Taiwan Hon Chuan Stock Beta
| 9939 Stock | TWD 155.50 0.50 0.32% |
Taiwan Hon Chuan fundamentals help investors to digest information that contributes to Taiwan Hon's financial success or failures. It also enables traders to predict the movement of Taiwan Stock. The fundamental analysis module provides a way to measure Taiwan Hon'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 Taiwan Hon stock.
Taiwan |
Taiwan Hon Chuan Company Beta Analysis
Taiwan Hon's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Taiwan Hon Beta | 0.18 |
Most of Taiwan Hon's fundamental indicators, such as Beta, 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, Taiwan Hon Chuan is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Taiwan Hon Chuan has a Beta of 0.1815. This is 78.39% lower than that of the Containers & Packaging sector and 78.9% lower than that of the Materials industry. The beta for all Taiwan stocks is notably lower than that of the firm.
Taiwan Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taiwan Hon's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taiwan Hon could also be used in its relative valuation, which is a method of valuing Taiwan Hon by comparing valuation metrics of similar companies.Taiwan Hon is currently under evaluation in beta category among related companies.
As returns on the market increase, Taiwan Hon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Taiwan Hon is expected to be smaller as well.
Taiwan Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0517 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 36.96 B | |||
| Shares Outstanding | 287.79 M | |||
| Shares Owned By Insiders | 10.20 % | |||
| Shares Owned By Institutions | 18.40 % | |||
| Price To Earning | 14.44 X | |||
| Price To Book | 1.62 X | |||
| Price To Sales | 1.04 X | |||
| Revenue | 21.38 B | |||
| Gross Profit | 4.91 B | |||
| EBITDA | 5.13 B | |||
| Net Income | 1.96 B | |||
| Cash And Equivalents | 4.18 B | |||
| Cash Per Share | 14.53 X | |||
| Total Debt | 10.92 B | |||
| Debt To Equity | 1.09 % | |||
| Current Ratio | 1.16 X | |||
| Book Value Per Share | 52.65 X | |||
| Cash Flow From Operations | 3.61 B | |||
| Earnings Per Share | 7.75 X | |||
| Target Price | 97.5 | |||
| Number Of Employees | 37 | |||
| Beta | 0.18 | |||
| Market Capitalization | 26.39 B | |||
| Total Asset | 33.54 B | |||
| Retained Earnings | 4.83 B | |||
| Working Capital | (598 M) | |||
| Current Asset | 8.16 B | |||
| Current Liabilities | 8.76 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 4.75 % | |||
| Net Asset | 33.54 B | |||
| Last Dividend Paid | 4.3 |
About Taiwan Hon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taiwan Hon Chuan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taiwan Hon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taiwan Hon Chuan 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiwan Hon Chuan. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Taiwan Stock analysis
When running Taiwan Hon's price analysis, check to measure Taiwan Hon'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 Taiwan Hon is operating at the current time. Most of Taiwan Hon's value examination focuses on studying past and present price action to predict the probability of Taiwan Hon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Hon's price. Additionally, you may evaluate how the addition of Taiwan Hon to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |