Honmyue Enterprise (Taiwan) Performance
| 1474 Stock | TWD 12.85 0.05 0.39% |
Honmyue Enterprise has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0672, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Honmyue Enterprise are expected to decrease at a much lower rate. During the bear market, Honmyue Enterprise is likely to outperform the market. Honmyue Enterprise right now retains a risk of 1.93%. Please check out Honmyue Enterprise semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Honmyue Enterprise will be following its current trending patterns.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Honmyue Enterprise Co are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Honmyue Enterprise is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Begin Period Cash Flow | 734.3 M | |
| Total Cashflows From Investing Activities | -392.5 M |
Honmyue |
Honmyue Enterprise Relative Risk vs. Return Landscape
If you would invest 1,240 in Honmyue Enterprise Co on September 14, 2024 and sell it today you would earn a total of 45.00 from holding Honmyue Enterprise Co or generate 3.63% return on investment over 90 days. Honmyue Enterprise Co is generating 0.0755% of daily returns and assumes 1.925% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Honmyue, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Honmyue Enterprise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Honmyue Enterprise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Honmyue Enterprise Co, and traders can use it to determine the average amount a Honmyue Enterprise's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0392
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Estimated Market Risk
| 1.93 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Honmyue Enterprise is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Honmyue Enterprise by adding it to a well-diversified portfolio.
Honmyue Enterprise Fundamentals Growth
Honmyue Stock prices reflect investors' perceptions of the future prospects and financial health of Honmyue Enterprise, and Honmyue Enterprise fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Honmyue Stock performance.
| Return On Equity | 0.0497 | |||
| Return On Asset | 0.011 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 2.22 B | |||
| Shares Outstanding | 129.9 M | |||
| Price To Earning | 18.11 X | |||
| Price To Book | 0.74 X | |||
| Price To Sales | 0.45 X | |||
| Revenue | 3.5 B | |||
| EBITDA | 305.43 M | |||
| Cash And Equivalents | 731.13 M | |||
| Cash Per Share | 5.63 X | |||
| Total Debt | 521.02 M | |||
| Debt To Equity | 64.40 % | |||
| Book Value Per Share | 16.61 X | |||
| Cash Flow From Operations | 174.65 M | |||
| Earnings Per Share | 0.73 X | |||
| Total Asset | 4.26 B | |||
| Retained Earnings | 533 M | |||
| Current Asset | 1.88 B | |||
| Current Liabilities | 1.25 B | |||
About Honmyue Enterprise Performance
Evaluating Honmyue Enterprise's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Honmyue Enterprise has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Honmyue Enterprise has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Honmyue Enterprise Co., Ltd. operates as a fabric and textile manufacturer in Taiwan. Honmyue Enterprise Co., Ltd. was founded in 1970 and is based in Changhua County, Taiwan. HONMYUE ENTERPRISE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Honmyue Enterprise performance evaluation
Checking the ongoing alerts about Honmyue Enterprise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Honmyue Enterprise help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has NT$521.02 Million in debt which may indicate that it relies heavily on debt financing | |
| About 40.0% of the company shares are owned by insiders or employees |
- Analyzing Honmyue Enterprise's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Honmyue Enterprise's stock is overvalued or undervalued compared to its peers.
- Examining Honmyue Enterprise's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Honmyue Enterprise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Honmyue Enterprise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Honmyue Enterprise's stock. These opinions can provide insight into Honmyue Enterprise's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Honmyue Stock Analysis
When running Honmyue Enterprise's price analysis, check to measure Honmyue Enterprise'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 Honmyue Enterprise is operating at the current time. Most of Honmyue Enterprise's value examination focuses on studying past and present price action to predict the probability of Honmyue Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honmyue Enterprise's price. Additionally, you may evaluate how the addition of Honmyue Enterprise to your portfolios can decrease your overall portfolio volatility.