First Steamship Financials
| 2601 Stock | TWD 7.76 0.14 1.77% |
First |
Understanding current and past First Steamship Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Steamship's financial statements are interrelated, with each one affecting the others. For example, an increase in First Steamship's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in First Steamship's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Steamship Co. Check First Steamship's Beneish M Score to see the likelihood of First Steamship's management manipulating its earnings.
First Steamship Stock Summary
First Steamship competes with Sincere Navigation, Evergreen International, Far Eastern, Hung Sheng, and China Container. First Steamship Company, Ltd. operates as a shipping company in Taiwan. First Steamship Company, Ltd. was founded in 1963 and is based in Taipei City, Taiwan. FIRST STEAMSHIP is traded on Taiwan Stock Exchange in Taiwan.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002601002 |
| Business Address | No 237, Fuhsing |
| Sector | Marine |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.firsteam.com.tw |
| Phone | 886 2 2706 9911 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in First Steamship without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Stock, because this is throwing your money away. Analyzing the key information contained in First Steamship's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
First Steamship Key Financial Ratios
There are many critical financial ratios that First Steamship's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that First Steamship reports annually and quarterly.| Return On Equity | -0.0079 | |||
| Return On Asset | 0.0126 | |||
| Target Price | 66.2 | |||
| Number Of Employees | 27 | |||
| Beta | 0.71 |
First Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Steamship's current stock value. Our valuation model uses many indicators to compare First Steamship value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Steamship competition to find correlations between indicators driving First Steamship's intrinsic value. More Info.First Steamship Co is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . 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 First Steamship's earnings, one of the primary drivers of an investment's value.First Steamship Systematic Risk
First Steamship's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Steamship 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 four with a total number of output elements of fifty-seven. The Beta measures systematic risk based on how returns on First Steamship correlated with the market. If Beta is less than 0 First Steamship generally moves in the opposite direction as compared to the market. If First Steamship Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Steamship is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Steamship is generally in the same direction as the market. If Beta > 1 First Steamship moves generally in the same direction as, but more than the movement of the benchmark.
First Steamship November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Steamship help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Steamship Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Steamship Co based on widely used predictive technical indicators. In general, we focus on analyzing First Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Steamship's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.0112 | |||
| Maximum Drawdown | 15.26 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 4.0 |
Additional Tools for First Stock Analysis
When running First Steamship's price analysis, check to measure First Steamship'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 First Steamship is operating at the current time. Most of First Steamship's value examination focuses on studying past and present price action to predict the probability of First Steamship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Steamship's price. Additionally, you may evaluate how the addition of First Steamship to your portfolios can decrease your overall portfolio volatility.