Novatek Microelectronics Corp Stock Return On Equity
| 3034 Stock | TWD 483.50 2.50 0.52% |
Novatek Microelectronics Corp fundamentals help investors to digest information that contributes to Novatek Microelectronics' financial success or failures. It also enables traders to predict the movement of Novatek Stock. The fundamental analysis module provides a way to measure Novatek 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 Novatek Microelectronics stock.
Novatek |
Novatek Microelectronics Corp Company Return On Equity Analysis
Novatek Microelectronics' 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.
Current Novatek Microelectronics Return On Equity | 0.42 |
Most of Novatek Microelectronics' 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, Novatek Microelectronics Corp 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, Novatek Microelectronics Corp has a Return On Equity of 0.4246. This is 103.53% lower than that of the Semiconductors & Semiconductor Equipment sector and 76.15% lower than that of the Information Technology industry. The return on equity for all Taiwan stocks is notably lower than that of the firm.
Novatek Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novatek Microelectronics' 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 Novatek Microelectronics could also be used in its relative valuation, which is a method of valuing Novatek Microelectronics by comparing valuation metrics of similar companies.Novatek Microelectronics is number one stock in return on equity category among its peers.
Novatek Fundamentals
| Return On Equity | 0.42 | |||
| Return On Asset | 0.26 | |||
| Profit Margin | 0.25 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 144.82 B | |||
| Shares Outstanding | 608.51 M | |||
| Shares Owned By Insiders | 5.10 % | |||
| Shares Owned By Institutions | 40.90 % | |||
| Price To Earning | 13.01 X | |||
| Price To Book | 3.05 X | |||
| Price To Sales | 1.54 X | |||
| Revenue | 135.37 B | |||
| Gross Profit | 50.94 B | |||
| EBITDA | 49.24 B | |||
| Net Income | 38.87 B | |||
| Cash And Equivalents | 20.45 B | |||
| Cash Per Share | 33.60 X | |||
| Total Debt | 293.66 M | |||
| Debt To Equity | 1.00 % | |||
| Current Ratio | 2.06 X | |||
| Book Value Per Share | 100.74 X | |||
| Cash Flow From Operations | 41.72 B | |||
| Earnings Per Share | 57.16 X | |||
| Price To Earnings To Growth | 2.12 X | |||
| Target Price | 371.06 | |||
| Number Of Employees | 30 | |||
| Beta | 1.12 | |||
| Market Capitalization | 242.49 B | |||
| Total Asset | 120.59 B | |||
| Retained Earnings | 20.21 B | |||
| Working Capital | 24.02 B | |||
| Current Asset | 34.22 B | |||
| Current Liabilities | 10.2 B | |||
| Annual Yield | 0.14 % | |||
| Five Year Return | 6.09 % | |||
| Net Asset | 120.59 B |
About Novatek Microelectronics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novatek Microelectronics Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novatek Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novatek 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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When running Novatek Microelectronics' price analysis, check to measure Novatek 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 Novatek Microelectronics is operating at the current time. Most of Novatek Microelectronics' value examination focuses on studying past and present price action to predict the probability of Novatek Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatek Microelectronics' price. Additionally, you may evaluate how the addition of Novatek Microelectronics to your portfolios can decrease your overall portfolio volatility.