Meiloon Industrial Price To Earning vs. Revenue
| 2477 Stock | TWD 29.50 0.05 0.17% |
For Meiloon Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meiloon Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meiloon Industrial Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meiloon Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meiloon Industrial Co over time as well as its relative position and ranking within its peers.
Meiloon |
Meiloon Industrial Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meiloon Industrial's current stock value. Our valuation model uses many indicators to compare Meiloon Industrial value to that of its competitors to determine the firm's financial worth. Meiloon Industrial Co is number one stock in price to earning category among its peers. It also is the top company in revenue category among its peers totaling about 285,583,915 of Revenue per Price To Earning. 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 Meiloon Industrial's earnings, one of the primary drivers of an investment's value.Meiloon Revenue vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Meiloon Industrial |
| = | 13.18 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Meiloon Industrial |
| = | 3.76 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Meiloon Revenue vs Competition
Meiloon Industrial Co is the top company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 28.81 Billion. Meiloon Industrial retains roughly 3.76 Billion in revenue claiming about 13% of stocks in Consumer Discretionary industry.
Meiloon Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meiloon Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meiloon Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Meiloon Industrial's change in net profit over the period of time. It can combine multiple indicators of Meiloon Industrial, 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.
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.
Meiloon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meiloon Industrial. 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 Meiloon Industrial 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 Meiloon Industrial's important profitability drivers and their relationship over time.
Use Meiloon Industrial 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 Meiloon Industrial 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 Meiloon Industrial will appreciate offsetting losses from the drop in the long position's value.Meiloon Industrial Pair Trading
Meiloon Industrial Co Pair Trading Analysis
The ability to find closely correlated positions to Meiloon Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meiloon Industrial 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 Meiloon Industrial - 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 Meiloon Industrial Co to buy it.
The correlation of Meiloon Industrial 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 Meiloon Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meiloon 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 Meiloon Industrial 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 Meiloon Industrial position
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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.