AU Optronics Shares Outstanding vs. EBITDA
| 2409 Stock | TWD 15.80 0.10 0.64% |
For AU Optronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AU Optronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AU Optronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AU Optronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AU Optronics over time as well as its relative position and ranking within its peers.
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AU Optronics EBITDA vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AU Optronics's current stock value. Our valuation model uses many indicators to compare AU Optronics value to that of its competitors to determine the firm's financial worth. AU Optronics is number one stock in shares outstanding category among its peers. It is rated fourth in ebitda category among its peers totaling about 13.37 of EBITDA per Shares Outstanding. 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 AU Optronics' earnings, one of the primary drivers of an investment's value.2409 EBITDA vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
AU Optronics |
| = | 7.65 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.
AU Optronics |
| = | 102.29 B |
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.
2409 EBITDA Comparison
AU Optronics is currently under evaluation in ebitda category among its peers.
AU Optronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AU Optronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AU Optronics will eventually generate negative long term returns. The profitability progress is the general direction of AU Optronics' change in net profit over the period of time. It can combine multiple indicators of AU Optronics, 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.
AU Optronics Corp. designs, develops, manufactures, assembles, and sells thin film transistor liquid crystal displays and other flat panel displays. AU Optronics Corp. was founded in 1996 and is headquartered in Hsinchu, Taiwan. AU OPTRONICS operates under Electronic Finished Products classification in Taiwan and is traded on Taiwan Stock Exchange.
2409 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AU Optronics. 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 AU Optronics 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 AU Optronics' important profitability drivers and their relationship over time.
Use AU Optronics 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 AU Optronics 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 AU Optronics will appreciate offsetting losses from the drop in the long position's value.AU Optronics Pair Trading
AU Optronics Pair Trading Analysis
The ability to find closely correlated positions to AU Optronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AU Optronics 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 AU Optronics - 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 AU Optronics to buy it.
The correlation of AU Optronics 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 AU Optronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AU Optronics 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 AU Optronics 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 AU Optronics position
In addition to having AU Optronics 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
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Additional Tools for 2409 Stock Analysis
When running AU Optronics' price analysis, check to measure AU Optronics' 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 AU Optronics is operating at the current time. Most of AU Optronics' value examination focuses on studying past and present price action to predict the probability of AU Optronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AU Optronics' price. Additionally, you may evaluate how the addition of AU Optronics to your portfolios can decrease your overall portfolio volatility.