Energy Absolute EBITDA vs. Return On Equity
| EA Stock | THB 6.35 0.95 17.59% |
For Energy Absolute profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Energy Absolute to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Energy Absolute Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Energy Absolute's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Energy Absolute Public over time as well as its relative position and ranking within its peers.
Energy |
Energy Absolute Public Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Energy Absolute's current stock value. Our valuation model uses many indicators to compare Energy Absolute value to that of its competitors to determine the firm's financial worth. Energy Absolute Public is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in return on equity category among its peers . The ratio of EBITDA to Return On Equity for Energy Absolute Public is about 52,304,258,223 . 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 Energy Absolute's earnings, one of the primary drivers of an investment's value.Energy Return On Equity 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.
Energy Absolute |
| = | 10.01 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.
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.
Energy Absolute |
| = | 0.19 |
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.
Energy Return On Equity Comparison
Energy Absolute is currently under evaluation in return on equity category among its peers.
Energy Absolute Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Energy Absolute, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Energy Absolute will eventually generate negative long term returns. The profitability progress is the general direction of Energy Absolute's change in net profit over the period of time. It can combine multiple indicators of Energy Absolute, 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.
Energy Absolute Public Company Limited, together with its subsidiaries, produces and distributes biodiesel, purified glycerin, and byproducts in Thailand. Energy Absolute Public Company Limited was incorporated in 2006 and is headquartered in Bangkok, Thailand. ENERGY ABSOLUTE operates under UtilitiesRenewable classification in Thailand and is traded on Stock Exchange of Thailand.
Energy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Energy Absolute. 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 Energy Absolute 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 Energy Absolute's important profitability drivers and their relationship over time.
Use Energy Absolute 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 Energy Absolute 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 Energy Absolute will appreciate offsetting losses from the drop in the long position's value.Energy Absolute Pair Trading
Energy Absolute Public Pair Trading Analysis
The ability to find closely correlated positions to Energy Absolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Absolute 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 Energy Absolute - 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 Energy Absolute Public to buy it.
The correlation of Energy Absolute 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 Energy Absolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Absolute Public 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 Energy Absolute 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 Energy Absolute position
In addition to having Energy Absolute 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 Aircraft Thematic Idea Now
Aircraft
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Aircraft theme has 45 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 Aircraft Theme or any other thematic opportunities.
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Other Information on Investing in Energy Stock
To fully project Energy Absolute's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Energy Absolute Public 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 Energy Absolute's income statement, its balance sheet, and the statement of cash flows.