Merida Industry Financials
| 9914 Stock | TWD 155.50 1.50 0.96% |
Merida |
Understanding current and past Merida Industry Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Merida Industry's financial statements are interrelated, with each one affecting the others. For example, an increase in Merida Industry's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Merida Industry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Merida Industry Co. Check Merida Industry's Beneish M Score to see the likelihood of Merida Industry's management manipulating its earnings.
Merida Industry Stock Summary
Merida Industry competes with Taiwan Semiconductor, Hon Hai, MediaTek, Chunghwa Telecom, and Chailease Holding. Merida Industry Co., Ltd. engages in the processing, manufacture, and sale of bicycles and its components in Taiwan, rest of Asia, Europe, and internationally. Merida Industry Co., Ltd. was founded in 1972 and is headquartered in Changhua, Taiwan. MERIDA INDUSTRY operates under Leisure classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0009914002 |
| Business Address | No 116, Meigang |
| Sector | Leisure Products |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.merida-bikes.com |
| Phone | 886 4 852 6171 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Merida Industry without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Merida Stock, because this is throwing your money away. Analyzing the key information contained in Merida Industry's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Merida Industry Key Financial Ratios
There are many critical financial ratios that Merida Industry's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Merida Industry reports annually and quarterly.| Return On Equity | 0.23 | |||
| Return On Asset | 0.0416 | |||
| Target Price | 207.64 | |||
| Number Of Employees | 31 | |||
| Beta | 1.14 |
Merida Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Merida Industry's current stock value. Our valuation model uses many indicators to compare Merida Industry value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Merida Industry competition to find correlations between indicators driving Merida Industry's intrinsic value. More Info.Merida Industry Co 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 0.18 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Merida Industry Co is roughly 5.58 . 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 Merida Industry's earnings, one of the primary drivers of an investment's value.Merida Industry Systematic Risk
Merida Industry's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Merida Industry 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 Merida Industry correlated with the market. If Beta is less than 0 Merida Industry generally moves in the opposite direction as compared to the market. If Merida Industry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Merida Industry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Merida Industry is generally in the same direction as the market. If Beta > 1 Merida Industry moves generally in the same direction as, but more than the movement of the benchmark.
Merida Industry November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Merida Industry help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Merida Industry Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Merida Industry Co based on widely used predictive technical indicators. In general, we focus on analyzing Merida Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Merida Industry's daily price indicators and compare them against related drivers.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 10.94 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.41 |
Additional Tools for Merida Stock Analysis
When running Merida Industry's price analysis, check to measure Merida Industry'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 Merida Industry is operating at the current time. Most of Merida Industry's value examination focuses on studying past and present price action to predict the probability of Merida Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merida Industry's price. Additionally, you may evaluate how the addition of Merida Industry to your portfolios can decrease your overall portfolio volatility.