Eternal Energy Current Valuation vs. Gross Profit
| EE Stock | THB 0.58 0.02 3.57% |
For Eternal Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eternal Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eternal Energy Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eternal Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eternal Energy Public over time as well as its relative position and ranking within its peers.
Eternal |
Eternal Energy Public Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eternal Energy's current stock value. Our valuation model uses many indicators to compare Eternal Energy value to that of its competitors to determine the firm's financial worth. Eternal Energy Public is rated as one of the top companies in current valuation category among its peers. It is rated # 3 in gross profit category among its peers . The ratio of Current Valuation to Gross Profit for Eternal Energy Public is about 354.14 . 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 Eternal Energy's earnings, one of the primary drivers of an investment's value.Eternal Current Valuation vs. Competition
Eternal Energy Public is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is currently estimated at about 199.01 Billion. Eternal Energy maintains roughly 1.44 Billion in current valuation contributing less than 1% to equities under Energy industry.
Eternal Gross Profit vs. Current Valuation
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.
Eternal Energy |
| = | 1.44 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Eternal Energy |
| = | 4.08 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Eternal Gross Profit Comparison
Eternal Energy is currently under evaluation in gross profit category among its peers.
Eternal Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eternal Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eternal Energy will eventually generate negative long term returns. The profitability progress is the general direction of Eternal Energy's change in net profit over the period of time. It can combine multiple indicators of Eternal Energy, 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.
Eternal Energy Public Company Limited engages in the cassava plantation activities in Thailand. Eternal Energy Public Company Limited is headquartered in Bangkok, Thailand. ETERNAL ENERGY operates under Farm Products classification in Thailand and is traded on Stock Exchange of Thailand.
Eternal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eternal Energy. 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 Eternal Energy 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 Eternal Energy's important profitability drivers and their relationship over time.
Use Eternal Energy 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 Eternal Energy 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 Eternal Energy will appreciate offsetting losses from the drop in the long position's value.Eternal Energy Pair Trading
Eternal Energy Public Pair Trading Analysis
The ability to find closely correlated positions to Eternal Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eternal Energy 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 Eternal Energy - 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 Eternal Energy Public to buy it.
The correlation of Eternal Energy 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 Eternal Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eternal Energy Public 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 Eternal Energy 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 Eternal Energy position
In addition to having Eternal Energy 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 43 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 Office Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Eternal Stock
To fully project Eternal Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eternal Energy Public 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 Eternal Energy's income statement, its balance sheet, and the statement of cash flows.