Leatec Fine (Taiwan) Performance
| 6127 Stock | TWD 28.55 0.45 1.55% |
Leatec Fine has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.14, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Leatec Fine's returns are expected to increase less than the market. However, during the bear market, the loss of holding Leatec Fine is expected to be smaller as well. Leatec Fine Ceramics right now secures a risk of 3.03%. Please verify Leatec Fine Ceramics mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Leatec Fine Ceramics will be following its current price movements.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Leatec Fine Ceramics are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Leatec Fine may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 284.6 M | |
| Total Cashflows From Investing Activities | -207.2 M | |
| Free Cash Flow | -112.4 M |
Leatec |
Leatec Fine Relative Risk vs. Return Landscape
If you would invest 2,630 in Leatec Fine Ceramics on September 12, 2024 and sell it today you would earn a total of 225.00 from holding Leatec Fine Ceramics or generate 8.56% return on investment over 90 days. Leatec Fine Ceramics is generating 0.175% of daily returns and assumes 3.0298% volatility on return distribution over the 90 days horizon. Simply put, 26% of stocks are less volatile than Leatec, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Leatec Fine Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Leatec Fine's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Leatec Fine Ceramics, and traders can use it to determine the average amount a Leatec Fine's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0578
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 6127 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Leatec Fine is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Leatec Fine by adding it to a well-diversified portfolio.
Leatec Fine Fundamentals Growth
Leatec Stock prices reflect investors' perceptions of the future prospects and financial health of Leatec Fine, and Leatec Fine fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Leatec Stock performance.
| Return On Equity | -0.0095 | |||
| Return On Asset | -0.012 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.08) % | |||
| Current Valuation | 2.92 B | |||
| Shares Outstanding | 108.08 M | |||
| Price To Book | 1.63 X | |||
| Price To Sales | 2.15 X | |||
| Revenue | 1.03 B | |||
| EBITDA | 245.89 M | |||
| Cash And Equivalents | 116.07 M | |||
| Cash Per Share | 1.07 X | |||
| Total Debt | 807.22 M | |||
| Debt To Equity | 84.20 % | |||
| Book Value Per Share | 10.94 X | |||
| Cash Flow From Operations | 78.14 M | |||
| Earnings Per Share | 0.09 X | |||
| Total Asset | 3.2 B | |||
About Leatec Fine Performance
Evaluating Leatec Fine's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Leatec Fine has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Leatec Fine has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
LEATEC Fine Ceramics Co., Ltd. manufacturers and sells chip alumina fine ceramic substrates in Taiwan. LEATEC Fine Ceramics Co., Ltd. was founded in 1991 and is based in Taoyuan City, Taiwan. LEATEC FINE operates under Semiconductors classification in Taiwan and is traded on Taiwan OTC Exchange.Things to note about Leatec Fine Ceramics performance evaluation
Checking the ongoing alerts about Leatec Fine for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Leatec Fine Ceramics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Leatec Fine Ceramics had very high historical volatility over the last 90 days | |
| Leatec Fine Ceramics has high likelihood to experience some financial distress in the next 2 years | |
| Leatec Fine Ceramics has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Leatec Fine Ceramics has accumulated 807.22 M in total debt with debt to equity ratio (D/E) of 84.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Leatec Fine Ceramics has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Leatec Fine until it has trouble settling it off, either with new capital or with free cash flow. So, Leatec Fine's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Leatec Fine Ceramics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Leatec to invest in growth at high rates of return. When we think about Leatec Fine's use of debt, we should always consider it together with cash and equity. | |
| About 22.0% of Leatec Fine shares are owned by insiders or employees |
- Analyzing Leatec Fine's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Leatec Fine's stock is overvalued or undervalued compared to its peers.
- Examining Leatec Fine's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Leatec Fine's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Leatec Fine's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Leatec Fine's stock. These opinions can provide insight into Leatec Fine's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Leatec Stock Analysis
When running Leatec Fine's price analysis, check to measure Leatec Fine'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 Leatec Fine is operating at the current time. Most of Leatec Fine's value examination focuses on studying past and present price action to predict the probability of Leatec Fine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leatec Fine's price. Additionally, you may evaluate how the addition of Leatec Fine to your portfolios can decrease your overall portfolio volatility.