Hengdian Entertainment Price To Sales vs. Current Valuation
| 603103 Stock | 15.62 0.27 1.76% |
For Hengdian Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hengdian Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hengdian Entertainment Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hengdian Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hengdian Entertainment Co over time as well as its relative position and ranking within its peers.
Hengdian |
Hengdian Entertainment Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hengdian Entertainment's current stock value. Our valuation model uses many indicators to compare Hengdian Entertainment value to that of its competitors to determine the firm's financial worth. Hengdian Entertainment Co is number one stock in price to sales category among its peers. It also is the top company in current valuation category among its peers reporting about 2,187,312,521 of Current Valuation per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hengdian Entertainment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hengdian Entertainment'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.Hengdian Current Valuation 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.
Hengdian Entertainment |
| = | 4.92 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.
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.
Hengdian Entertainment |
| = | 10.77 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.
Hengdian Current Valuation vs Competition
Hengdian Entertainment Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is presently estimated at about 208.25 Billion. Hengdian Entertainment holds roughly 10.77 Billion in current valuation claiming about 5% of stocks in Communication Services industry.
Hengdian Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hengdian Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hengdian Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of Hengdian Entertainment's change in net profit over the period of time. It can combine multiple indicators of Hengdian Entertainment, 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 Reported | Projected for Next Year | ||
| Operating Income | 238.6 M | 139.5 M | |
| Income Before Tax | 176.8 M | 135.7 M | |
| Income Tax Expense | 14.3 M | 13.6 M | |
| Net Interest Income | -95.5 M | -90.7 M | |
| Interest Income | 14 M | 11.8 M | |
| Net Income From Continuing Ops | 165.9 M | 174.1 M | |
| Net Income Applicable To Common Shares | 12.3 M | 11.7 M | |
| Net Income | 165.9 M | 174.1 M | |
| Change To Netincome | 171 M | 179.5 M |
Hengdian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hengdian Entertainment. 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 Hengdian Entertainment 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 Hengdian Entertainment's important profitability drivers and their relationship over time.
Use Hengdian Entertainment 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 Hengdian Entertainment 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 Hengdian Entertainment will appreciate offsetting losses from the drop in the long position's value.Hengdian Entertainment Pair Trading
Hengdian Entertainment Co Pair Trading Analysis
The ability to find closely correlated positions to Hengdian Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hengdian Entertainment 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 Hengdian Entertainment - 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 Hengdian Entertainment Co to buy it.
The correlation of Hengdian Entertainment 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 Hengdian Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hengdian Entertainment 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 Hengdian Entertainment 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 Hengdian Entertainment position
In addition to having Hengdian Entertainment 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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Other Information on Investing in Hengdian Stock
To fully project Hengdian Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hengdian Entertainment 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 Hengdian Entertainment's income statement, its balance sheet, and the statement of cash flows.