Indo Kordsa Revenue vs. Return On Asset
| BRAM Stock | IDR 5,975 150.00 2.58% |
For Indo Kordsa profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Indo Kordsa to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Indo Kordsa Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Indo Kordsa's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Indo Kordsa Tbk over time as well as its relative position and ranking within its peers.
Indo |
Indo Kordsa Tbk Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Indo Kordsa's current stock value. Our valuation model uses many indicators to compare Indo Kordsa value to that of its competitors to determine the firm's financial worth. Indo Kordsa Tbk is rated fourth in revenue category among its peers. It is number one stock in return on asset category among its peers . The ratio of Revenue to Return On Asset for Indo Kordsa Tbk is about 3,074,162,130 . 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 Indo Kordsa's earnings, one of the primary drivers of an investment's value.Indo Revenue vs. Competition
Indo Kordsa Tbk is rated fourth in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 3.08 Trillion. Indo Kordsa adds roughly 259.77 Million in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
Indo Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Indo Kordsa |
| = | 259.77 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Indo Kordsa |
| = | 0.0845 |
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.
Indo Return On Asset Comparison
Indo Kordsa is currently under evaluation in return on asset category among its peers.
Indo Kordsa Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Indo Kordsa, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Indo Kordsa will eventually generate negative long term returns. The profitability progress is the general direction of Indo Kordsa's change in net profit over the period of time. It can combine multiple indicators of Indo Kordsa, 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 Indo Kordsa Tbk manufactures, markets, and sells tire cord fabrics and yarn filaments in Indonesia, Thailand, Korea, Japan, China, Vietnam, Turkey, Taiwan, Brazil, and internationally. PT Indo Kordsa Tbk operates as a subsidiary of Kordsa Teknik Tekstil A.S. Indo Kordsa operates under Auto Parts classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 1504 people.
Indo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Indo Kordsa. 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 Indo Kordsa 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 Indo Kordsa's important profitability drivers and their relationship over time.
Use Indo Kordsa 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 Indo Kordsa 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 Indo Kordsa will appreciate offsetting losses from the drop in the long position's value.Indo Kordsa Pair Trading
Indo Kordsa Tbk Pair Trading Analysis
The ability to find closely correlated positions to Indo Kordsa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indo Kordsa 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 Indo Kordsa - 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 Indo Kordsa Tbk to buy it.
The correlation of Indo Kordsa 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 Indo Kordsa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indo Kordsa 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 Indo Kordsa 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 Indo Kordsa position
In addition to having Indo Kordsa 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?
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Other Information on Investing in Indo Stock
To fully project Indo Kordsa's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Indo Kordsa 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 Indo Kordsa's income statement, its balance sheet, and the statement of cash flows.