ASK AUTOMOTIVE Operating Margin vs. Return On Equity
| ASKAUTOLTD | 450.35 0.85 0.19% |
For ASK AUTOMOTIVE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ASK AUTOMOTIVE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ASK AUTOMOTIVE LIMITED utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ASK AUTOMOTIVE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ASK AUTOMOTIVE LIMITED over time as well as its relative position and ranking within its peers.
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ASK AUTOMOTIVE Return On Equity vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ASK AUTOMOTIVE's current stock value. Our valuation model uses many indicators to compare ASK AUTOMOTIVE value to that of its competitors to determine the firm's financial worth. ASK AUTOMOTIVE LIMITED is number one stock in operating margin category among its peers. It also is number one stock in return on equity category among its peers reporting about 2.77 of Return On Equity per Operating Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value ASK AUTOMOTIVE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ASK AUTOMOTIVE'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.ASK Return On Equity vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
ASK AUTOMOTIVE |
| = | 0.1 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
ASK AUTOMOTIVE |
| = | 0.27 |
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.
ASK Return On Equity Comparison
ASK AUTOMOTIVE is currently under evaluation in return on equity category among its peers.
ASK AUTOMOTIVE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ASK AUTOMOTIVE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ASK AUTOMOTIVE will eventually generate negative long term returns. The profitability progress is the general direction of ASK AUTOMOTIVE's change in net profit over the period of time. It can combine multiple indicators of ASK AUTOMOTIVE, 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 | ||
| Accumulated Other Comprehensive Income | 14.4 M | 8.4 M | |
| Operating Income | 2.3 B | 1.4 B | |
| Income Before Tax | 2.3 B | 1.8 B | |
| Total Other Income Expense Net | -4.7 M | -4.5 M | |
| Net Income | 1.7 B | 1.3 B | |
| Income Tax Expense | 562 M | 431.6 M | |
| Net Interest Income | -82.3 M | -86.5 M | |
| Interest Income | 23.5 M | 20 M | |
| Net Income From Continuing Ops | 1.4 B | 1.1 B |
ASK Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ASK AUTOMOTIVE. 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 ASK AUTOMOTIVE 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 ASK AUTOMOTIVE's important profitability drivers and their relationship over time.
Use ASK AUTOMOTIVE 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 ASK AUTOMOTIVE 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 ASK AUTOMOTIVE will appreciate offsetting losses from the drop in the long position's value.ASK AUTOMOTIVE Pair Trading
ASK AUTOMOTIVE LIMITED Pair Trading Analysis
The ability to find closely correlated positions to ASK AUTOMOTIVE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASK AUTOMOTIVE 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 ASK AUTOMOTIVE - 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 ASK AUTOMOTIVE LIMITED to buy it.
The correlation of ASK AUTOMOTIVE 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 ASK AUTOMOTIVE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASK AUTOMOTIVE 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 ASK AUTOMOTIVE 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 ASK AUTOMOTIVE position
In addition to having ASK AUTOMOTIVE 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 146 constituents at this time.
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Other Information on Investing in ASK Stock
To fully project ASK AUTOMOTIVE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ASK AUTOMOTIVE 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 ASK AUTOMOTIVE's income statement, its balance sheet, and the statement of cash flows.