Delek Automotive EBITDA vs. Net Income
| DLEA Stock | ILA 2,566 18.00 0.70% |
For Delek Automotive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Delek Automotive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Delek Automotive Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Delek Automotive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Delek Automotive Systems over time as well as its relative position and ranking within its peers.
Delek |
Delek Automotive Systems Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Delek Automotive's current stock value. Our valuation model uses many indicators to compare Delek Automotive value to that of its competitors to determine the firm's financial worth. Delek Automotive Systems is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.62 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Delek Automotive Systems is roughly 1.62 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Delek Automotive by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Delek 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.Delek Net Income 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.
Delek Automotive |
| = | 1.17 B |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Delek Automotive |
| = | 725.34 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Delek Net Income Comparison
Delek Automotive is currently under evaluation in net income category among its peers.
Delek Automotive Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Delek Automotive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Delek Automotive will eventually generate negative long term returns. The profitability progress is the general direction of Delek Automotive's change in net profit over the period of time. It can combine multiple indicators of Delek 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.
Delek Automotive Systems Ltd. imports and distributes cars and motorcycles in Israel. Delek Automotive Systems Ltd. was founded in 1965 and is headquartered in Nir Tzvi, Israel. DELEK AUTOMOTIVE operates under Auto Truck Dealerships classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 318 people.
Delek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Delek 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 Delek 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 Delek Automotive's important profitability drivers and their relationship over time.
Use Delek 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 Delek 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 Delek Automotive will appreciate offsetting losses from the drop in the long position's value.Delek Automotive Pair Trading
Delek Automotive Systems Pair Trading Analysis
The ability to find closely correlated positions to Delek 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 Delek 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 Delek 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 Delek Automotive Systems to buy it.
The correlation of Delek 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 Delek Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Delek Automotive Systems 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 Delek 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 Delek Automotive position
In addition to having Delek 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?
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Other Information on Investing in Delek Stock
To fully project Delek Automotive's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Delek Automotive Systems 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 Delek Automotive's income statement, its balance sheet, and the statement of cash flows.