Ege Endustri Net Income vs. Cash Per Share
| EGEEN Stock | TRY 10,482 137.50 1.29% |
For Ege Endustri profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ege Endustri to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ege Endustri ve utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ege Endustri's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ege Endustri ve over time as well as its relative position and ranking within its peers.
Ege |
Ege Endustri ve Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ege Endustri's current stock value. Our valuation model uses many indicators to compare Ege Endustri value to that of its competitors to determine the firm's financial worth. Ege Endustri ve is rated below average in net income category among its peers. It is one of the top stocks in cash per share category among its peers . The ratio of Net Income to Cash Per Share for Ege Endustri ve is about 3,610,896 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ege Endustri by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ege Endustri'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.Ege Cash Per Share 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.
Ege Endustri |
| = | 603.53 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Ege Endustri |
| = | 167.14 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Ege Cash Per Share Comparison
Ege Endustri is currently under evaluation in cash per share category among its peers.
Ege Endustri Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ege Endustri, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ege Endustri will eventually generate negative long term returns. The profitability progress is the general direction of Ege Endustri's change in net profit over the period of time. It can combine multiple indicators of Ege Endustri, 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.
Ege Endstri ve Ticaret A.S. develops, manufactures, and sells axle and axle parts for the automotive industry in Turkey and internationally. Ege Endstri ve Ticaret A.S. is a subsidiary of Bayraktar Holding A.S. EGE ENDUSTRI operates under Auto Parts classification in Turkey and is traded on Istanbul Stock Exchange. It employs 516 people.
Ege Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ege Endustri. 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 Ege Endustri 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 Ege Endustri's important profitability drivers and their relationship over time.
Use Ege Endustri 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 Ege Endustri 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 Ege Endustri will appreciate offsetting losses from the drop in the long position's value.Ege Endustri Pair Trading
Ege Endustri ve Pair Trading Analysis
The ability to find closely correlated positions to Ege Endustri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ege Endustri 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 Ege Endustri - 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 Ege Endustri ve to buy it.
The correlation of Ege Endustri 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 Ege Endustri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ege Endustri ve 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 Ege Endustri 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 Ege Endustri position
In addition to having Ege Endustri 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 38 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Ege Stock
To fully project Ege Endustri's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ege Endustri ve 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 Ege Endustri's income statement, its balance sheet, and the statement of cash flows.