Taitron Components Incorporated Stock Fundamentals
| TAIT Stock | USD 3.18 0.02 0.63% |
Taitron Components Incorporated fundamentals help investors to digest information that contributes to Taitron Components' financial success or failures. It also enables traders to predict the movement of Taitron Stock. The fundamental analysis module provides a way to measure Taitron Components' 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 Taitron Components stock.
At this time, Taitron Components' Net Income From Continuing Ops is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 328.4 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024. Taitron | Select Account or Indicator |
Taitron Components Incorporated Company Return On Equity Analysis
Taitron Components' 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.
Current Taitron Components Return On Equity | 0.11 |
Most of Taitron Components' 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, Taitron Components Incorporated 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.
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Taitron Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Taitron Components Incorporated has a Return On Equity of 0.1119. This is 100.93% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The return on equity for all United States stocks is 136.1% lower than that of the firm.
Taitron Components Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Taitron Components's current stock value. Our valuation model uses many indicators to compare Taitron Components value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Taitron Components competition to find correlations between indicators driving Taitron Components's intrinsic value. More Info.Taitron Components Incorporated is rated second in return on equity category among related companies. It is rated third in return on asset category among related companies reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Taitron Components Incorporated is roughly 2.62 . At this time, Taitron Components' Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Taitron Components by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taitron Components' 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 Taitron Components' earnings, one of the primary drivers of an investment's value.Taitron Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taitron Components' 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 Taitron Components could also be used in its relative valuation, which is a method of valuing Taitron Components by comparing valuation metrics of similar companies.Taitron Components is currently under evaluation in return on equity category among related companies.
Taitron Components Current Valuation Drivers
We derive many important indicators used in calculating different scores of Taitron Components from analyzing Taitron Components' financial statements. These drivers represent accounts that assess Taitron Components' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Taitron Components' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.3M | 18.8M | 23.5M | 20.9M | 21.2M | 22.3M | |
| Enterprise Value | 10.9M | 12.4M | 17.6M | 15.6M | 15.0M | 14.1M |
Taitron Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0427 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 9.25 M | ||||
| Shares Outstanding | 5.26 M | ||||
| Shares Owned By Insiders | 40.21 % | ||||
| Shares Owned By Institutions | 20.71 % | ||||
| Number Of Shares Shorted | 594 | ||||
| Price To Earning | 16.14 X | ||||
| Price To Book | 1.14 X | ||||
| Price To Sales | 3.13 X | ||||
| Revenue | 6.11 M | ||||
| Gross Profit | 4.12 M | ||||
| EBITDA | 1.37 M | ||||
| Net Income | 1.84 M | ||||
| Cash And Equivalents | 5.92 M | ||||
| Cash Per Share | 0.99 X | ||||
| Total Debt | 163 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 11.25 X | ||||
| Book Value Per Share | 2.80 X | ||||
| Cash Flow From Operations | 3.15 M | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | 0.31 X | ||||
| Number Of Employees | 15 | ||||
| Beta | 0.72 | ||||
| Market Capitalization | 19.03 M | ||||
| Total Asset | 18.14 M | ||||
| Retained Earnings | 5.42 M | ||||
| Working Capital | 11.64 M | ||||
| Current Asset | 13.16 M | ||||
| Current Liabilities | 1.84 M | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 4.84 % | ||||
| Net Asset | 18.14 M | ||||
| Last Dividend Paid | 0.2 |
About Taitron Components Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Taitron Components Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taitron Components using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taitron Components Incorporated 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -1.4 M | -1.4 M | |
| Total Revenue | 6.1 M | 10.8 M | |
| Cost Of Revenue | 2.7 M | 2.5 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.24 | 0.25 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.04) | (0.03) | |
| Revenue Per Share | 1.02 | 0.97 | |
| Ebit Per Revenue | 0.20 | 0.21 |
Currently Active Assets on Macroaxis
When determining whether Taitron Components is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Taitron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Taitron Components Incorporated Stock. Highlighted below are key reports to facilitate an investment decision about Taitron Components Incorporated Stock:Check out Taitron Components Piotroski F Score and Taitron Components Altman Z Score analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Taitron Stock analysis
When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.
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Is Taitron Components' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taitron Components. If investors know Taitron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taitron Components listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.41 | Dividend Share 0.2 | Earnings Share 0.31 | Revenue Per Share 1.017 | Quarterly Revenue Growth (0.46) |
The market value of Taitron Components is measured differently than its book value, which is the value of Taitron that is recorded on the company's balance sheet. Investors also form their own opinion of Taitron Components' value that differs from its market value or its book value, called intrinsic value, which is Taitron Components' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taitron Components' market value can be influenced by many factors that don't directly affect Taitron Components' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taitron Components' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taitron Components is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taitron Components' 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.