Est Global Apparel Stock Fundamentals
| 4413 Stock | TWD 17.50 1.50 7.89% |
Est Global Apparel fundamentals help investors to digest information that contributes to Est Global's financial success or failures. It also enables traders to predict the movement of Est Stock. The fundamental analysis module provides a way to measure Est Global'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 Est Global stock.
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Est Global Apparel Company Cash Per Share Analysis
Est Global's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Est Global Cash Per Share | 3.68 X |
Most of Est Global's fundamental indicators, such as Cash Per Share, 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, Est Global Apparel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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In accordance with the recently published financial statements, Est Global Apparel has a Cash Per Share of 3.68 times. This is 2.9% lower than that of the Consumer Cyclical sector and 60.0% higher than that of the Textile Manufacturing industry. The cash per share for all Taiwan stocks is 26.55% higher than that of the company.
Est Global Apparel Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Est Global's current stock value. Our valuation model uses many indicators to compare Est Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Est Global competition to find correlations between indicators driving Est Global's intrinsic value. More Info.Est Global Apparel is number one stock in price to earning category among its peers. It is rated second in ebitda category among its peers totaling about 1,556,752 of EBITDA per Price To Earning. 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 Est Global's earnings, one of the primary drivers of an investment's value.Est Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Est Global's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Est Global could also be used in its relative valuation, which is a method of valuing Est Global by comparing valuation metrics of similar companies.Est Global is currently under evaluation in cash per share category among its peers.
Est Fundamentals
| Price To Earning | 12.07 X | |||
| EBITDA | 18.79 M | |||
| Net Income | 29.45 M | |||
| Cash And Equivalents | 116.03 M | |||
| Cash Per Share | 3.68 X | |||
| Total Debt | 2.27 M | |||
| Debt To Equity | 0.70 % | |||
| Current Ratio | 12.42 X | |||
| Book Value Per Share | 9.19 X | |||
| Cash Flow From Operations | (60.79 M) | |||
| Earnings Per Share | 1.02 X | |||
| Number Of Employees | 66 | |||
| Beta | 0.09 | |||
| Market Capitalization | 385.17 M |
About Est Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Est Global Apparel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Est Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Est Global Apparel 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.It provides yoga, functional, seamless, loungewear, denim clothing, and jacket apparel products. ,Ltd was founded in 1987 and is headquartered in Taipei City, Taiwan. EST GLOBAL operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 87 people.
Pair Trading with Est Global
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 Est Global 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 Est Global will appreciate offsetting losses from the drop in the long position's value.Moving against Est Stock
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| 0.33 | 1516 | Falcon Power Split | PairCorr |
The ability to find closely correlated positions to Est Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Est Global 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 Est Global - 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 Est Global Apparel to buy it.
The correlation of Est Global 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 Est Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Est Global Apparel 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 Est Global 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 Est Stock Analysis
When running Est Global's price analysis, check to measure Est Global'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 Est Global is operating at the current time. Most of Est Global's value examination focuses on studying past and present price action to predict the probability of Est Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Est Global's price. Additionally, you may evaluate how the addition of Est Global to your portfolios can decrease your overall portfolio volatility.