Depo Auto Financials

6605 Stock  TWD 220.50  0.50  0.23%   
We urge to utilize Depo Auto Parts fundamental analysis to see if markets are presently undervaluing or overvaluing the company. Put another way, you can exercise it to find out if Depo Auto Parts is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We are able to interpolate and break down thirty-eight available fundamental indicators for Depo Auto Parts, which can be compared to its peers. The stock experiences a normal upward fluctuation. Check odds of Depo Auto to be traded at NT$231.53 in 90 days.
  
Understanding current and past Depo Auto Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Depo Auto's financial statements are interrelated, with each one affecting the others. For example, an increase in Depo Auto's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Depo Auto's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Depo Auto Parts. Check Depo Auto's Beneish M Score to see the likelihood of Depo Auto's management manipulating its earnings.

Depo Auto Stock Summary

Depo Auto competes with Merida Industry, Cheng Shin, Uni President, and Pou Chen. Depo Auto Parts Industrial Co., Ltd. manufactures and sells automotive lighting products worldwide. Depo Auto Parts Industrial Co., Ltd. was founded in 1977 and is based in Taipei, Taiwan. DEPO AUTO operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange.
InstrumentTaiwan Stock View All
ExchangeTaiwan Stock Exchange
ISINTW0006605009
Business AddressNo100, Roosevelt Road,
SectorAuto Components
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.depoautolamp.com
Phone886 2 2363 5566
CurrencyTWD - New Taiwan Dollar
You should never invest in Depo Auto without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Depo Stock, because this is throwing your money away. Analyzing the key information contained in Depo Auto's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Depo Auto Key Financial Ratios

There are many critical financial ratios that Depo Auto's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Depo Auto Parts reports annually and quarterly.

Depo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Depo Auto's current stock value. Our valuation model uses many indicators to compare Depo Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Depo Auto competition to find correlations between indicators driving Depo Auto's intrinsic value. More Info.
Depo Auto Parts is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.30  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Depo Auto Parts is roughly  3.38 . 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 Depo Auto's earnings, one of the primary drivers of an investment's value.

Depo Auto Parts Systematic Risk

Depo Auto's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Depo Auto 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 output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Depo Auto Parts correlated with the market. If Beta is less than 0 Depo Auto generally moves in the opposite direction as compared to the market. If Depo Auto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Depo Auto Parts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Depo Auto is generally in the same direction as the market. If Beta > 1 Depo Auto moves generally in the same direction as, but more than the movement of the benchmark.

Depo Auto December 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Depo Auto help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Depo Auto Parts. We use our internally-developed statistical techniques to arrive at the intrinsic value of Depo Auto Parts based on widely used predictive technical indicators. In general, we focus on analyzing Depo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Depo Auto's daily price indicators and compare them against related drivers.

Additional Tools for Depo Stock Analysis

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