FNC Entertainment Current Valuation vs. Return On Asset
| 173940 Stock | KRW 3,280 180.00 5.81% |
For FNC Entertainment profitability analysis, we use financial ratios and fundamental drivers that measure the ability of FNC Entertainment to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well FNC Entertainment Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between FNC Entertainment's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of FNC Entertainment Co over time as well as its relative position and ranking within its peers.
FNC |
FNC Entertainment Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining FNC Entertainment's current stock value. Our valuation model uses many indicators to compare FNC Entertainment value to that of its competitors to determine the firm's financial worth. FNC Entertainment Co is the top company in current valuation category among its peers. It is rated second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value FNC Entertainment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FNC Entertainment'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.FNC Current Valuation vs. Competition
FNC Entertainment Co is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is presently estimated at about 23.57 Trillion. FNC Entertainment adds roughly 54.95 Billion in current valuation claiming only tiny portion of stocks in Communication Services industry.
FNC 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.
FNC Entertainment |
| = | 54.95 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.
FNC Entertainment |
| = | -0.0558 |
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.
FNC Return On Asset Comparison
FNC Entertainment is currently under evaluation in return on asset category among its peers.
FNC Entertainment Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in FNC Entertainment, profitability is also one of the essential criteria for including it into their portfolios because, without profit, FNC Entertainment will eventually generate negative long term returns. The profitability progress is the general direction of FNC Entertainment's change in net profit over the period of time. It can combine multiple indicators of FNC Entertainment, 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.
FNC Entertainment Co., Ltd. engages in the entertainment business primarily in South Korea. It produces concerts, albums, dramas, and movie music and plans, produces, and sells MD products of artists, as well as intends to develop artists by scouting musicians and actors. FNC Ent is traded on Korean Securities Dealers Automated Quotations in South Korea.
FNC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on FNC Entertainment. 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 FNC Entertainment 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 FNC Entertainment's important profitability drivers and their relationship over time.
Use FNC Entertainment 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 FNC Entertainment 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 FNC Entertainment will appreciate offsetting losses from the drop in the long position's value.FNC Entertainment Pair Trading
FNC Entertainment Co Pair Trading Analysis
The ability to find closely correlated positions to FNC Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FNC Entertainment 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 FNC Entertainment - 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 FNC Entertainment Co to buy it.
The correlation of FNC Entertainment 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 FNC Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FNC Entertainment 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 FNC Entertainment 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 FNC Entertainment position
In addition to having FNC Entertainment 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 Insurance Thematic Idea Now
Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 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 Insurance Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in FNC Stock
To fully project FNC Entertainment's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of FNC Entertainment 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 FNC Entertainment's income statement, its balance sheet, and the statement of cash flows.