Kingstate Electronics EBITDA vs. Net Income
| 3206 Stock | TWD 41.90 0.35 0.84% |
For Kingstate Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kingstate Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kingstate Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kingstate Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kingstate Electronics over time as well as its relative position and ranking within its peers.
Kingstate |
Kingstate Electronics Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kingstate Electronics's current stock value. Our valuation model uses many indicators to compare Kingstate Electronics value to that of its competitors to determine the firm's financial worth. Kingstate Electronics 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 0.54 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Kingstate Electronics is roughly 1.86 . 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 Kingstate Electronics' earnings, one of the primary drivers of an investment's value.Kingstate 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.
Kingstate Electronics |
| = | 243.91 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.
Kingstate Electronics |
| = | 131.31 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.
Kingstate Net Income Comparison
Kingstate Electronics is currently under evaluation in net income category among its peers.
Kingstate Electronics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kingstate Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kingstate Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Kingstate Electronics' change in net profit over the period of time. It can combine multiple indicators of Kingstate Electronics, 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.
Kingstate Electronics Corp. manufactures and sells acoustic products in Taiwan and internationally. Kingstate Electronics Corp. was founded in 1977 and is headquartered in New Taipei City, Taiwan. KINGSTATE ELECTRONICS operates under Electronic Components classification in Taiwan and is traded on Taiwan OTC Exchange.
Kingstate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kingstate Electronics. 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 Kingstate Electronics 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 Kingstate Electronics' important profitability drivers and their relationship over time.
Use Kingstate Electronics 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 Kingstate Electronics 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 Kingstate Electronics will appreciate offsetting losses from the drop in the long position's value.Kingstate Electronics Pair Trading
Kingstate Electronics Pair Trading Analysis
The ability to find closely correlated positions to Kingstate Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kingstate Electronics 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 Kingstate Electronics - 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 Kingstate Electronics to buy it.
The correlation of Kingstate Electronics 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 Kingstate Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kingstate Electronics 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 Kingstate Electronics 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 Kingstate Electronics position
In addition to having Kingstate Electronics 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 Kingstate Stock Analysis
When running Kingstate Electronics' price analysis, check to measure Kingstate Electronics' 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 Kingstate Electronics is operating at the current time. Most of Kingstate Electronics' value examination focuses on studying past and present price action to predict the probability of Kingstate Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kingstate Electronics' price. Additionally, you may evaluate how the addition of Kingstate Electronics to your portfolios can decrease your overall portfolio volatility.