BlueScope Steel Profit Margin vs. Return On Asset
| BLSFY Stock | USD 70.10 1.11 1.56% |
For BlueScope Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BlueScope Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BlueScope Steel Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BlueScope Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BlueScope Steel Ltd over time as well as its relative position and ranking within its peers.
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BlueScope Steel Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BlueScope Steel's current stock value. Our valuation model uses many indicators to compare BlueScope Steel value to that of its competitors to determine the firm's financial worth. BlueScope Steel Ltd is number one stock in profit margin category among its peers. It also is number one stock in return on asset category among its peers reporting about 1.07 of Return On Asset per Profit Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value BlueScope Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BlueScope Steel's Pink Sheet. 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.BlueScope Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
BlueScope Steel |
| = | 0.15 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
BlueScope Steel |
| = | 0.16 |
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.
BlueScope Return On Asset Comparison
BlueScope Steel is currently under evaluation in return on asset category among its peers.
BlueScope Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in BlueScope Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BlueScope Steel will eventually generate negative long term returns. The profitability progress is the general direction of BlueScope Steel's change in net profit over the period of time. It can combine multiple indicators of BlueScope Steel, 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.
BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. BlueScope Steel Limited was founded in 1885 and is headquartered in Melbourne, Australia. Bluescope Steel operates under Steel classification in the United States and is traded on OTC Exchange. It employs 15000 people.
BlueScope Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BlueScope Steel. 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 BlueScope Steel 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 BlueScope Steel's important profitability drivers and their relationship over time.
Use BlueScope Steel 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 BlueScope Steel 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 BlueScope Steel will appreciate offsetting losses from the drop in the long position's value.BlueScope Steel Pair Trading
BlueScope Steel Ltd Pair Trading Analysis
The ability to find closely correlated positions to BlueScope Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlueScope Steel 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 BlueScope Steel - 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 BlueScope Steel Ltd to buy it.
The correlation of BlueScope Steel 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 BlueScope Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlueScope Steel 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 BlueScope Steel 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 BlueScope Steel position
In addition to having BlueScope Steel 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 Most Shorted Equities Thematic Idea Now
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Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 237 constituents at this time.
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Additional Tools for BlueScope Pink Sheet Analysis
When running BlueScope Steel's price analysis, check to measure BlueScope Steel'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 BlueScope Steel is operating at the current time. Most of BlueScope Steel's value examination focuses on studying past and present price action to predict the probability of BlueScope Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueScope Steel's price. Additionally, you may evaluate how the addition of BlueScope Steel to your portfolios can decrease your overall portfolio volatility.