JCET Group EBITDA vs. Current Valuation

600584 Stock   39.98  1.11  2.86%   
Considering JCET Group's profitability and operating efficiency indicators, JCET Group Co may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess JCET Group's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
8.4 B
Current Value
5.7 B
Quarterly Volatility
1.5 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
For JCET Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JCET Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JCET Group Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JCET Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JCET Group Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between JCET Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if JCET Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JCET Group's 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.

JCET Group Current Valuation vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining JCET Group's current stock value. Our valuation model uses many indicators to compare JCET Group value to that of its competitors to determine the firm's financial worth.
JCET Group Co is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers reporting about  14.66  of Current Valuation per EBITDA. At present, JCET Group's EBITDA 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 JCET Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JCET Group's 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.

JCET Current Valuation vs. EBITDA

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.

JCET Group

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
5.01 B
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.
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.

JCET Group

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
73.52 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.

JCET Current Valuation vs Competition

JCET Group Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 143.7 Billion. JCET Group totals roughly 73.52 Billion in current valuation claiming about 51% of equities under Information Technology industry.

JCET Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in JCET Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, JCET Group will eventually generate negative long term returns. The profitability progress is the general direction of JCET Group's change in net profit over the period of time. It can combine multiple indicators of JCET Group, 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 Income1.8 B1.8 B
Income Before Tax1.5 B1.6 B
Net Income Applicable To Common Shares3.4 B3.6 B
Net Income1.5 B1.5 B
Income Tax Expense241.8 M253.9 M
Net Income From Continuing Ops1.5 B945.6 M
Total Other Income Expense Net-940 M-987 M
Net Interest Income-205.8 M-216.1 M
Interest Income111.6 M117.1 M
Change To Netincome86.8 M82.4 M

JCET Profitability Driver Comparison

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

Use JCET Group 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 JCET Group 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 JCET Group will appreciate offsetting losses from the drop in the long position's value.

JCET Group Pair Trading

JCET Group Co Pair Trading Analysis

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

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Other Information on Investing in JCET Stock

To fully project JCET Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JCET Group 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 JCET Group's income statement, its balance sheet, and the statement of cash flows.
Potential JCET Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although JCET Group investors may work on each financial statement separately, they are all related. The changes in JCET Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JCET Group'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.