I Sheng Price To Sales vs. Current Valuation

6115 Stock  TWD 52.10  0.40  0.76%   
Considering the key profitability indicators obtained from I Sheng's historical financial statements, I Sheng Electric Wire 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 I Sheng's ability to earn profits and add value for shareholders.
For I Sheng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of I Sheng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well I Sheng Electric Wire utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between I Sheng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of I Sheng Electric Wire 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 I Sheng's value and its price as these two are different measures arrived at by different means. Investors typically determine if I Sheng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, I Sheng'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.

I Sheng Electric Current Valuation vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining I Sheng's current stock value. Our valuation model uses many indicators to compare I Sheng value to that of its competitors to determine the firm's financial worth.
I Sheng Electric Wire is number one stock in price to sales category among its peers. It also is the top company in current valuation category among its peers reporting about  6,304,425,276  of Current Valuation per Price To Sales. 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 I Sheng's earnings, one of the primary drivers of an investment's value.

6115 Current Valuation vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

I Sheng

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.04 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.

I Sheng

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
6.56 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.

6115 Current Valuation vs Competition

I Sheng Electric Wire is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 39.79 Billion. I Sheng retains roughly 6.56 Billion in current valuation claiming about 16% of equities under Industrials industry.

I Sheng Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in I Sheng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, I Sheng will eventually generate negative long term returns. The profitability progress is the general direction of I Sheng's change in net profit over the period of time. It can combine multiple indicators of I Sheng, 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.
I-Sheng Electric Wire Cable Co., Ltd. provides plugs and connectors, power supply cords, LAN cables, and electronic signal cables in Taiwan and internationally. The company was founded in 1973 and is based in Taoyuan City, Taiwan. I SHENG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.

6115 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on I Sheng. 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 I Sheng 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 I Sheng's important profitability drivers and their relationship over time.

Use I Sheng 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 I Sheng 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 I Sheng will appreciate offsetting losses from the drop in the long position's value.

I Sheng Pair Trading

I Sheng Electric Wire Pair Trading Analysis

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

In addition to having I Sheng 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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Macroaxis Picks Theme
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Additional Tools for 6115 Stock Analysis

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