Rising Nonferrous Price To Sales vs. Revenue

600259 Stock   28.99  0.05  0.17%   
Based on Rising Nonferrous' profitability indicators, Rising Nonferrous Metals may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Rising Nonferrous' ability to earn profits and add value for shareholders.
For Rising Nonferrous profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rising Nonferrous to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rising Nonferrous Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rising Nonferrous's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rising Nonferrous Metals over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Rising Nonferrous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rising Nonferrous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rising Nonferrous' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Rising Nonferrous Metals Revenue vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Rising Nonferrous's current stock value. Our valuation model uses many indicators to compare Rising Nonferrous value to that of its competitors to determine the firm's financial worth.
Rising Nonferrous Metals is rated below average in price to sales category among its peers. It is rated below average in revenue category among its peers totaling about  29,824,054,226  of Revenue per Price To Sales. At present, Rising Nonferrous' Total Revenue is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Rising Nonferrous by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rising Nonferrous' 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.

Rising Revenue vs. Price To Sales

Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Rising Nonferrous

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.70 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.

Rising Nonferrous

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
20.81 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.

Rising Revenue vs Competition

Rising Nonferrous Metals is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 1.41 Trillion. Rising Nonferrous claims roughly 20.81 Billion in revenue contributing just under 2% to all equities under Materials industry.

Rising Nonferrous Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Rising Nonferrous, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rising Nonferrous will eventually generate negative long term returns. The profitability progress is the general direction of Rising Nonferrous' change in net profit over the period of time. It can combine multiple indicators of Rising Nonferrous, 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.
Last ReportedProjected for Next Year
Operating Income312.4 M328 M
Income Before Tax293.5 M308.2 M
Net Income Applicable To Common Shares125.2 M131.4 M
Net Income203.4 M213.6 M
Income Tax Expense47 M49.4 M
Net Income From Continuing Ops213.9 M224.6 M
Total Other Income Expense Net-22.6 M-21.5 M
Net Interest Income-77.5 M-81.4 M
Interest Income11 M9.9 M
Change To Netincome44.7 M75.8 M

Rising Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Rising Nonferrous. 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 Rising Nonferrous 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 Rising Nonferrous' important profitability drivers and their relationship over time.

Use Rising Nonferrous 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 Rising Nonferrous 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 Rising Nonferrous will appreciate offsetting losses from the drop in the long position's value.

Rising Nonferrous Pair Trading

Rising Nonferrous Metals Pair Trading Analysis

The ability to find closely correlated positions to Rising Nonferrous could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rising Nonferrous 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 Rising Nonferrous - 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 Rising Nonferrous Metals to buy it.
The correlation of Rising Nonferrous 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 Rising Nonferrous moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rising Nonferrous Metals 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 Rising Nonferrous 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Rising Nonferrous position

In addition to having Rising Nonferrous 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 Restaraunts Hotels Motels Thematic Idea Now

Restaraunts Hotels Motels
Restaraunts Hotels Motels Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Rising Stock

To fully project Rising Nonferrous' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rising Nonferrous Metals 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 Rising Nonferrous' income statement, its balance sheet, and the statement of cash flows.
Potential Rising Nonferrous investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Rising Nonferrous investors may work on each financial statement separately, they are all related. The changes in Rising Nonferrous's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rising Nonferrous's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.