MS Autotech Return On Equity vs. Price To Earning
| 123040 Stock | KRW 3,370 40.00 1.20% |
For MS Autotech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MS Autotech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MS Autotech CoLtd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MS Autotech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MS Autotech CoLtd over time as well as its relative position and ranking within its peers.
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MS Autotech CoLtd Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MS Autotech's current stock value. Our valuation model uses many indicators to compare MS Autotech value to that of its competitors to determine the firm's financial worth. MS Autotech CoLtd is number one stock in return on equity category among its peers. It also is number one stock in price to earning category among its peers reporting about 0.68 of Price To Earning per Return On Equity. The ratio of Return On Equity to Price To Earning for MS Autotech CoLtd is roughly 1.48 . Comparative valuation analysis is a catch-all model that can be used if you cannot value MS Autotech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MS Autotech's 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.123040 Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
MS Autotech |
| = | 7.76 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
MS Autotech |
| = | 5.25 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
123040 Price To Earning Comparison
MS Autotech is currently under evaluation in price to earning category among its peers.
MS Autotech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MS Autotech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MS Autotech will eventually generate negative long term returns. The profitability progress is the general direction of MS Autotech's change in net profit over the period of time. It can combine multiple indicators of MS Autotech, 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.
The company offers fender apron and side members, center and rear floors, front and rear doors, reinforcement side outers, side and quarter inners, rear combi lamp housings, rear package trays, back and dash parts, and cowl parts. ,Ltd was founded in 1982 and is based in Gyeongju, South Korea. MS AUTOTECH is traded on Korean Securities Dealers Automated Quotations in South Korea.
123040 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MS Autotech. 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 MS Autotech 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 MS Autotech's important profitability drivers and their relationship over time.
Use MS Autotech 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 MS Autotech 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 MS Autotech will appreciate offsetting losses from the drop in the long position's value.MS Autotech Pair Trading
MS Autotech CoLtd Pair Trading Analysis
The ability to find closely correlated positions to MS Autotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MS Autotech 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 MS Autotech - 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 MS Autotech CoLtd to buy it.
The correlation of MS Autotech 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 MS Autotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MS Autotech CoLtd 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 MS Autotech 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 MS Autotech position
In addition to having MS Autotech 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?
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Other Information on Investing in 123040 Stock
To fully project MS Autotech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MS Autotech CoLtd 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 MS Autotech's income statement, its balance sheet, and the statement of cash flows.