Pontex Polyblend Coltd Stock Fundamentals
| 8935 Stock | TWD 21.85 0.75 3.32% |
Pontex Polyblend CoLtd fundamentals help investors to digest information that contributes to Pontex Polyblend's financial success or failures. It also enables traders to predict the movement of Pontex Stock. The fundamental analysis module provides a way to measure Pontex Polyblend'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 Pontex Polyblend stock.
Pontex |
Pontex Polyblend CoLtd Company Cash Per Share Analysis
Pontex Polyblend'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 Pontex Polyblend Cash Per Share | 1.05 X |
Most of Pontex Polyblend'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, Pontex Polyblend CoLtd 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, Pontex Polyblend CoLtd has a Cash Per Share of 1.05 times. This is 72.3% lower than that of the Consumer Cyclical sector and 39.31% lower than that of the Rubber & Plastics industry. The cash per share for all Taiwan stocks is 79.04% higher than that of the company.
Pontex Polyblend CoLtd Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pontex Polyblend's current stock value. Our valuation model uses many indicators to compare Pontex Polyblend value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pontex Polyblend competition to find correlations between indicators driving Pontex Polyblend's intrinsic value. More Info.Pontex Polyblend CoLtd is number one stock in price to earning category among its peers. It also is number one stock in ebitda category among its peers totaling about 2,319,620 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 Pontex Polyblend's earnings, one of the primary drivers of an investment's value.Pontex Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pontex Polyblend'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 Pontex Polyblend could also be used in its relative valuation, which is a method of valuing Pontex Polyblend by comparing valuation metrics of similar companies.Pontex Polyblend is currently under evaluation in cash per share category among its peers.
Pontex Fundamentals
| Price To Earning | 3.16 X | |||
| EBITDA | 7.33 M | |||
| Net Income | 243.91 M | |||
| Cash And Equivalents | 88.27 M | |||
| Cash Per Share | 1.05 X | |||
| Total Debt | 692.39 M | |||
| Debt To Equity | 86.30 % | |||
| Current Ratio | 1.66 X | |||
| Book Value Per Share | 9.52 X | |||
| Cash Flow From Operations | (172.46 M) | |||
| Earnings Per Share | 2.89 X | |||
| Number Of Employees | 271 | |||
| Beta | 0.38 | |||
| Market Capitalization | 687.89 M |
About Pontex Polyblend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pontex Polyblend CoLtd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pontex Polyblend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pontex Polyblend CoLtd 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.Pontex Polyblend Co., Ltd. engages in footwear injection molding and engineering plastics compound materials businesses in Taiwan. The company was founded in 1982 and is headquartered in Taichung City, Taiwan. PONTEX POLYBLEND operates under Rubber Plastics classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 264 people.
Pair Trading with Pontex Polyblend
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 Pontex Polyblend 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 Pontex Polyblend will appreciate offsetting losses from the drop in the long position's value.Moving against Pontex Stock
| 0.85 | 2891C | CTBC Financial Holding | PairCorr |
| 0.8 | 1321 | Ocean Plastics | PairCorr |
| 0.73 | 4306 | Yem Chio | PairCorr |
| 0.72 | 2888A | Shin Kong Financial Earnings Call Tomorrow | PairCorr |
| 0.64 | 2888 | Shin Kong Financial Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Pontex Polyblend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pontex Polyblend 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 Pontex Polyblend - 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 Pontex Polyblend CoLtd to buy it.
The correlation of Pontex Polyblend 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 Pontex Polyblend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pontex Polyblend CoLtd 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 Pontex Polyblend 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 Pontex Stock Analysis
When running Pontex Polyblend's price analysis, check to measure Pontex Polyblend'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 Pontex Polyblend is operating at the current time. Most of Pontex Polyblend's value examination focuses on studying past and present price action to predict the probability of Pontex Polyblend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pontex Polyblend's price. Additionally, you may evaluate how the addition of Pontex Polyblend to your portfolios can decrease your overall portfolio volatility.