Thye Ming Industrial Stock Cash Per Share

9927 Stock  TWD 65.80  0.60  0.92%   
Thye Ming Industrial fundamentals help investors to digest information that contributes to Thye Ming's financial success or failures. It also enables traders to predict the movement of Thye Stock. The fundamental analysis module provides a way to measure Thye Ming'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 Thye Ming 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.

Thye Ming Industrial Company Cash Per Share Analysis

Thye Ming'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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Total Cash

Average Shares

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Current Thye Ming Cash Per Share

    
  10.31 X  
Most of Thye Ming'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, Thye Ming Industrial 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, Thye Ming Industrial has a Cash Per Share of 10.31 times. This is 370.78% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The cash per share for all Taiwan stocks is 105.79% lower than that of the firm.

Thye Cash Per Share Peer Comparison

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

Thye Fundamentals

About Thye Ming Fundamental Analysis

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

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