Tsang Yow EBITDA vs. Current Valuation
| 1568 Stock | TWD 27.90 0.20 0.71% |
For Tsang Yow profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tsang Yow to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tsang Yow Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tsang Yow's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tsang Yow Industrial over time as well as its relative position and ranking within its peers.
Tsang |
Tsang Yow Industrial Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tsang Yow's current stock value. Our valuation model uses many indicators to compare Tsang Yow value to that of its competitors to determine the firm's financial worth. Tsang Yow Industrial is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers reporting about 14.95 of Current Valuation per EBITDA. 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 Tsang Yow's earnings, one of the primary drivers of an investment's value.Tsang Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Tsang Yow |
| = | 194.09 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tsang Yow |
| = | 2.9 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Tsang Current Valuation vs Competition
Tsang Yow Industrial is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Auto Parts industry is presently estimated at about 45.54 Billion. Tsang Yow holds roughly 2.9 Billion in current valuation claiming about 6% of stocks in Auto Parts industry.
Tsang Yow Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tsang Yow, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tsang Yow will eventually generate negative long term returns. The profitability progress is the general direction of Tsang Yow's change in net profit over the period of time. It can combine multiple indicators of Tsang Yow, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tsang Yow Industrial Co., Ltd. manufactures and supplies transmission system components worldwide. The company was founded in 1985 and is based in Chiayi, Taiwan. TSANG YOW operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
Tsang Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tsang Yow. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tsang Yow position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tsang Yow's important profitability drivers and their relationship over time.
Use Tsang Yow in pair-trading
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 Tsang Yow 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 Tsang Yow will appreciate offsetting losses from the drop in the long position's value.Tsang Yow Pair Trading
Tsang Yow Industrial Pair Trading Analysis
The ability to find closely correlated positions to Tsang Yow could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsang Yow 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 Tsang Yow - 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 Tsang Yow Industrial to buy it.
The correlation of Tsang Yow 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 Tsang Yow moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsang Yow Industrial 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 Tsang Yow 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.Use Investing Themes to Complement your Tsang Yow position
In addition to having Tsang Yow in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Education Theme or any other thematic opportunities.
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Additional Tools for Tsang Stock Analysis
When running Tsang Yow's price analysis, check to measure Tsang Yow'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 Tsang Yow is operating at the current time. Most of Tsang Yow's value examination focuses on studying past and present price action to predict the probability of Tsang Yow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tsang Yow's price. Additionally, you may evaluate how the addition of Tsang Yow to your portfolios can decrease your overall portfolio volatility.