Itm Semiconductor Co Stock Return On Asset
| 084850 Stock | KRW 14,100 100.00 0.71% |
ITM Semiconductor Co fundamentals help investors to digest information that contributes to ITM Semiconductor's financial success or failures. It also enables traders to predict the movement of ITM Stock. The fundamental analysis module provides a way to measure ITM Semiconductor'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 ITM Semiconductor stock.
ITM |
ITM Semiconductor Co Company Return On Asset Analysis
ITM Semiconductor's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, ITM Semiconductor Co has a Return On Asset of 0.0. This is 100.0% lower than that of the Technology sector and about the same as Semiconductors & Semiconductor Equipment (which currently averages 0.0) industry. The return on asset for all Republic of Korea stocks is 100.0% lower than that of the firm.
ITM Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ITM Semiconductor's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ITM Semiconductor could also be used in its relative valuation, which is a method of valuing ITM Semiconductor by comparing valuation metrics of similar companies.ITM Semiconductor is currently under evaluation in return on asset category among its peers.
ITM Fundamentals
| Return On Equity | 2.78 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 702.24 B | |||
| Shares Owned By Insiders | 65.62 % | |||
| Shares Owned By Institutions | 4.50 % | |||
| Revenue | 512.51 B | |||
| Gross Profit | 75.92 B | |||
| EBITDA | 42.13 B | |||
| Net Income | 6.25 B | |||
| Cash And Equivalents | 32.98 B | |||
| Total Debt | 61.06 B | |||
| Debt To Equity | 1.14 % | |||
| Current Ratio | 0.80 X | |||
| Cash Flow From Operations | (2.28 B) | |||
| Earnings Per Share | 804.00 X | |||
| Target Price | 40000.0 | |||
| Market Capitalization | 637.25 B | |||
| Total Asset | 606.83 B | |||
| Z Score | 6.0 | |||
| Net Asset | 606.83 B |
About ITM Semiconductor Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ITM Semiconductor Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ITM Semiconductor using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ITM Semiconductor Co 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 ITM Semiconductor
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 ITM Semiconductor 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 ITM Semiconductor will appreciate offsetting losses from the drop in the long position's value.Moving together with ITM Stock
| 0.74 | 108320 | LX Semicon | PairCorr |
| 0.89 | 064760 | Tokai Carbon Korea | PairCorr |
| 0.68 | 137400 | People Technology | PairCorr |
| 0.85 | 166090 | Hana Materials | PairCorr |
The ability to find closely correlated positions to ITM Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ITM Semiconductor 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 ITM Semiconductor - 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 ITM Semiconductor Co to buy it.
The correlation of ITM Semiconductor 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 ITM Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ITM Semiconductor 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 ITM Semiconductor 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 ITM Stock
ITM Semiconductor financial ratios help investors to determine whether ITM 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 ITM with respect to the benefits of owning ITM Semiconductor security.