Ruentex Development Current Valuation vs. Net Income

9945 Stock  TWD 46.20  0.65  1.43%   
Based on Ruentex Development's profitability indicators, Ruentex Development Co 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 Ruentex Development's ability to earn profits and add value for shareholders.
For Ruentex Development profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ruentex Development to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ruentex Development Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ruentex Development's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ruentex Development Co over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Ruentex Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ruentex Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ruentex Development'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.

Ruentex Development Net Income vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Ruentex Development's current stock value. Our valuation model uses many indicators to compare Ruentex Development value to that of its competitors to determine the firm's financial worth.
Ruentex Development Co 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  0.08  of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Ruentex Development Co is roughly  12.09 . 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 Ruentex Development's earnings, one of the primary drivers of an investment's value.

Ruentex Current Valuation vs. Competition

Ruentex Development Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Real Estate industry is presently estimated at about (1.4 Trillion). Ruentex Development adds roughly 196.39 Billion in current valuation claiming only tiny portion of equities listed under Real Estate industry.

Ruentex 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.

Ruentex Development

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
196.39 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.
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.

Ruentex Development

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
16.24 B
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.

Ruentex Net Income Comparison

Ruentex Development is currently under evaluation in net income category among its peers.

Ruentex Development Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Ruentex Development, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ruentex Development will eventually generate negative long term returns. The profitability progress is the general direction of Ruentex Development's change in net profit over the period of time. It can combine multiple indicators of Ruentex Development, 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.
Ruentex Development Co., Ltd. provides construction and civil engineering contracting services in Taiwan. Ruentex Development Co., Ltd. was incorporated in 1977 and is headquartered in Taipei, Taiwan. RUENTEX DEVELOPMENT operates under Engineering Construction classification in Taiwan and is traded on Taiwan Stock Exchange.

Ruentex Profitability Driver Comparison

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

Use Ruentex Development 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 Ruentex Development 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 Ruentex Development will appreciate offsetting losses from the drop in the long position's value.

Ruentex Development Pair Trading

Ruentex Development Co Pair Trading Analysis

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

In addition to having Ruentex Development 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?

Run Industrials ETFs Thematic Idea Now

Industrials ETFs
Industrials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Industrials ETFs theme has 45 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 Industrials ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for Ruentex Stock Analysis

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