Tong Yang Industry Stock Return On Equity

1319 Stock  TWD 110.50  0.50  0.45%   
Tong Yang Industry fundamentals help investors to digest information that contributes to Tong Yang's financial success or failures. It also enables traders to predict the movement of Tong Stock. The fundamental analysis module provides a way to measure Tong Yang'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 Tong Yang stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tong Yang Industry Company Return On Equity Analysis

Tong Yang'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Tong Yang Return On Equity

    
  0.0818  
Most of Tong Yang'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, Tong Yang Industry 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, Tong Yang Industry has a Return On Equity of 0.0818. This is 97.73% lower than that of the Auto Components sector and 94.2% lower than that of the Consumer Discretionary industry. The return on equity for all Taiwan stocks is 126.39% lower than that of the firm.

Tong Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tong Yang'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 Tong Yang could also be used in its relative valuation, which is a method of valuing Tong Yang by comparing valuation metrics of similar companies.
Tong Yang is currently under evaluation in return on equity category among its peers.

Tong Fundamentals

About Tong Yang Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tong Yang Industry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tong Yang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tong Yang Industry 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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tong Stock Analysis

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