Evertop Wire Cable (TPE:1616) 3-1 Month Momentum %: -10.71% (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1616 Evertop Wire Cable Corp TPE:1616
79 GF Score
Price NT$18.80
GF Value NT$27.44
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Evertop Wire Cable 3-1 Month Momentum %?

Evertop Wire Cable TPE:1616 -0.53% 79 3-1 Month Momentum % is -10.71% as of Sep. 12, 2026. GuruFocus rates TPE:1616 with a GF Score™ of 79/100 and a GF Value™ of NT$27.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 3,062 Industrial Products companies, Evertop Wire Cable ranks worse than 70.38% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-12), Evertop Wire Cable's 3-1 Month Momentum % is -10.71%.

The industry rank for Evertop Wire Cable's 3-1 Month Momentum % or its related term are showing as below:

TPE:1616's 3-1 Month Momentum % is ranked worse than
70.38% of 3062 companies
in the Industrial Products industry
Industry Median: -2.665 vs TPE:1616: -10.71

Evertop Wire Cable  (TPE:1616) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Evertop Wire Cable 3-1 Month Momentum % Related Terms


TPE:1616 vs VRT, BE: 3-1 Month Momentum % Comparison

For the Electrical Equipment & Parts subindustry, Evertop Wire Cable's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evertop Wire Cable 3-1 Month Momentum % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evertop Wire Cable's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Evertop Wire Cable's 3-1 Month Momentum % falls into.


TPE:1616
79GF Score
Evertop Wire Cable Corp TPE:1616
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evertop Wire Cable  (TPE:1616) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -10.71% mean?
Evertop Wire Cable (TPE:1616) has a 3-1 Month Momentum % of -10.71% as of Sep. 12, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Evertop Wire Cable and its competitors. According to the industry distribution chart, Evertop Wire Cable ranks #2155 out of 3062 companies in the Industrial Products industry, placing it in the top 70.4%.
Is Evertop Wire Cable's 3-1 Month Momentum % too high?
Evertop Wire Cable's current 3-1 Month Momentum % is -10.71%. Based on the distribution chart, Evertop Wire Cable ranks #2155 out of 3062 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Evertop Wire Cable has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Evertop Wire Cable's 3-1 Month Momentum % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Evertop Wire Cable ranks #2155 out of 3062 companies for 3-1 Month Momentum %. This places Evertop Wire Cable in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for an Industrial Products company?
A good 3-1 Month Momentum % depends on the Industrial Products industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Evertop Wire Cable and its competitors. Evertop Wire Cable's current 3-1 Month Momentum % is -10.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertop Wire Cable stock overvalued right now?
Based on GuruFocus' analysis, Evertop Wire Cable (TPE:1616) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.44, compared to a current price of NT$18.80 — trading 31.5% below its estimated fair value. The current 3-1 Month Momentum % is -10.71%. Evertop Wire Cable's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Evertop Wire Cable (TPE:1616), the current 3-1 Month Momentum % is -10.71% as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Evertop Wire Cable (TPE:1616) Overvalued in 2026?

Based on GuruFocus' analysis, Evertop Wire Cable stock appears to be undervalued. The current stock price of NT$18.80 is trading 31.5% below its estimated GF Value™ of NT$27.44. GuruFocus considers Evertop Wire Cable to be Possible Value Trap.

Key valuation signals for TPE:1616:

  • 3-1 Month Momentum %: -10.71%
  • GF Value™: NT$27.44 vs. price of NT$18.80 (31.5% below fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the TPE:1616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evertop Wire Cable Business Description

Address No.1, Lane 91, Renai Road, 1st Floor, Section 2, Zhongzheng District, Taipei, TWN
Evertop Wire Cable Corp is engaged in the manufacturing, processing, sale, and installation of bare cooper wires, tinned wires, power cables, computer cables, insulated wires, coaxial cables, PVC wire cables, XLPE high and low voltage power cables, telecommunication cables, fiber optic cables, and rubber cables. The company generates a majority of its revenue from Taiwan and the rest from Vietnam.
79GF Score

Get the complete analysis for TPE:1616

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$18.80
Price
NT$27.44
GF Value