Shinkong Textile Co Stock Fundamentals

1419 Stock  TWD 47.40  0.85  1.83%   
Shinkong Textile Co fundamentals help investors to digest information that contributes to Shinkong Textile's financial success or failures. It also enables traders to predict the movement of Shinkong Stock. The fundamental analysis module provides a way to measure Shinkong Textile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Shinkong Textile stock.
  
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Shinkong Textile Co Company Current Valuation Analysis

Shinkong Textile's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Shinkong Textile Current Valuation

    
  12.52 B  
Most of Shinkong Textile's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Shinkong Textile Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Shinkong Textile Co has a Current Valuation of 12.52 B. This is 30.84% lower than that of the Textiles, Apparel & Luxury Goods sector and 97.95% higher than that of the Consumer Discretionary industry. The current valuation for all Taiwan stocks is 24.7% higher than that of the company.

Shinkong Textile Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shinkong Textile's current stock value. Our valuation model uses many indicators to compare Shinkong Textile value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shinkong Textile competition to find correlations between indicators driving Shinkong Textile's intrinsic value. More Info.
Shinkong Textile 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  0.05  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shinkong Textile Co is roughly  19.07 . 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 Shinkong Textile's earnings, one of the primary drivers of an investment's value.

Shinkong Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shinkong Textile's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Shinkong Textile could also be used in its relative valuation, which is a method of valuing Shinkong Textile by comparing valuation metrics of similar companies.
Shinkong Textile is currently under evaluation in current valuation category among its peers.

Shinkong Fundamentals

About Shinkong Textile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shinkong Textile Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shinkong Textile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shinkong Textile Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
It offers digital print, dyed fabric, reflective yarn, flannel, and bi-stretch fabric services for synthetic fibers. The company also provides base layers, mid layers, and outer wear knits and wool textile products. SHINKONG TEXTILE operates under Apparel Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Shinkong Stock Analysis

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