Lucky Cement Current Valuation vs. Net Income
| 1108 Stock | TWD 14.45 0.05 0.34% |
For Lucky Cement profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lucky Cement to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lucky Cement Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lucky Cement's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lucky Cement Co over time as well as its relative position and ranking within its peers.
Lucky |
Lucky Cement Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lucky Cement's current stock value. Our valuation model uses many indicators to compare Lucky Cement value to that of its competitors to determine the firm's financial worth. Lucky Cement Co is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers making up about 0.04 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Lucky Cement Co is roughly 27.19 . 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 Lucky Cement's earnings, one of the primary drivers of an investment's value.Lucky Current Valuation vs. Competition
Lucky Cement Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 583.58 Billion. Lucky Cement claims roughly 7.13 Billion in current valuation contributing just under 2% to all equities under Materials industry.
Lucky Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Lucky Cement |
| = | 7.13 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Lucky Cement |
| = | 262.2 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Lucky Net Income Comparison
Lucky Cement is currently under evaluation in net income category among its peers.
Lucky Cement Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lucky Cement, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lucky Cement will eventually generate negative long term returns. The profitability progress is the general direction of Lucky Cement's change in net profit over the period of time. It can combine multiple indicators of Lucky Cement, 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.
Lucky Cement Corporation, together with its subsidiaries, manufactures and sells cement in Taiwan. Lucky Cement Corporation was founded in 1974 and is headquartered in Taipei City, Taiwan. LUCKY CEMENT is traded on Taiwan Stock Exchange in Taiwan.
Lucky Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lucky Cement. 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 Lucky Cement 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 Lucky Cement's important profitability drivers and their relationship over time.
Use Lucky Cement 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 Lucky Cement 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 Lucky Cement will appreciate offsetting losses from the drop in the long position's value.Lucky Cement Pair Trading
Lucky Cement Co Pair Trading Analysis
The ability to find closely correlated positions to Lucky Cement could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lucky Cement 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 Lucky Cement - 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 Lucky Cement Co to buy it.
The correlation of Lucky Cement 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 Lucky Cement moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lucky Cement 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 Lucky Cement 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 Lucky Cement position
In addition to having Lucky Cement 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 Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Additional Tools for Lucky Stock Analysis
When running Lucky Cement's price analysis, check to measure Lucky Cement's 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 Lucky Cement is operating at the current time. Most of Lucky Cement's value examination focuses on studying past and present price action to predict the probability of Lucky Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lucky Cement's price. Additionally, you may evaluate how the addition of Lucky Cement to your portfolios can decrease your overall portfolio volatility.