LG Innotek Current Valuation vs. EBITDA
| 011070 Stock | 167,200 1,300 0.78% |
For LG Innotek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LG Innotek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LG Innotek Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LG Innotek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LG Innotek Co over time as well as its relative position and ranking within its peers.
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LG Innotek EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining LG Innotek's current stock value. Our valuation model uses many indicators to compare LG Innotek value to that of its competitors to determine the firm's financial worth. LG Innotek Co is the top company in current valuation category among its peers. It also is number one stock in ebitda category among its peers totaling about 0.23 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for LG Innotek Co is roughly 4.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value LG Innotek by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for LG Innotek's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.011070 Current Valuation vs. Competition
LG Innotek Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 15.94 Trillion. LG Innotek totals roughly 8.64 Trillion in current valuation claiming about 54% of equities under Information Technology industry.
011070 EBITDA 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.
LG Innotek |
| = | 8.64 T |
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.
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.
LG Innotek |
| = | 2 T |
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.
011070 EBITDA Comparison
LG Innotek is currently under evaluation in ebitda category among its peers.
011070 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on LG Innotek. 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 LG Innotek 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 LG Innotek's important profitability drivers and their relationship over time.
Use LG Innotek 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 LG Innotek 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 LG Innotek will appreciate offsetting losses from the drop in the long position's value.LG Innotek Pair Trading
LG Innotek Co Pair Trading Analysis
The ability to find closely correlated positions to LG Innotek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LG Innotek 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 LG Innotek - 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 LG Innotek Co to buy it.
The correlation of LG Innotek 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 LG Innotek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LG Innotek 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 LG Innotek 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 LG Innotek position
In addition to having LG Innotek 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?
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Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare theme has 20 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 Healthcare Theme or any other thematic opportunities.
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Other Information on Investing in 011070 Stock
To fully project LG Innotek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LG Innotek 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 LG Innotek's income statement, its balance sheet, and the statement of cash flows.