Cheng Uei Precision Stock Fundamentals

2392 Stock  TWD 87.80  7.90  9.89%   
Cheng Uei Precision fundamentals help investors to digest information that contributes to Cheng Uei's financial success or failures. It also enables traders to predict the movement of Cheng Stock. The fundamental analysis module provides a way to measure Cheng Uei'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 Cheng Uei stock.
  
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Cheng Uei Precision Company Current Valuation Analysis

Cheng Uei'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 Cheng Uei Current Valuation

    
  39.67 B  
Most of Cheng Uei'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, Cheng Uei Precision 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, Cheng Uei Precision has a Current Valuation of 39.67 B. This is 105.4% higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is 138.64% lower than that of the firm.

Cheng Uei Precision Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cheng Uei's current stock value. Our valuation model uses many indicators to compare Cheng Uei value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cheng Uei competition to find correlations between indicators driving Cheng Uei's intrinsic value. More Info.
Cheng Uei Precision is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cheng Uei Precision is roughly  2.80 . 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 Cheng Uei's earnings, one of the primary drivers of an investment's value.

Cheng Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheng Uei'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 Cheng Uei could also be used in its relative valuation, which is a method of valuing Cheng Uei by comparing valuation metrics of similar companies.
Cheng Uei is currently under evaluation in current valuation category among its peers.

Cheng Fundamentals

About Cheng Uei Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cheng Uei Precision's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Uei using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Uei Precision 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.
Cheng Uei Precision Industry Co., Ltd. designs, manufactures, and sells connectors, cable assemblies, power management devices, and battery packs to communication devices, computers, and consumer electronics manufacturers worldwide. The company was founded in 1986 and is headquartered in New Taipei City, Taiwan. CHENG UEI is traded on Taiwan Stock Exchange in Taiwan.

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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 Cheng Stock Analysis

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