CSP Steel Return On Equity vs. Revenue
| CSP Stock | THB 0.58 0.01 1.75% |
For CSP Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CSP Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CSP Steel Center utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CSP Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CSP Steel Center over time as well as its relative position and ranking within its peers.
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CSP Steel Center Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CSP Steel's current stock value. Our valuation model uses many indicators to compare CSP Steel value to that of its competitors to determine the firm's financial worth. CSP Steel Center is number one stock in return on equity category among its peers. It also is the top company in revenue category among its peers . 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 CSP Steel's earnings, one of the primary drivers of an investment's value.CSP Revenue vs. Return On Equity
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.
CSP Steel |
| = | -0.0022 |
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.
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.
CSP Steel |
| = | 3.02 B |
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.
CSP Revenue vs Competition
CSP Steel Center is the top company in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 166.04 Billion. CSP Steel claims roughly 3.02 Billion in revenue contributing just under 2% to all equities under Materials industry.
CSP Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CSP Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CSP Steel will eventually generate negative long term returns. The profitability progress is the general direction of CSP Steel's change in net profit over the period of time. It can combine multiple indicators of CSP 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.
CSP Steel Center Public Company Limited manufactures and distributes steel products. CSP Steel Center Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand. CSP STEEL operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
CSP Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CSP 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 CSP 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 CSP Steel's important profitability drivers and their relationship over time.
Use CSP 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 CSP 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 CSP Steel will appreciate offsetting losses from the drop in the long position's value.CSP Steel Pair Trading
CSP Steel Center Pair Trading Analysis
The ability to find closely correlated positions to CSP 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 CSP 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 CSP 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 CSP Steel Center to buy it.
The correlation of CSP 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 CSP Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSP Steel Center 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 CSP 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 CSP Steel position
In addition to having CSP 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?
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Other Information on Investing in CSP Stock
To fully project CSP Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CSP Steel Center 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 CSP Steel's income statement, its balance sheet, and the statement of cash flows.