IDFC First Price To Sales vs. Net Income
| IDFCFIRSTB | 65.87 0.65 1.00% |
For IDFC First profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IDFC First to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IDFC First Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IDFC First's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IDFC First Bank over time as well as its relative position and ranking within its peers.
IDFC |
IDFC First Bank Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IDFC First's current stock value. Our valuation model uses many indicators to compare IDFC First value to that of its competitors to determine the firm's financial worth. IDFC First Bank is rated second overall in price to sales category among its peers. It is currently regarded as number one stock in net income category among its peers making up about 15,852,216,012 of Net Income per Price To Sales. At this time, IDFC First's Net Income is relatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IDFC First's earnings, one of the primary drivers of an investment's value.IDFC Net Income vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
IDFC First |
| = | 2.43 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
IDFC First |
| = | 38.57 B |
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.
IDFC Net Income Comparison
IDFC First is currently under evaluation in net income category among its peers.
IDFC First Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IDFC First, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IDFC First will eventually generate negative long term returns. The profitability progress is the general direction of IDFC First's change in net profit over the period of time. It can combine multiple indicators of IDFC First, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 13.3 B | 14 B | |
| Operating Income | 37.5 B | 39.3 B | |
| Net Income From Continuing Ops | 29.4 B | 30.9 B | |
| Income Before Tax | 38.6 B | 40.5 B | |
| Total Other Income Expense Net | 1.1 B | 1.2 B | |
| Net Income Applicable To Common Shares | 28.6 B | 30 B | |
| Net Income | 38.6 B | 40.5 B | |
| Income Tax Expense | 9.1 B | 9.6 B | |
| Net Interest Income | 164.5 B | 172.8 B | |
| Interest Income | 303.3 B | 181.9 B | |
| Change To Netincome | 28.1 B | 17.7 B |
IDFC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IDFC First. 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 IDFC First 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 IDFC First's important profitability drivers and their relationship over time.
Use IDFC First 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 IDFC First 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 IDFC First will appreciate offsetting losses from the drop in the long position's value.IDFC First Pair Trading
IDFC First Bank Pair Trading Analysis
The ability to find closely correlated positions to IDFC First could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IDFC First 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 IDFC First - 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 IDFC First Bank to buy it.
The correlation of IDFC First 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 IDFC First moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IDFC First Bank 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 IDFC First 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 IDFC First position
In addition to having IDFC First 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 Beer and Liquor Thematic Idea Now
Beer and Liquor
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Beer and Liquor theme has 32 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 Beer and Liquor Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for IDFC Stock Analysis
When running IDFC First's price analysis, check to measure IDFC First's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDFC First is operating at the current time. Most of IDFC First's value examination focuses on studying past and present price action to predict the probability of IDFC First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDFC First's price. Additionally, you may evaluate how the addition of IDFC First to your portfolios can decrease your overall portfolio volatility.