ICL Israel Cash Per Share vs. Revenue
| ICL Stock | ILA 1,640 34.00 2.03% |
For ICL Israel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ICL Israel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ICL Israel Chemicals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ICL Israel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ICL Israel Chemicals over time as well as its relative position and ranking within its peers.
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ICL Israel Chemicals Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ICL Israel's current stock value. Our valuation model uses many indicators to compare ICL Israel value to that of its competitors to determine the firm's financial worth. ICL Israel Chemicals is currently regarded as number one stock in cash per share category among its peers. It also is considered the number one company in revenue category among its peers totaling about 18,302,631,579 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value ICL Israel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ICL Israel'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.ICL 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.
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| = | 0.38 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.
ICL Israel |
| = | 6.96 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.
ICL Revenue vs Competition
ICL Israel Chemicals is considered the number one company in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 26.68 Billion. ICL Israel totals roughly 6.96 Billion in revenue claiming about 26% of all equities under Materials industry.
ICL Israel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ICL Israel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ICL Israel will eventually generate negative long term returns. The profitability progress is the general direction of ICL Israel's change in net profit over the period of time. It can combine multiple indicators of ICL Israel, 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.
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. ICL Group Ltd was founded in 1968 and is headquartered in Tel Aviv, Israel. ICL GROUP operates under Agricultural Inputs classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 10832 people.
ICL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ICL Israel. 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 ICL Israel 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 ICL Israel's important profitability drivers and their relationship over time.
Use ICL Israel 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 ICL Israel 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 ICL Israel will appreciate offsetting losses from the drop in the long position's value.ICL Israel Pair Trading
ICL Israel Chemicals Pair Trading Analysis
The ability to find closely correlated positions to ICL Israel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICL Israel 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 ICL Israel - 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 ICL Israel Chemicals to buy it.
The correlation of ICL Israel 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 ICL Israel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICL Israel Chemicals 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 ICL Israel 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 ICL Israel position
In addition to having ICL Israel 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in ICL Stock
When determining whether ICL Israel Chemicals is a strong investment it is important to analyze ICL Israel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ICL Israel's future performance. For an informed investment choice regarding ICL Stock, refer to the following important reports:Check out Risk vs Return Analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
To fully project ICL Israel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ICL Israel Chemicals 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 ICL Israel's income statement, its balance sheet, and the statement of cash flows.