Road Competitors

688156 Stock

13.30 0.03 0.23%

Road Environment Tec competes with CareRay Digital, Shenzhen Glory, Guangzhou Restaurants, Yunnan Jianzhijia, and Allmed Medical; as well as few others. The company operates under Water Utilities sector and is part of Utilities industry. Analyzing Road Environment competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Road Environment to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Road Environment Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Road Environment competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
9.81	13.38	16.95

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Intrinsic

Valuation

Low	Real	High
9.36	12.93	16.50

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Naive

Forecast

Low	Next	High
9.51	13.08	16.65

Details

Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Road Environment. Your research has to be compared to or analyzed against Road Environment's peers to derive any actionable benefits. When done correctly, Road Environment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Road Environment Tec.

Road Environment Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Road Environment and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Road and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Road Environment Tec does not affect the price movement of the other competitor.

	688607	002551	603043	605266	002950	002219	600499	002173
688607		0.97	0.9	0.9	0.9	0.94	0.93	0.92	688607
002551	0.97		0.88	0.89	0.92	0.94	0.94	0.91	002551
603043	0.9	0.88		0.85	0.77	0.85	0.9	0.85	603043
605266	0.9	0.89	0.85		0.83	0.83	0.89	0.88	605266
002950	0.9	0.92	0.77	0.83		0.88	0.89	0.79	002950
002219	0.94	0.94	0.85	0.83	0.88		0.88	0.87	002219
600499	0.93	0.94	0.9	0.89	0.89	0.88		0.87	600499
002173	0.92	0.91	0.85	0.88	0.79	0.87	0.87		002173
	688607	002551	603043	605266	002950	002219	600499	002173

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Risk-Adjusted Indicators

There is a big difference between Road Stock performing well and Road Environment Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Road Environment's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
688607	2.44	0.77	0.21	(2.69)	2.30	(2.64)	5.33	(4.51)	19.31
002551	2.52	0.82	0.20	(1.35)	2.66	(2.85)	6.43	(4.28)	19.67
603043	1.84	0.21	0.06	0.66	2.02	(2.27)	4.19	(3.00)	18.46
605266	3.58	0.64	0.14	(1.99)	3.19	(4.26)	10.00	(5.30)	20.03
002950	2.29	0.59	0.16	(6.30)	2.50	(2.65)	6.54	(4.61)	19.86
002219	3.08	0.89	0.23	1.94	2.82	(3.47)	10.00	(5.43)	18.08
600499	2.15	0.51	0.13	(0.69)	2.50	(2.36)	4.41	(3.50)	17.09
002173	2.94	0.77	0.15	6.43	3.90	(3.01)	6.93	(6.37)	19.23

Cross Equities Net Income Analysis

Compare Road Environment Tec and related stocks such as CareRay Digital Medical, Shenzhen Glory Medical, and Guangzhou Restaurants Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
688607	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	21.6 M	49.3 M	48.2 M	75.1 M	85.1 M	(5.7 M)	15.4 M	14.6 M
002551	22 M	44.2 M	58.3 M	73.8 M	102.2 M	119.1 M	114.2 M	175.2 M	97.7 M	59.8 M	162.1 M	59.3 M	(308.1 M)	(148.9 M)	(141.4 M)
603043	266.7 M	266.7 M	266.7 M	266.7 M	266.7 M	266.7 M	266.7 M	340.4 M	383.9 M	384.1 M	463.6 M	557.6 M	520.4 M	550.5 M	476.7 M
605266	17.4 M	17.4 M	17.4 M	17.4 M	17.4 M	18 M	70.9 M	94.7 M	133.6 M	168.1 M	251.1 M	300.5 M	363.4 M	414.4 M	435.1 M
002950	248.1 M	248.1 M	248.1 M	248.1 M	248.1 M	248.1 M	248.1 M	233.7 M	227.8 M	325.8 M	1.2 B	431.2 M	406.8 M	110.4 M	104.9 M
002219	13.7 M	71.3 M	73.7 M	169.8 M	257.3 M	323.6 M	403.6 M	202.8 M	(1.4 B)	(2.5 B)	(52.2 M)	(371.4 M)	155.6 M	30.8 M	32.3 M
600499	17.6 M	356.1 M	273.3 M	370.2 M	446.1 M	541.3 M	303.3 M	478.9 M	(588.6 M)	119.3 M	284.5 M	1 B	4.3 B	2.1 B	2.2 B
002173	17.2 M	30 M	38.2 M	23.7 M	(65.3 M)	(65.3 M)	114.7 M	140.7 M	29.7 M	(1.1 B)	(314.5 M)	(105.2 M)	(73.7 M)	(34.3 M)	(36 M)

