Stars Microelectronics Gross Profit vs. Revenue
| SMT Stock | THB 1.70 0.01 0.59% |
For Stars Microelectronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Stars Microelectronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Stars Microelectronics Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Stars Microelectronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Stars Microelectronics Public over time as well as its relative position and ranking within its peers.
Stars |
Stars Microelectronics Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Stars Microelectronics's current stock value. Our valuation model uses many indicators to compare Stars Microelectronics value to that of its competitors to determine the firm's financial worth. Stars Microelectronics Public is rated below average in gross profit category among its peers. It also is rated below average in revenue category among its peers totaling about 4.96 of Revenue per Gross Profit. 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 Stars Microelectronics' earnings, one of the primary drivers of an investment's value.Stars Revenue 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.
Stars Microelectronics |
| = | 439.86 M |
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.
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.
Stars Microelectronics |
| = | 2.18 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.
Stars Revenue vs Competition
Stars Microelectronics Public is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is at this time estimated at about 157.93 Billion. Stars Microelectronics claims roughly 2.18 Billion in revenue contributing just under 2% to equities under Information Technology industry.
Stars Microelectronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Stars Microelectronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Stars Microelectronics will eventually generate negative long term returns. The profitability progress is the general direction of Stars Microelectronics' change in net profit over the period of time. It can combine multiple indicators of Stars Microelectronics, 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.
Stars Microelectronics Public Company Limited, together with its subsidiaries, provides electronics manufacturing services in Thailand and the United States. Stars Microelectronics Public Company Limited is headquartered in Ayutthaya, Thailand. STARS MICROELECTRONICS operates under Contract Manufacturers classification in Thailand and is traded on Stock Exchange of Thailand.
Stars Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Stars Microelectronics. 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 Stars Microelectronics 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 Stars Microelectronics' important profitability drivers and their relationship over time.
Use Stars Microelectronics 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 Stars Microelectronics 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 Stars Microelectronics will appreciate offsetting losses from the drop in the long position's value.Stars Microelectronics Pair Trading
Stars Microelectronics Public Pair Trading Analysis
The ability to find closely correlated positions to Stars Microelectronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stars Microelectronics 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 Stars Microelectronics - 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 Stars Microelectronics Public to buy it.
The correlation of Stars Microelectronics 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 Stars Microelectronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stars Microelectronics 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 Stars Microelectronics 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 Stars Microelectronics position
In addition to having Stars Microelectronics 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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Other Information on Investing in Stars Stock
To fully project Stars Microelectronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Stars Microelectronics 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 Stars Microelectronics' income statement, its balance sheet, and the statement of cash flows.