Ingress Industrial Current Valuation vs. Cash And Equivalents
| INGRS Stock | THB 0.36 0.03 9.09% |
For Ingress Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ingress Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ingress Industrial Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ingress Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ingress Industrial Public over time as well as its relative position and ranking within its peers.
Ingress |
Ingress Industrial Public Cash And Equivalents vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ingress Industrial's current stock value. Our valuation model uses many indicators to compare Ingress Industrial value to that of its competitors to determine the firm's financial worth. Ingress Industrial Public is considered the number one company in current valuation category among its peers. It is rated second overall in cash and equivalents category among its peers creating about 0.08 of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for Ingress Industrial Public is roughly 12.71 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ingress Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ingress Industrial'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.Ingress Current Valuation vs. Competition
Ingress Industrial Public is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 33.39 Billion. Ingress Industrial holds roughly 3.33 Billion in current valuation claiming about 10% of stocks in Consumer Discretionary industry.
Ingress Cash And Equivalents 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.
Ingress Industrial |
| = | 3.33 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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Ingress Industrial |
| = | 262.28 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Ingress Cash And Equivalents Comparison
Ingress Industrial is currently under evaluation in cash and equivalents category among its peers.
Ingress Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ingress Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ingress Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Ingress Industrial's change in net profit over the period of time. It can combine multiple indicators of Ingress Industrial, 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.
Ingress Industrial Public Company Limited, an investment holding company, engages in the manufacture and distribution of automotive components in Thailand, Malaysia, Indonesia, and India. Ingress Industrial Public Company Limited is a subsidiary of Ingress Corporation Berhad. INGRESS INDUSTRIAL operates under Auto Parts classification in Thailand and is traded on Stock Exchange of Thailand.
Ingress Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ingress Industrial. 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 Ingress Industrial 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 Ingress Industrial's important profitability drivers and their relationship over time.
Use Ingress Industrial 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 Ingress Industrial 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 Ingress Industrial will appreciate offsetting losses from the drop in the long position's value.Ingress Industrial Pair Trading
Ingress Industrial Public Pair Trading Analysis
The ability to find closely correlated positions to Ingress Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingress Industrial 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 Ingress Industrial - 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 Ingress Industrial Public to buy it.
The correlation of Ingress Industrial 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 Ingress Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingress Industrial 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 Ingress Industrial 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 Ingress Industrial position
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Other Information on Investing in Ingress Stock
To fully project Ingress Industrial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ingress Industrial 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 Ingress Industrial's income statement, its balance sheet, and the statement of cash flows.