Road Environment Tec and related stocks such as CareRay Digital Medical, Shenzhen Glory Medical, and Guangzhou Restaurants Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Road Environment Tec financial statement analysis. It represents the amount of money remaining after all of Road Environment Technology operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Road Environment Competitive Analysis

The better you understand Road Environment competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Road Environment's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Road Environment's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	688156	688607	002551	603043	605266	002950	002219	600499	002173
	0.23 13.30 Road	0.32 15.75 CareRay	0.54 3.74 Shenzhen	1.65 16.70 Guangzhou	2.20 25.82 Yunnan	1.53 9.02 Allmed	1.01 3.00 Hengkang	0.23 8.63 Keda	2.18 9.37 Innovative
Market Volatility (90 Days Market Risk)	Somewhat reliable	Somewhat reliable	Risky	Not too volatile	Somewhat reliable	Somewhat reliable	Very risky	Slightly risky	Slightly risky
Market Performance (90 Days Performance)	OK	Solid	Solid	OK	Modest	Good	Solid	OK	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Low	Low	Low	Below Average	Very Small	Low	Very Small	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Cautious Hold	Cautious Hold	Strong Buy	Cautious Hold	Hold	Buy	Cautious Hold	Hold
Net Asset	1.59 B	947.3 M	3.93 B	6.56 B	9.95 B	5.08 B	6.08 B	23.6 B	2.28 B
Profit Margin	-0.0083	0.0858	-0.12	0.0989	0.0254	0.0706	0.0133	0.0691	-0.0592
EBITDA	35.94 M	23.19 M	(75.52 M)	709.82 M	487.02 M	518.43 M	422.71 M	1.56 B	33.94 M
Operating Margin	-0.0405	0.1	-0.0161	0.21	0.0462	0.11	0.0402	0.14	-0.0793
Current Valuation	1.61 B	967.34 M	2.52 B	9.27 B	7.55 B	5.95 B	11.34 B	19.49 B	3.56 B
Price To Book	1.51	1.63	1.21	2.52	1.46	1.74	4.42	1.45	2.24
Retained Earnings	198.79 M	191.09 M	429.81 M	2.25 B	1.27 B	1.72 B	(3.06 B)	7.04 B	(1.3 B)
Beta	-0.097	0.54	-0.039	0.64	0.96	0.34	0.43	0.63	0.64
Number Of Employees	519	252	1.34 K	5.77 K	16.65 K	4.68 K	7.8 K	15.17 K	N/A
Shares Outstanding	100.71 M	88.13 M	844.82 M	568.77 M	156.66 M	633.27 M	3.41 B	1.92 B	441.28 M
Cash Flow From Operations	(19.13 M)	21.48 M	17.63 M	1.04 B	1.02 B	423.5 M	290.98 M	730.83 M	11.03 M
Annual Yield	0.0038	0.0034	N/A	N/A	0.0498	0.003	N/A	N/A	N/A
Total Debt	156.62 M	11.35 M	290.6 M	483.24 M	749.61 M	749.57 M	716.49 M	572.35 M	30.17 M
Return On Equity	-0.0075	0.0289	-0.0565	0.14	0.0862	0.0682	0.0262	0.0588	-0.0256
Return On Asset	-0.0022	0.0119	-0.023	0.0481	0.0259	0.0333	0.0212	0.027	-0.0147
Book Value Per Share	8.82	9.77	3.11	6.74	17.72	5.37	0.68	6.03	4.18
Total Asset	1.59 B	947.3 M	3.93 B	6.56 B	9.95 B	5.08 B	6.08 B	23.6 B	2.28 B
Target Price	17.65	N/A	N/A	18.29	68.33	N/A	N/A	15.0	N/A
Last Dividend Paid	0.05	0.054	N/A	0.48	1.07	0.027	N/A	0.33	N/A
Shares Owned By Institutions	5.2	3.74	0.43	4.79	20.92	0.85	5.54	3.87	1.64
Market Capitalization	1.31 B	1.37 B	3.08 B	9.43 B	3.97 B	5.66 B	10.23 B	16.34 B	3.94 B
Price To Sales	3.84	4.77	2.42	1.84	0.43	1.77	2.72	1.46	4.87
Net Income	26.97 M	15.41 M	(148.89 M)	550.48 M	414.41 M	110.4 M	30.78 M	2.09 B	(34.29 M)
Earnings Per Share	-0.02	0.27	-0.18	0.91	1.57	0.37	0.01	0.41	-0.11
Shares Owned By Insiders	40.78	47.63	40.44	72.01	50.79	64.94	51.64	49.08	42.32
Revenue	351.08 M	273.74 M	1.19 B	4.9 B	9.08 B	2.76 B	3.59 B	9.7 B	805.59 M
Working Capital	260.64 M	716.7 M	992.87 M	22.97 M	(922.54 M)	454.08 M	(967.28 M)	5.34 B	407.63 M
Gross Profit	120.31 M	341.98 M	221.88 M	4.11 B	2.69 B	872.17 M	992.37 M	3.28 B	46.16 M
Day Typical Price	13.3	15.71	3.85	16.75	25.94	9.06	3.01	8.62	9.34
Accumulation Distribution	0.0303	0.0233	0.0929	0.0206	0.0299	0.0293	0.0518	0.0161	0.0358
