Song Shang Electronics Stock Current Valuation
| 6156 Stock | TWD 27.85 0.25 0.89% |
Valuation analysis of Song Shang Electronics helps investors to measure Song Shang's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Song Shang's price fluctuation is not too volatile at this time. Calculation of the real value of Song Shang Electronics is based on 3 months time horizon. Increasing Song Shang's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Song stock is determined by what a typical buyer is willing to pay for full or partial control of Song Shang Electronics. Since Song Shang is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Song Stock. However, Song Shang's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 27.85 | Real 25.77 | Hype 27.85 | Naive 25.36 |
The intrinsic value of Song Shang's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Song Shang's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Song Shang Electronics helps investors to forecast how Song stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Song Shang more accurately as focusing exclusively on Song Shang's fundamentals will not take into account other important factors: Song Shang Electronics Company Current Valuation Analysis
Song Shang'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 Song Shang Current Valuation | 1.62 B |
Most of Song Shang'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, Song Shang Electronics 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, Song Shang Electronics has a Current Valuation of 1.62 B. This is 91.61% lower than that of the Technology sector and 51.0% lower than that of the Electronic Components industry. The current valuation for all Taiwan stocks is 90.25% higher than that of the company.
Song Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Song Shang'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 Song Shang could also be used in its relative valuation, which is a method of valuing Song Shang by comparing valuation metrics of similar companies.Song Shang is currently under evaluation in current valuation category among its peers.
Song Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0113 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.62 B | |||
| Shares Outstanding | 78.03 M | |||
| Shares Owned By Insiders | 30.52 % | |||
| Price To Earning | 7.41 X | |||
| Price To Book | 1.11 X | |||
| Price To Sales | 0.35 X | |||
| Revenue | 4.69 B | |||
| Gross Profit | 501.2 M | |||
| EBITDA | 294.67 M | |||
| Net Income | 104.07 M | |||
| Cash And Equivalents | 1.04 B | |||
| Cash Per Share | 12.76 X | |||
| Total Debt | 167.47 M | |||
| Debt To Equity | 36.80 % | |||
| Current Ratio | 1.70 X | |||
| Book Value Per Share | 18.50 X | |||
| Cash Flow From Operations | 170.71 M | |||
| Earnings Per Share | 2.23 X | |||
| Number Of Employees | 10 | |||
| Beta | 1.44 | |||
| Market Capitalization | 1.5 B | |||
| Total Asset | 4.22 B | |||
| Z Score | 5.8 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 4.22 B | |||
| Last Dividend Paid | 0.52 |
About Song Shang Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Song Shang Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Song Shang using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Song Shang Electronics 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 Song Shang
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 Song Shang 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 Song Shang will appreciate offsetting losses from the drop in the long position's value.Moving together with Song Stock
The ability to find closely correlated positions to Song Shang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Song Shang 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 Song Shang - 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 Song Shang Electronics to buy it.
The correlation of Song Shang 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 Song Shang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Song Shang Electronics 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 Song Shang 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.Additional Tools for Song Stock Analysis
When running Song Shang's price analysis, check to measure Song Shang'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 Song Shang is operating at the current time. Most of Song Shang's value examination focuses on studying past and present price action to predict the probability of Song Shang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Shang's price. Additionally, you may evaluate how the addition of Song Shang to your portfolios can decrease your overall portfolio volatility.