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mayer Steel 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 Mayer Steel Pipe correlated with the market. If Beta is less than 0 Mayer Steel generally moves in the opposite direction as compared to the market. If Mayer Steel Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mayer Steel Pipe is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mayer Steel is generally in the same direction as the market. If Beta > 1 Mayer Steel moves generally in the same direction as, but more than the movement of the benchmark.
Mayer Steel Thematic Clasifications
Mayer Steel Pipe is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
Mayer Steel November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mayer Steel help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mayer Steel Pipe. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mayer Steel Pipe based on widely used predictive technical indicators. In general, we focus on analyzing Mayer Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mayer Steel's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.11 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.62 |
Additional Tools for Mayer Stock Analysis
When running Mayer Steel's price analysis, check to measure Mayer Steel'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 Mayer Steel is operating at the current time. Most of Mayer Steel's value examination focuses on studying past and present price action to predict the probability of Mayer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayer Steel's price. Additionally, you may evaluate how the addition of Mayer Steel to your portfolios can decrease your overall portfolio volatility.