Penpower Technology Current Valuation vs. Net Income
| 5211 Stock | TWD 26.60 0.60 2.31% |
For Penpower Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Penpower Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Penpower Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Penpower Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Penpower Technology over time as well as its relative position and ranking within its peers.
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Penpower Technology Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Penpower Technology's current stock value. Our valuation model uses many indicators to compare Penpower Technology value to that of its competitors to determine the firm's financial worth. Penpower Technology is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers making up about 0.38 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Penpower Technology is roughly 2.63 . 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 Penpower Technology's earnings, one of the primary drivers of an investment's value.Penpower Current Valuation vs. Competition
Penpower Technology is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software - Application industry is presently estimated at about 73.08 Billion. Penpower Technology adds roughly 124.51 Million in current valuation claiming only tiny portion of equities listed under Software - Application industry.
Penpower Net Income vs. Current Valuation
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.
Penpower Technology |
| = | 124.51 M |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Penpower Technology |
| = | 47.25 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Penpower Net Income Comparison
Penpower Technology is currently under evaluation in net income category among its peers.
Penpower Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Penpower Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Penpower Technology will eventually generate negative long term returns. The profitability progress is the general direction of Penpower Technology's change in net profit over the period of time. It can combine multiple indicators of Penpower Technology, 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.
Penpower Technology LTD. develops devices with built-in smart human-machine interface technologies in Taiwan and internationally. Penpower Technology LTD. was founded in 1991 and is headquartered in Hsinchu City, Taiwan. PENPOWER TECHNOLOGY operates under Software - Application classification in Taiwan and is traded on Taiwan OTC Exchange.
Penpower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Penpower Technology. 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 Penpower Technology 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 Penpower Technology's important profitability drivers and their relationship over time.
Use Penpower Technology 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 Penpower Technology 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 Penpower Technology will appreciate offsetting losses from the drop in the long position's value.Penpower Technology Pair Trading
Penpower Technology Pair Trading Analysis
The ability to find closely correlated positions to Penpower Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Penpower Technology 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 Penpower Technology - 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 Penpower Technology to buy it.
The correlation of Penpower Technology 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 Penpower Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Penpower Technology 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 Penpower Technology 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.Use Investing Themes to Complement your Penpower Technology position
In addition to having Penpower Technology 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.Did You Try This Idea?
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Additional Tools for Penpower Stock Analysis
When running Penpower Technology's price analysis, check to measure Penpower Technology'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 Penpower Technology is operating at the current time. Most of Penpower Technology's value examination focuses on studying past and present price action to predict the probability of Penpower Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penpower Technology's price. Additionally, you may evaluate how the addition of Penpower Technology to your portfolios can decrease your overall portfolio volatility.