New Best Wire Industrial Co (ROCO:5013) Risk Assessment

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What is New Best Wire Industrial Co Risk Assessment?

Risk Assessment represents the investment risk of a stock derived from our exclusive method. It suggests how risky the investment opportunity is based on the valuation and the fundamental performance of the stock. It is derived from following key aspects:

1. GuruFocus internally developed valuations of the stock, such as GF valuation.
2. Quality Rank, a business quality indicator developed by GuruFocus.
3. Fundamental performance: Piotroski F-Score, Altman Z-Score, Beneish M-Score, etc.
4. Growth opportunities: 5-year revenue growth rate, 5-Year EPS without NRI Growth Rate, etc.

Value investors are always willing to find undervalued stocks. However, not all the undervalued stocks are good deals, we should also be careful of how risky the investment opportunity is. We believe that if the company's financial strength and profitability are strong, and the stock price is within a reasonable range of the GF valuation, or stock has a high return with its price being undervalued, then it might be a good investment opportunity with low risk.

Based on those aspects listed above, GuruFocus believes the risk assessment of New Best Wire Industrial Co is: Moderate Risk: Sensitive, better choose undervalued stock.

Competitive Comparison of New Best Wire Industrial Co's Risk Assessment

For the Electrical Equipment & Parts subindustry, New Best Wire Industrial Co's Risk Assessment, along with its competitors' market caps and Risk Assessment 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.

New Best Wire Industrial Co's Risk Assessment Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, New Best Wire Industrial Co's Risk Assessment distribution charts can be found below:

* The bar in red indicates where New Best Wire Industrial Co's Risk Assessment falls into.

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New Best Wire Industrial Co (ROCO:5013) Risk Assessment Explanation

Based on the four aspects listed above, GuruFocus provides the following 7 evaluations:

All-in-One Screener Examples (1)
Low Risk: Strong fundamentals, worth long-term holding
Moderate Risk: Sensitive, better choose undervalued stock
High Risk: High uncertainty with risk-return tradeoff
High Risk: Good fundamentals, beware of shrinking business
High Risk: Sensitive to economic or industry trends
High Risk: High uncertainty
No Data: Cannot be evaluated

(1) These are some simple examples. You can access our Risk Assessment filter under All-in-One Screener’s Fundamental tab and set your own criteria.

New Best Wire Industrial Co Risk Assessment Related Terms

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New Best Wire Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » New Best Wire Industrial Co Ltd (ROCO:5013) » Definitions » Risk Assessment

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12-19, Lai Guan Liau, Chia Lie Cheng, 722 Jiali District, Tainan, TWN

Website

https://www.newbest.com.tw

New Best Wire Industrial Co Ltd engages in wire and electro-polishing (EP) Stainless Steel Pipe businesses in Taiwan. Its wire business provides stainless, carbon, & wire alloy steel, wires electrolytic polishing tubes and others. Its wire products are used for cold heading, cold forging, & hardware use, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The company operates in Taiwan and China.

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