Soktas Tekstil Net Income vs. EBITDA
| SKTAS Stock | TRY 4.65 0.08 1.69% |
For Soktas Tekstil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Soktas Tekstil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Soktas Tekstil Sanayi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Soktas Tekstil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Soktas Tekstil Sanayi over time as well as its relative position and ranking within its peers.
Soktas |
Soktas Tekstil Sanayi EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Soktas Tekstil's current stock value. Our valuation model uses many indicators to compare Soktas Tekstil value to that of its competitors to determine the firm's financial worth. Soktas Tekstil Sanayi is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in ebitda category among its peers totaling about 18.11 of EBITDA per Net Income. Comparative valuation analysis is a catch-all model that can be used if you cannot value Soktas Tekstil by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Soktas Tekstil'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.Soktas EBITDA vs. Net Income
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.
Soktas Tekstil |
| = | 3.91 M |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Soktas Tekstil |
| = | 70.84 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Soktas EBITDA Comparison
Soktas Tekstil is currently under evaluation in ebitda category among its peers.
Soktas Tekstil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Soktas Tekstil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Soktas Tekstil will eventually generate negative long term returns. The profitability progress is the general direction of Soktas Tekstil's change in net profit over the period of time. It can combine multiple indicators of Soktas Tekstil, 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.
Sktas Tekstil Sanayi Ve Ticaret A.S., through its subsidiaries, designs, manufactures, and sells fabric and textile products. Sktas Tekstil Sanayi Ve Ticaret A.S. was founded in 1971 and is headquartered in Aydin, Turkey. Sktas Tekstil operates under Textile Manufacturing classification in Turkey and is traded on Istanbul Stock Exchange.
Soktas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Soktas Tekstil. 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 Soktas Tekstil 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 Soktas Tekstil's important profitability drivers and their relationship over time.
Use Soktas Tekstil 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 Soktas Tekstil 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 Soktas Tekstil will appreciate offsetting losses from the drop in the long position's value.Soktas Tekstil Pair Trading
Soktas Tekstil Sanayi Pair Trading Analysis
The ability to find closely correlated positions to Soktas Tekstil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soktas Tekstil 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 Soktas Tekstil - 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 Soktas Tekstil Sanayi to buy it.
The correlation of Soktas Tekstil 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 Soktas Tekstil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soktas Tekstil Sanayi 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 Soktas Tekstil 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 Soktas Tekstil position
In addition to having Soktas Tekstil 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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Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Soktas Stock
To fully project Soktas Tekstil's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Soktas Tekstil Sanayi 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 Soktas Tekstil's income statement, its balance sheet, and the statement of cash flows.