CKM Building Return On Equity vs. Price To Earning
| 8930 Stock | TWD 33.60 0.45 1.32% |
For CKM Building profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CKM Building to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CKM Building Material utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CKM Building's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CKM Building Material over time as well as its relative position and ranking within its peers.
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CKM Building Material Price To Earning vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CKM Building's current stock value. Our valuation model uses many indicators to compare CKM Building value to that of its competitors to determine the firm's financial worth. CKM Building Material is rated below average in return on equity category among its peers. It is rated below average in price to earning category among its peers reporting about 166.48 of Price To Earning per Return On Equity. 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 CKM Building's earnings, one of the primary drivers of an investment's value.CKM Price To Earning vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
CKM Building |
| = | 0.13 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
CKM Building |
| = | 21.26 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CKM Price To Earning Comparison
CKM Building is rated fifth in price to earning category among its peers.
CKM Building Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CKM Building, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CKM Building will eventually generate negative long term returns. The profitability progress is the general direction of CKM Building's change in net profit over the period of time. It can combine multiple indicators of CKM Building, 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.
CKM Applied Materials Corp. develops metal building materials in Taiwan. The company was founded in 1982 and is headquartered in Tainan city, Taiwan. CKM APPLIED operates under Building Products Equipment classification in Taiwan and is traded on Taiwan OTC Exchange.
CKM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CKM Building. 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 CKM Building 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 CKM Building's important profitability drivers and their relationship over time.
Use CKM Building 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 CKM Building 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 CKM Building will appreciate offsetting losses from the drop in the long position's value.CKM Building Pair Trading
CKM Building Material Pair Trading Analysis
The ability to find closely correlated positions to CKM Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CKM Building 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 CKM Building - 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 CKM Building Material to buy it.
The correlation of CKM Building 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 CKM Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CKM Building Material 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 CKM Building 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 CKM Building position
In addition to having CKM Building 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 Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining 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 Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Additional Tools for CKM Stock Analysis
When running CKM Building's price analysis, check to measure CKM Building'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 CKM Building is operating at the current time. Most of CKM Building's value examination focuses on studying past and present price action to predict the probability of CKM Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CKM Building's price. Additionally, you may evaluate how the addition of CKM Building to your portfolios can decrease your overall portfolio volatility.