RedcapTour Current Valuation vs. Net Income
| 038390 Stock | KRW 9,110 110.00 1.19% |
For RedcapTour profitability analysis, we use financial ratios and fundamental drivers that measure the ability of RedcapTour to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well RedcapTour Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between RedcapTour's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of RedcapTour Co over time as well as its relative position and ranking within its peers.
RedcapTour |
RedcapTour Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining RedcapTour's current stock value. Our valuation model uses many indicators to compare RedcapTour value to that of its competitors to determine the firm's financial worth. RedcapTour Co is the top company in current valuation category among its peers. It also is number one stock in net income category among its peers making up about 0.03 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for RedcapTour Co is roughly 36.17 . Comparative valuation analysis is a catch-all model that can be used if you cannot value RedcapTour by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for RedcapTour'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.RedcapTour Current Valuation vs. Competition
RedcapTour Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is presently estimated at about 926.42 Billion. RedcapTour totals roughly 437.38 Billion in current valuation claiming about 47% of equities under Industrials industry.
RedcapTour 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.
RedcapTour |
| = | 437.38 B |
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.
RedcapTour |
| = | 12.09 B |
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.
RedcapTour Net Income Comparison
RedcapTour is currently under evaluation in net income category among its peers.
RedcapTour Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in RedcapTour, profitability is also one of the essential criteria for including it into their portfolios because, without profit, RedcapTour will eventually generate negative long term returns. The profitability progress is the general direction of RedcapTour's change in net profit over the period of time. It can combine multiple indicators of RedcapTour, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
RedcapTour Co., Ltd. engages in the car rental, travel, event, and hotel booking businesses in South Korea and internationally. The company was founded in 1977 and is headquartered in Seoul, South Korea. RedcapTour is traded on Korean Securities Dealers Automated Quotations in South Korea.
RedcapTour Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on RedcapTour. 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 RedcapTour 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 RedcapTour's important profitability drivers and their relationship over time.
Use RedcapTour 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 RedcapTour 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 RedcapTour will appreciate offsetting losses from the drop in the long position's value.RedcapTour Pair Trading
RedcapTour Co Pair Trading Analysis
The ability to find closely correlated positions to RedcapTour could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RedcapTour 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 RedcapTour - 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 RedcapTour Co to buy it.
The correlation of RedcapTour 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 RedcapTour moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RedcapTour 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 RedcapTour 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 RedcapTour position
In addition to having RedcapTour 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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Other Information on Investing in RedcapTour Stock
To fully project RedcapTour's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of RedcapTour 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 RedcapTour's income statement, its balance sheet, and the statement of cash flows.