ENKA Insaat Return On Equity vs. Return On Asset
| ENKAI Stock | TRY 51.65 0.45 0.88% |
For ENKA Insaat profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ENKA Insaat to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ENKA Insaat ve utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ENKA Insaat's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ENKA Insaat ve over time as well as its relative position and ranking within its peers.
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ENKA Insaat ve Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ENKA Insaat's current stock value. Our valuation model uses many indicators to compare ENKA Insaat value to that of its competitors to determine the firm's financial worth. ENKA Insaat ve is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value ENKA Insaat by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ENKA Insaat'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.ENKA Return On Asset 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.
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| = | -0.0256 |
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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.053 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
ENKA Return On Asset Comparison
ENKA Insaat is currently under evaluation in return on asset category among its peers.
ENKA Insaat Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ENKA Insaat, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ENKA Insaat will eventually generate negative long term returns. The profitability progress is the general direction of ENKA Insaat's change in net profit over the period of time. It can combine multiple indicators of ENKA Insaat, 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.
Enka Insaat ve Sanayi A.S., together with its subsidiaries, operates as a construction company in Turkey, Russia, Kazakhstan, Georgia, Iraq, and internationally. Enka Insaat ve Sanayi A.S. was founded in 1957 and is headquartered in Istanbul, Turkey. ENKA INSAAT operates under Engineering Construction classification in Turkey and is traded on Istanbul Stock Exchange. It employs 16601 people.
ENKA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ENKA Insaat. 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 ENKA Insaat 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 ENKA Insaat's important profitability drivers and their relationship over time.
Use ENKA Insaat 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 ENKA Insaat 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 ENKA Insaat will appreciate offsetting losses from the drop in the long position's value.ENKA Insaat Pair Trading
ENKA Insaat ve Pair Trading Analysis
The ability to find closely correlated positions to ENKA Insaat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ENKA Insaat 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 ENKA Insaat - 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 ENKA Insaat ve to buy it.
The correlation of ENKA Insaat 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 ENKA Insaat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ENKA Insaat 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 ENKA Insaat 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 ENKA Insaat position
In addition to having ENKA Insaat 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in ENKA Stock
To fully project ENKA Insaat's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ENKA Insaat 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 ENKA Insaat's income statement, its balance sheet, and the statement of cash flows.