ES Ceramics Current Valuation vs. Net Income
| 0100 Stock | 0.14 0.01 6.67% |
For ES Ceramics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ES Ceramics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ES Ceramics Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ES Ceramics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ES Ceramics Technology over time as well as its relative position and ranking within its peers.
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ES Ceramics Technology Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ES Ceramics's current stock value. Our valuation model uses many indicators to compare ES Ceramics value to that of its competitors to determine the firm's financial worth. ES Ceramics Technology is rated fifth in current valuation category among its peers. It also is rated fifth in net income category among its peers making up about 0.86 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for ES Ceramics Technology is roughly 1.16 . 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 ES Ceramics' earnings, one of the primary drivers of an investment's value.0100 Current Valuation vs. Competition
ES Ceramics Technology is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Textiles & Apparel industry is presently estimated at about 8.21 Billion. ES Ceramics maintains roughly 63.19 Million in current valuation contributing less than 1% to equities listed under Textiles & Apparel industry.
0100 Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
ES Ceramics |
| = | 63.19 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
ES Ceramics |
| = | 54.35 M |
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.
0100 Net Income Comparison
ES Ceramics is rated fourth in net income category among its peers.
0100 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ES Ceramics. 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 ES Ceramics 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 ES Ceramics' important profitability drivers and their relationship over time.
Use ES Ceramics 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 ES Ceramics 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 ES Ceramics will appreciate offsetting losses from the drop in the long position's value.ES Ceramics Pair Trading
ES Ceramics Technology Pair Trading Analysis
The ability to find closely correlated positions to ES Ceramics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ES Ceramics 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 ES Ceramics - 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 ES Ceramics Technology to buy it.
The correlation of ES Ceramics 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 ES Ceramics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ES Ceramics Technology 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 ES Ceramics 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 ES Ceramics position
In addition to having ES Ceramics 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in 0100 Stock
To fully project ES Ceramics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ES Ceramics Technology 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 ES Ceramics' income statement, its balance sheet, and the statement of cash flows.