Formosa Electronic (Taiwan) Performance
| 8171 Stock | TWD 43.30 1.50 3.59% |
On a scale of 0 to 100, Formosa Electronic holds a performance score of 12. The firm shows a Beta (market volatility) of -0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Formosa Electronic are expected to decrease at a much lower rate. During the bear market, Formosa Electronic is likely to outperform the market. Please check Formosa Electronic's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Formosa Electronic's price patterns will revert.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Formosa Electronic Industries are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Formosa Electronic showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 261.2 M | |
| Total Cashflows From Investing Activities | -58.7 M |
Formosa |
Formosa Electronic Relative Risk vs. Return Landscape
If you would invest 3,275 in Formosa Electronic Industries on September 6, 2024 and sell it today you would earn a total of 1,055 from holding Formosa Electronic Industries or generate 32.21% return on investment over 90 days. Formosa Electronic Industries is generating 0.4955% of daily returns and assumes 3.2516% volatility on return distribution over the 90 days horizon. Simply put, 28% of stocks are less volatile than Formosa, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Formosa Electronic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Formosa Electronic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Formosa Electronic Industries, and traders can use it to determine the average amount a Formosa Electronic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1524
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 8171 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Formosa Electronic is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Formosa Electronic by adding it to a well-diversified portfolio.
Formosa Electronic Fundamentals Growth
Formosa Stock prices reflect investors' perceptions of the future prospects and financial health of Formosa Electronic, and Formosa Electronic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Formosa Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0061 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 2.54 B | |||
| Shares Outstanding | 66.72 M | |||
| Price To Book | 2.46 X | |||
| Price To Sales | 2.62 X | |||
| Revenue | 905.57 M | |||
| EBITDA | (49.99 M) | |||
| Cash And Equivalents | 204.02 M | |||
| Cash Per Share | 4.02 X | |||
| Total Debt | 386.15 M | |||
| Debt To Equity | 49.30 % | |||
| Book Value Per Share | 19.00 X | |||
| Cash Flow From Operations | (232.91 M) | |||
| Earnings Per Share | 1.77 X | |||
| Total Asset | 1.62 B | |||
About Formosa Electronic Performance
Evaluating Formosa Electronic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Formosa Electronic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Formosa Electronic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Formosa Electronic Industries Inc. manufactures and sells accessories for cellular and cordless phones, notebook computers, camcorders, and digital cameras worldwide. The company was founded in 1983 and is based in Taipei Hsien, Taiwan. FORMOSA ELECTRONIC is traded on Taiwan OTC Exchange in Taiwan.Things to note about Formosa Electronic performance evaluation
Checking the ongoing alerts about Formosa Electronic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Formosa Electronic help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Formosa Electronic had very high historical volatility over the last 90 days | |
| The company reported the revenue of 905.57 M. Net Loss for the year was (68.18 M) with profit before overhead, payroll, taxes, and interest of 51.36 M. | |
| Formosa Electronic Industries has accumulated about 204.02 M in cash with (232.91 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.02. | |
| Roughly 31.0% of the company shares are owned by insiders or employees |
- Analyzing Formosa Electronic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Formosa Electronic's stock is overvalued or undervalued compared to its peers.
- Examining Formosa Electronic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Formosa Electronic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Formosa Electronic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Formosa Electronic's stock. These opinions can provide insight into Formosa Electronic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Formosa Stock Analysis
When running Formosa Electronic's price analysis, check to measure Formosa Electronic'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 Formosa Electronic is operating at the current time. Most of Formosa Electronic's value examination focuses on studying past and present price action to predict the probability of Formosa Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Electronic's price. Additionally, you may evaluate how the addition of Formosa Electronic to your portfolios can decrease your overall portfolio volatility.