KCE EL Cash Per Share vs. Price To Earning
| NVPA Stock | EUR 0.63 0.07 12.50% |
For KCE EL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KCE EL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KCE EL PCL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KCE EL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KCE EL PCL over time as well as its relative position and ranking within its peers.
KCE |
KCE EL PCL Price To Earning vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KCE EL's current stock value. Our valuation model uses many indicators to compare KCE EL value to that of its competitors to determine the firm's financial worth. KCE EL PCL is considered to be number one stock in cash per share category among its peers. It also is considered to be number one stock in price to earning category among its peers reporting about 18.50 of Price To Earning per Cash Per Share. 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 KCE EL's earnings, one of the primary drivers of an investment's value.KCE Price To Earning vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
KCE EL |
| = | 0.12 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
KCE EL |
| = | 2.22 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
KCE Price To Earning Comparison
KCE EL is currently under evaluation in price to earning category among its peers.
KCE EL Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KCE EL, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KCE EL will eventually generate negative long term returns. The profitability progress is the general direction of KCE EL's change in net profit over the period of time. It can combine multiple indicators of KCE EL, 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.
KCE Electronics Public Company Limited, together with its subsidiaries, manufactures and distributes electric printed circuit boards under the KCE trademark worldwide. KCE Electronics Public Company Limited was founded in 1982 and is based in Bangkok, Thailand. KCE Electronics operates under Contract Manufacturers classification in Germany and is traded on Frankfurt Stock Exchange.
KCE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KCE EL. 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 KCE EL 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 KCE EL's important profitability drivers and their relationship over time.
Use KCE EL 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 KCE EL 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 KCE EL will appreciate offsetting losses from the drop in the long position's value.KCE EL Pair Trading
KCE EL PCL Pair Trading Analysis
The ability to find closely correlated positions to KCE EL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KCE EL 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 KCE EL - 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 KCE EL PCL to buy it.
The correlation of KCE EL 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 KCE EL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KCE EL PCL 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 KCE EL 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 KCE EL position
In addition to having KCE EL 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in KCE Stock
To fully project KCE EL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KCE EL PCL 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 KCE EL's income statement, its balance sheet, and the statement of cash flows.