Eclat Textile Return On Asset vs. Revenue
| 1476 Stock | TWD 525.00 4.00 0.77% |
For Eclat Textile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eclat Textile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eclat Textile Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eclat Textile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eclat Textile Co over time as well as its relative position and ranking within its peers.
Eclat |
Eclat Textile Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eclat Textile's current stock value. Our valuation model uses many indicators to compare Eclat Textile value to that of its competitors to determine the firm's financial worth. Eclat Textile Co is number one stock in return on asset category among its peers. It is rated second in revenue category among its peers totaling about 213,412,043,969 of Revenue per Return On Asset. 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 Eclat Textile's earnings, one of the primary drivers of an investment's value.Eclat Revenue vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Eclat Textile |
| = | 0.17 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Eclat Textile |
| = | 35.92 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.
Eclat Revenue vs Competition
Eclat Textile Co is rated second in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 1.12 Trillion. Eclat Textile holds roughly 35.92 Billion in revenue claiming about 3% of stocks in Consumer Discretionary industry.
Eclat Textile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eclat Textile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eclat Textile will eventually generate negative long term returns. The profitability progress is the general direction of Eclat Textile's change in net profit over the period of time. It can combine multiple indicators of Eclat Textile, 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.
Eclat Textile Co., Ltd. manufactures and sells knitted fabrics and garments in the Americas, Asia, Europe, the Middle East, Africa, and internationally. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan. ECLAT TEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Eclat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eclat Textile. 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 Eclat Textile 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 Eclat Textile's important profitability drivers and their relationship over time.
Use Eclat Textile 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 Eclat Textile 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 Eclat Textile will appreciate offsetting losses from the drop in the long position's value.Eclat Textile Pair Trading
Eclat Textile Co Pair Trading Analysis
The ability to find closely correlated positions to Eclat Textile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eclat Textile 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 Eclat Textile - 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 Eclat Textile Co to buy it.
The correlation of Eclat Textile 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 Eclat Textile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eclat Textile 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 Eclat Textile 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 Eclat Textile position
In addition to having Eclat Textile 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 Utilities - Regulated Electric Thematic Idea Now
Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Eclat Stock Analysis
When running Eclat Textile's price analysis, check to measure Eclat Textile'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 Eclat Textile is operating at the current time. Most of Eclat Textile's value examination focuses on studying past and present price action to predict the probability of Eclat Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eclat Textile's price. Additionally, you may evaluate how the addition of Eclat Textile to your portfolios can decrease your overall portfolio volatility.