Itcen Co Gross Profit vs. Current Valuation
| 124500 Stock | KRW 5,460 80.00 1.44% |
For Itcen Co profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Itcen Co to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Itcen Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Itcen Co's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Itcen Co over time as well as its relative position and ranking within its peers.
Itcen |
Itcen Co Current Valuation vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Itcen Co's current stock value. Our valuation model uses many indicators to compare Itcen Co value to that of its competitors to determine the firm's financial worth. Itcen Co is number one stock in gross profit category among its peers. It also is the top company in current valuation category among its peers reporting about 3.83 of Current Valuation per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Itcen Co by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Itcen Co'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.Itcen Current Valuation vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Itcen Co |
| = | 92.2 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Itcen Co |
| = | 352.73 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.
Itcen Current Valuation vs Competition
Itcen 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 5.24 Trillion. Itcen Co holds roughly 352.73 Billion in current valuation claiming about 7% of equities under Information Technology industry.
Itcen Co Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Itcen Co, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Itcen Co will eventually generate negative long term returns. The profitability progress is the general direction of Itcen Co's change in net profit over the period of time. It can combine multiple indicators of Itcen Co, 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.
Itcen Co., Ltd. provides consulting, ICT, and outsourcing services and solutions in South Korea. Itcen Co., Ltd. was founded in 2005 and is based in Seoul, South Korea. ITCEN is traded on Korean Securities Dealers Automated Quotations in South Korea.
Itcen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Itcen Co. 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 Itcen Co 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 Itcen Co's important profitability drivers and their relationship over time.
Use Itcen Co 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 Itcen Co 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 Itcen Co will appreciate offsetting losses from the drop in the long position's value.Itcen Co Pair Trading
Itcen Co Pair Trading Analysis
The ability to find closely correlated positions to Itcen Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Itcen Co 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 Itcen Co - 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 Itcen Co to buy it.
The correlation of Itcen Co 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 Itcen Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Itcen Co 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 Itcen Co 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 Itcen Co position
In addition to having Itcen Co 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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Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 constituents at this time.
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Other Information on Investing in Itcen Stock
To fully project Itcen Co's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Itcen Co 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 Itcen Co's income statement, its balance sheet, and the statement of cash flows.