Mildex Optical Financials
| 4729 Stock | TWD 17.70 0.45 2.61% |
Mildex |
Understanding current and past Mildex Optical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mildex Optical's financial statements are interrelated, with each one affecting the others. For example, an increase in Mildex Optical's assets may result in an increase in income on the income statement.
The data published in Mildex Optical's official financial statements usually reflect Mildex Optical's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Mildex Optical. For example, before you start analyzing numbers published by Mildex accountants, it's critical to develop an understanding of what Mildex Optical's liquidity, profitability, and earnings quality are in the context of the Electronic Equipment, Instruments & Components space in which it operates.
Please note, the presentation of Mildex Optical's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Mildex Optical's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Mildex Optical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mildex Optical. Please utilize our Beneish M Score to check the likelihood of Mildex Optical's management manipulating its earnings.
Mildex Optical Stock Summary
Mildex Optical competes with Nankang Rubber, Daxin Materials, Goldsun Building, Powerchip Semiconductor, and Shih Kuen. Mildex Optical Inc. develops, manufactures, and sells military laptop, tablet PC, GPS, militaryindustrialmedical computers, kiosks, POS, and various other electronic devices in Taiwan. The company was incorporated in 2005 and is based in Kaohsiung, Taiwan. MILDEX OPTICAL operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan OTC Exchange |
| ISIN | TW0004729009 |
| Business Address | No7, Luke 3rd |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | NYSE Composite |
| Website | www.mildex.com.tw |
| Phone | 886 7 695 5699 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Mildex Optical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mildex Stock, because this is throwing your money away. Analyzing the key information contained in Mildex Optical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mildex Optical Key Financial Ratios
Generally speaking, Mildex Optical's financial ratios allow both analysts and investors to convert raw data from Mildex Optical's financial statements into concise, actionable information that can be used to evaluate the performance of Mildex Optical over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Mildex Optical reports annually and quarterly.Mildex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mildex Optical's current stock value. Our valuation model uses many indicators to compare Mildex Optical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mildex Optical competition to find correlations between indicators driving Mildex Optical's intrinsic value. More Info.Mildex Optical 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 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mildex Optical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mildex Optical'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 Mildex Optical's earnings, one of the primary drivers of an investment's value.Mildex Optical Systematic Risk
Mildex Optical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mildex Optical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Mildex Optical correlated with the market. If Beta is less than 0 Mildex Optical generally moves in the opposite direction as compared to the market. If Mildex Optical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mildex Optical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mildex Optical is generally in the same direction as the market. If Beta > 1 Mildex Optical moves generally in the same direction as, but more than the movement of the benchmark.
About Mildex Optical Financials
What exactly are Mildex Optical Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Mildex Optical's income statement, its balance sheet, and the statement of cash flows. Potential Mildex Optical investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Mildex Optical investors may use each financial statement separately, they are all related. The changes in Mildex Optical's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mildex Optical's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Mildex Optical Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Mildex Optical is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Mildex has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Mildex Optical's financials are consistent with your investment objective using the following steps:- Review Mildex Optical's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Mildex Optical's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Mildex Optical's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Mildex Optical's stock is overvalued or undervalued.
Mildex Optical April 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Mildex Optical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mildex Optical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mildex Optical based on widely used predictive technical indicators. In general, we focus on analyzing Mildex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mildex Optical's daily price indicators and compare them against related drivers.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0481 | |||
| Maximum Drawdown | 16.62 | |||
| Value At Risk | (5.62) | |||
| Potential Upside | 9.84 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mildex Optical. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Mildex Stock analysis
When running Mildex Optical's price analysis, check to measure Mildex Optical'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 Mildex Optical is operating at the current time. Most of Mildex Optical's value examination focuses on studying past and present price action to predict the probability of Mildex Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mildex Optical's price. Additionally, you may evaluate how the addition of Mildex Optical to your portfolios can decrease your overall portfolio volatility.
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