2S Metal Revenue vs. Shares Outstanding
2S Stock | THB 2.76 0.02 0.73% |
For 2S Metal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 2S Metal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 2S Metal Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 2S Metal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 2S Metal Public over time as well as its relative position and ranking within its peers.
2S Metal |
2S Metal Public Shares Outstanding vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 2S Metal's current stock value. Our valuation model uses many indicators to compare 2S Metal value to that of its competitors to determine the firm's financial worth. 2S Metal Public is the top company in revenue category among its peers. It also is number one stock in shares outstanding category among its peers creating about 0.08 of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for 2S Metal Public is roughly 11.86 . 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 2S Metal's earnings, one of the primary drivers of an investment's value.2S Metal Revenue vs. Competition
2S Metal Public is the top company in revenue category among its peers. Market size based on revenue of Steel industry is presently estimated at about 41.07 Billion. 2S Metal retains roughly 6.52 Billion in revenue claiming about 16% of equities listed under Steel industry.
2S Metal Shares Outstanding 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.
2S Metal |
| = | 6.52 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
2S Metal |
| = | 550 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
2S Metal Shares Outstanding Comparison
2S Metal is currently under evaluation in shares outstanding category among its peers.
2S Metal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 2S Metal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 2S Metal will eventually generate negative long term returns. The profitability progress is the general direction of 2S Metal's change in net profit over the period of time. It can combine multiple indicators of 2S Metal, 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.
2S Metal Public Company Limited, together with its subsidiaries, manufactures and sells steel pipes, steel plates, light lip channels, and steel wire mesh products in Thailand. The company was formerly known as Southern Steel Public Company Limited and changed its name to 2S Metal Public Company Limited in April 2010. 2S Metal Public Company Limited was founded in 1992 and is headquartered in Bang Klam, Thailand. 2S METAL operates under Steel classification in Thailand and is traded on Stock Exchange of Thailand.
2S Metal Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 2S Metal. 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 2S Metal 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 2S Metal's important profitability drivers and their relationship over time.
Use 2S Metal 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 2S Metal 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 2S Metal will appreciate offsetting losses from the drop in the long position's value.2S Metal Pair Trading
2S Metal Public Pair Trading Analysis
The ability to find closely correlated positions to 2S Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 2S Metal 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 2S Metal - 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 2S Metal Public to buy it.
The correlation of 2S Metal 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 2S Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 2S Metal Public 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 2S Metal 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 2S Metal position
In addition to having 2S Metal 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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Buywrite ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Buywrite ETFs theme has 25 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 Buywrite ETFs Theme or any other thematic opportunities.
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Other Information on Investing in 2S Metal Stock
To fully project 2S Metal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 2S Metal Public 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 2S Metal's income statement, its balance sheet, and the statement of cash flows.