Axiomtek EBITDA vs. Net Income
| 3088 Stock | TWD 110.50 3.00 2.79% |
For Axiomtek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Axiomtek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Axiomtek Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Axiomtek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Axiomtek Co over time as well as its relative position and ranking within its peers.
Axiomtek |
Axiomtek Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Axiomtek's current stock value. Our valuation model uses many indicators to compare Axiomtek value to that of its competitors to determine the firm's financial worth. Axiomtek Co is number one stock in ebitda category among its peers. It also is number one stock in net income category among its peers making up about 0.64 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Axiomtek Co is roughly 1.57 . 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 Axiomtek's earnings, one of the primary drivers of an investment's value.Axiomtek Net Income vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Axiomtek |
| = | 613.68 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Axiomtek |
| = | 390.92 M |
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.
Axiomtek Net Income Comparison
Axiomtek is currently under evaluation in net income category among its peers.
Axiomtek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Axiomtek. 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 Axiomtek 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 Axiomtek's important profitability drivers and their relationship over time.
Use Axiomtek 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 Axiomtek 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 Axiomtek will appreciate offsetting losses from the drop in the long position's value.Axiomtek Pair Trading
Axiomtek Co Pair Trading Analysis
The ability to find closely correlated positions to Axiomtek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axiomtek 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 Axiomtek - 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 Axiomtek Co to buy it.
The correlation of Axiomtek 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 Axiomtek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axiomtek 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 Axiomtek 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 Axiomtek position
In addition to having Axiomtek 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 Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 37 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 Oil And Gas Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Axiomtek Stock Analysis
When running Axiomtek's price analysis, check to measure Axiomtek'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 Axiomtek is operating at the current time. Most of Axiomtek's value examination focuses on studying past and present price action to predict the probability of Axiomtek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axiomtek's price. Additionally, you may evaluate how the addition of Axiomtek to your portfolios can decrease your overall portfolio volatility.