Okins Electronics Cash Per Share vs. Price To Sales

080580 Stock  KRW 4,225  180.00  4.45%   
Based on Okins Electronics' profitability indicators, Okins Electronics Co may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Okins Electronics' ability to earn profits and add value for shareholders.
For Okins Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Okins Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Okins Electronics Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Okins Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Okins Electronics Co over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Okins Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Okins Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Okins Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Okins Electronics Price To Sales vs. Cash Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Okins Electronics's current stock value. Our valuation model uses many indicators to compare Okins Electronics value to that of its competitors to determine the firm's financial worth.
Okins Electronics Co is number one stock in cash per share category among its peers. It also is number one stock in price to sales category among its peers fabricating about  0.01  of Price To Sales per Cash Per Share. The ratio of Cash Per Share to Price To Sales for Okins Electronics Co is roughly  179.16 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Okins Electronics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Okins Electronics' 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.

Okins Price To Sales vs. Cash Per Share

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.

Okins Electronics

Cash Per Share

 = 

Total Cash

Average Shares

 = 
564.18 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Okins Electronics

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3.15 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Okins Price To Sales Comparison

Okins Electronics is currently under evaluation in price to sales category among its peers.

Okins Electronics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Okins Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Okins Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Okins Electronics' change in net profit over the period of time. It can combine multiple indicators of Okins Electronics, 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.
OKins Electronics Co., Ltd. supplies device interface systems for the device contact interconnection, test equipment, and device testing development services. OKins Electronics Co., Ltd. was founded in 1998 and is headquartered in Uiwang, South Korea. OKins is traded on Korean Securities Dealers Automated Quotations in South Korea.

Okins Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Okins Electronics. 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 Okins Electronics 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 Okins Electronics' important profitability drivers and their relationship over time.

Use Okins Electronics 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 Okins Electronics 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 Okins Electronics will appreciate offsetting losses from the drop in the long position's value.

Okins Electronics Pair Trading

Okins Electronics Co Pair Trading Analysis

The ability to find closely correlated positions to Okins Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Okins Electronics 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 Okins Electronics - 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 Okins Electronics Co to buy it.
The correlation of Okins Electronics 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 Okins Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Okins Electronics 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 Okins Electronics 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Okins Electronics position

In addition to having Okins Electronics 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.

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Latest Losers Theme
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 246 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 Latest Losers Theme or any other thematic opportunities.
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Other Information on Investing in Okins Stock

To fully project Okins Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Okins Electronics 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 Okins Electronics' income statement, its balance sheet, and the statement of cash flows.
Potential Okins Electronics investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Okins Electronics investors may work on each financial statement separately, they are all related. The changes in Okins Electronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Okins Electronics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.