Baotek Industrial Materials Stock Return On Equity
| 5340 Stock | TWD 46.35 0.95 2.09% |
Baotek Industrial Materials fundamentals help investors to digest information that contributes to Baotek Industrial's financial success or failures. It also enables traders to predict the movement of Baotek Stock. The fundamental analysis module provides a way to measure Baotek Industrial'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 Baotek Industrial stock.
Baotek |
Baotek Industrial Materials Company Return On Equity Analysis
Baotek Industrial'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 Baotek Industrial Return On Equity | 0.0491 |
Most of Baotek Industrial'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, Baotek Industrial Materials 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, Baotek Industrial Materials has a Return On Equity of 0.0491. This is 98.64% lower than that of the Consumer Cyclical sector and 99.24% lower than that of the Textile Manufacturing industry. The return on equity for all Taiwan stocks is 115.84% lower than that of the firm.
Baotek Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baotek Industrial'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 Baotek Industrial could also be used in its relative valuation, which is a method of valuing Baotek Industrial by comparing valuation metrics of similar companies.Baotek Industrial is currently under evaluation in return on equity category among its peers.
Baotek Fundamentals
| Return On Equity | 0.0491 | |||
| Return On Asset | 0.02 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 4.74 B | |||
| Shares Outstanding | 194.89 M | |||
| Shares Owned By Insiders | 55.98 % | |||
| Shares Owned By Institutions | 1.06 % | |||
| Price To Book | 2.54 X | |||
| Price To Sales | 3.81 X | |||
| Revenue | 1.4 B | |||
| Gross Profit | 181.31 M | |||
| EBITDA | 177.57 M | |||
| Net Income | 52.95 M | |||
| Book Value Per Share | 9.82 X | |||
| Cash Flow From Operations | 211.68 M | |||
| Earnings Per Share | 0.44 X | |||
| Number Of Employees | 335 | |||
| Beta | 1.43 | |||
| Market Capitalization | 8.75 B | |||
| Total Asset | 2.15 B | |||
| Net Asset | 2.15 B |
About Baotek Industrial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baotek Industrial Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baotek Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baotek Industrial Materials 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 Baotek Industrial
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 Baotek Industrial 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 Baotek Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with Baotek Stock
Moving against Baotek Stock
| 0.57 | 2504 | Goldsun Building Mat | PairCorr |
| 0.44 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.31 | 0057 | Fubon MSCI Taiwan | PairCorr |
The ability to find closely correlated positions to Baotek Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baotek Industrial 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 Baotek Industrial - 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 Baotek Industrial Materials to buy it.
The correlation of Baotek Industrial 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 Baotek Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baotek Industrial 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 Baotek Industrial 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 Baotek Stock Analysis
When running Baotek Industrial's price analysis, check to measure Baotek Industrial'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 Baotek Industrial is operating at the current time. Most of Baotek Industrial's value examination focuses on studying past and present price action to predict the probability of Baotek Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baotek Industrial's price. Additionally, you may evaluate how the addition of Baotek Industrial to your portfolios can decrease your overall portfolio volatility.