Macauto Industrial Revenue vs. Price To Earning
| 9951 Stock | TWD 53.80 0.40 0.75% |
For Macauto Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Macauto Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Macauto Industrial Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Macauto Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Macauto Industrial Co over time as well as its relative position and ranking within its peers.
Macauto |
Macauto Industrial Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Macauto Industrial's current stock value. Our valuation model uses many indicators to compare Macauto Industrial value to that of its competitors to determine the firm's financial worth. Macauto Industrial Co is the top company in revenue category among its peers. It also is number one stock in price to earning category among its peers . The ratio of Revenue to Price To Earning for Macauto Industrial Co is about 402,109,773 . 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 Macauto Industrial's earnings, one of the primary drivers of an investment's value.Macauto Revenue vs. Competition
Macauto Industrial Co is the top company in revenue category among its peers. Market size based on revenue of Auto Parts industry is presently estimated at about 195.88 Billion. Macauto Industrial holds roughly 4.77 Billion in revenue claiming about 2.44% of stocks in Auto Parts industry.
Macauto Price To Earning vs. Revenue
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.
Macauto Industrial |
| = | 4.77 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Macauto Industrial |
| = | 11.87 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Macauto Price To Earning Comparison
Macauto Industrial is currently under evaluation in price to earning category among its peers.
Macauto Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Macauto Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Macauto Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Macauto Industrial's change in net profit over the period of time. It can combine multiple indicators of Macauto Industrial, 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.
Macauto Industrial Co., Ltd. engages in the manufacture and sale of automotive sunshade products. Macauto Industrial Co., Ltd. was founded in 1979 and is headquartered in Tainan, Taiwan. MACAUTO INDUSTRIAL operates under Auto Parts classification in Taiwan and is traded on Taiwan OTC Exchange.
Macauto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Macauto Industrial. 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 Macauto Industrial 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 Macauto Industrial's important profitability drivers and their relationship over time.
Use Macauto Industrial 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 Macauto Industrial 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 Macauto Industrial will appreciate offsetting losses from the drop in the long position's value.Macauto Industrial Pair Trading
Macauto Industrial Co Pair Trading Analysis
The ability to find closely correlated positions to Macauto Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Macauto Industrial 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 Macauto Industrial - 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 Macauto Industrial Co to buy it.
The correlation of Macauto Industrial 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 Macauto Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Macauto Industrial 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 Macauto Industrial 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 Macauto Industrial position
In addition to having Macauto Industrial 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery 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 Machinery Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Macauto Stock Analysis
When running Macauto Industrial's price analysis, check to measure Macauto Industrial'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 Macauto Industrial is operating at the current time. Most of Macauto Industrial's value examination focuses on studying past and present price action to predict the probability of Macauto Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macauto Industrial's price. Additionally, you may evaluate how the addition of Macauto Industrial to your portfolios can decrease your overall portfolio volatility.