Iljin Display Stock Return On Equity
| 020760 Stock | 859.00 10.00 1.18% |
Iljin Display fundamentals help investors to digest information that contributes to Iljin Display's financial success or failures. It also enables traders to predict the movement of Iljin Stock. The fundamental analysis module provides a way to measure Iljin Display'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 Iljin Display stock.
Iljin |
Iljin Display Company Return On Equity Analysis
Iljin Display's 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 Iljin Display Return On Equity | -0.56 |
Most of Iljin Display's 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, Iljin Display 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.
| Competition |
Based on the latest financial disclosure, Iljin Display has a Return On Equity of -0.5621. This is 95.33% lower than that of the Technology sector and 95.5% lower than that of the Electronic Components industry. The return on equity for all Republic of Korea stocks is 81.32% higher than that of the company.
Iljin Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Iljin Display's 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 Iljin Display could also be used in its relative valuation, which is a method of valuing Iljin Display by comparing valuation metrics of similar companies.Iljin Display is currently under evaluation in return on equity category among its peers.
Iljin Fundamentals
| Return On Equity | -0.56 | |||
| Return On Asset | -0.0449 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 114.39 B | |||
| Shares Outstanding | 51.45 M | |||
| Shares Owned By Insiders | 43.18 % | |||
| Shares Owned By Institutions | 0.23 % | |||
| Price To Book | 2.07 X | |||
| Price To Sales | 0.55 X | |||
| Revenue | 101.44 B | |||
| Gross Profit | (24.27 B) | |||
| EBITDA | (32.38 B) | |||
| Net Income | (43.67 B) | |||
| Total Debt | 18.45 B | |||
| Cash Flow From Operations | (25.54 B) | |||
| Target Price | 7500.0 | |||
| Number Of Employees | 113 | |||
| Beta | 1.83 | |||
| Market Capitalization | 64.57 B | |||
| Total Asset | 117.46 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 117.46 B | |||
| Last Dividend Paid | 50.0 |
About Iljin Display Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Iljin Display's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iljin Display using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iljin Display 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.
Pair Trading with Iljin Display
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Iljin Display position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Iljin Display will appreciate offsetting losses from the drop in the long position's value.Moving together with Iljin Stock
| 0.8 | 361610 | SK IE Technology | PairCorr |
| 0.82 | 336370 | Solus Advanced Materials | PairCorr |
| 0.76 | 35320K | DAEDUCK ELECTRONICS CoLtd | PairCorr |
Moving against Iljin Stock
The ability to find closely correlated positions to Iljin Display could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iljin Display when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Iljin Display - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iljin Display to buy it.
The correlation of Iljin Display is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iljin Display moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iljin Display moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Iljin Display can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Iljin Stock
Iljin Display financial ratios help investors to determine whether Iljin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Iljin with respect to the benefits of owning Iljin Display security.