Elite Semiconductor Memory Stock Return On Equity

3006 Stock  TWD 60.60  0.10  0.17%   
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 Return On Equity Analysis

Elite Semiconductor's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Elite Semiconductor Return On Equity

    
  0.27  
Most of Elite Semiconductor's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Elite Semiconductor Memory has a Return On Equity of 0.2669. This is 102.22% lower than that of the Semiconductors & Semiconductor Equipment sector and 104.2% lower than that of the Information Technology industry. The return on equity for all Taiwan stocks is 186.1% lower than that of the firm.

Elite Return On Equity 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 Return On Equity 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 return on equity 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.

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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.