Agro Tech Return On Asset vs. Net Income
| ATFL Stock | 883.20 17.75 1.97% |
For Agro Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Agro Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Agro Tech Foods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Agro Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Agro Tech Foods over time as well as its relative position and ranking within its peers.
Agro |
Agro Tech Foods Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Agro Tech's current stock value. Our valuation model uses many indicators to compare Agro Tech value to that of its competitors to determine the firm's financial worth. Agro Tech Foods is number one stock in return on asset category among its peers. It also is number one stock in net income category among its peers making up about 20,019,230,769 of Net Income per Return On Asset. At this time, Agro Tech's Net Income is comparatively stable compared to the past year. 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 Agro Tech's earnings, one of the primary drivers of an investment's value.Agro Net Income vs. Return On Asset
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.
Agro Tech |
| = | 0.0052 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Agro Tech |
| = | 104.1 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Agro Net Income Comparison
Agro Tech is currently under evaluation in net income category among its peers.
Agro Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Agro Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Agro Tech will eventually generate negative long term returns. The profitability progress is the general direction of Agro Tech's change in net profit over the period of time. It can combine multiple indicators of Agro Tech, 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 | ||
| Accumulated Other Comprehensive Income | 48.3 M | 50.7 M | |
| Operating Income | 139.6 M | 132.6 M | |
| Income Before Tax | 143.1 M | 135.9 M | |
| Total Other Income Expense Net | 3.4 M | 3.6 M | |
| Net Income | 104.1 M | 98.9 M | |
| Income Tax Expense | 39 M | 37 M | |
| Net Income From Continuing Ops | 104.1 M | 98.9 M | |
| Net Income Applicable To Common Shares | 135.7 M | 241.8 M | |
| Interest Income | 3 M | 2.8 M | |
| Net Interest Income | -28.8 M | -30.2 M | |
| Change To Netincome | -20.2 M | -19.2 M |
Agro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Agro Tech. 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 Agro Tech 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 Agro Tech's important profitability drivers and their relationship over time.
Use Agro Tech 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 Agro Tech 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 Agro Tech will appreciate offsetting losses from the drop in the long position's value.Agro Tech Pair Trading
Agro Tech Foods Pair Trading Analysis
The ability to find closely correlated positions to Agro Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agro Tech 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 Agro Tech - 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 Agro Tech Foods to buy it.
The correlation of Agro Tech 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 Agro Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agro Tech Foods 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 Agro Tech 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 Agro Tech position
In addition to having Agro Tech 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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Health Management
Major hospitals and healthcare providers. The Health Management theme has 41 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 Health Management Theme or any other thematic opportunities.
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Additional Tools for Agro Stock Analysis
When running Agro Tech's price analysis, check to measure Agro Tech'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 Agro Tech is operating at the current time. Most of Agro Tech's value examination focuses on studying past and present price action to predict the probability of Agro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agro Tech's price. Additionally, you may evaluate how the addition of Agro Tech to your portfolios can decrease your overall portfolio volatility.