Autek China Current Valuation vs. Return On Asset

300595 Stock   19.57  0.65  3.21%   
Based on the key profitability measurements obtained from Autek China's financial statements, Autek China may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Autek China's ability to earn profits and add value for shareholders.
For Autek China profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Autek China to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Autek China utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Autek China's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Autek China over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between Autek China's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autek China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autek China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Autek China Return On Asset vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Autek China's current stock value. Our valuation model uses many indicators to compare Autek China value to that of its competitors to determine the firm's financial worth.
Autek China is rated second in current valuation category among its peers. It also is rated second in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Autek China is about  198,784,978,486 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Autek China by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Autek China'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.

Autek Current Valuation vs. Competition

Autek China is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 4.33 Trillion. Autek China adds roughly 16.02 Billion in current valuation claiming only tiny portion of equities under Health Care industry.

Autek 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.

Autek China

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
16.02 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.

Autek China

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0806
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.

Autek Return On Asset Comparison

Autek China is currently under evaluation in return on asset category among its peers.

Autek China Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Autek China, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Autek China will eventually generate negative long term returns. The profitability progress is the general direction of Autek China's change in net profit over the period of time. It can combine multiple indicators of Autek China, 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.
Last ReportedProjected for Next Year
Net Interest Income1.4 M1.2 M
Interest Income13.5 M14.2 M
Operating Income757.7 M456.4 M
Net Income From Continuing Ops729 M443.9 M
Income Before Tax847.1 M506.4 M
Net Income Applicable To Common Shares637.9 M325.6 M
Net Income666.6 M421.6 M
Income Tax Expense113.6 M119.3 M
Change To Netincome-15.1 M-15.9 M

Autek Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Autek China. 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 Autek China 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 Autek China's important profitability drivers and their relationship over time.

Use Autek China 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 Autek China 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 Autek China will appreciate offsetting losses from the drop in the long position's value.

Autek China Pair Trading

Autek China Pair Trading Analysis

The ability to find closely correlated positions to Autek China could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autek China 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 Autek China - 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 Autek China to buy it.
The correlation of Autek China 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 Autek China moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autek China 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 Autek China 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Autek China position

In addition to having Autek China 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 Energy ETFs Thematic Idea Now

Energy ETFs
Energy ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Energy ETFs theme has 92 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 Energy ETFs Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Autek Stock

To fully project Autek China's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Autek China 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 Autek China's income statement, its balance sheet, and the statement of cash flows.
Potential Autek China investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Autek China investors may work on each financial statement separately, they are all related. The changes in Autek China's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Autek China's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.