Nitto Denko Revenue vs. Profit Margin
| NDEKY Stock | USD 15.88 0.60 3.64% |
For Nitto Denko profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nitto Denko to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nitto Denko Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nitto Denko's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nitto Denko Corp over time as well as its relative position and ranking within its peers.
Nitto |
Nitto Denko Corp Profit Margin vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nitto Denko's current stock value. Our valuation model uses many indicators to compare Nitto Denko value to that of its competitors to determine the firm's financial worth. Nitto Denko Corp is rated top company in revenue category among its peers. It also is considered to be number one stock in profit margin category among its peers . The ratio of Revenue to Profit Margin for Nitto Denko Corp is about 7,024,263,374,486 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nitto Denko by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nitto Denko's Pink Sheet. 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.Nitto Revenue vs. Competition
Nitto Denko Corp is rated top company in revenue category among its peers. Market size based on revenue of Specialty Chemicals industry is now estimated at about 955.84 Billion. Nitto Denko totals roughly 853.45 Billion in revenue claiming about 89% of equities listed under Specialty Chemicals industry.
Nitto Profit Margin vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nitto Denko |
| = | 853.45 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Nitto Denko |
| = | 0.12 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Nitto Profit Margin Comparison
Nitto Denko is currently under evaluation in profit margin category among its peers.
Nitto Denko Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nitto Denko, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nitto Denko will eventually generate negative long term returns. The profitability progress is the general direction of Nitto Denko's change in net profit over the period of time. It can combine multiple indicators of Nitto Denko, 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.
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.
Nitto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nitto Denko. 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 Nitto Denko 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 Nitto Denko's important profitability drivers and their relationship over time.
Use Nitto Denko 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 Nitto Denko 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 Nitto Denko will appreciate offsetting losses from the drop in the long position's value.Nitto Denko Pair Trading
Nitto Denko Corp Pair Trading Analysis
The ability to find closely correlated positions to Nitto Denko could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nitto Denko 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 Nitto Denko - 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 Nitto Denko Corp to buy it.
The correlation of Nitto Denko 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 Nitto Denko moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nitto Denko Corp 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 Nitto Denko 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 Nitto Denko position
In addition to having Nitto Denko 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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Additional Tools for Nitto Pink Sheet Analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.