Asuransi Bintang Net Income vs. Current Valuation
| ASBI Stock | IDR 680.00 80.00 13.33% |
For Asuransi Bintang profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Asuransi Bintang to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Asuransi Bintang Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Asuransi Bintang's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Asuransi Bintang Tbk over time as well as its relative position and ranking within its peers.
Asuransi |
Asuransi Bintang Tbk Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Asuransi Bintang's current stock value. Our valuation model uses many indicators to compare Asuransi Bintang value to that of its competitors to determine the firm's financial worth. Asuransi Bintang Tbk is rated fourth in net income category among its peers. It is rated below average in current valuation category among its peers reporting about 0.16 of Current Valuation per Net Income. The ratio of Net Income to Current Valuation for Asuransi Bintang Tbk is roughly 6.33 . 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 Asuransi Bintang's earnings, one of the primary drivers of an investment's value.Asuransi Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Asuransi Bintang |
| = | 16.44 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Asuransi Bintang |
| = | 2.6 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.
Asuransi Current Valuation vs Competition
Asuransi Bintang Tbk is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 4.59 Trillion. Asuransi Bintang adds roughly 2.6 Billion in current valuation claiming only tiny portion of equities under Financials industry.
Asuransi Bintang Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Asuransi Bintang, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Asuransi Bintang will eventually generate negative long term returns. The profitability progress is the general direction of Asuransi Bintang's change in net profit over the period of time. It can combine multiple indicators of Asuransi Bintang, 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.
PT Asuransi Bintang Tbk engages in general insurance business in Indonesia. The company was founded in 1955 and is headquartered in Jakarta, Indonesia. Asuransi Bintang is traded on Jakarta Stock Exchange in Indonesia.
Asuransi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Asuransi Bintang. 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 Asuransi Bintang 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 Asuransi Bintang's important profitability drivers and their relationship over time.
Use Asuransi Bintang 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 Asuransi Bintang 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 Asuransi Bintang will appreciate offsetting losses from the drop in the long position's value.Asuransi Bintang Pair Trading
Asuransi Bintang Tbk Pair Trading Analysis
The ability to find closely correlated positions to Asuransi Bintang could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Bintang 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 Asuransi Bintang - 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 Asuransi Bintang Tbk to buy it.
The correlation of Asuransi Bintang 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 Asuransi Bintang moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Bintang Tbk 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 Asuransi Bintang 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 Asuransi Bintang position
In addition to having Asuransi Bintang 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 Silver Thematic Idea Now
Silver
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 39 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 Silver Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Asuransi Stock
To fully project Asuransi Bintang's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Asuransi Bintang Tbk 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 Asuransi Bintang's income statement, its balance sheet, and the statement of cash flows.