ALFORMER Industrial Debt To Equity vs. Cash Per Share
| 4558 Stock | TWD 37.70 1.65 4.19% |
For ALFORMER Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ALFORMER Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ALFORMER Industrial Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ALFORMER Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ALFORMER Industrial Co over time as well as its relative position and ranking within its peers.
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ALFORMER Industrial Cash Per Share vs. Debt To Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ALFORMER Industrial's current stock value. Our valuation model uses many indicators to compare ALFORMER Industrial value to that of its competitors to determine the firm's financial worth. ALFORMER Industrial Co is number one stock in debt to equity category among its peers. It also is number one stock in cash per share category among its peers fabricating about 0.03 of Cash Per Share per Debt To Equity. The ratio of Debt To Equity to Cash Per Share for ALFORMER Industrial Co is roughly 39.74 . 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 ALFORMER Industrial's earnings, one of the primary drivers of an investment's value.ALFORMER Cash Per Share vs. Debt To Equity
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
ALFORMER Industrial |
| = | 107.70 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
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.
ALFORMER Industrial |
| = | 2.71 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.
ALFORMER Cash Per Share Comparison
ALFORMER Industrial is currently under evaluation in cash per share category among its peers.
ALFORMER Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ALFORMER Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ALFORMER Industrial will eventually generate negative long term returns. The profitability progress is the general direction of ALFORMER Industrial's change in net profit over the period of time. It can combine multiple indicators of ALFORMER 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.
ALFORMER Industrial Co., Ltd. produces and processes aluminum products in Taiwan. ALFORMER Industrial Co., Ltd. was founded in 1997 and is based in Changhua County, Taiwan. ALFORMER INDUSTRIAL operates under Aluminum classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 294 people.
ALFORMER Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ALFORMER 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 ALFORMER 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 ALFORMER Industrial's important profitability drivers and their relationship over time.
Use ALFORMER 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 ALFORMER 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 ALFORMER Industrial will appreciate offsetting losses from the drop in the long position's value.ALFORMER Industrial Pair Trading
ALFORMER Industrial Co Pair Trading Analysis
The ability to find closely correlated positions to ALFORMER 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 ALFORMER 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 ALFORMER 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 ALFORMER Industrial Co to buy it.
The correlation of ALFORMER 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 ALFORMER Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ALFORMER 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 ALFORMER 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 ALFORMER Industrial position
In addition to having ALFORMER Industrial 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 ALFORMER Stock Analysis
When running ALFORMER Industrial's price analysis, check to measure ALFORMER 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 ALFORMER Industrial is operating at the current time. Most of ALFORMER Industrial's value examination focuses on studying past and present price action to predict the probability of ALFORMER 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 ALFORMER Industrial's price. Additionally, you may evaluate how the addition of ALFORMER Industrial to your portfolios can decrease your overall portfolio volatility.