Australian Unity Return On Asset vs. Price To Sales
| AOF Stock | 1.06 0.01 0.95% |
For Australian Unity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Australian Unity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Australian Unity Office utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Australian Unity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Australian Unity Office over time as well as its relative position and ranking within its peers.
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Australian Unity Office Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Australian Unity's current stock value. Our valuation model uses many indicators to compare Australian Unity value to that of its competitors to determine the firm's financial worth. Australian Unity Office is rated below average in return on asset category among its peers. It is rated fifth in price to sales category among its peers fabricating about 241.13 of Price To Sales per Return On Asset. 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 Australian Unity's earnings, one of the primary drivers of an investment's value.Australian Price To Sales vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Australian Unity |
| = | 0.0288 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Australian Unity |
| = | 6.94 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Australian Price To Sales Comparison
Australian Unity is rated fourth in price to sales category among its peers.
Australian Unity Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Australian Unity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Australian Unity will eventually generate negative long term returns. The profitability progress is the general direction of Australian Unity's change in net profit over the period of time. It can combine multiple indicators of Australian Unity, 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 | 24.9 M | 29.8 M | |
| Income Before Tax | -61.4 M | -58.3 M | |
| Total Other Income Expense Net | -86.2 M | -81.9 M | |
| Net Loss | -61.4 M | -58.3 M | |
| Income Tax Expense | 18.4 M | 19.7 M | |
| Net Loss | -61.4 M | -58.3 M | |
| Net Income Applicable To Common Shares | 687.6 K | 653.2 K | |
| Interest Income | 198 K | 188.1 K | |
| Net Interest Income | -834 K | -875.7 K | |
| Change To Netincome | 23.5 M | 24.7 M |
Australian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Australian Unity. 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 Australian Unity 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 Australian Unity's important profitability drivers and their relationship over time.
Use Australian Unity 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 Australian Unity 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 Australian Unity will appreciate offsetting losses from the drop in the long position's value.Australian Unity Pair Trading
Australian Unity Office Pair Trading Analysis
The ability to find closely correlated positions to Australian Unity could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Australian Unity 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 Australian Unity - 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 Australian Unity Office to buy it.
The correlation of Australian Unity 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 Australian Unity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Australian Unity Office 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 Australian Unity 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 Australian Unity position
In addition to having Australian Unity 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 Shipbuilding Railroad Equipment Thematic Idea Now
Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Additional Tools for Australian Stock Analysis
When running Australian Unity's price analysis, check to measure Australian Unity'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 Australian Unity is operating at the current time. Most of Australian Unity's value examination focuses on studying past and present price action to predict the probability of Australian Unity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Unity's price. Additionally, you may evaluate how the addition of Australian Unity to your portfolios can decrease your overall portfolio volatility.