Primax Electronics Financials

4915 Stock  TWD 79.60  0.40  0.50%   
Financial data analysis helps to confirm if markets are presently mispricing Primax Electronics. We are able to interpolate and break down thirty-nine available financial ratios for Primax Electronics, which can be compared to its competitors. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Primax Electronics to be traded at NT$78.01 in 90 days.
  
Understanding current and past Primax Electronics Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Primax Electronics' financial statements are interrelated, with each one affecting the others. For example, an increase in Primax Electronics' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Primax Electronics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Primax Electronics. Check Primax Electronics' Beneish M Score to see the likelihood of Primax Electronics' management manipulating its earnings.

Primax Electronics Stock Summary

Primax Electronics competes with Novatek Microelectronics, MediaTek, Quanta Computer, and United Microelectronics. Primax Electronics Ltd., together with its subsidiaries, manufactures and sells computer peripherals and non-computer peripherals in Taiwan, China, the Americas, and internationally. The company was founded in 1984 and is headquartered in Taipei City, Taiwan. PRIMAX ELECTRONICS is traded on Taiwan Stock Exchange in Taiwan.
InstrumentTaiwan Stock View All
ExchangeTaiwan Stock Exchange
ISINTW0004915004
Business AddressNo 669 Ruiguang
SectorTechnology Hardware, Storage & Peripherals
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.primax.com.tw
Phone886 2 2798 9008
CurrencyTWD - New Taiwan Dollar
You should never invest in Primax Electronics without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Primax Stock, because this is throwing your money away. Analyzing the key information contained in Primax Electronics' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Primax Electronics Key Financial Ratios

There are many critical financial ratios that Primax Electronics' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Primax Electronics reports annually and quarterly.

Primax Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Primax Electronics's current stock value. Our valuation model uses many indicators to compare Primax Electronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Primax Electronics competition to find correlations between indicators driving Primax Electronics's intrinsic value. More Info.
Primax Electronics is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.24  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Primax Electronics is roughly  4.24 . 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 Primax Electronics' earnings, one of the primary drivers of an investment's value.

Primax Electronics Systematic Risk

Primax Electronics' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Primax 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Primax Electronics correlated with the market. If Beta is less than 0 Primax Electronics generally moves in the opposite direction as compared to the market. If Primax Electronics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Primax Electronics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Primax Electronics is generally in the same direction as the market. If Beta > 1 Primax Electronics moves generally in the same direction as, but more than the movement of the benchmark.

Primax Electronics November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Primax Electronics help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Primax Electronics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Primax Electronics based on widely used predictive technical indicators. In general, we focus on analyzing Primax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Primax Electronics's daily price indicators and compare them against related drivers.

Additional Tools for Primax Stock Analysis

When running Primax Electronics' price analysis, check to measure Primax 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 Primax Electronics is operating at the current time. Most of Primax Electronics' value examination focuses on studying past and present price action to predict the probability of Primax Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primax Electronics' price. Additionally, you may evaluate how the addition of Primax Electronics to your portfolios can decrease your overall portfolio volatility.