Goertek (China) Buy Hold or Sell Recommendation
| 002241 Stock | 23.45 1.21 4.91% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Goertek is 'Strong Sell'. Macroaxis provides Goertek buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Goertek positions.
Check out Goertek Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Goertek and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Goertek. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Goertek |
Execute Goertek Buy or Sell Advice
The Goertek recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Goertek. Macroaxis does not own or have any residual interests in Goertek or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Goertek's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Goertek Trading Alerts and Improvement Suggestions
| Goertek had very high historical volatility over the last 90 days | |
| Goertek is unlikely to experience financial distress in the next 2 years | |
| About 33.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Retail investors who hold 53 percent of Goertek Inc. gained 8.8, insiders profited as well - Simply Wall St |
Goertek Returns Distribution Density
The distribution of Goertek's historical returns is an attempt to chart the uncertainty of Goertek's future price movements. The chart of the probability distribution of Goertek daily returns describes the distribution of returns around its average expected value. We use Goertek price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Goertek returns is essential to provide solid investment advice for Goertek.
| Mean Return | 0.33 | Value At Risk | -4.07 | Potential Upside | 6.89 | Standard Deviation | 3.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Goertek historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Goertek Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Dividends Paid | 595.5M | 571.9M | 668.6M | 953.2M | 836.8M | 423.6M | |
| Capital Expenditures | 3.2B | 5.6B | 7.0B | 8.1B | 6.9B | 7.3B | |
| Net Income | 1.3B | 2.8B | 4.3B | 1.7B | 1.1B | 1.4B | |
| Change To Inventory | (1.8B) | (4.1B) | (3.0B) | (6.1B) | 7.4B | 7.8B | |
| Investments | (211.5M) | (2.3M) | 18.9M | (1.1B) | (7.6B) | (7.2B) | |
| Change In Cash | 1.1B | 3.8B | 2.2B | 1.7B | 2.4B | 2.5B | |
| Net Borrowings | (506.5M) | 3.0B | 810.4M | 3.1B | 3.5B | 3.7B | |
| Depreciation | 2.0B | 2.1B | 2.8B | 3.6B | 3.8B | 2.3B | |
| Change To Netincome | 637.0M | 377.7M | 219.6M | 2.0B | 2.3B | 2.4B | |
| End Period Cash Flow | 3.1B | 6.9B | 9.1B | 10.8B | 13.2B | 7.1B | |
| Free Cash Flow | 2.3B | 2.1B | 1.6B | 227.0M | 1.2B | 855.5M | |
| Other Non Cash Items | 302.8M | 380.5M | 303.7M | 26.0M | 684.3M | 368.0M |
Goertek Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Goertek or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Goertek's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Goertek stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | -0.75 | |
σ | Overall volatility | 3.53 | |
Ir | Information ratio | 0.06 |
Goertek Volatility Alert
Goertek currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Goertek's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Goertek's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Goertek Fundamentals Vs Peers
Comparing Goertek's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Goertek's direct or indirect competition across all of the common fundamentals between Goertek and the related equities. This way, we can detect undervalued stocks with similar characteristics as Goertek or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Goertek's fundamental indicators could also be used in its relative valuation, which is a method of valuing Goertek by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Goertek to competition |
| Fundamentals | Goertek | Peer Average |
| Return On Equity | 0.0755 | -0.31 |
| Return On Asset | 0.019 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 86.15 B | 16.62 B |
| Shares Outstanding | 3.43 B | 571.82 M |
| Shares Owned By Insiders | 33.23 % | 10.09 % |
| Shares Owned By Institutions | 10.50 % | 39.21 % |
| Price To Book | 2.65 X | 9.51 X |
| Price To Sales | 0.86 X | 11.42 X |
| Revenue | 98.57 B | 9.43 B |
| Gross Profit | 10.46 B | 27.38 B |
| EBITDA | 6.29 B | 3.9 B |
| Net Income | 1.09 B | 570.98 M |
| Total Debt | 5.21 B | 5.32 B |
| Book Value Per Share | 9.57 X | 1.93 K |
| Cash Flow From Operations | 8.15 B | 971.22 M |
| Earnings Per Share | 0.75 X | 3.12 X |
| Price To Earnings To Growth | 1.02 X | 4.89 X |
| Target Price | 23.56 | |
| Number Of Employees | 81.37 K | 18.84 K |
| Beta | 1.15 | -0.15 |
| Market Capitalization | 88.7 B | 19.03 B |
| Total Asset | 73.74 B | 29.47 B |
| Retained Earnings | 17.04 B | 9.33 B |
| Working Capital | 6.6 B | 1.48 B |
| Annual Yield | 0.01 % | |
| Net Asset | 73.74 B | |
| Last Dividend Paid | 0.15 |
Goertek Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Goertek . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Goertek Buy or Sell Advice
When is the right time to buy or sell Goertek? Buying financial instruments such as Goertek Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Goertek Stock
Goertek financial ratios help investors to determine whether Goertek Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goertek with respect to the benefits of owning Goertek security.