Jetwell Computer Co Stock Return On Equity
| 3147 Stock | TWD 139.50 4.50 3.33% |
Jetwell Computer Co fundamentals help investors to digest information that contributes to Jetwell Computer's financial success or failures. It also enables traders to predict the movement of Jetwell Stock. The fundamental analysis module provides a way to measure Jetwell Computer'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 Jetwell Computer stock.
Jetwell |
Jetwell Computer Co Company Return On Equity Analysis
Jetwell Computer'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.
Current Jetwell Computer Return On Equity | 0.24 |
Most of Jetwell Computer'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, Jetwell Computer Co 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.
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Based on the latest financial disclosure, Jetwell Computer Co has a Return On Equity of 0.2436. This is 102.02% lower than that of the Technology sector and 94.74% lower than that of the Information Technology Services industry. The return on equity for all Taiwan stocks is 178.58% lower than that of the firm.
Jetwell Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jetwell Computer'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 Jetwell Computer could also be used in its relative valuation, which is a method of valuing Jetwell Computer by comparing valuation metrics of similar companies.Jetwell Computer is number one stock in return on equity category among its peers.
Jetwell Fundamentals
| Return On Equity | 0.24 | |||
| Return On Asset | 0.0512 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 2.07 B | |||
| Shares Outstanding | 39.01 M | |||
| Shares Owned By Insiders | 45.60 % | |||
| Price To Book | 1.83 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 4.66 B | |||
| Gross Profit | 588.93 M | |||
| EBITDA | 247.86 M | |||
| Net Income | 176.35 M | |||
| Book Value Per Share | 28.92 X | |||
| Cash Flow From Operations | 404.3 M | |||
| Earnings Per Share | 6.62 X | |||
| Number Of Employees | 10 | |||
| Beta | 0.48 | |||
| Market Capitalization | 2.21 B | |||
| Total Asset | 2.13 B | |||
| Z Score | 2.0 | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 2.13 B | |||
| Last Dividend Paid | 4.0 |
About Jetwell Computer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jetwell Computer Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jetwell Computer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jetwell Computer Co 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.
Pair Trading with Jetwell Computer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jetwell Computer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jetwell Computer will appreciate offsetting losses from the drop in the long position's value.Moving against Jetwell Stock
| 0.64 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.55 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.55 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.54 | 6763 | Green World Fintech Split | PairCorr |
| 0.54 | 2330 | Taiwan Semiconductor | PairCorr |
The ability to find closely correlated positions to Jetwell Computer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jetwell Computer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jetwell Computer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jetwell Computer Co to buy it.
The correlation of Jetwell Computer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jetwell Computer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jetwell Computer moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jetwell Computer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Jetwell Stock Analysis
When running Jetwell Computer's price analysis, check to measure Jetwell Computer'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 Jetwell Computer is operating at the current time. Most of Jetwell Computer's value examination focuses on studying past and present price action to predict the probability of Jetwell Computer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetwell Computer's price. Additionally, you may evaluate how the addition of Jetwell Computer to your portfolios can decrease your overall portfolio volatility.