Sun Sea Construction Stock Return On Equity
| 5516 Stock | TWD 17.50 0.45 2.51% |
Sun Sea Construction fundamentals help investors to digest information that contributes to Sun Sea's financial success or failures. It also enables traders to predict the movement of Sun Stock. The fundamental analysis module provides a way to measure Sun Sea'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 Sun Sea stock.
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Sun Sea Construction Company Return On Equity Analysis
Sun Sea'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 Sun Sea Return On Equity | 0.2 |
Most of Sun Sea'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, Sun Sea Construction 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, Sun Sea Construction has a Return On Equity of 0.2048. This is 53.45% lower than that of the Industrials sector and 89.86% lower than that of the Engineering & Construction industry. The return on equity for all Taiwan stocks is 166.06% lower than that of the firm.
Sun Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sun Sea'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 Sun Sea could also be used in its relative valuation, which is a method of valuing Sun Sea by comparing valuation metrics of similar companies.Sun Sea is currently under evaluation in return on equity category among its peers.
Sun Fundamentals
| Return On Equity | 0.2 | |||
| Return On Asset | 0.0591 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 1.76 B | |||
| Shares Outstanding | 45.49 M | |||
| Shares Owned By Insiders | 67.52 % | |||
| Price To Earning | 5.56 X | |||
| Price To Book | 1.03 X | |||
| Price To Sales | 0.32 X | |||
| Revenue | 2.26 B | |||
| Gross Profit | 232.8 M | |||
| EBITDA | 180.58 M | |||
| Net Income | 120.48 M | |||
| Cash And Equivalents | 145.92 M | |||
| Cash Per Share | 3.21 X | |||
| Total Debt | 1.45 B | |||
| Debt To Equity | 1.96 % | |||
| Current Ratio | 1.25 X | |||
| Book Value Per Share | 17.21 X | |||
| Cash Flow From Operations | (193.47 M) | |||
| Earnings Per Share | 3.19 X | |||
| Number Of Employees | 190 | |||
| Beta | 0.0131 | |||
| Market Capitalization | 1.09 B | |||
| Total Asset | 2.81 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 2.81 B | |||
| Last Dividend Paid | 0.46 |
About Sun Sea Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sun Sea Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sun Sea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sun Sea Construction 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 Sun Sea
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 Sun Sea 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 Sun Sea will appreciate offsetting losses from the drop in the long position's value.Moving together with Sun Stock
| 0.83 | 9933 | CTCI Corp | PairCorr |
| 0.8 | 3703 | Continental Holdings Corp | PairCorr |
| 0.65 | 2597 | Ruentex Engineering | PairCorr |
Moving against Sun Stock
| 0.92 | 6763 | Green World Fintech | PairCorr |
| 0.83 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.82 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.79 | 0053 | YuantaP shares Taiwan | PairCorr |
| 0.71 | 5536 | Acter | PairCorr |
The ability to find closely correlated positions to Sun Sea could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Sea 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 Sun Sea - 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 Sun Sea Construction to buy it.
The correlation of Sun Sea 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 Sun Sea moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Sea Construction 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 Sun Sea 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 Sun Stock Analysis
When running Sun Sea's price analysis, check to measure Sun Sea'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 Sun Sea is operating at the current time. Most of Sun Sea's value examination focuses on studying past and present price action to predict the probability of Sun Sea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Sea's price. Additionally, you may evaluate how the addition of Sun Sea to your portfolios can decrease your overall portfolio volatility.