Alkim Kagit Price To Sales vs. Return On Asset
| ALKA Stock | TRY 8.40 0.10 1.18% |
For Alkim Kagit profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alkim Kagit to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alkim Kagit Sanayi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alkim Kagit's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alkim Kagit Sanayi over time as well as its relative position and ranking within its peers.
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Alkim Kagit Sanayi Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alkim Kagit's current stock value. Our valuation model uses many indicators to compare Alkim Kagit value to that of its competitors to determine the firm's financial worth. Alkim Kagit Sanayi is number one stock in price to sales category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.13 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Alkim Kagit Sanayi is roughly 7.65 . 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 Alkim Kagit's earnings, one of the primary drivers of an investment's value.Alkim Return On Asset 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.
Alkim Kagit |
| = | 4.11 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.
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.
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| = | 0.54 |
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.
Alkim Return On Asset Comparison
Alkim Kagit is currently under evaluation in return on asset category among its peers.
Alkim Kagit Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alkim Kagit, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alkim Kagit will eventually generate negative long term returns. The profitability progress is the general direction of Alkim Kagit's change in net profit over the period of time. It can combine multiple indicators of Alkim Kagit, 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.
Alkim Kagit Sanayi ve Ticaret AS manufactures and sells woodfree offset, coated, office, and special papers primarily in Turkey. Alkim Kagit Sanayi ve Ticaret AS is a subsidiary of Alkim Alkali Kimya A.S. ALKIM KAGIT operates under Paper Paper Products classification in Turkey and is traded on Istanbul Stock Exchange. It employs 209 people.
Alkim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alkim Kagit. 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 Alkim Kagit 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 Alkim Kagit's important profitability drivers and their relationship over time.
Use Alkim Kagit 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 Alkim Kagit 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 Alkim Kagit will appreciate offsetting losses from the drop in the long position's value.Alkim Kagit Pair Trading
Alkim Kagit Sanayi Pair Trading Analysis
The ability to find closely correlated positions to Alkim Kagit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkim Kagit 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 Alkim Kagit - 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 Alkim Kagit Sanayi to buy it.
The correlation of Alkim Kagit 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 Alkim Kagit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkim Kagit Sanayi 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 Alkim Kagit 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 Alkim Kagit position
In addition to having Alkim Kagit 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 Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 31 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 Small Value Funds Theme or any other thematic opportunities.
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Additional Tools for Alkim Stock Analysis
When running Alkim Kagit's price analysis, check to measure Alkim Kagit'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 Alkim Kagit is operating at the current time. Most of Alkim Kagit's value examination focuses on studying past and present price action to predict the probability of Alkim Kagit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkim Kagit's price. Additionally, you may evaluate how the addition of Alkim Kagit to your portfolios can decrease your overall portfolio volatility.