Innowireless Co Stock EBITDA
| 073490 Stock | 17,980 30.00 0.17% |
Innowireless Co fundamentals help investors to digest information that contributes to Innowireless' financial success or failures. It also enables traders to predict the movement of Innowireless Stock. The fundamental analysis module provides a way to measure Innowireless' 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 Innowireless stock.
Innowireless |
Innowireless Co Company EBITDA Analysis
Innowireless' 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.
Current Innowireless EBITDA | 19.12 B |
Most of Innowireless' 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, Innowireless Co 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, Innowireless Co reported earnings before interest,tax, depreciation and amortization of 19.12 B. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The ebitda for all Republic of Korea stocks is notably lower than that of the firm.
Innowireless EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innowireless' 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 Innowireless could also be used in its relative valuation, which is a method of valuing Innowireless by comparing valuation metrics of similar companies.Innowireless is currently under evaluation in ebitda category among its peers.
Innowireless Fundamentals
| Revenue | 90.67 B | |||
| EBITDA | 19.12 B | |||
| Net Income | 15.16 B | |||
| Cash Flow From Operations | 13.79 B | |||
| Total Asset | 140.95 B | |||
| Net Asset | 140.95 B |
About Innowireless Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innowireless Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innowireless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innowireless Co 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 Innowireless
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 Innowireless 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 Innowireless will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Innowireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innowireless 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 Innowireless - 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 Innowireless Co to buy it.
The correlation of Innowireless 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 Innowireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innowireless 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 Innowireless 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.Other Information on Investing in Innowireless Stock
Innowireless financial ratios help investors to determine whether Innowireless 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 Innowireless with respect to the benefits of owning Innowireless security.