Cheng Fwa Industrial Stock Earnings Per Share
| 5426 Stock | TWD 32.80 0.80 2.50% |
Cheng Fwa Industrial fundamentals help investors to digest information that contributes to Cheng Fwa's financial success or failures. It also enables traders to predict the movement of Cheng Stock. The fundamental analysis module provides a way to measure Cheng Fwa'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 Cheng Fwa stock.
Cheng |
Cheng Fwa Industrial Company Earnings Per Share Analysis
Cheng Fwa's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Cheng Fwa Earnings Per Share | 0.72 X |
Most of Cheng Fwa's fundamental indicators, such as Earnings 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, Cheng Fwa Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
According to the company disclosure, Cheng Fwa Industrial has an Earnings Per Share of 0.72 times. This is 68.83% lower than that of the Industrials sector and 30.77% lower than that of the Metal Fabrication industry. The earnings per share for all Taiwan stocks is 76.92% higher than that of the company.
Cheng Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheng Fwa's direct or indirect competition against its Earnings 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 Cheng Fwa could also be used in its relative valuation, which is a method of valuing Cheng Fwa by comparing valuation metrics of similar companies.Cheng Fwa is currently under evaluation in earnings per share category among its peers.
Cheng Fundamentals
| Return On Equity | 0.0513 | |||
| Return On Asset | 0.0094 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.75 B | |||
| Shares Outstanding | 143.8 M | |||
| Shares Owned By Insiders | 46.90 % | |||
| Shares Owned By Institutions | 0.10 % | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 1.07 X | |||
| Revenue | 1.66 B | |||
| Gross Profit | 155.75 M | |||
| EBITDA | (23.43 M) | |||
| Net Income | (88.7 M) | |||
| Book Value Per Share | 14.45 X | |||
| Cash Flow From Operations | (123.17 M) | |||
| Earnings Per Share | 0.72 X | |||
| Number Of Employees | 13 | |||
| Beta | 0.5 | |||
| Market Capitalization | 1.89 B | |||
| Total Asset | 3.15 B | |||
| Net Asset | 3.15 B |
About Cheng Fwa Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cheng Fwa Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Fwa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Fwa Industrial 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 Cheng Fwa
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 Cheng Fwa 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 Cheng Fwa will appreciate offsetting losses from the drop in the long position's value.Moving against Cheng Stock
| 0.82 | 2474 | Catcher Technology | PairCorr |
| 0.63 | 1589 | Yeong Guan Energy | PairCorr |
| 0.6 | 3631 | Chernan Metal Industrial | PairCorr |
| 0.59 | 2211 | Evergreen Steel Corp | PairCorr |
| 0.56 | 1532 | China Metal Products | PairCorr |
The ability to find closely correlated positions to Cheng Fwa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cheng Fwa 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 Cheng Fwa - 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 Cheng Fwa Industrial to buy it.
The correlation of Cheng Fwa 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 Cheng Fwa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cheng Fwa 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 Cheng Fwa 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 Cheng Stock Analysis
When running Cheng Fwa's price analysis, check to measure Cheng Fwa'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 Cheng Fwa is operating at the current time. Most of Cheng Fwa's value examination focuses on studying past and present price action to predict the probability of Cheng Fwa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Fwa's price. Additionally, you may evaluate how the addition of Cheng Fwa to your portfolios can decrease your overall portfolio volatility.