First Steamship Revenue vs. Return On Equity
| 2601 Stock | TWD 7.76 0.14 1.77% |
For First Steamship profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Steamship to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Steamship Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Steamship's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Steamship Co over time as well as its relative position and ranking within its peers.
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First Steamship Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Steamship's current stock value. Our valuation model uses many indicators to compare First Steamship value to that of its competitors to determine the firm's financial worth. First Steamship Co is the top company in revenue category among its peers. It is rated second in return on equity category among its peers . 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 First Steamship's earnings, one of the primary drivers of an investment's value.First Revenue vs. Competition
First Steamship Co is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 62.37 Billion. First Steamship retains roughly 6.93 Billion in revenue claiming about 11% of equities under Industrials industry.
First Return On Equity vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
First Steamship |
| = | 6.93 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
First Steamship |
| = | -0.0079 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
First Return On Equity Comparison
First Steamship is currently under evaluation in return on equity category among its peers.
First Steamship Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Steamship, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Steamship will eventually generate negative long term returns. The profitability progress is the general direction of First Steamship's change in net profit over the period of time. It can combine multiple indicators of First Steamship, 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.
First Steamship Company, Ltd. operates as a shipping company in Taiwan. First Steamship Company, Ltd. was founded in 1963 and is based in Taipei City, Taiwan. FIRST STEAMSHIP is traded on Taiwan Stock Exchange in Taiwan.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Steamship. 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 First Steamship 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 First Steamship's important profitability drivers and their relationship over time.
Use First Steamship 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 First Steamship 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 First Steamship will appreciate offsetting losses from the drop in the long position's value.First Steamship Pair Trading
First Steamship Co Pair Trading Analysis
The ability to find closely correlated positions to First Steamship could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Steamship 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 First Steamship - 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 First Steamship Co to buy it.
The correlation of First Steamship 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 First Steamship moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Steamship 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 First Steamship 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 First Steamship position
In addition to having First Steamship 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 First Stock Analysis
When running First Steamship's price analysis, check to measure First Steamship'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 First Steamship is operating at the current time. Most of First Steamship's value examination focuses on studying past and present price action to predict the probability of First Steamship's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Steamship's price. Additionally, you may evaluate how the addition of First Steamship to your portfolios can decrease your overall portfolio volatility.