Planet Technology EBITDA vs. Return On Asset

6263 Stock  TWD 153.00  1.50  0.97%   
Based on the key profitability measurements obtained from Planet Technology's financial statements, Planet Technology may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Planet Technology's ability to earn profits and add value for shareholders.
For Planet Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Planet Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Planet Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Planet Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Planet Technology 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 Planet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Planet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Planet Technology'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.

Planet Technology Return On Asset vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Planet Technology's current stock value. Our valuation model uses many indicators to compare Planet Technology value to that of its competitors to determine the firm's financial worth.
Planet Technology is number one stock in ebitda category among its peers. It also is number one stock in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Planet Technology is about  2,534,121,212 . 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 Planet Technology's earnings, one of the primary drivers of an investment's value.

Planet Return On Asset 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.

Planet Technology

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
418.13 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.
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.

Planet Technology

Return On Asset

 = 

Net Income

Total Assets

 = 
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.

Planet Return On Asset Comparison

Planet Technology is currently under evaluation in return on asset category among its peers.

Planet Technology Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Planet Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Planet Technology will eventually generate negative long term returns. The profitability progress is the general direction of Planet Technology's change in net profit over the period of time. It can combine multiple indicators of Planet Technology, 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.
Planet Technology Corporation provides IP-based networking products and solutions for small-to-medium-sized businesses, enterprises, and SOHO markets worldwide. The company was founded in 1993 and is based in New Taipei City, Taiwan. PLANET TECHNOLOGY operates under Communication Equipment classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 151 people.

Planet Profitability Driver Comparison

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

Use Planet Technology 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 Planet Technology 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 Planet Technology will appreciate offsetting losses from the drop in the long position's value.

Planet Technology Pair Trading

Planet Technology Pair Trading Analysis

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

In addition to having Planet Technology 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.

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Tips ETFs
Tips ETFs Theme
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Additional Tools for Planet Stock Analysis

When running Planet Technology's price analysis, check to measure Planet Technology'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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.