Karsan Otomotiv EBITDA vs. Price To Book
| KARSN Stock | TRY 12.53 0.14 1.10% |
For Karsan Otomotiv profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Karsan Otomotiv to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Karsan Otomotiv Sanayi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Karsan Otomotiv's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Karsan Otomotiv Sanayi over time as well as its relative position and ranking within its peers.
Karsan |
Karsan Otomotiv Sanayi Price To Book vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Karsan Otomotiv's current stock value. Our valuation model uses many indicators to compare Karsan Otomotiv value to that of its competitors to determine the firm's financial worth. Karsan Otomotiv Sanayi is currently regarded as number one stock in ebitda category among its peers. It also is currently regarded as number one stock in price to book category among its peers . The ratio of EBITDA to Price To Book for Karsan Otomotiv Sanayi is about 45,980,480 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Karsan Otomotiv by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Karsan Otomotiv'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.Karsan Price To Book vs. EBITDA
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.
Karsan Otomotiv |
| = | 318.47 M |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Karsan Otomotiv |
| = | 6.93 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Karsan Price To Book Comparison
Karsan Otomotiv is currently under evaluation in price to book category among its peers.
Karsan Otomotiv Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Karsan Otomotiv, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Karsan Otomotiv will eventually generate negative long term returns. The profitability progress is the general direction of Karsan Otomotiv's change in net profit over the period of time. It can combine multiple indicators of Karsan Otomotiv, 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.
Karsan Otomotiv Sanayii ve Ticaret A.S. manufactures and sells motor vehicles and spare parts in Turkey. Karsan Otomotiv Sanayii ve Ticaret A.S. is a subsidiary of Kiraca Holding AS. KARSAN OTOMOTIV operates under Auto Manufacturers classification in Turkey and is traded on Istanbul Stock Exchange.
Karsan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Karsan Otomotiv. 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 Karsan Otomotiv 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 Karsan Otomotiv's important profitability drivers and their relationship over time.
Use Karsan Otomotiv 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 Karsan Otomotiv 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 Karsan Otomotiv will appreciate offsetting losses from the drop in the long position's value.Karsan Otomotiv Pair Trading
Karsan Otomotiv Sanayi Pair Trading Analysis
The ability to find closely correlated positions to Karsan Otomotiv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Karsan Otomotiv 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 Karsan Otomotiv - 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 Karsan Otomotiv Sanayi to buy it.
The correlation of Karsan Otomotiv 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 Karsan Otomotiv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Karsan Otomotiv Sanayi 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 Karsan Otomotiv 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 Karsan Otomotiv position
In addition to having Karsan Otomotiv 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 Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
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Other Information on Investing in Karsan Stock
To fully project Karsan Otomotiv's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Karsan Otomotiv Sanayi 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 Karsan Otomotiv's income statement, its balance sheet, and the statement of cash flows.