Kewal Kiran Current Valuation vs. Net Income
| KKCL Stock | 626.75 6.30 1.00% |
For Kewal Kiran profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kewal Kiran to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kewal Kiran Clothing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kewal Kiran's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kewal Kiran Clothing over time as well as its relative position and ranking within its peers.
Kewal |
Kewal Kiran Clothing Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kewal Kiran's current stock value. Our valuation model uses many indicators to compare Kewal Kiran value to that of its competitors to determine the firm's financial worth. Kewal Kiran Clothing is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 0.04 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Kewal Kiran Clothing is roughly 23.82 . At this time, Kewal Kiran's Net Income is comparatively stable compared to the past year. 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 Kewal Kiran's earnings, one of the primary drivers of an investment's value.Kewal Current Valuation vs. Competition
Kewal Kiran Clothing 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 now estimated at about 760.11 Billion. Kewal Kiran holds roughly 36.71 Billion in current valuation claiming about 5% of stocks in Consumer Discretionary industry.
Kewal Net Income 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.
Kewal Kiran |
| = | 36.71 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Kewal Kiran |
| = | 1.54 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Kewal Net Income Comparison
Kewal Kiran is currently under evaluation in net income category among its peers.
Kewal Kiran Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kewal Kiran, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kewal Kiran will eventually generate negative long term returns. The profitability progress is the general direction of Kewal Kiran's change in net profit over the period of time. It can combine multiple indicators of Kewal Kiran, 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 | 1.2 B | 1.3 B | |
| Net Income Applicable To Common Shares | 1.4 B | 1.4 B | |
| Net Income | 1.5 B | 1.6 B | |
| Operating Income | 1.8 B | 1.9 B | |
| Income Before Tax | 2 B | 2.1 B | |
| Income Tax Expense | 451.5 M | 241 M | |
| Total Other Income Expense Net | 220.8 M | 231.8 M | |
| Interest Income | 58.8 M | 72 M | |
| Net Income From Continuing Ops | 1.5 B | 921.8 M | |
| Net Interest Income | -43.6 M | -45.8 M | |
| Change To Netincome | -54.2 M | -56.9 M |
Kewal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kewal Kiran. 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 Kewal Kiran 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 Kewal Kiran's important profitability drivers and their relationship over time.
Use Kewal Kiran 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 Kewal Kiran 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 Kewal Kiran will appreciate offsetting losses from the drop in the long position's value.Kewal Kiran Pair Trading
Kewal Kiran Clothing Pair Trading Analysis
The ability to find closely correlated positions to Kewal Kiran could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kewal Kiran 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 Kewal Kiran - 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 Kewal Kiran Clothing to buy it.
The correlation of Kewal Kiran 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 Kewal Kiran moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kewal Kiran Clothing 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 Kewal Kiran 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 Kewal Kiran position
In addition to having Kewal Kiran 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 Education Thematic Idea Now
Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 42 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 Education Theme or any other thematic opportunities.
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Additional Tools for Kewal Stock Analysis
When running Kewal Kiran's price analysis, check to measure Kewal Kiran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kewal Kiran is operating at the current time. Most of Kewal Kiran's value examination focuses on studying past and present price action to predict the probability of Kewal Kiran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kewal Kiran's price. Additionally, you may evaluate how the addition of Kewal Kiran to your portfolios can decrease your overall portfolio volatility.