Tes Co Stock Fundamentals
| 095610 Stock | KRW 15,550 150.00 0.97% |
TES Co fundamentals help investors to digest information that contributes to TES Co's financial success or failures. It also enables traders to predict the movement of TES Stock. The fundamental analysis module provides a way to measure TES Co'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 TES Co stock.
TES |
TES Co Company Current Valuation Analysis
TES Co's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current TES Co Current Valuation | 463.31 B |
Most of TES Co's fundamental indicators, such as Current Valuation, 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, TES Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, TES Co has a Current Valuation of 463.31 B. This is much higher than that of the Semiconductors & Semiconductor Equipment sector and significantly higher than that of the Information Technology industry. The current valuation for all Republic of Korea stocks is notably lower than that of the firm.
TES Co Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TES Co's current stock value. Our valuation model uses many indicators to compare TES Co value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TES Co competition to find correlations between indicators driving TES Co's intrinsic value. More Info.TES Co is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.01 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TES Co is roughly 156.49 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TES Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TES Co's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.TES Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TES Co's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TES Co could also be used in its relative valuation, which is a method of valuing TES Co by comparing valuation metrics of similar companies.TES is currently under evaluation in current valuation category among its peers.
TES Fundamentals
| Return On Equity | 20.47 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 463.31 B | |||
| Shares Outstanding | 19.77 M | |||
| Shares Owned By Insiders | 29.26 % | |||
| Shares Owned By Institutions | 11.83 % | |||
| Price To Earning | 22.02 X | |||
| Price To Sales | 0.83 X | |||
| Revenue | 375.19 B | |||
| Gross Profit | 51.61 B | |||
| EBITDA | 68.13 B | |||
| Net Income | 73.99 B | |||
| Cash And Equivalents | (890) | |||
| Debt To Equity | 0.20 % | |||
| Current Ratio | 9.13 X | |||
| Book Value Per Share | 9,626 X | |||
| Cash Flow From Operations | 76.53 B | |||
| Target Price | 29333.0 | |||
| Number Of Employees | 385 | |||
| Beta | 0.99 | |||
| Market Capitalization | 356.38 B | |||
| Total Asset | 336.94 B | |||
| Retained Earnings | 60.38 B | |||
| Working Capital | 61.29 B | |||
| Current Asset | 96.69 B | |||
| Current Liabilities | 35.4 B | |||
| Z Score | 1.0 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 336.94 B | |||
| Last Dividend Paid | 400.0 |
About TES Co Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TES Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TES Co using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TES 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.TES Co., Ltd. manufactures and sells semiconductors, displays, and compound semiconductor equipment. The company was founded in 2002 and is headquartered in Yongin, South Korea. TES is traded on Korean Securities Dealers Automated Quotations in South Korea.
Pair Trading with TES Co
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 TES Co 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 TES Co will appreciate offsetting losses from the drop in the long position's value.Moving together with TES Stock
| 0.78 | 005930 | Samsung Electronics | PairCorr |
| 0.65 | 005935 | Samsung Electronics | PairCorr |
| 0.86 | 034730 | SK Holdings | PairCorr |
| 0.79 | 005490 | POSCO Holdings | PairCorr |
Moving against TES Stock
| 0.77 | 122870 | YG Entertainment | PairCorr |
| 0.72 | 032640 | LG Uplus | PairCorr |
| 0.58 | 012330 | Hyundai Mobis | PairCorr |
| 0.54 | 078160 | MEDIPOST | PairCorr |
| 0.35 | 065660 | AnterogenCoLtd | PairCorr |
The ability to find closely correlated positions to TES Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TES Co 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 TES Co - 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 TES Co to buy it.
The correlation of TES Co 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 TES Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TES Co 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 TES Co 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 TES Stock
TES Co financial ratios help investors to determine whether TES 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 TES with respect to the benefits of owning TES Co security.