Engro Polymer Total Asset vs. Revenue
| EPCL Stock | 39.91 0.39 0.97% |
For Engro Polymer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Engro Polymer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Engro Polymer Chemicals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Engro Polymer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Engro Polymer Chemicals over time as well as its relative position and ranking within its peers.
Engro |
Engro Polymer Chemicals Revenue vs. Total Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Engro Polymer's current stock value. Our valuation model uses many indicators to compare Engro Polymer value to that of its competitors to determine the firm's financial worth. Engro Polymer Chemicals is one of the top stocks in total asset category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 0.90 of Revenue per Total Asset. The ratio of Total Asset to Revenue for Engro Polymer Chemicals is roughly 1.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Engro Polymer by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Engro Polymer's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Engro Revenue 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 Polymer |
| = | 77.97 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.
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.
Engro Polymer |
| = | 70.02 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.
Engro Revenue vs Competition
Engro Polymer Chemicals is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Chemicals industry is currently estimated at about 193.04 Billion. Engro Polymer totals roughly 70.02 Billion in revenue claiming about 36% of stocks in Chemicals industry.
Engro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Engro Polymer. 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 Polymer 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 Polymer's important profitability drivers and their relationship over time.
| Total Asset vs EBITDA | ||
| Net Income vs Revenue | ||
| Total Asset vs Total Debt | ||
| Cash Flow From Operations vs Revenue |
Use Engro Polymer 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 Polymer 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 Polymer will appreciate offsetting losses from the drop in the long position's value.Engro Polymer Pair Trading
Engro Polymer Chemicals Pair Trading Analysis
The ability to find closely correlated positions to Engro Polymer 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 Polymer 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 Polymer - 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 Polymer Chemicals to buy it.
The correlation of Engro Polymer 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 Polymer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engro Polymer Chemicals 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 Polymer 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 Polymer position
In addition to having Engro Polymer 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Engro Stock
To fully project Engro Polymer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Engro Polymer Chemicals 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 Polymer's income statement, its balance sheet, and the statement of cash flows.