Etrend Hightech Stock Fundamentals
| 3567 Stock | TWD 41.40 0.20 0.48% |
Etrend Hightech fundamentals help investors to digest information that contributes to Etrend Hightech's financial success or failures. It also enables traders to predict the movement of Etrend Stock. The fundamental analysis module provides a way to measure Etrend Hightech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Etrend Hightech stock.
Etrend |
Etrend Hightech Company Current Valuation Analysis
Etrend Hightech's 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.
Current Etrend Hightech Current Valuation | 845.66 M |
Most of Etrend Hightech's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Etrend Hightech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, Etrend Hightech has a Current Valuation of 845.66 M. This is 95.62% lower than that of the Technology sector and 96.47% lower than that of the Semiconductors industry. The current valuation for all Taiwan stocks is 94.91% higher than that of the company.
Etrend Hightech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Etrend Hightech's current stock value. Our valuation model uses many indicators to compare Etrend Hightech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Etrend Hightech competition to find correlations between indicators driving Etrend Hightech's intrinsic value. More Info.Etrend Hightech is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Etrend Hightech is roughly 1.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Etrend Hightech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Etrend Hightech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Etrend Hightech's earnings, one of the primary drivers of an investment's value.Etrend Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Etrend Hightech's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Etrend Hightech could also be used in its relative valuation, which is a method of valuing Etrend Hightech by comparing valuation metrics of similar companies.Etrend Hightech is currently under evaluation in current valuation category among related companies.
Etrend Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 845.66 M | |||
| Shares Outstanding | 33.95 M | |||
| Shares Owned By Insiders | 31.65 % | |||
| Shares Owned By Institutions | 0.29 % | |||
| Price To Earning | 9.76 X | |||
| Price To Book | 1.49 X | |||
| Price To Sales | 2.09 X | |||
| Revenue | 438.04 M | |||
| Gross Profit | 179 M | |||
| EBITDA | 214.74 M | |||
| Net Income | 104.78 M | |||
| Cash And Equivalents | 92.87 M | |||
| Cash Per Share | 2.72 X | |||
| Total Debt | 66.38 M | |||
| Debt To Equity | 0.40 % | |||
| Current Ratio | 2.23 X | |||
| Book Value Per Share | 17.27 X | |||
| Cash Flow From Operations | 190.4 M | |||
| Earnings Per Share | 2.89 X | |||
| Number Of Employees | 147 | |||
| Beta | 0.55 | |||
| Market Capitalization | 932.04 M | |||
| Total Asset | 792.02 M | |||
| Z Score | 8.4 | |||
| Annual Yield | 0.09 % | |||
| Five Year Return | 5.69 % | |||
| Net Asset | 792.02 M | |||
| Last Dividend Paid | 2.6 |
About Etrend Hightech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Etrend Hightech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Etrend Hightech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Etrend Hightech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.ETREND Hightech Corp. provides analog and mixed-signal IC testing services in Taiwan. ETREND Hightech Corp. was founded in 2000 and is based in Hsinchu, Taiwan. ETREND HIGHTECH operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 159 people.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Etrend Hightech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Etrend Stock analysis
When running Etrend Hightech's price analysis, check to measure Etrend Hightech'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 Etrend Hightech is operating at the current time. Most of Etrend Hightech's value examination focuses on studying past and present price action to predict the probability of Etrend Hightech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etrend Hightech's price. Additionally, you may evaluate how the addition of Etrend Hightech to your portfolios can decrease your overall portfolio volatility.
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