Eclat Textile Net Income vs. Price To Earning
| 1476 Stock | TWD 531.00 4.00 0.76% |
For Eclat Textile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eclat Textile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eclat Textile Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eclat Textile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eclat Textile Co over time as well as its relative position and ranking within its peers.
Eclat |
Eclat Textile Price To Earning vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eclat Textile's current stock value. Our valuation model uses many indicators to compare Eclat Textile value to that of its competitors to determine the firm's financial worth. Eclat Textile Co is rated second in net income category among its peers. It is number one stock in price to earning category among its peers . The ratio of Net Income to Price To Earning for Eclat Textile Co is about 202,302,986 . 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 Eclat Textile's earnings, one of the primary drivers of an investment's value.Eclat Price To Earning vs. Net Income
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.
Eclat Textile |
| = | 5.15 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.
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.
Eclat Textile |
| = | 25.45 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.
Eclat Price To Earning Comparison
Eclat Textile is currently under evaluation in price to earning category among its peers.
Eclat Textile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eclat Textile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eclat Textile will eventually generate negative long term returns. The profitability progress is the general direction of Eclat Textile's change in net profit over the period of time. It can combine multiple indicators of Eclat Textile, 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.
Eclat Textile Co., Ltd. manufactures and sells knitted fabrics and garments in the Americas, Asia, Europe, the Middle East, Africa, and internationally. The company was founded in 1977 and is headquartered in New Taipei City, Taiwan. ECLAT TEXTILE operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Eclat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eclat Textile. 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 Eclat Textile 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 Eclat Textile's important profitability drivers and their relationship over time.
Use Eclat Textile 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 Eclat Textile 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 Eclat Textile will appreciate offsetting losses from the drop in the long position's value.Eclat Textile Pair Trading
Eclat Textile Co Pair Trading Analysis
The ability to find closely correlated positions to Eclat Textile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eclat Textile 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 Eclat Textile - 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 Eclat Textile Co to buy it.
The correlation of Eclat Textile 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 Eclat Textile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eclat Textile 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 Eclat Textile 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 Eclat Textile position
In addition to having Eclat Textile 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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Additional Tools for Eclat Stock Analysis
When running Eclat Textile's price analysis, check to measure Eclat Textile'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 Eclat Textile is operating at the current time. Most of Eclat Textile's value examination focuses on studying past and present price action to predict the probability of Eclat Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eclat Textile's price. Additionally, you may evaluate how the addition of Eclat Textile to your portfolios can decrease your overall portfolio volatility.