Kardemir Karabuk Gross Profit vs. Price To Book
| KRDMD Stock | TRY 30.48 1.18 4.03% |
For Kardemir Karabuk profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kardemir Karabuk to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kardemir Karabuk Demir utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kardemir Karabuk's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kardemir Karabuk Demir over time as well as its relative position and ranking within its peers.
Kardemir |
Kardemir Karabuk Demir Price To Book vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kardemir Karabuk's current stock value. Our valuation model uses many indicators to compare Kardemir Karabuk value to that of its competitors to determine the firm's financial worth. Kardemir Karabuk Demir is currently regarded as number one stock in gross profit category among its peers. It also is currently regarded as number one stock in price to book category among its peers . The ratio of Gross Profit to Price To Book for Kardemir Karabuk Demir is about 2,543,936,760 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kardemir Karabuk by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kardemir Karabuk'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.Kardemir Price To Book 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.
Kardemir Karabuk |
| = | 4.77 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.
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.
Kardemir Karabuk |
| = | 1.88 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.
Kardemir Price To Book Comparison
Kardemir Karabuk is currently under evaluation in price to book category among its peers.
Kardemir Karabuk Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kardemir Karabuk, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kardemir Karabuk will eventually generate negative long term returns. The profitability progress is the general direction of Kardemir Karabuk's change in net profit over the period of time. It can combine multiple indicators of Kardemir Karabuk, 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.
Kardemir Karabk Demir elik Sanayi Ve Ticaret A.S. produces and sells iron and steel products in Turkey. Kardemir Karabk Demir elik Sanayi Ve Ticaret A.S. was founded in 1937 and is headquartered in Karabk, Turkey. KARDEMIR operates under Steel classification in Turkey and is traded on Istanbul Stock Exchange. It employs 4589 people.
Kardemir Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kardemir Karabuk. 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 Kardemir Karabuk 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 Kardemir Karabuk's important profitability drivers and their relationship over time.
Use Kardemir Karabuk 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 Kardemir Karabuk 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 Kardemir Karabuk will appreciate offsetting losses from the drop in the long position's value.Kardemir Karabuk Pair Trading
Kardemir Karabuk Demir Pair Trading Analysis
The ability to find closely correlated positions to Kardemir Karabuk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kardemir Karabuk 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 Kardemir Karabuk - 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 Kardemir Karabuk Demir to buy it.
The correlation of Kardemir Karabuk 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 Kardemir Karabuk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kardemir Karabuk Demir 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 Kardemir Karabuk 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 Kardemir Karabuk position
In addition to having Kardemir Karabuk 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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Data Storage
Companies making data storages or providing data storage services. The Data Storage 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 Data Storage Theme or any other thematic opportunities.
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Other Information on Investing in Kardemir Stock
To fully project Kardemir Karabuk's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kardemir Karabuk Demir 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 Kardemir Karabuk's income statement, its balance sheet, and the statement of cash flows.