Theragen Etex Price To Earning vs. Cash Per Share
| 066700 Stock | KRW 3,095 15.00 0.48% |
For Theragen Etex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Theragen Etex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Theragen Etex CoLtd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Theragen Etex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Theragen Etex CoLtd over time as well as its relative position and ranking within its peers.
Theragen |
Theragen Etex CoLtd Cash Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Theragen Etex's current stock value. Our valuation model uses many indicators to compare Theragen Etex value to that of its competitors to determine the firm's financial worth. Theragen Etex CoLtd is number one stock in price to earning category among its peers. It also is number one stock in cash per share category among its peers fabricating about 5.79 of Cash Per Share per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Theragen Etex by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Theragen Etex'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.Theragen Cash Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Theragen Etex |
| = | 65.80 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Theragen Etex |
| = | 380.87 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Theragen Cash Per Share Comparison
Theragen Etex is currently under evaluation in cash per share category among its peers.
Theragen Etex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Theragen Etex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Theragen Etex will eventually generate negative long term returns. The profitability progress is the general direction of Theragen Etex's change in net profit over the period of time. It can combine multiple indicators of Theragen Etex, 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.
,Ltd., together with its subsidiaries, engages in the research and development, production, and sale of pharmaceutical products. ,Ltd. was founded in 1987 and is headquartered in Seoul, South Korea. THERAGEN ETEX is traded on Korean Securities Dealers Automated Quotations in South Korea.
Theragen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Theragen Etex. 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 Theragen Etex 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 Theragen Etex's important profitability drivers and their relationship over time.
Use Theragen Etex 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 Theragen Etex 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 Theragen Etex will appreciate offsetting losses from the drop in the long position's value.Theragen Etex Pair Trading
Theragen Etex CoLtd Pair Trading Analysis
The ability to find closely correlated positions to Theragen Etex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Theragen Etex 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 Theragen Etex - 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 Theragen Etex CoLtd to buy it.
The correlation of Theragen Etex 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 Theragen Etex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Theragen Etex CoLtd 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 Theragen Etex 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 Theragen Etex position
In addition to having Theragen Etex 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 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 Large Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Theragen Stock
To fully project Theragen Etex's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Theragen Etex CoLtd 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 Theragen Etex's income statement, its balance sheet, and the statement of cash flows.