Diamond Building Net Income vs. Current Valuation
| DRT Stock | THB 7.70 0.05 0.65% |
For Diamond Building profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diamond Building to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diamond Building Products utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diamond Building's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diamond Building Products over time as well as its relative position and ranking within its peers.
Diamond |
Diamond Building Products Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diamond Building's current stock value. Our valuation model uses many indicators to compare Diamond Building value to that of its competitors to determine the firm's financial worth. Diamond Building Products is rated # 2 in net income category among its peers. It is rated as one of the top companies in current valuation category among its peers reporting about 12.59 of Current Valuation per Net Income. 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 Diamond Building's earnings, one of the primary drivers of an investment's value.Diamond Current Valuation vs. Net Income
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.
Diamond Building |
| = | 585.44 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Diamond Building |
| = | 7.37 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Diamond Current Valuation vs Competition
Diamond Building Products is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 108.26 Billion. Diamond Building holds roughly 7.37 Billion in current valuation claiming about 7% of all equities under Materials industry.
Diamond Building Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diamond Building, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diamond Building will eventually generate negative long term returns. The profitability progress is the general direction of Diamond Building's change in net profit over the period of time. It can combine multiple indicators of Diamond Building, 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.
Diamond Building Products Public Company Limited, together with its subsidiaries, manufactures and distributes roof tiles, artificial woods, and autoclaved aerated concrete products in Thailand and internationally. Diamond Building Products Public Company Limited is a subsidiary of Myriad Materials Co., Ltd. DIAMOND BUILDING operates under Building Materials classification in Thailand and is traded on Stock Exchange of Thailand.
Diamond Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diamond Building. 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 Diamond Building 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 Diamond Building's important profitability drivers and their relationship over time.
Use Diamond Building 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 Diamond Building 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 Diamond Building will appreciate offsetting losses from the drop in the long position's value.Diamond Building Pair Trading
Diamond Building Products Pair Trading Analysis
The ability to find closely correlated positions to Diamond Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diamond Building 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 Diamond Building - 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 Diamond Building Products to buy it.
The correlation of Diamond Building 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 Diamond Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diamond Building Products 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 Diamond Building 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 Diamond Building position
In addition to having Diamond Building 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 Cars Thematic Idea Now
Cars
Domestic and international companies involved in manufacturing and serving automobiles and trucks. The Cars theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cars Theme or any other thematic opportunities.
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Other Information on Investing in Diamond Stock
To fully project Diamond Building's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Diamond Building Products 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 Diamond Building's income statement, its balance sheet, and the statement of cash flows.