The second is profitability, which looks at profitability ratios such as return on equity, return on assets and margins. The third aspect is yields and valuation, which compares the company’s fundamental yields against the risk‑free rate, along with its relative valuation to peers.
The Edge Singapore has filtered and scored globally and domestically listed companies along the semiconductor value chain for this week’s issue. The Singapore‑listed stocks include AEM Holdings (SGX:AWX
) , Frencken Group (SGX:E28) , Grand Venture Technology (SGX:JLB) and UMS Holdings (SGX:558) .
Similar to previous issues, this scoring table is purely quantitative and considers six aspects of the company. The first is historical performance, which looks at the company’s historical financials over the past 10 years, where discounts are given for poor performance and inconsistency.
