JAKS Resources Current Valuation vs. Total Asset

4723 Stock   0.13  0.01  7.14%   
Based on JAKS Resources' profitability indicators, JAKS Resources Bhd may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess JAKS Resources' ability to earn profits and add value for shareholders.
For JAKS Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of JAKS Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well JAKS Resources Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between JAKS Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of JAKS Resources Bhd over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between JAKS Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if JAKS Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JAKS Resources' 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.

JAKS Resources Bhd Total Asset vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining JAKS Resources's current stock value. Our valuation model uses many indicators to compare JAKS Resources value to that of its competitors to determine the firm's financial worth.
JAKS Resources Bhd is the top company in current valuation category among its peers. It also is number one stock in total asset category among its peers fabricating about  2.21  of Total Asset per Current Valuation. 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 JAKS Resources' earnings, one of the primary drivers of an investment's value.

JAKS Current Valuation vs. Competition

JAKS Resources Bhd is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Construction & Engineering industry is presently estimated at about 2.11 Billion. JAKS Resources totals roughly 989.2 Million in current valuation claiming about 47% of stocks in Construction & Engineering industry.

JAKS Total 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.

JAKS Resources

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
989.2 M
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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

JAKS Resources

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
2.19 B
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

JAKS Total Asset Comparison

JAKS Resources is currently under evaluation in total asset category among its peers.

JAKS Profitability Driver Comparison

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

Use JAKS Resources 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 JAKS Resources 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 JAKS Resources will appreciate offsetting losses from the drop in the long position's value.

JAKS Resources Pair Trading

JAKS Resources Bhd Pair Trading Analysis

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

In addition to having JAKS Resources 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.

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Monster Funds Theme
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Other Information on Investing in JAKS Stock

To fully project JAKS Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of JAKS Resources Bhd 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 JAKS Resources' income statement, its balance sheet, and the statement of cash flows.
Potential JAKS Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although JAKS Resources investors may work on each financial statement separately, they are all related. The changes in JAKS Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JAKS Resources'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.