Taegu Broadcasting Stock EBITDA

033830 Stock  KRW 808.00  6.00  0.74%   
Taegu Broadcasting fundamentals help investors to digest information that contributes to Taegu Broadcasting's financial success or failures. It also enables traders to predict the movement of Taegu Stock. The fundamental analysis module provides a way to measure Taegu Broadcasting's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Taegu Broadcasting stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Taegu Broadcasting Company EBITDA Analysis

Taegu Broadcasting's 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.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Taegu Broadcasting EBITDA

    
  7.42 B  
Most of Taegu Broadcasting's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Taegu Broadcasting is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

According to the company disclosure, Taegu Broadcasting reported earnings before interest,tax, depreciation and amortization of 7.42 B. This is 48.26% higher than that of the Media sector and significantly higher than that of the Communication Services industry. The ebitda for all Republic of Korea stocks is 90.42% lower than that of the firm.

Taegu EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Taegu Broadcasting's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Taegu Broadcasting could also be used in its relative valuation, which is a method of valuing Taegu Broadcasting by comparing valuation metrics of similar companies.
Taegu Broadcasting is currently under evaluation in ebitda category among its peers.

Taegu Fundamentals

About Taegu Broadcasting Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Taegu Broadcasting's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Taegu Broadcasting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Taegu Broadcasting based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Taegu Broadcasting

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 Taegu Broadcasting 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 Taegu Broadcasting will appreciate offsetting losses from the drop in the long position's value.

Moving against Taegu Stock

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The ability to find closely correlated positions to Taegu Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Taegu Broadcasting 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 Taegu Broadcasting - 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 Taegu Broadcasting to buy it.
The correlation of Taegu Broadcasting 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 Taegu Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Taegu Broadcasting 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 Taegu Broadcasting 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Taegu Stock

Taegu Broadcasting financial ratios help investors to determine whether Taegu Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Taegu with respect to the benefits of owning Taegu Broadcasting security.