Addentax Group EBITDA vs. Price To Sales

ATXG Stock  USD 0.62  0  0.32%   
Considering Addentax Group's profitability and operating efficiency indicators, Addentax Group Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Addentax Group's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
883.9 K
Current Value
928.1 K
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Addentax Group's Days Of Sales Outstanding is most likely to decrease significantly in the upcoming years. At this time, Addentax Group's Income Before Tax is most likely to decrease significantly in the upcoming years. The Addentax Group's current Total Other Income Expense Net is estimated to increase to 2,677, while Non Operating Income Net Other is projected to decrease to 0.00.
For Addentax Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Addentax Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Addentax Group Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Addentax Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Addentax Group Corp over time as well as its relative position and ranking within its peers.
  
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Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addentax Group. If investors know Addentax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addentax Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
(0.70)
Revenue Per Share
1.037
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of Addentax Group Corp is measured differently than its book value, which is the value of Addentax that is recorded on the company's balance sheet. Investors also form their own opinion of Addentax Group's value that differs from its market value or its book value, called intrinsic value, which is Addentax Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addentax Group's market value can be influenced by many factors that don't directly affect Addentax Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addentax Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addentax Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addentax Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Addentax Group Corp Price To Sales vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Addentax Group's current stock value. Our valuation model uses many indicators to compare Addentax Group value to that of its competitors to determine the firm's financial worth.
Addentax Group Corp is rated below average in ebitda category among its peers. It is rated below average in price to sales category among its peers . The ratio of EBITDA to Price To Sales for Addentax Group Corp is about  1,149,616 . At this time, Addentax Group's EBITDA is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Addentax Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Addentax Price To Sales vs. EBITDA

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.

Addentax Group

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
883.94 K
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.
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.

Addentax Group

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.77 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.

Addentax Price To Sales Comparison

Addentax Group is currently under evaluation in price to sales category among its peers.

Addentax Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Addentax Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Addentax Group will eventually generate negative long term returns. The profitability progress is the general direction of Addentax Group's change in net profit over the period of time. It can combine multiple indicators of Addentax Group, 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 ReportedProjected for Next Year
Operating Income-1.1 M66.8 K
Net Income From Continuing Ops-3.1 M56.3 K
Income Before Tax-3.1 M69.5 K
Total Other Income Expense Net-2 M2.7 K
Net Income Applicable To Common Shares50.6 K53.2 K
Net Income-3.1 M56.3 K
Income Tax Expense11.6 K13.2 K
Net Interest Income-3.6 M-3.5 M
Interest Income6.9 K5.2 K
Change To Netincome184.3 K129.3 K
Net Loss(0.71)(0.67)
Income Quality 0.13  0.13 
Net Income Per E B T 1.00  1.17 

Addentax Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Addentax Group. 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 Addentax Group 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 Addentax Group's important profitability drivers and their relationship over time.

Use Addentax Group 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 Addentax Group 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 Addentax Group will appreciate offsetting losses from the drop in the long position's value.

Addentax Group Pair Trading

Addentax Group Corp Pair Trading Analysis

The ability to find closely correlated positions to Addentax Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addentax Group 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 Addentax Group - 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 Addentax Group Corp to buy it.
The correlation of Addentax Group 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 Addentax Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addentax Group Corp 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 Addentax Group 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.
Pair CorrelationCorrelation Matching

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When determining whether Addentax Group Corp is a strong investment it is important to analyze Addentax Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addentax Group's future performance. For an informed investment choice regarding Addentax Stock, refer to the following important reports:
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You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
To fully project Addentax Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Addentax Group Corp 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 Addentax Group's income statement, its balance sheet, and the statement of cash flows.
Potential Addentax Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Addentax Group investors may work on each financial statement separately, they are all related. The changes in Addentax Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Addentax Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.