Forcecon Technology Co Stock Return On Asset
| 3483 Stock | TWD 149.50 0.50 0.34% |
Forcecon Technology Co fundamentals help investors to digest information that contributes to Forcecon Technology's financial success or failures. It also enables traders to predict the movement of Forcecon Stock. The fundamental analysis module provides a way to measure Forcecon Technology'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 Forcecon Technology stock.
Forcecon |
Forcecon Technology Co Company Return On Asset Analysis
Forcecon Technology's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Forcecon Technology Return On Asset | 0.0313 |
Most of Forcecon Technology's fundamental indicators, such as Return On Asset, 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, Forcecon Technology Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Forcecon Technology Co has a Return On Asset of 0.0313. This is 101.08% lower than that of the Technology sector and 99.16% lower than that of the Computer Distribution industry. The return on asset for all Taiwan stocks is 122.36% lower than that of the firm.
Forcecon Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forcecon Technology's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forcecon Technology could also be used in its relative valuation, which is a method of valuing Forcecon Technology by comparing valuation metrics of similar companies.Forcecon Technology is currently under evaluation in return on asset category among its peers.
Forcecon Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0313 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 4.66 B | |||
| Shares Outstanding | 78.12 M | |||
| Shares Owned By Insiders | 14.16 % | |||
| Shares Owned By Institutions | 1.23 % | |||
| Price To Earning | 27.52 X | |||
| Price To Book | 1.26 X | |||
| Price To Sales | 0.53 X | |||
| Revenue | 7.82 B | |||
| Gross Profit | 1.46 B | |||
| EBITDA | 801.54 M | |||
| Net Income | 400.05 M | |||
| Cash And Equivalents | 632.92 M | |||
| Cash Per Share | 11.97 X | |||
| Total Debt | 396 M | |||
| Debt To Equity | 53.80 % | |||
| Current Ratio | 1.47 X | |||
| Book Value Per Share | 44.80 X | |||
| Cash Flow From Operations | 67.65 M | |||
| Earnings Per Share | 7.34 X | |||
| Number Of Employees | 15 | |||
| Beta | 0.97 | |||
| Market Capitalization | 4.75 B | |||
| Total Asset | 7.86 B | |||
| Z Score | 6.6 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 1.42 % | |||
| Net Asset | 7.86 B | |||
| Last Dividend Paid | 3.0 |
About Forcecon Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forcecon Technology Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forcecon Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forcecon Technology 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 Forcecon Technology
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 Forcecon Technology 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 Forcecon Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Forcecon Stock
Moving against Forcecon Stock
| 0.71 | 6510 | Chunghwa Precision Test | PairCorr |
| 0.62 | 2603 | Evergreen Marine Corp | PairCorr |
| 0.53 | 6150 | TUL Corporation | PairCorr |
| 0.51 | 6669 | Wiwynn Corp | PairCorr |
| 0.45 | 2357 | Asustek Computer | PairCorr |
The ability to find closely correlated positions to Forcecon Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forcecon Technology 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 Forcecon Technology - 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 Forcecon Technology Co to buy it.
The correlation of Forcecon Technology 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 Forcecon Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forcecon Technology 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 Forcecon Technology 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 Forcecon Stock Analysis
When running Forcecon Technology's price analysis, check to measure Forcecon Technology'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 Forcecon Technology is operating at the current time. Most of Forcecon Technology's value examination focuses on studying past and present price action to predict the probability of Forcecon Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forcecon Technology's price. Additionally, you may evaluate how the addition of Forcecon Technology to your portfolios can decrease your overall portfolio volatility.