Engro Fertilizers Total Asset vs. EBITDA
| EFERT Stock | 199.29 2.17 1.08% |
For Engro Fertilizers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Engro Fertilizers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Engro Fertilizers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Engro Fertilizers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Engro Fertilizers over time as well as its relative position and ranking within its peers.
Engro |
Engro Fertilizers EBITDA vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Engro Fertilizers's current stock value. Our valuation model uses many indicators to compare Engro Fertilizers value to that of its competitors to determine the firm's financial worth. Engro Fertilizers is one of the top stocks in total asset category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 0.26 of EBITDA per Total Asset. The ratio of Total Asset to EBITDA for Engro Fertilizers is roughly 3.86 . 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 Engro Fertilizers' earnings, one of the primary drivers of an investment's value.Engro EBITDA vs. Total Asset
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Engro Fertilizers |
| = | 132.82 B |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
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.
Engro Fertilizers |
| = | 34.44 B |
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.
Engro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Engro Fertilizers. 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 Engro Fertilizers 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 Engro Fertilizers' important profitability drivers and their relationship over time.
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Use Engro Fertilizers 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 Engro Fertilizers 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 Engro Fertilizers will appreciate offsetting losses from the drop in the long position's value.Engro Fertilizers Pair Trading
Engro Fertilizers Pair Trading Analysis
The ability to find closely correlated positions to Engro Fertilizers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Engro Fertilizers 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 Engro Fertilizers - 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 Engro Fertilizers to buy it.
The correlation of Engro Fertilizers 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 Engro Fertilizers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engro Fertilizers 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 Engro Fertilizers 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 Engro Fertilizers position
In addition to having Engro Fertilizers 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores 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 Stores Theme or any other thematic opportunities.
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Other Information on Investing in Engro Stock
To fully project Engro Fertilizers' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Engro Fertilizers 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 Engro Fertilizers' income statement, its balance sheet, and the statement of cash flows.