Everlight Electronics Financials
| 2393 Stock | TWD 78.90 1.20 1.54% |
Everlight |
Understanding current and past Everlight Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Everlight Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Everlight Electronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Everlight Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Everlight Electronics Co. Check Everlight Electronics' Beneish M Score to see the likelihood of Everlight Electronics' management manipulating its earnings.
Everlight Electronics Stock Summary
Everlight Electronics competes with Novatek Microelectronics, Quanta Computer, and United Microelectronics. Everlight Electronics Co., Ltd. provides LEDs, lamps, lighting components, LED lighting modules, opto-couplers, and infrared components for various applications worldwide. Everlight Electronics Co., Ltd. was founded in 1983 and is headquartered in New Taipei City, Taiwan. EVERLIGHT ELECTRONICS operates under Semiconductors classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002393006 |
| Business Address | No6-8, Chung-Hua Road, |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.everlight.com |
| Phone | 886 2 2685 6688 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Everlight Electronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Everlight Stock, because this is throwing your money away. Analyzing the key information contained in Everlight Electronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Everlight Electronics Key Financial Ratios
There are many critical financial ratios that Everlight Electronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Everlight Electronics reports annually and quarterly.| Return On Equity | 0.0875 | |||
| Return On Asset | 0.034 | |||
| Target Price | 41.0 | |||
| Number Of Employees | 30 | |||
| Beta | 0.96 |
Everlight Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Everlight Electronics's current stock value. Our valuation model uses many indicators to compare Everlight Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Everlight Electronics competition to find correlations between indicators driving Everlight Electronics's intrinsic value. More Info.Everlight Electronics Co is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Everlight Electronics Co is roughly 2.57 . 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 Everlight Electronics' earnings, one of the primary drivers of an investment's value.Everlight Electronics Systematic Risk
Everlight Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Everlight Electronics 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 Everlight Electronics correlated with the market. If Beta is less than 0 Everlight Electronics generally moves in the opposite direction as compared to the market. If Everlight Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Everlight Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Everlight Electronics is generally in the same direction as the market. If Beta > 1 Everlight Electronics moves generally in the same direction as, but more than the movement of the benchmark.
Everlight Electronics Thematic Clasifications
Everlight Electronics Co is part of Electronics 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. Electronic manufacturers. Companies manufacturing electronic appliances and goods
This theme covers Electronic manufacturers. Companies manufacturing electronic appliances and goods. Get More Thematic Ideas
| Electronics | View |
Everlight Electronics November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Everlight Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Everlight Electronics Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Everlight Electronics Co based on widely used predictive technical indicators. In general, we focus on analyzing Everlight Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Everlight Electronics's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.48 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.37 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 2.99 |
Additional Tools for Everlight Stock Analysis
When running Everlight Electronics' price analysis, check to measure Everlight Electronics' 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 Everlight Electronics is operating at the current time. Most of Everlight Electronics' value examination focuses on studying past and present price action to predict the probability of Everlight Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Electronics' price. Additionally, you may evaluate how the addition of Everlight Electronics to your portfolios can decrease your overall portfolio volatility.