Ton Yi Price To Book vs. Return On Equity
| 9907 Stock | TWD 15.65 0.10 0.64% |
For Ton Yi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ton Yi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ton Yi Industrial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ton Yi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ton Yi Industrial over time as well as its relative position and ranking within its peers.
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Ton Yi Industrial Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ton Yi's current stock value. Our valuation model uses many indicators to compare Ton Yi value to that of its competitors to determine the firm's financial worth. Ton Yi Industrial is number one stock in price to book category among its peers. It also is number one stock in return on equity category among its peers reporting about 0.10 of Return On Equity per Price To Book. The ratio of Price To Book to Return On Equity for Ton Yi Industrial is roughly 10.25 . 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 Ton Yi's earnings, one of the primary drivers of an investment's value.Ton Return On Equity vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 1.29 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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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| = | 0.13 |
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.
Ton Return On Equity Comparison
Ton Yi is currently under evaluation in return on equity category among its peers.
Ton Yi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ton Yi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ton Yi will eventually generate negative long term returns. The profitability progress is the general direction of Ton Yi's change in net profit over the period of time. It can combine multiple indicators of Ton Yi, 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.
Ton Yi Industrial Corp. engages in the manufacturing, processing, and sale of various steel cans and tin plates in Taiwan, Mainland China, and internationally. Ton Yi Industrial Corp. is a subsidiary of Uni-President Enterprises Corp. TON YI operates under Packaging Containers classification in Taiwan and is traded on Taiwan Stock Exchange.
Ton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ton Yi. 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 Ton Yi 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 Ton Yi's important profitability drivers and their relationship over time.
Use Ton Yi 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 Ton Yi 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 Ton Yi will appreciate offsetting losses from the drop in the long position's value.Ton Yi Pair Trading
Ton Yi Industrial Pair Trading Analysis
The ability to find closely correlated positions to Ton Yi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ton Yi 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 Ton Yi - 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 Ton Yi Industrial to buy it.
The correlation of Ton Yi 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 Ton Yi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ton Yi 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 Ton Yi 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 Ton Yi position
In addition to having Ton Yi 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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Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 38 constituents at this time.
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Additional Tools for Ton Stock Analysis
When running Ton Yi's price analysis, check to measure Ton Yi'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 Ton Yi is operating at the current time. Most of Ton Yi's value examination focuses on studying past and present price action to predict the probability of Ton Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ton Yi's price. Additionally, you may evaluate how the addition of Ton Yi to your portfolios can decrease your overall portfolio volatility.