Elan Microelectronics Corp Stock Cash Per Share

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elan Microelectronics Corp Company Cash Per Share Analysis

Elan Microelectronics' Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Average Shares

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Current Elan Microelectronics Cash Per Share

    
  17.23 X  
Most of Elan Microelectronics' fundamental indicators, such as Cash 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, Elan Microelectronics Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Elan Microelectronics Corp has a Cash Per Share of 17.23 times. This is 389.49% higher than that of the Semiconductors & Semiconductor Equipment sector and 170.06% higher than that of the Information Technology industry. The cash per share for all Taiwan stocks is notably lower than that of the firm.

Elan Cash Per Share 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 Cash 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 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 cash per share 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.

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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.