Lingsen Precision Return On Equity vs. Cash Per Share
| 2369 Stock | TWD 18.05 0.35 1.98% |
For Lingsen Precision profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lingsen Precision to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lingsen Precision Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lingsen Precision's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lingsen Precision Industries over time as well as its relative position and ranking within its peers.
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Lingsen Precision Cash Per Share vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lingsen Precision's current stock value. Our valuation model uses many indicators to compare Lingsen Precision value to that of its competitors to determine the firm's financial worth. Lingsen Precision Industries is rated third in return on equity category among its peers. It also is rated third in cash per share category among its peers fabricating about 50.12 of Cash Per Share per Return On Equity. 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 Lingsen Precision's earnings, one of the primary drivers of an investment's value.Lingsen Cash Per Share vs. Return On Equity
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.
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| = | 0.0864 |
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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 4.33 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Lingsen Cash Per Share Comparison
Lingsen Precision is currently under evaluation in cash per share category among its peers.
Lingsen Precision Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lingsen Precision, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lingsen Precision will eventually generate negative long term returns. The profitability progress is the general direction of Lingsen Precision's change in net profit over the period of time. It can combine multiple indicators of Lingsen Precision, 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.
Lingsen Precision Industries, Ltd. operates in semiconductor industry in Taiwan, the United States, Europe, Japan, and China. The company was founded in 1970 and is based in Taichung, Taiwan. LINGSEN PRECISION operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange.
Lingsen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lingsen Precision. 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 Lingsen Precision 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 Lingsen Precision's important profitability drivers and their relationship over time.
Use Lingsen Precision 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 Lingsen Precision 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 Lingsen Precision will appreciate offsetting losses from the drop in the long position's value.Lingsen Precision Pair Trading
Lingsen Precision Industries Pair Trading Analysis
The ability to find closely correlated positions to Lingsen Precision could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lingsen Precision 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 Lingsen Precision - 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 Lingsen Precision Industries to buy it.
The correlation of Lingsen Precision 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 Lingsen Precision moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lingsen Precision 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 Lingsen Precision 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 Lingsen Precision position
In addition to having Lingsen Precision 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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Additional Tools for Lingsen Stock Analysis
When running Lingsen Precision's price analysis, check to measure Lingsen Precision'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 Lingsen Precision is operating at the current time. Most of Lingsen Precision's value examination focuses on studying past and present price action to predict the probability of Lingsen Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lingsen Precision's price. Additionally, you may evaluate how the addition of Lingsen Precision to your portfolios can decrease your overall portfolio volatility.