Hindcon Chemicals Return On Equity vs. Revenue
| HINDCON Stock | 45.04 0.25 0.55% |
For Hindcon Chemicals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hindcon Chemicals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hindcon Chemicals Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hindcon Chemicals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hindcon Chemicals Limited over time as well as its relative position and ranking within its peers.
Hindcon |
Hindcon Chemicals Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hindcon Chemicals's current stock value. Our valuation model uses many indicators to compare Hindcon Chemicals value to that of its competitors to determine the firm's financial worth. Hindcon Chemicals Limited is rated below average in return on equity category among its peers. It is rated below average in revenue category among its peers totaling about 4,832,164,794 of Revenue per Return On Equity. At this time, Hindcon Chemicals' Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Hindcon Chemicals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hindcon Chemicals' 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.Hindcon Revenue vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Hindcon Chemicals |
| = | 0.13 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Hindcon Chemicals |
| = | 645.09 M |
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.
Hindcon Revenue vs Competition
Hindcon Chemicals Limited is rated below average in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 1.51 Trillion. Hindcon Chemicals adds roughly 645.09 Million in revenue claiming only tiny portion of all equities under Materials industry.
Hindcon Chemicals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hindcon Chemicals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hindcon Chemicals will eventually generate negative long term returns. The profitability progress is the general direction of Hindcon Chemicals' change in net profit over the period of time. It can combine multiple indicators of Hindcon Chemicals, 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 | 45.4 M | 30.1 M | |
| Operating Income | 128.8 M | 135.3 M | |
| Income Before Tax | 83.5 M | 42.9 M | |
| Total Other Income Expense Net | -45.3 M | -43.1 M | |
| Net Income | 61.8 M | 40.8 M | |
| Income Tax Expense | 21.2 M | 12 M | |
| Interest Income | 578.5 K | 549.5 K | |
| Net Income Applicable To Common Shares | 49.7 M | 40.3 M | |
| Net Interest Income | -756 K | -718.2 K | |
| Net Income From Continuing Ops | 62.3 M | 46.1 M | |
| Change To Netincome | 5.8 M | 6.1 M |
Hindcon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hindcon Chemicals. 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 Hindcon Chemicals 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 Hindcon Chemicals' important profitability drivers and their relationship over time.
Use Hindcon Chemicals 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 Hindcon Chemicals 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 Hindcon Chemicals will appreciate offsetting losses from the drop in the long position's value.Hindcon Chemicals Pair Trading
Hindcon Chemicals Limited Pair Trading Analysis
The ability to find closely correlated positions to Hindcon Chemicals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hindcon Chemicals 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 Hindcon Chemicals - 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 Hindcon Chemicals Limited to buy it.
The correlation of Hindcon Chemicals 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 Hindcon Chemicals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hindcon 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 Hindcon Chemicals 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 Hindcon Chemicals position
In addition to having Hindcon Chemicals 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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Other Information on Investing in Hindcon Stock
To fully project Hindcon Chemicals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hindcon 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 Hindcon Chemicals' income statement, its balance sheet, and the statement of cash flows.