Wing Yip Food Stock Return On Equity
| 900340 Stock | 3,370 280.00 9.06% |
Wing Yip Food fundamentals help investors to digest information that contributes to Wing Yip's financial success or failures. It also enables traders to predict the movement of Wing Stock. The fundamental analysis module provides a way to measure Wing Yip'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 Wing Yip stock.
Wing |
Wing Yip Food Company Return On Equity Analysis
Wing Yip'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 Wing Yip Return On Equity | 9.2 |
Most of Wing Yip'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, Wing Yip Food 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.
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Based on the latest financial disclosure, Wing Yip Food has a Return On Equity of 9.2013. This is much higher than that of the Consumer Staples sector and significantly higher than that of the Food Products industry. The return on equity for all Republic of Korea stocks is notably lower than that of the firm.
Wing Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wing Yip'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 Wing Yip could also be used in its relative valuation, which is a method of valuing Wing Yip by comparing valuation metrics of similar companies.Wing Yip is currently under evaluation in return on equity category among its peers.
Wing Fundamentals
| Return On Equity | 9.2 | |||
| Return On Asset | 0.0839 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | (6.57 B) | |||
| Shares Outstanding | 40.41 M | |||
| Shares Owned By Insiders | 47.11 % | |||
| Shares Owned By Institutions | 6.59 % | |||
| Price To Sales | 0.33 X | |||
| Revenue | 864.8 M | |||
| Gross Profit | 40.45 B | |||
| EBITDA | 24 B | |||
| Net Income | 128.07 M | |||
| Cash And Equivalents | 489.16 M | |||
| Total Debt | 15.1 M | |||
| Cash Flow From Operations | 148.86 M | |||
| Number Of Employees | 419 | |||
| Beta | 0.8 | |||
| Market Capitalization | 41.14 B | |||
| Total Asset | 1.05 B | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1.05 B |
About Wing Yip Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Wing Yip Food's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wing Yip using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wing Yip Food 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 Wing Yip
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 Wing Yip 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 Wing Yip will appreciate offsetting losses from the drop in the long position's value.Moving against Wing Stock
| 0.57 | 154030 | Asia Seed CoLtd | PairCorr |
| 0.45 | 103840 | Wooyang | PairCorr |
| 0.43 | 267980 | Maeil Dairies | PairCorr |
| 0.4 | 088910 | Dongwoo Farm To | PairCorr |
The ability to find closely correlated positions to Wing Yip could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wing Yip 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 Wing Yip - 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 Wing Yip Food to buy it.
The correlation of Wing Yip 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 Wing Yip moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wing Yip Food 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 Wing Yip 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 Information and Resources on Investing in Wing Stock
When determining whether Wing Yip Food is a strong investment it is important to analyze Wing Yip's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wing Yip's future performance. For an informed investment choice regarding Wing Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wing Yip Food. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.