Elite Semiconductor Memory Stock Fundamentals

3006 Stock  TWD 65.20  1.30  2.03%   
Elite Semiconductor Memory fundamentals help investors to digest information that contributes to Elite Semiconductor's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Semiconductor'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 Elite Semiconductor stock.
  
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Elite Semiconductor Memory Company Current Valuation Analysis

Elite Semiconductor'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 Elite Semiconductor Current Valuation

    
  15.85 B  
Most of Elite Semiconductor'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, Elite Semiconductor Memory 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, Elite Semiconductor Memory has a Current Valuation of 15.85 B. This is 17.95% lower than that of the Semiconductors & Semiconductor Equipment sector and 72.07% higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is 4.67% higher than that of the company.

Elite Semiconductor Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Elite Semiconductor's current stock value. Our valuation model uses many indicators to compare Elite Semiconductor value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Elite Semiconductor competition to find correlations between indicators driving Elite Semiconductor's intrinsic value. More Info.
Elite Semiconductor Memory is rated fifth in return on equity category among its peers. It also is rated fifth 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 Elite Semiconductor Memory 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 Elite Semiconductor's earnings, one of the primary drivers of an investment's value.

Elite Current Valuation Peer Comparison

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

Elite Fundamentals

About Elite Semiconductor Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elite Semiconductor Memory's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elite Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elite Semiconductor Memory 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.
Elite Semiconductor Memory Technology Inc., engages in the design, manufacture, and sale of IC products in Taiwan. Elite Semiconductor Memory Technology Inc. was founded in 1998 and is based in Hsinchu, Taiwan. ELITE SEMICONDUCTOR operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.

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Additional Tools for Elite Stock Analysis

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