Tong Hsing Electronic Stock Fundamentals

6271 Stock  TWD 147.50  1.00  0.68%   
Tong Hsing Electronic fundamentals help investors to digest information that contributes to Tong Hsing's financial success or failures. It also enables traders to predict the movement of Tong Stock. The fundamental analysis module provides a way to measure Tong Hsing'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 Tong Hsing stock.
  
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Tong Hsing Electronic Company Current Valuation Analysis

Tong Hsing'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.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Tong Hsing Current Valuation

    
  32.1 B  
Most of Tong Hsing'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, Tong Hsing Electronic 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.
Competition

In accordance with the recently published financial statements, Tong Hsing Electronic has a Current Valuation of 32.1 B. This is 66.22% higher than that of the Electronic Equipment, Instruments & Components sector and 248.57% higher than that of the Information Technology industry. The current valuation for all Taiwan stocks is 93.12% lower than that of the firm.

Tong Hsing Electronic Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tong Hsing's current stock value. Our valuation model uses many indicators to compare Tong Hsing value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tong Hsing competition to find correlations between indicators driving Tong Hsing's intrinsic value. More Info.
Tong Hsing Electronic 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  0.57  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tong Hsing Electronic is roughly  1.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tong Hsing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tong Hsing'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 Tong Hsing's earnings, one of the primary drivers of an investment's value.

Tong Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tong Hsing'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 Tong Hsing could also be used in its relative valuation, which is a method of valuing Tong Hsing by comparing valuation metrics of similar companies.
Tong Hsing is currently under evaluation in current valuation category among related companies.

Tong Fundamentals

About Tong Hsing Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tong Hsing Electronic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tong Hsing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tong Hsing Electronic 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.
Tong Hsing Electronic Industries, Ltd. develops, manufactures, and sells micro modules and custom semiconductor packages in Taiwan. The company was founded in 1974 and is headquartered in Taipei, Taiwan. TONG HSING is traded on Taiwan Stock Exchange in Taiwan.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tong Hsing Electronic. 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.
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When running Tong Hsing's price analysis, check to measure Tong Hsing'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 Tong Hsing is operating at the current time. Most of Tong Hsing's value examination focuses on studying past and present price action to predict the probability of Tong Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tong Hsing's price. Additionally, you may evaluate how the addition of Tong Hsing to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tong Hsing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tong Hsing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tong Hsing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.