Kung Long Current Valuation vs. EBITDA
| 1537 Stock | TWD 159.00 1.00 0.62% |
For Kung Long profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kung Long to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kung Long Batteries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kung Long's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kung Long Batteries over time as well as its relative position and ranking within its peers.
Kung |
Kung Long Batteries EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kung Long's current stock value. Our valuation model uses many indicators to compare Kung Long value to that of its competitors to determine the firm's financial worth. Kung Long Batteries is rated fourth in current valuation category among its peers. It also is rated fourth in ebitda category among its peers totaling about 0.10 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Kung Long Batteries is roughly 10.05 . 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 Kung Long's earnings, one of the primary drivers of an investment's value.Kung Current Valuation vs. Competition
Kung Long Batteries is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 335.51 Billion. Kung Long holds roughly 9.72 Billion in current valuation claiming about 2.9% of equities under Industrials industry.
Kung EBITDA 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.
Kung Long |
| = | 9.72 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Kung Long |
| = | 968.11 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Kung EBITDA Comparison
Kung Long is currently under evaluation in ebitda category among its peers.
Kung Long Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kung Long, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kung Long will eventually generate negative long term returns. The profitability progress is the general direction of Kung Long's change in net profit over the period of time. It can combine multiple indicators of Kung Long, 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.
Kung Long Batteries Industrial Co., Ltd. manufactures and sells lead-acid batteries in Taiwan. The company was founded in 1990 and is headquartered in Nantou City, Taiwan. KUNG LONG operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 4175 people.
Kung Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kung Long. 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 Kung Long 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 Kung Long's important profitability drivers and their relationship over time.
Use Kung Long 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 Kung Long 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 Kung Long will appreciate offsetting losses from the drop in the long position's value.Kung Long Pair Trading
Kung Long Batteries Pair Trading Analysis
The ability to find closely correlated positions to Kung Long could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kung Long 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 Kung Long - 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 Kung Long Batteries to buy it.
The correlation of Kung Long 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 Kung Long moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kung Long Batteries 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 Kung Long 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 Kung Long position
In addition to having Kung Long 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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Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 15 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 Raw Materials Theme or any other thematic opportunities.
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Additional Tools for Kung Stock Analysis
When running Kung Long's price analysis, check to measure Kung Long'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 Kung Long is operating at the current time. Most of Kung Long's value examination focuses on studying past and present price action to predict the probability of Kung Long's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kung Long's price. Additionally, you may evaluate how the addition of Kung Long to your portfolios can decrease your overall portfolio volatility.