Cheng Loong Corp Stock Probability Of Bankruptcy
| 1904 Stock | TWD 28.20 0.40 1.40% |
Cheng |
Cheng Loong Corp Company odds of financial turmoil Analysis
Cheng Loong's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Cheng Loong Probability Of Bankruptcy | Less than 9% |
Most of Cheng Loong's fundamental indicators, such as Probability Of Bankruptcy, 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, Cheng Loong Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Cheng Loong probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Cheng Loong odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Cheng Loong Corp financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Cheng Loong Corp has a Probability Of Bankruptcy of 9.0%. This is 79.7% lower than that of the Containers & Packaging sector and 84.32% lower than that of the Materials industry. The probability of bankruptcy for all Taiwan stocks is 77.4% higher than that of the company.
Cheng Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cheng Loong's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cheng Loong could also be used in its relative valuation, which is a method of valuing Cheng Loong by comparing valuation metrics of similar companies.Cheng Loong is currently under evaluation in probability of bankruptcy category among related companies.
Cheng Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0202 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 45.7 B | |||
| Shares Outstanding | 1.11 B | |||
| Shares Owned By Insiders | 30.21 % | |||
| Shares Owned By Institutions | 11.37 % | |||
| Price To Earning | 10.07 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 44.99 B | |||
| Gross Profit | 10.2 B | |||
| EBITDA | 8.06 B | |||
| Net Income | 3.96 B | |||
| Cash And Equivalents | 5.27 B | |||
| Cash Per Share | 4.76 X | |||
| Total Debt | 16.66 B | |||
| Debt To Equity | 98.40 % | |||
| Current Ratio | 1.39 X | |||
| Book Value Per Share | 24.99 X | |||
| Cash Flow From Operations | 3.69 B | |||
| Earnings Per Share | 2.70 X | |||
| Price To Earnings To Growth | (7.74) X | |||
| Target Price | 27.41 | |||
| Number Of Employees | 22 | |||
| Beta | 0.47 | |||
| Market Capitalization | 31.75 B | |||
| Total Asset | 66.44 B | |||
| Retained Earnings | 7.14 B | |||
| Working Capital | 4.17 B | |||
| Current Asset | 21.21 B | |||
| Current Liabilities | 17.04 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 3.79 % | |||
| Net Asset | 66.44 B | |||
| Last Dividend Paid | 1.9 |
About Cheng Loong Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cheng Loong Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cheng Loong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cheng Loong 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cheng Loong in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cheng Loong's short interest history, or implied volatility extrapolated from Cheng Loong options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cheng Loong 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Cheng Stock analysis
When running Cheng Loong's price analysis, check to measure Cheng Loong'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 Cheng Loong is operating at the current time. Most of Cheng Loong's value examination focuses on studying past and present price action to predict the probability of Cheng Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheng Loong's price. Additionally, you may evaluate how the addition of Cheng Loong to your portfolios can decrease your overall portfolio volatility.
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