Prime Oil Chemical Stock Fundamentals

2904 Stock  TWD 18.10  0.05  0.28%   
Prime Oil Chemical fundamentals help investors to digest information that contributes to Prime Oil's financial success or failures. It also enables traders to predict the movement of Prime Stock. The fundamental analysis module provides a way to measure Prime Oil'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 Prime Oil 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.

Prime Oil Chemical Company Current Valuation Analysis

Prime Oil'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 Prime Oil Current Valuation

    
  2.38 B  
Most of Prime Oil'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, Prime Oil Chemical 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, Prime Oil Chemical has a Current Valuation of 2.38 B. This is 93.9% lower than that of the Oil, Gas & Consumable Fuels sector and 89.54% lower than that of the Energy industry. The current valuation for all Taiwan stocks is 85.68% higher than that of the company.

Prime Oil Chemical Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Prime Oil's current stock value. Our valuation model uses many indicators to compare Prime Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Oil competition to find correlations between indicators driving Prime Oil's intrinsic value. More Info.
Prime Oil Chemical is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.28  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Prime Oil Chemical is roughly  3.62 . 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 Prime Oil's earnings, one of the primary drivers of an investment's value.

Prime Current Valuation Peer Comparison

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

Prime Fundamentals

About Prime Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Prime Oil Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Oil Chemical 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.
Prime Oil Chemical Service Corporation operates as an oil and petrochemical storage and transshipping company in Taiwan. Prime Oil Chemical Service Corporation was founded in 1978 and is headquartered in Taipei City, Taiwan. PAN OVERSEAS operates under Oil Gas Equipment Services 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 Prime Stock Analysis

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