Evergreen Marine Net Income vs. Return On Equity
| 2603 Stock | TWD 227.00 4.00 1.73% |
For Evergreen Marine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evergreen Marine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evergreen Marine Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evergreen Marine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evergreen Marine Corp over time as well as its relative position and ranking within its peers.
Evergreen |
Evergreen Marine Corp Return On Equity vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Evergreen Marine's current stock value. Our valuation model uses many indicators to compare Evergreen Marine value to that of its competitors to determine the firm's financial worth. Evergreen Marine Corp is number one stock in net income category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Net Income to Return On Equity for Evergreen Marine Corp is about 252,444,930,292 . 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 Evergreen Marine's earnings, one of the primary drivers of an investment's value.Evergreen Return On Equity 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.
Evergreen Marine |
| = | 239.01 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.
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.
Evergreen Marine |
| = | 0.95 |
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.
Evergreen Return On Equity Comparison
Evergreen Marine is currently under evaluation in return on equity category among its peers.
Evergreen Marine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Evergreen Marine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evergreen Marine will eventually generate negative long term returns. The profitability progress is the general direction of Evergreen Marine's change in net profit over the period of time. It can combine multiple indicators of Evergreen Marine, 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.
Evergreen Marine Corporation Ltd., together with its subsidiaries, engages in marine transportation, shipping agency, and container terminal businesses in Taiwan, the United States, Europe, Asia, and internationally. The company was founded in 1968 and is based in Taipei, Taiwan. EVERGREEN MARINE operates under Shipping classification in Taiwan and is traded on Taiwan Stock Exchange.
Evergreen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Evergreen Marine. 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 Evergreen Marine 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 Evergreen Marine's important profitability drivers and their relationship over time.
Use Evergreen Marine 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 Evergreen Marine 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 Evergreen Marine will appreciate offsetting losses from the drop in the long position's value.Evergreen Marine Pair Trading
Evergreen Marine Corp Pair Trading Analysis
The ability to find closely correlated positions to Evergreen Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evergreen Marine 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 Evergreen Marine - 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 Evergreen Marine Corp to buy it.
The correlation of Evergreen Marine 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 Evergreen Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evergreen Marine Corp 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 Evergreen Marine 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 Evergreen Marine position
In addition to having Evergreen Marine 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 Evergreen Stock Analysis
When running Evergreen Marine's price analysis, check to measure Evergreen Marine'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 Evergreen Marine is operating at the current time. Most of Evergreen Marine's value examination focuses on studying past and present price action to predict the probability of Evergreen Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Marine's price. Additionally, you may evaluate how the addition of Evergreen Marine to your portfolios can decrease your overall portfolio volatility.