Pi Advanced Materials Stock Return On Equity
| 178920 Stock | KRW 17,380 40.00 0.23% |
PI Advanced Materials fundamentals help investors to digest information that contributes to PI Advanced's financial success or failures. It also enables traders to predict the movement of 178920 Stock. The fundamental analysis module provides a way to measure PI Advanced'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 PI Advanced stock.
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PI Advanced Materials Company Return On Equity Analysis
PI Advanced's 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.
Current PI Advanced Return On Equity | 0.17 |
Most of PI Advanced's fundamental indicators, such as Return On Equity, 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, PI Advanced Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, PI Advanced Materials has a Return On Equity of 0.1711. This is much higher than that of the sector and significantly higher than that of the Return On Equity industry. The return on equity for all Republic of Korea stocks is notably lower than that of the firm.
178920 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PI Advanced's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PI Advanced could also be used in its relative valuation, which is a method of valuing PI Advanced by comparing valuation metrics of similar companies.PI Advanced is currently under evaluation in return on equity category among its peers.
178920 Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.1 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 1.57 T | |||
| Shares Outstanding | 29.37 M | |||
| Shares Owned By Insiders | 54.29 % | |||
| Shares Owned By Institutions | 11.76 % | |||
| Revenue | 261.79 B | |||
| Gross Profit | 84.62 B | |||
| EBITDA | 87.9 B | |||
| Net Income | 41.72 B | |||
| Cash And Equivalents | 56.63 B | |||
| Total Debt | 22.84 B | |||
| Debt To Equity | 17.00 % | |||
| Current Ratio | 1.87 X | |||
| Cash Flow From Operations | 80.94 B | |||
| Price To Earnings To Growth | 1.14 X | |||
| Target Price | 48273.0 | |||
| Number Of Employees | 15 | |||
| Beta | 1.04 | |||
| Market Capitalization | 1.57 T | |||
| Total Asset | 404.03 B | |||
| Z Score | 40.8 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 404.03 B |
About PI Advanced Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PI Advanced Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PI Advanced using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PI Advanced Materials 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 PI Advanced
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 PI Advanced 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 PI Advanced will appreciate offsetting losses from the drop in the long position's value.Moving together with 178920 Stock
Moving against 178920 Stock
The ability to find closely correlated positions to PI Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PI Advanced 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 PI Advanced - 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 PI Advanced Materials to buy it.
The correlation of PI Advanced 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 PI Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PI Advanced Materials 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 PI Advanced 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 178920 Stock
PI Advanced financial ratios help investors to determine whether 178920 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 178920 with respect to the benefits of owning PI Advanced security.