Elan Microelectronics Corp Stock Fundamentals

2458 Stock  TWD 148.00  0.50  0.34%   
Elan Microelectronics Corp fundamentals help investors to digest information that contributes to Elan Microelectronics' financial success or failures. It also enables traders to predict the movement of Elan Stock. The fundamental analysis module provides a way to measure Elan Microelectronics' 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 Elan Microelectronics stock.
  
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Elan Microelectronics Corp Company Current Valuation Analysis

Elan Microelectronics' 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 Elan Microelectronics Current Valuation

    
  22.43 B  
Most of Elan Microelectronics' 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, Elan Microelectronics Corp 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, Elan Microelectronics Corp has a Current Valuation of 22.43 B. This is 16.12% higher than that of the Semiconductors & Semiconductor Equipment sector and 143.5% higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is 34.91% lower than that of the firm.

Elan Microelectronics Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Elan Microelectronics's current stock value. Our valuation model uses many indicators to compare Elan Microelectronics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elan Microelectronics competition to find correlations between indicators driving Elan Microelectronics's intrinsic value. More Info.
Elan Microelectronics Corp is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about  0.45  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Elan Microelectronics Corp is roughly  2.21 . 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 Elan Microelectronics' earnings, one of the primary drivers of an investment's value.

Elan Current Valuation Peer Comparison

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

Elan Fundamentals

About Elan Microelectronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elan Microelectronics Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elan Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elan Microelectronics Corp 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.
ELAN Microelectronics Corporation researches and develops integrated circuits , and provides touchpad module solutions in Taiwan, China, Hong Kong, and internationally. ELAN Microelectronics Corporation was founded in 1994 and is headquartered in Hsinchu City, Taiwan. ELAN MICROELECTRONICS operates under Semiconductor Equipment Materials 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 Elan Stock Analysis

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