Plastec Technologies Stock Fundamentals
| PLTYF Stock | USD 0.02 0.00 0.00% |
Fundamental analysis of Plastec Technologies allows traders to better anticipate movements in Plastec Technologies' stock price by examining its financial health and performance throughout various phases of its business cycle.
Plastec |
Plastec Technologies Company Return On Equity Analysis
Plastec Technologies' 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 Plastec Technologies Return On Equity | -0.0251 |
Most of Plastec Technologies' 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, Plastec Technologies 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, Plastec Technologies has a Return On Equity of -0.0251. This is 101.73% lower than that of the Chemicals sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is 91.9% lower than that of the firm.
Plastec Technologies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Plastec Technologies's current stock value. Our valuation model uses many indicators to compare Plastec Technologies value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Plastec Technologies competition to find correlations between indicators driving Plastec Technologies's intrinsic value. More Info.Plastec Technologies is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 Plastec Technologies' earnings, one of the primary drivers of an investment's value.Plastec Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plastec Technologies' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Plastec Technologies could also be used in its relative valuation, which is a method of valuing Plastec Technologies by comparing valuation metrics of similar companies.Plastec Technologies is currently under evaluation in return on equity category among its peers.
Plastec Fundamentals
| Return On Equity | -0.0251 | |||
| Return On Asset | -0.0113 | |||
| Current Valuation | 14.66 M | |||
| Shares Outstanding | 12.94 M | |||
| Shares Owned By Insiders | 88.04 % | |||
| Price To Earning | 12.40 X | |||
| Price To Book | 2.39 X | |||
| EBITDA | (1.99 M) | |||
| Net Income | (3 M) | |||
| Cash And Equivalents | 100.67 M | |||
| Cash Per Share | 7.78 X | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 8.01 X | |||
| Book Value Per Share | 6.84 X | |||
| Cash Flow From Operations | (3.23 M) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | -0.19 | |||
| Market Capitalization | 27.04 M | |||
| Total Asset | 102.3 M | |||
| Retained Earnings | 117.02 M | |||
| Working Capital | 73.85 M | |||
| Current Asset | 120.58 M | |||
| Current Liabilities | 46.73 M | |||
| Z Score | 1.4 | |||
| Annual Yield | 0.59 % | |||
| Net Asset | 102.3 M |
About Plastec Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plastec Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plastec Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plastec Technologies 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.Plastec Technologies, Ltd. does not have significant business operations. The company was founded in 1993 and is based in Kwun Tong, Hong Kong. Plastec Technologies is traded on OTC Exchange in the United States.
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Other Information on Investing in Plastec Pink Sheet
Plastec Technologies financial ratios help investors to determine whether Plastec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Plastec with respect to the benefits of owning Plastec Technologies security.