Hydrotek Public Return On Equity vs. Revenue
| HYDRO Stock | THB 0.16 0.02 11.11% |
For Hydrotek Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hydrotek Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hydrotek Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hydrotek Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hydrotek Public over time as well as its relative position and ranking within its peers.
Hydrotek |
Hydrotek Public Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hydrotek Public's current stock value. Our valuation model uses many indicators to compare Hydrotek Public value to that of its competitors to determine the firm's financial worth. Hydrotek Public is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in revenue category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hydrotek Public by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hydrotek Public'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.Hydrotek Revenue 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.
Hydrotek Public |
| = | -1.29 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hydrotek Public |
| = | 270.49 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Hydrotek Revenue vs Competition
Hydrotek Public is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Engineering & Construction industry is currently estimated at about 5.22 Billion. Hydrotek Public holds roughly 270.49 Million in revenue claiming about 5% of equities under Engineering & Construction industry.
Hydrotek Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hydrotek Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hydrotek Public will eventually generate negative long term returns. The profitability progress is the general direction of Hydrotek Public's change in net profit over the period of time. It can combine multiple indicators of Hydrotek Public, 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.
Hydrotek Public Company Limited, together with its subsidiaries, engages in the investment in, construction, and management of environmental engineering business in Thailand. The company was founded in 1982 and is headquartered in Bangkok, Thailand. HYDROTEK PUBLIC operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
Hydrotek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hydrotek Public. 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 Hydrotek Public 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 Hydrotek Public's important profitability drivers and their relationship over time.
Use Hydrotek Public 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 Hydrotek Public 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 Hydrotek Public will appreciate offsetting losses from the drop in the long position's value.Hydrotek Public Pair Trading
Hydrotek Public Pair Trading Analysis
The ability to find closely correlated positions to Hydrotek Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hydrotek Public 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 Hydrotek Public - 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 Hydrotek Public to buy it.
The correlation of Hydrotek Public 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 Hydrotek Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hydrotek 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 Hydrotek Public 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 Hydrotek Public position
In addition to having Hydrotek Public 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 Hydrotek Stock
To fully project Hydrotek Public's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hydrotek 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 Hydrotek Public's income statement, its balance sheet, and the statement of cash flows.