Excelsior Medical Net Income vs. Current Valuation
| 4104 Stock | TWD 86.70 0.30 0.34% |
For Excelsior Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Excelsior Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Excelsior Medical Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Excelsior Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Excelsior Medical Co over time as well as its relative position and ranking within its peers.
Excelsior |
Excelsior Medical Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Excelsior Medical's current stock value. Our valuation model uses many indicators to compare Excelsior Medical value to that of its competitors to determine the firm's financial worth. Excelsior Medical Co is rated second in net income category among its peers. It is rated third in current valuation category among its peers reporting about 12.00 of Current Valuation per Net Income. 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 Excelsior Medical's earnings, one of the primary drivers of an investment's value.Excelsior Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Excelsior Medical |
| = | 607.15 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Excelsior Medical |
| = | 7.28 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.
Excelsior Current Valuation vs Competition
Excelsior Medical Co is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 38.87 Billion. Excelsior Medical retains roughly 7.28 Billion in current valuation claiming about 19% of equities under Health Care industry.
Excelsior Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Excelsior Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Excelsior Medical will eventually generate negative long term returns. The profitability progress is the general direction of Excelsior Medical's change in net profit over the period of time. It can combine multiple indicators of Excelsior Medical, 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.
Excelsior Medical Co., Ltd. distributes medical related systems in Taiwan, China, Japan, Korea, Malaysia, and the Philippines. The company was founded in 1988 and is based in New Taipei City, Taiwan. EXCELSIOR MEDICAL operates under Medical Devices classification in Taiwan and is traded on Taiwan Stock Exchange.
Excelsior Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Excelsior Medical. 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 Excelsior Medical 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 Excelsior Medical's important profitability drivers and their relationship over time.
Use Excelsior Medical 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 Excelsior Medical 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 Excelsior Medical will appreciate offsetting losses from the drop in the long position's value.Excelsior Medical Pair Trading
Excelsior Medical Co Pair Trading Analysis
The ability to find closely correlated positions to Excelsior Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Excelsior Medical 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 Excelsior Medical - 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 Excelsior Medical Co to buy it.
The correlation of Excelsior Medical 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 Excelsior Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior Medical 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 Excelsior Medical 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 Excelsior Medical position
In addition to having Excelsior Medical 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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Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 40 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Excelsior Stock Analysis
When running Excelsior Medical's price analysis, check to measure Excelsior Medical'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 Excelsior Medical is operating at the current time. Most of Excelsior Medical's value examination focuses on studying past and present price action to predict the probability of Excelsior Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Excelsior Medical's price. Additionally, you may evaluate how the addition of Excelsior Medical to your portfolios can decrease your overall portfolio volatility.