Fortune Information Systems Stock Cash And Equivalents
2468 Stock | TWD 24.65 0.25 1.02% |
Fortune Information Systems fundamentals help investors to digest information that contributes to Fortune Information's financial success or failures. It also enables traders to predict the movement of Fortune Stock. The fundamental analysis module provides a way to measure Fortune Information'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 Fortune Information stock.
Fortune |
Fortune Information Systems Company Cash And Equivalents Analysis
Fortune Information's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Fortune Information Cash And Equivalents | 273.16 M |
Most of Fortune Information's fundamental indicators, such as Cash And Equivalents, 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, Fortune Information Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition |
In accordance with the recently published financial statements, Fortune Information Systems has 273.16 M in Cash And Equivalents. This is 78.13% lower than that of the Electronic Equipment, Instruments & Components sector and 78.19% lower than that of the Information Technology industry. The cash and equivalents for all Taiwan stocks is 89.89% higher than that of the company.
Fortune Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortune Information's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fortune Information could also be used in its relative valuation, which is a method of valuing Fortune Information by comparing valuation metrics of similar companies.Fortune Information is currently under evaluation in cash and equivalents category among its peers.
Fortune Fundamentals
Return On Equity | 0.0506 | |||
Return On Asset | 0.0175 | |||
Profit Margin | 0.03 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 2.01 B | |||
Shares Outstanding | 69.96 M | |||
Shares Owned By Insiders | 72.52 % | |||
Price To Earning | 18.92 X | |||
Price To Book | 1.68 X | |||
Price To Sales | 0.87 X | |||
Revenue | 2.15 B | |||
Gross Profit | 231.96 M | |||
EBITDA | 72.57 M | |||
Net Income | 44.68 M | |||
Cash And Equivalents | 273.16 M | |||
Cash Per Share | 3.90 X | |||
Total Debt | 19.16 M | |||
Debt To Equity | 1.60 % | |||
Current Ratio | 2.73 X | |||
Book Value Per Share | 16.80 X | |||
Cash Flow From Operations | 185.65 M | |||
Earnings Per Share | 0.84 X | |||
Number Of Employees | 19 | |||
Beta | 0.55 | |||
Market Capitalization | 2.01 B | |||
Total Asset | 1.86 B | |||
Retained Earnings | 362 M | |||
Working Capital | 620 M | |||
Current Asset | 987 M | |||
Current Liabilities | 367 M | |||
Z Score | 63.4 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 3.90 % | |||
Net Asset | 1.86 B | |||
Last Dividend Paid | 0.4 |
About Fortune Information Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortune Information Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortune Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortune Information Systems 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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When running Fortune Information's price analysis, check to measure Fortune Information'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 Fortune Information is operating at the current time. Most of Fortune Information's value examination focuses on studying past and present price action to predict the probability of Fortune Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Information's price. Additionally, you may evaluate how the addition of Fortune Information to your portfolios can decrease your overall portfolio volatility.