Elan Microelectronics Corp Stock Return On Asset

2458 Stock  TWD 163.00  4.00  2.40%   
Elan Microelectronics Corp fundamentals help investors to digest information that contributes to Elan Microelectronics' financial success or failures. It also enables traders to predict the movement of Elan Stock. The fundamental analysis module provides a way to measure Elan Microelectronics' 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 Elan Microelectronics stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Elan Microelectronics Corp Company Return On Asset Analysis

Elan Microelectronics' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Elan Microelectronics Return On Asset

    
  0.16  
Most of Elan Microelectronics' fundamental indicators, such as Return On Asset, 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, Elan Microelectronics Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Elan Microelectronics Corp has a Return On Asset of 0.1598. This is 105.53% lower than that of the Semiconductors & Semiconductor Equipment sector and 93.34% lower than that of the Information Technology industry. The return on asset for all Taiwan stocks is notably lower than that of the firm.

Elan Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elan Microelectronics' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elan Microelectronics could also be used in its relative valuation, which is a method of valuing Elan Microelectronics by comparing valuation metrics of similar companies.
Elan Microelectronics is currently under evaluation in return on asset category among related companies.

Elan Fundamentals

About Elan Microelectronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elan Microelectronics Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elan Microelectronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elan Microelectronics Corp 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Elan Microelectronics Corp. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Elan Stock analysis

When running Elan Microelectronics' price analysis, check to measure Elan Microelectronics' 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 Elan Microelectronics is operating at the current time. Most of Elan Microelectronics' value examination focuses on studying past and present price action to predict the probability of Elan Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elan Microelectronics' price. Additionally, you may evaluate how the addition of Elan Microelectronics to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Elan Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elan Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elan Microelectronics' 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.