Elmos Semiconductor Current Valuation vs. Return On Asset
| 0N9K Stock | 61.30 1.15 1.84% |
For Elmos Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elmos Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elmos Semiconductor SE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elmos Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elmos Semiconductor SE over time as well as its relative position and ranking within its peers.
Elmos |
Elmos Semiconductor Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elmos Semiconductor's current stock value. Our valuation model uses many indicators to compare Elmos Semiconductor value to that of its competitors to determine the firm's financial worth. Elmos Semiconductor SE is the top company in current valuation category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Elmos Semiconductor SE is about 8,659,989,097 . 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 Elmos Semiconductor's earnings, one of the primary drivers of an investment's value.Elmos Current Valuation vs. Competition
Elmos Semiconductor SE 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 3.11 Billion. Elmos Semiconductor totals roughly 1.09 Billion in current valuation claiming about 35% of equities under Industrials industry.
Elmos Return On Asset 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.
Elmos Semiconductor |
| = | 1.09 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Elmos Semiconductor |
| = | 0.13 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Elmos Return On Asset Comparison
Elmos Semiconductor is currently under evaluation in return on asset category among its peers.
Elmos Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elmos Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elmos Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of Elmos Semiconductor's change in net profit over the period of time. It can combine multiple indicators of Elmos Semiconductor, 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.
| Last Reported | Projected for Next Year | ||
| Interest Income | 398.7 K | 378.8 K | |
| Operating Income | 7.8 M | 7.4 M | |
| Income Before Tax | 7.4 M | 7.1 M | |
| Net Income Applicable To Common Shares | 82.1 M | 43.9 M | |
| Net Income | 82.1 M | 44 M | |
| Income Tax Expense | 42.8 M | 45 M | |
| Change To Netincome | 30.5 M | 32 M |
Elmos Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elmos Semiconductor. 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 Elmos Semiconductor 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 Elmos Semiconductor's important profitability drivers and their relationship over time.
Use Elmos Semiconductor 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 Elmos Semiconductor 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 Elmos Semiconductor will appreciate offsetting losses from the drop in the long position's value.Elmos Semiconductor Pair Trading
Elmos Semiconductor SE Pair Trading Analysis
The ability to find closely correlated positions to Elmos Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elmos Semiconductor 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 Elmos Semiconductor - 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 Elmos Semiconductor SE to buy it.
The correlation of Elmos Semiconductor 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 Elmos Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elmos Semiconductor 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 Elmos Semiconductor 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 Elmos Semiconductor position
In addition to having Elmos Semiconductor 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 Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
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Additional Tools for Elmos Stock Analysis
When running Elmos Semiconductor's price analysis, check to measure Elmos Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elmos Semiconductor is operating at the current time. Most of Elmos Semiconductor's value examination focuses on studying past and present price action to predict the probability of Elmos Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elmos Semiconductor's price. Additionally, you may evaluate how the addition of Elmos Semiconductor to your portfolios can decrease your overall portfolio volatility.