True Public Revenue vs. Net Income
| TRUE Stock | THB 11.80 0.10 0.84% |
For True Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of True Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well True Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between True Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of True Public over time as well as its relative position and ranking within its peers.
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True Public Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining True Public's current stock value. Our valuation model uses many indicators to compare True Public value to that of its competitors to determine the firm's financial worth. True Public is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in net income category among its peers . 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 True Public's earnings, one of the primary drivers of an investment's value.True Revenue vs. Competition
True Public is currently regarded number one company in revenue category among its peers. Market size based on revenue of Communication Services industry is at this time estimated at about 243.12 Billion. True Public totals roughly 143.66 Billion in revenue claiming about 59% of stocks in Communication Services industry.
True Net Income 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.
True Public |
| = | 143.66 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.
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.
True Public |
| = | (1.43 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.
True Net Income Comparison
True Public is currently under evaluation in net income category among its peers.
True Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in True Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, True Public will eventually generate negative long term returns. The profitability progress is the general direction of True Public's change in net profit over the period of time. It can combine multiple indicators of True Public, 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.
True Corporation Public Company Limited, together with its subsidiaries, engages in the telecommunications and diversified communications industries in Thailand. True Corporation Public Company Limited was incorporated in 1990 and is headquartered in Bangkok, Thailand. TRUE CORPORATION operates under Telecom Services classification in Thailand and is traded on Stock Exchange of Thailand.
True Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on True Public. 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 True Public 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 True Public's important profitability drivers and their relationship over time.
Use True Public 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 True Public 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 True Public will appreciate offsetting losses from the drop in the long position's value.True Public Pair Trading
True Public Pair Trading Analysis
The ability to find closely correlated positions to True Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace True Public 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 True Public - 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 True Public to buy it.
The correlation of True Public 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 True Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if True Public 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 True Public 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 True Public position
In addition to having True Public 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 Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication 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 Communication Theme or any other thematic opportunities.
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Other Information on Investing in True Stock
To fully project True Public's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of True Public 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 True Public's income statement, its balance sheet, and the statement of cash flows.