Kordsa Global Gross Profit vs. Return On Asset
| KORDS Stock | TRY 74.40 0.80 1.09% |
For Kordsa Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kordsa Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kordsa Global Endustriyel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kordsa Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kordsa Global Endustriyel over time as well as its relative position and ranking within its peers.
Kordsa |
Kordsa Global Endustriyel Return On Asset vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kordsa Global's current stock value. Our valuation model uses many indicators to compare Kordsa Global value to that of its competitors to determine the firm's financial worth. Kordsa Global Endustriyel is currently regarded as number one stock in gross profit category among its peers. It is rated third overall in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Kordsa Global Endustriyel is about 25,658,769,333 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kordsa Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kordsa Global'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.Kordsa Return On Asset vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Kordsa Global |
| = | 1.73 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Kordsa Global |
| = | 0.0675 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Kordsa Return On Asset Comparison
Kordsa Global is currently under evaluation in return on asset category among its peers.
Kordsa Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kordsa Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kordsa Global will eventually generate negative long term returns. The profitability progress is the general direction of Kordsa Global's change in net profit over the period of time. It can combine multiple indicators of Kordsa Global, 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.
Kordsa Teknik Tekstil Anonim Sirketi manufactures and sells carcass and industrial fabrics. Kordsa Teknik Tekstil Anonim Sirketi is a subsidiary of Haci mer Sabanci Holding A.S. KORDSA TEKNIK operates under Textile Manufacturing classification in Turkey and is traded on Istanbul Stock Exchange. It employs 4415 people.
Kordsa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kordsa Global. 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 Kordsa Global 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 Kordsa Global's important profitability drivers and their relationship over time.
Use Kordsa Global 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 Kordsa Global 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 Kordsa Global will appreciate offsetting losses from the drop in the long position's value.Kordsa Global Pair Trading
Kordsa Global Endustriyel Pair Trading Analysis
The ability to find closely correlated positions to Kordsa Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kordsa Global 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 Kordsa Global - 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 Kordsa Global Endustriyel to buy it.
The correlation of Kordsa Global 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 Kordsa Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kordsa Global Endustriyel 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 Kordsa Global 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 Kordsa Global position
In addition to having Kordsa Global 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 Currency Funds Thematic Idea Now
Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 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 Currency Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Kordsa Stock
To fully project Kordsa Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kordsa Global Endustriyel 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 Kordsa Global's income statement, its balance sheet, and the statement of cash flows.