Asia Biomass Revenue vs. Price To Book
| ABM Stock | THB 1.40 0.04 2.94% |
For Asia Biomass profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asia Biomass to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asia Biomass Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asia Biomass's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asia Biomass Public over time as well as its relative position and ranking within its peers.
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Asia Biomass Public Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asia Biomass's current stock value. Our valuation model uses many indicators to compare Asia Biomass value to that of its competitors to determine the firm's financial worth. Asia Biomass Public is the top company in revenue category among related companies. It is number one stock in price to book category among related companies . The ratio of Revenue to Price To Book for Asia Biomass Public is about 886,575,872 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Asia Biomass by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Asia Biomass' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Asia Biomass' earnings, one of the primary drivers of an investment's value.Asia Revenue vs. Competition
Asia Biomass Public is the top company in revenue category among related companies. Market size based on revenue of Utilities - Independent Power Producers industry is presently estimated at about 667.2 Billion. Asia Biomass adds roughly 1.91 Billion in revenue claiming only tiny portion of Utilities - Independent Power Producers industry.
Asia Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Asia Biomass |
| = | 1.91 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Asia Biomass |
| = | 2.15 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Asia Price To Book Comparison
Asia Biomass is currently under evaluation in price to book category among related companies.
Asia Biomass Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Asia Biomass, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Asia Biomass will eventually generate negative long term returns. The profitability progress is the general direction of Asia Biomass' change in net profit over the period of time. It can combine multiple indicators of Asia Biomass, 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.
Asia Biomass Public Company Limited, through its subsidiaries, trades in biomass in Asia. Asia Biomass Public Company Limited is headquartered in Bangkok, Thailand. ASIA BIOMASS operates under Utilities - Independent Power Producers classification in Thailand and is traded on Stock Exchange of Thailand.
Asia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asia Biomass. 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 Asia Biomass 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 Asia Biomass' important profitability drivers and their relationship over time.
Use Asia Biomass 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 Asia Biomass 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 Asia Biomass will appreciate offsetting losses from the drop in the long position's value.Asia Biomass Pair Trading
Asia Biomass Public Pair Trading Analysis
The ability to find closely correlated positions to Asia Biomass could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asia Biomass 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 Asia Biomass - 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 Asia Biomass Public to buy it.
The correlation of Asia Biomass 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 Asia Biomass moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asia Biomass Public 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 Asia Biomass 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.Use Investing Themes to Complement your Asia Biomass position
In addition to having Asia Biomass 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 47 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 Rentals Theme or any other thematic opportunities.
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Check out Trending Equities. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Asia Biomass' price analysis, check to measure Asia Biomass' 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 Asia Biomass is operating at the current time. Most of Asia Biomass' value examination focuses on studying past and present price action to predict the probability of Asia Biomass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Biomass' price. Additionally, you may evaluate how the addition of Asia Biomass to your portfolios can decrease your overall portfolio volatility.
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To fully project Asia Biomass' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Asia Biomass Public at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Asia Biomass' income statement, its balance sheet, and the statement of cash flows.