Mirle Automation Corp Stock Cash Per Share

2464 Stock  TWD 77.40  1.60  2.11%   
Mirle Automation Corp fundamentals help investors to digest information that contributes to Mirle Automation's financial success or failures. It also enables traders to predict the movement of Mirle Stock. The fundamental analysis module provides a way to measure Mirle Automation'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 Mirle Automation 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.

Mirle Automation Corp Company Cash Per Share Analysis

Mirle Automation's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

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Current Mirle Automation Cash Per Share

    
  16.39 X  
Most of Mirle Automation's fundamental indicators, such as Cash Per Share, 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, Mirle Automation Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

In accordance with the recently published financial statements, Mirle Automation Corp has a Cash Per Share of 16.39 times. This is 365.63% higher than that of the Machinery sector and 25.74% lower than that of the Industrials industry. The cash per share for all Taiwan stocks is notably lower than that of the firm.

Mirle Cash Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mirle Automation's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Mirle Automation could also be used in its relative valuation, which is a method of valuing Mirle Automation by comparing valuation metrics of similar companies.
Mirle Automation is currently under evaluation in cash per share category among its peers.

Mirle Fundamentals

About Mirle Automation Fundamental Analysis

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

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