Meiloon Industrial (Taiwan) Performance
| 2477 Stock | TWD 33.70 0.95 2.90% |
On a scale of 0 to 100, Meiloon Industrial holds a performance score of 8. The company secures a Beta (Market Risk) of -0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meiloon Industrial are expected to decrease at a much lower rate. During the bear market, Meiloon Industrial is likely to outperform the market. Please check Meiloon Industrial's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Meiloon Industrial's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Meiloon Industrial Co are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Meiloon Industrial showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2 B | |
| Total Cashflows From Investing Activities | 1.6 B | |
| Free Cash Flow | -1.4 B |
Meiloon |
Meiloon Industrial Relative Risk vs. Return Landscape
If you would invest 2,610 in Meiloon Industrial Co on August 26, 2024 and sell it today you would earn a total of 760.00 from holding Meiloon Industrial Co or generate 29.12% return on investment over 90 days. Meiloon Industrial Co is generating 0.4954% of daily returns and assumes 4.452% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than Meiloon, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Meiloon Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meiloon Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Meiloon Industrial Co, and traders can use it to determine the average amount a Meiloon Industrial'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 = 0.1113
| Best Portfolio | Best Equity | |||
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| Small Returns | 2477 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.45 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Meiloon Industrial is performing at about 8% 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 Meiloon Industrial by adding it to a well-diversified portfolio.
Meiloon Industrial Fundamentals Growth
Meiloon Stock prices reflect investors' perceptions of the future prospects and financial health of Meiloon Industrial, and Meiloon Industrial 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 Meiloon Stock performance.
| Return On Equity | 0.0259 | |||
| Return On Asset | 0.0042 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 200.7 M | |||
| Shares Outstanding | 126.86 M | |||
| Price To Earning | 13.18 X | |||
| Price To Book | 0.63 X | |||
| Price To Sales | 0.64 X | |||
| Revenue | 3.76 B | |||
| EBITDA | 2.74 B | |||
| Cash And Equivalents | 2.04 B | |||
| Cash Per Share | 10.31 X | |||
| Total Debt | 1.01 B | |||
| Debt To Equity | 16.90 % | |||
| Book Value Per Share | 26.34 X | |||
| Cash Flow From Operations | (883.68 M) | |||
| Earnings Per Share | 0.81 X | |||
| Total Asset | 9.05 B | |||
| Retained Earnings | 891 M | |||
| Current Asset | 3.2 B | |||
| Current Liabilities | 1.19 B | |||
About Meiloon Industrial Performance
Evaluating Meiloon Industrial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Meiloon Industrial 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 Meiloon Industrial 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.
Meiloon Industrial Co., Ltd. operates as an ODMOEM manufacturer for audio systems and loudspeakers worldwide. The company was founded in 1973 and is based in Taoyuan City, Taiwan. MEILOON INDUSTRIAL operates under Consumer Electronics classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2174 people.Things to note about Meiloon Industrial performance evaluation
Checking the ongoing alerts about Meiloon Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Meiloon Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meiloon Industrial had very high historical volatility over the last 90 days | |
| Meiloon Industrial Co has accumulated about 2.04 B in cash with (883.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.31. | |
| Roughly 52.0% of the company shares are owned by insiders or employees |
- Analyzing Meiloon Industrial'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 Meiloon Industrial's stock is overvalued or undervalued compared to its peers.
- Examining Meiloon Industrial'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 Meiloon Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meiloon Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Meiloon Industrial's stock. These opinions can provide insight into Meiloon Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Meiloon Stock Analysis
When running Meiloon Industrial's price analysis, check to measure Meiloon Industrial'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 Meiloon Industrial is operating at the current time. Most of Meiloon Industrial's value examination focuses on studying past and present price action to predict the probability of Meiloon Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meiloon Industrial's price. Additionally, you may evaluate how the addition of Meiloon Industrial to your portfolios can decrease your overall portfolio volatility.