Radiant Innovation Stock Return On Equity

3373 Stock  TWD 24.20  0.00  0.00%   
Radiant Innovation fundamentals help investors to digest information that contributes to Radiant Innovation's financial success or failures. It also enables traders to predict the movement of Radiant Stock. The fundamental analysis module provides a way to measure Radiant Innovation'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 Radiant Innovation 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.

Radiant Innovation Company Return On Equity Analysis

Radiant Innovation's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Radiant Innovation Return On Equity

    
  0.0417  
Most of Radiant Innovation's fundamental indicators, such as Return On Equity, 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, Radiant Innovation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Radiant Innovation has a Return On Equity of 0.0417. This is 100.17% lower than that of the Healthcare sector and 100.48% lower than that of the Medical Devices industry. The return on equity for all Taiwan stocks is 113.45% lower than that of the firm.

Radiant Return On Equity Peer Comparison

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

Radiant Fundamentals

About Radiant Innovation Fundamental Analysis

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

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Additional Tools for Radiant Stock Analysis

When running Radiant Innovation's price analysis, check to measure Radiant Innovation'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 Radiant Innovation is operating at the current time. Most of Radiant Innovation's value examination focuses on studying past and present price action to predict the probability of Radiant Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Innovation's price. Additionally, you may evaluate how the addition of Radiant Innovation to your portfolios can decrease your overall portfolio volatility.