Kenda Rubber Financials
| 2106 Stock | TWD 28.75 0.05 0.17% |
Kenda |
Understanding current and past Kenda Rubber Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Kenda Rubber's financial statements are interrelated, with each one affecting the others. For example, an increase in Kenda Rubber's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Kenda Rubber's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Kenda Rubber Industrial. Check Kenda Rubber's Beneish M Score to see the likelihood of Kenda Rubber's management manipulating its earnings.
Kenda Rubber Stock Summary
Kenda Rubber competes with Chaintech Technology, AVerMedia Technologies, Avision, Clevo, and Elitegroup Computer. It offers automotive, bicycle, wheelchair, power sport, and turftrailerspecialty tires. The company sells its tires through distributors and retailers. KENDA RUBBER operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002106002 |
| Business Address | No 146 Section |
| Sector | Auto Components |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.kendatire.com |
| Phone | (886) 4 8331865 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Kenda Rubber without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kenda Stock, because this is throwing your money away. Analyzing the key information contained in Kenda Rubber's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kenda Rubber Key Financial Ratios
There are many critical financial ratios that Kenda Rubber's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Kenda Rubber Industrial reports annually and quarterly.| Return On Equity | 0.0239 | |||
| Return On Asset | 0.0075 | |||
| Target Price | 40.0 | |||
| Number Of Employees | 19 | |||
| Beta | 0.31 |
Kenda Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kenda Rubber's current stock value. Our valuation model uses many indicators to compare Kenda Rubber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kenda Rubber competition to find correlations between indicators driving Kenda Rubber's intrinsic value. More Info.Kenda Rubber Industrial 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 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kenda Rubber Industrial is roughly 3.19 . 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 Kenda Rubber's earnings, one of the primary drivers of an investment's value.Kenda Rubber Industrial Systematic Risk
Kenda Rubber's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kenda Rubber 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Kenda Rubber Industrial correlated with the market. If Beta is less than 0 Kenda Rubber generally moves in the opposite direction as compared to the market. If Kenda Rubber Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kenda Rubber Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kenda Rubber is generally in the same direction as the market. If Beta > 1 Kenda Rubber moves generally in the same direction as, but more than the movement of the benchmark.
Kenda Rubber Thematic Clasifications
Kenda Rubber Industrial is part of Plastics 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. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Kenda Rubber November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Kenda Rubber help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kenda Rubber Industrial. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kenda Rubber Industrial based on widely used predictive technical indicators. In general, we focus on analyzing Kenda Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kenda Rubber's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 5.79 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.52 |
Additional Tools for Kenda Stock Analysis
When running Kenda Rubber's price analysis, check to measure Kenda Rubber'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 Kenda Rubber is operating at the current time. Most of Kenda Rubber's value examination focuses on studying past and present price action to predict the probability of Kenda Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenda Rubber's price. Additionally, you may evaluate how the addition of Kenda Rubber to your portfolios can decrease your overall portfolio volatility.