Ritek Corp Financials
| 2349 Stock | TWD 15.10 0.35 2.27% |
Ritek |
Understanding current and past Ritek Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ritek Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Ritek Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Ritek Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ritek Corp. Check Ritek Corp's Beneish M Score to see the likelihood of Ritek Corp's management manipulating its earnings.
Ritek Corp Stock Summary
Ritek Corp competes with United Microelectronics, and Winbond Electronics. RITEK Corporation manufactures and markets optical storage media products worldwide. RITEK Corporation was founded in 1988 and is headquartered in Hsinchu City, Taiwan. RITEK CORP operates under Computer Hardware classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002349008 |
| Business Address | Hsinchu Industrial Park, |
| Sector | Technology Hardware, Storage & Peripherals |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.ritek.com |
| Phone | 886 3 598 5696 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Ritek Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Ritek Stock, because this is throwing your money away. Analyzing the key information contained in Ritek Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Ritek Corp Key Financial Ratios
There are many critical financial ratios that Ritek Corp's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Ritek Corp reports annually and quarterly.| Return On Equity | -0.0051 | |||
| Return On Asset | -0.0091 | |||
| Target Price | 9.45 | |||
| Number Of Employees | 26 | |||
| Beta | 0.72 |
Ritek Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ritek Corp's current stock value. Our valuation model uses many indicators to compare Ritek Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ritek Corp competition to find correlations between indicators driving Ritek Corp's intrinsic value. More Info.Ritek Corp is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . 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 Ritek Corp's earnings, one of the primary drivers of an investment's value.Ritek Corp Systematic Risk
Ritek Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ritek Corp 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.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Ritek Corp correlated with the market. If Beta is less than 0 Ritek Corp generally moves in the opposite direction as compared to the market. If Ritek Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ritek Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ritek Corp is generally in the same direction as the market. If Beta > 1 Ritek Corp moves generally in the same direction as, but more than the movement of the benchmark.
Ritek Corp December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ritek Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ritek Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ritek Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ritek Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ritek Corp's daily price indicators and compare them against related drivers.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.42 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 5.59 |
Additional Tools for Ritek Stock Analysis
When running Ritek Corp's price analysis, check to measure Ritek Corp'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 Ritek Corp is operating at the current time. Most of Ritek Corp's value examination focuses on studying past and present price action to predict the probability of Ritek Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ritek Corp's price. Additionally, you may evaluate how the addition of Ritek Corp to your portfolios can decrease your overall portfolio volatility.