Ichitan Group Cash Per Share vs. Revenue
| ICHI-R Stock | THB 14.40 0.54 3.90% |
For Ichitan Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ichitan Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ichitan Group Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ichitan Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ichitan Group Public over time as well as its relative position and ranking within its peers.
Ichitan |
Ichitan Group Public Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ichitan Group's current stock value. Our valuation model uses many indicators to compare Ichitan Group value to that of its competitors to determine the firm's financial worth. Ichitan Group Public is rated fourth overall in cash per share category among its peers. It also is rated fourth overall in revenue category among its peers totaling about 31,055,555,556 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ichitan Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ichitan Group'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.Ichitan Revenue vs. Cash Per Share
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.
Ichitan Group |
| = | 0.18 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.
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.
Ichitan Group |
| = | 5.59 B |
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.
Ichitan Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ichitan Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ichitan Group will eventually generate negative long term returns. The profitability progress is the general direction of Ichitan Group's change in net profit over the period of time. It can combine multiple indicators of Ichitan Group, 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.
Ichitan Group Public Company Limited manufactures and sells beverages in Thailand.
Ichitan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ichitan Group. 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 Ichitan Group 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 Ichitan Group's important profitability drivers and their relationship over time.
Use Ichitan Group 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 Ichitan Group 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 Ichitan Group will appreciate offsetting losses from the drop in the long position's value.Ichitan Group Pair Trading
Ichitan Group Public Pair Trading Analysis
The ability to find closely correlated positions to Ichitan Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ichitan Group 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 Ichitan Group - 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 Ichitan Group Public to buy it.
The correlation of Ichitan Group 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 Ichitan Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ichitan Group 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 Ichitan Group 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 Ichitan Group position
In addition to having Ichitan Group 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in Ichitan Stock
To fully project Ichitan Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ichitan Group 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 Ichitan Group's income statement, its balance sheet, and the statement of cash flows.