Hong Yi Fiber Stock Book Value Per Share

1452 Stock  TWD 16.00  0.15  0.95%   
Hong Yi Fiber fundamentals help investors to digest information that contributes to Hong Yi's financial success or failures. It also enables traders to predict the movement of Hong Stock. The fundamental analysis module provides a way to measure Hong Yi'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 Hong Yi stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hong Yi Fiber Company Book Value Per Share Analysis

Hong Yi's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Hong Yi Book Value Per Share

    
  20.23 X  
Most of Hong Yi's fundamental indicators, such as Book Value Per Share, 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, Hong Yi Fiber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

In accordance with the recently published financial statements, the book value per share of Hong Yi Fiber is about 20.23 times. This is 77.08% lower than that of the Textiles, Apparel & Luxury Goods sector and 4.71% lower than that of the Consumer Discretionary industry. The book value per share for all Taiwan stocks is 98.95% higher than that of the company.

Hong Book Value Per Share Peer Comparison

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

Hong Fundamentals

About Hong Yi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hong Yi Fiber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hong Yi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hong Yi Fiber 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.

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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 Hong Stock Analysis

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