Adaro Minerals Price To Book vs. EBITDA
| ADMR Stock | 1,230 35.00 2.77% |
For Adaro Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adaro Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adaro Minerals Indonesia utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adaro Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adaro Minerals Indonesia over time as well as its relative position and ranking within its peers.
Adaro |
Adaro Minerals Indonesia EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Adaro Minerals's current stock value. Our valuation model uses many indicators to compare Adaro Minerals value to that of its competitors to determine the firm's financial worth. Adaro Minerals Indonesia is number one stock in price to book category among its peers. It also is number one stock in ebitda category among its peers totaling about 49,608,169 of EBITDA per Price To Book. 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 Adaro Minerals' earnings, one of the primary drivers of an investment's value.Adaro EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Adaro Minerals |
| = | 11.37 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Adaro Minerals |
| = | 563.95 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.
Adaro EBITDA Comparison
Adaro Minerals is currently under evaluation in ebitda category among its peers.
Adaro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Adaro Minerals. 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 Adaro Minerals 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 Adaro Minerals' important profitability drivers and their relationship over time.
Use Adaro Minerals 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 Adaro Minerals 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 Adaro Minerals will appreciate offsetting losses from the drop in the long position's value.Adaro Minerals Pair Trading
Adaro Minerals Indonesia Pair Trading Analysis
The ability to find closely correlated positions to Adaro Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adaro Minerals 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 Adaro Minerals - 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 Adaro Minerals Indonesia to buy it.
The correlation of Adaro Minerals 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 Adaro Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adaro Minerals Indonesia 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 Adaro Minerals 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 Adaro Minerals position
In addition to having Adaro Minerals 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 Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 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 Corporate Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Adaro Stock
To fully project Adaro Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Adaro Minerals Indonesia 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 Adaro Minerals' income statement, its balance sheet, and the statement of cash flows.