Tianjin Silvery EBITDA vs. Current Valuation
| 603969 Stock | 5.82 0.33 6.01% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 221.3 M | Current Value 254.9 M | Quarterly Volatility 38.9 M |
For Tianjin Silvery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tianjin Silvery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tianjin Silvery Dragon utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tianjin Silvery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tianjin Silvery Dragon over time as well as its relative position and ranking within its peers.
Tianjin |
Tianjin Silvery Dragon Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tianjin Silvery's current stock value. Our valuation model uses many indicators to compare Tianjin Silvery value to that of its competitors to determine the firm's financial worth. Tianjin Silvery Dragon is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers reporting about 17.20 of Current Valuation per EBITDA. At present, Tianjin Silvery's EBITDA is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tianjin Silvery by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tianjin Silvery'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.Tianjin Current Valuation 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.
Tianjin Silvery |
| = | 316.28 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.
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.
Tianjin Silvery |
| = | 5.44 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.
Tianjin Current Valuation vs Competition
Tianjin Silvery Dragon is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 58.44 Billion. Tianjin Silvery holds roughly 5.44 Billion in current valuation claiming about 9% of all equities under Materials industry.
Tianjin Silvery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tianjin Silvery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tianjin Silvery will eventually generate negative long term returns. The profitability progress is the general direction of Tianjin Silvery's change in net profit over the period of time. It can combine multiple indicators of Tianjin Silvery, 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 Reported | Projected for Next Year | ||
| Operating Income | 223.7 M | 192.7 M | |
| Income Before Tax | 209.1 M | 171.1 M | |
| Net Income Applicable To Common Shares | 119.4 M | 134 M | |
| Net Income | 171.6 M | 138.2 M | |
| Income Tax Expense | 26.8 M | 29.2 M | |
| Net Income From Continuing Ops | 182.1 M | 160.2 M | |
| Total Other Income Expense Net | 18.1 M | 10.1 M | |
| Net Interest Income | -11 M | -11.6 M | |
| Interest Income | 5.3 M | 5.3 M | |
| Change To Netincome | 61.3 M | 43.5 M |
Tianjin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tianjin Silvery. 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 Tianjin Silvery 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 Tianjin Silvery's important profitability drivers and their relationship over time.
Use Tianjin Silvery 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 Tianjin Silvery 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 Tianjin Silvery will appreciate offsetting losses from the drop in the long position's value.Tianjin Silvery Pair Trading
Tianjin Silvery Dragon Pair Trading Analysis
The ability to find closely correlated positions to Tianjin Silvery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tianjin Silvery 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 Tianjin Silvery - 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 Tianjin Silvery Dragon to buy it.
The correlation of Tianjin Silvery 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 Tianjin Silvery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tianjin Silvery Dragon 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 Tianjin Silvery 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 Tianjin Silvery position
In addition to having Tianjin Silvery 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 Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 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 Petroleum and Natural Gas Theme or any other thematic opportunities.
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Other Information on Investing in Tianjin Stock
To fully project Tianjin Silvery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tianjin Silvery Dragon 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 Tianjin Silvery's income statement, its balance sheet, and the statement of cash flows.