Gloria Material Revenue vs. Current Valuation
| 5009 Stock | TWD 47.95 1.00 2.04% |
For Gloria Material profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gloria Material to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gloria Material Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gloria Material's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gloria Material Technology over time as well as its relative position and ranking within its peers.
Gloria |
Gloria Material Tech Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gloria Material's current stock value. Our valuation model uses many indicators to compare Gloria Material value to that of its competitors to determine the firm's financial worth. Gloria Material Technology is the top company in revenue category among its peers. It also is the top company in current valuation category among its peers reporting about 2.96 of Current Valuation per Revenue. 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 Gloria Material's earnings, one of the primary drivers of an investment's value.Gloria Revenue vs. Competition
Gloria Material Technology is the top company in revenue category among its peers. Market size based on revenue of Steel industry is presently estimated at about 106.36 Billion. Gloria Material holds roughly 8.77 Billion in revenue claiming about 8% of equities listed under Steel industry.
Gloria Current Valuation 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.
Gloria Material |
| = | 8.77 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.
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.
Gloria Material |
| = | 25.98 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.
Gloria Current Valuation vs Competition
Gloria Material Technology is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Steel industry is presently estimated at about 174.77 Billion. Gloria Material retains roughly 25.98 Billion in current valuation claiming about 15% of equities listed under Steel industry.
Gloria Material Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gloria Material, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gloria Material will eventually generate negative long term returns. The profitability progress is the general direction of Gloria Material's change in net profit over the period of time. It can combine multiple indicators of Gloria Material, 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.
Gloria Material Technology Corp. manufactures and sells alloy steel and valve-parts in Taiwan and internationally. Gloria Material Technology Corp. was founded in 1988 and is headquartered in Tainan City, Taiwan. GLORIA MATERIAL operates under Steel classification in Taiwan and is traded on Taiwan OTC Exchange.
Gloria Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gloria Material. 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 Gloria Material 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 Gloria Material's important profitability drivers and their relationship over time.
Use Gloria Material 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 Gloria Material 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 Gloria Material will appreciate offsetting losses from the drop in the long position's value.Gloria Material Pair Trading
Gloria Material Technology Pair Trading Analysis
The ability to find closely correlated positions to Gloria Material could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gloria Material 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 Gloria Material - 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 Gloria Material Technology to buy it.
The correlation of Gloria Material 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 Gloria Material moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gloria Material Tech 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 Gloria Material 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 Gloria Material position
In addition to having Gloria Material 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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Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 45 constituents at this time.
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Additional Tools for Gloria Stock Analysis
When running Gloria Material's price analysis, check to measure Gloria Material'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 Gloria Material is operating at the current time. Most of Gloria Material's value examination focuses on studying past and present price action to predict the probability of Gloria Material's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gloria Material's price. Additionally, you may evaluate how the addition of Gloria Material to your portfolios can decrease your overall portfolio volatility.