Spencers Retail Net Income vs. Return On Equity
| SPENCERS | 85.50 0.86 1.00% |
Net Loss | First Reported 2017-12-31 | Previous Quarter -434.3 M | Current Value -871.8 M | Quarterly Volatility 256.6 M |
For Spencers Retail profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spencers Retail to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spencers Retail Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spencers Retail's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spencers Retail Limited over time as well as its relative position and ranking within its peers.
Spencers |
Spencers Retail Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spencers Retail's current stock value. Our valuation model uses many indicators to compare Spencers Retail value to that of its competitors to determine the firm's financial worth. Spencers Retail Limited is rated second in net income category among its peers. It is rated below average in return on equity category among its peers . Spencers Retail reported last year Net Loss of (2.66 Billion). 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 Spencers Retail's earnings, one of the primary drivers of an investment's value.Spencers Return On Equity 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.
Spencers Retail |
| = | (2.66 B) |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Spencers Retail |
| = | -2.91 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Spencers Return On Equity Comparison
Spencers Retail is currently under evaluation in return on equity category among its peers.
Spencers Retail Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spencers Retail, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spencers Retail will eventually generate negative long term returns. The profitability progress is the general direction of Spencers Retail's change in net profit over the period of time. It can combine multiple indicators of Spencers Retail, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 6.5 B | 4.1 B | |
| Interest Income | 1.3 B | 712 M | |
| Operating Income | -1.4 B | -1.4 B | |
| Net Loss | -2.7 B | -2.5 B | |
| Income Before Tax | -2.7 B | -2.5 B | |
| Total Other Income Expense Net | -1.2 B | -1.3 B | |
| Net Loss | -1.9 B | -1.8 B | |
| Net Loss | -2.7 B | -2.5 B | |
| Net Interest Income | -1.5 B | -1.4 B | |
| Income Tax Expense | -3.5 M | -3.4 M | |
| Change To Netincome | 465 M | 391.7 M |
Spencers Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spencers Retail. 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 Spencers Retail 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 Spencers Retail's important profitability drivers and their relationship over time.
Use Spencers Retail 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 Spencers Retail 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 Spencers Retail will appreciate offsetting losses from the drop in the long position's value.Spencers Retail Pair Trading
Spencers Retail Limited Pair Trading Analysis
The ability to find closely correlated positions to Spencers Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spencers Retail 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 Spencers Retail - 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 Spencers Retail Limited to buy it.
The correlation of Spencers Retail 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 Spencers Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spencers Retail 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 Spencers Retail 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 Spencers Retail position
In addition to having Spencers Retail 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 Food Products Thematic Idea Now
Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 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 Food Products Theme or any other thematic opportunities.
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Additional Tools for Spencers Stock Analysis
When running Spencers Retail's price analysis, check to measure Spencers Retail'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 Spencers Retail is operating at the current time. Most of Spencers Retail's value examination focuses on studying past and present price action to predict the probability of Spencers Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spencers Retail's price. Additionally, you may evaluate how the addition of Spencers Retail to your portfolios can decrease your overall portfolio volatility.