Market Facilitation Index	0.41	0.37	0.38	0.35	0.79	0.27	0.16	0.14	0.34
Daily Balance Of Power	(0.07)	0.1351	0.0526	(0.80)	(0.73)	(0.52)	0.1875	0.1429	0.5882
Period Momentum Indicator	(0.03)	0.05	0.02	(0.28)	(0.58)	(0.14)	0.03	0.02	0.2
Rate Of Daily Change	1.0	1.0	1.01	0.98	0.98	0.98	1.01	1.0	1.02
Day Median Price	13.31	15.7	3.9	16.77	26.0	9.09	3.01	8.61	9.33
Price Action Indicator	(0.02)	0.08	(0.15)	(0.22)	(0.46)	(0.14)	0.005	0.03	0.14
Relative Strength Index	53.05	60.65	59.78	50.01	57.94	57.31	57.7	60.78	47.92
Coefficient Of Variation	712.61	436.69	446.74	1042.67	738.37	555.46	436.47	628.81	507.25
Mean Deviation	2.3	2.44	2.52	1.84	3.58	2.29	3.08	2.15	2.94
Jensen Alpha	0.4666	0.7688	0.8189	0.2103	0.6363	0.5929	0.8867	0.5134	0.7713
Total Risk Alpha	0.0069	0.2966	0.2944	(0.12)	(0.01)	0.137	0.3771	0.0578	0.2385
Sortino Ratio	0.1069	0.2076	0.1994	0.0639	0.1419	0.1574	0.232	0.1256	0.1475
Downside Variance	12.12	9.41	10.87	5.21	12.5	9.3	12.9	7.49	21.29
Standard Deviation	3.46	3.28	3.44	2.7	4.54	3.3	4.13	2.87	4.03
Kurtosis	5.18	1.8	1.7	4.3	(0.08)	2.29	0.3208	1.36	0.7782
Potential Upside	5.68	5.33	6.43	4.19	10.0	6.54	10.0	4.41	6.93
Treynor Ratio	5.51	(2.69)	(1.35)	0.6633	(1.99)	(6.30)	1.94	(0.69)	6.43
Maximum Drawdown	26.38	19.31	19.67	18.46	20.03	19.86	18.08	17.09	19.23
Variance	11.97	10.74	11.86	7.3	20.61	10.86	17.07	8.25	16.22
Market Risk Adjusted Performance	5.52	(2.68)	(1.34)	0.6733	(1.98)	(6.29)	1.95	(0.68)	6.44
Risk Adjusted Performance	0.1149	0.1824	0.1786	0.0804	0.1117	0.145	0.183	0.1287	0.1585
Skewness	0.2762	0.4717	0.2895	0.8192	0.5734	0.3791	0.489	0.0202	(0.38)
Semi Deviation	2.86	2.3	2.66	2.02	3.19	2.5	2.82	2.5	3.9
Information Ratio	0.1076	0.1944	0.1909	0.054	0.1105	0.1456	0.2017	0.1196	0.169
Value At Risk	(3.91)	(4.51)	(4.28)	(3.00)	(5.30)	(4.61)	(5.43)	(3.50)	(6.37)
Expected Short fall	(2.51)	(2.64)	(2.85)	(2.27)	(4.26)	(2.65)	(3.47)	(2.36)	(3.01)
Downside Deviation	3.48	3.07	3.3	2.28	3.54	3.05	3.59	2.74	4.61
Semi Variance	8.18	5.28	7.06	4.1	10.18	6.24	7.97	6.27	15.21

Road Environment Competition Performance Charts

Five steps to successful analysis of Road Environment Competition

Road Environment's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Road Environment Tec in relation to its competition. Road Environment's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Road Environment in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Road Environment's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Road Environment Tec, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Road Environment position

In addition to having Road Environment 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.

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High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.

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Other Information on Investing in Road Stock

Road Environment financial ratios help investors to determine whether Road Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Road with respect to the benefits of owning Road Environment security.

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Road Competitors

Specify up to 10 symbols:

Road Environment Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Road Environment Tec and related stocks such as CareRay Digital Medical, Shenzhen Glory Medical, and Guangzhou Restaurants Net Income description

Road Environment Competitive Analysis

Road Environment Competition Performance Charts

Five steps to successful analysis of Road Environment Competition

Complement your Road Environment position

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FinTech

Other Information on Investing in Road Stock

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