Tex Year Gross Profit vs. Current Valuation

4720 Stock  TWD 19.15  0.05  0.26%   
Considering Tex Year's profitability and operating efficiency indicators, Tex Year Industries may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Tex Year's ability to earn profits and add value for shareholders.
For Tex Year profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tex Year to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tex Year Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tex Year's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tex Year Industries over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Tex Year's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tex Year is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tex Year's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Tex Year Industries Current Valuation vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tex Year's current stock value. Our valuation model uses many indicators to compare Tex Year value to that of its competitors to determine the firm's financial worth.
Tex Year Industries is number one stock in gross profit category among its peers. It also is the top company in current valuation category among its peers reporting about  3.46  of Current Valuation per Gross Profit. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tex Year's earnings, one of the primary drivers of an investment's value.

Tex Current Valuation vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Tex Year

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
646.11 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Tex Year

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.23 B
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.

Tex Current Valuation vs Competition

Tex Year Industries is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Chemicals industry is presently estimated at about (5.14 Billion). Tex Year adds roughly 2.23 Billion in current valuation claiming only tiny portion of equities listed under Specialty Chemicals industry.

Tex Year Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tex Year, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tex Year will eventually generate negative long term returns. The profitability progress is the general direction of Tex Year's change in net profit over the period of time. It can combine multiple indicators of Tex Year, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tex Year Industries Inc. manufactures and sells hot melt adhesives in Taiwan and internationally. Tex Year Industries Inc. was founded in 1976 and is headquartered in New Taipei City, Taiwan. TEX YEAR is traded on Taiwan Stock Exchange in Taiwan.

Tex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Tex Year. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tex Year position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tex Year's important profitability drivers and their relationship over time.

Use Tex Year in pair-trading

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 Tex Year 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 Tex Year will appreciate offsetting losses from the drop in the long position's value.

Tex Year Pair Trading

Tex Year Industries Pair Trading Analysis

The ability to find closely correlated positions to Tex Year could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tex Year 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 Tex Year - 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 Tex Year Industries to buy it.
The correlation of Tex Year 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 Tex Year moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tex Year Industries 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 Tex Year 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Tex Year position

In addition to having Tex Year in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Copper Theme
Companies involved in production of copper. The Copper theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Copper Theme or any other thematic opportunities.
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Additional Tools for Tex Stock Analysis

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