India Tourism Operating Margin vs. Return On Asset
| ITDC Stock | 619.95 27.50 4.64% |
For India Tourism profitability analysis, we use financial ratios and fundamental drivers that measure the ability of India Tourism to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well India Tourism Development utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between India Tourism's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of India Tourism Development over time as well as its relative position and ranking within its peers.
India |
India Tourism Development Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining India Tourism's current stock value. Our valuation model uses many indicators to compare India Tourism value to that of its competitors to determine the firm's financial worth. India Tourism Development is currently regarded as number one stock in operating margin category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about 0.81 of Return On Asset per Operating Margin. The ratio of Operating Margin to Return On Asset for India Tourism Development is roughly 1.24 . 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 India Tourism's earnings, one of the primary drivers of an investment's value.India Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
India Tourism |
| = | 0.07 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
India Tourism |
| = | 0.0591 |
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.
India Return On Asset Comparison
India Tourism is currently under evaluation in return on asset category among its peers.
India Tourism Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in India Tourism, profitability is also one of the essential criteria for including it into their portfolios because, without profit, India Tourism will eventually generate negative long term returns. The profitability progress is the general direction of India Tourism's change in net profit over the period of time. It can combine multiple indicators of India Tourism, 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 | 5 M | 5.3 M | |
| Operating Income | 2.5 B | 2.6 B | |
| Income Before Tax | 1.1 B | 1.1 B | |
| Total Other Income Expense Net | -1.4 B | -1.3 B | |
| Net Income | 712.2 M | 747.8 M | |
| Income Tax Expense | 372.2 M | 390.8 M | |
| Net Income From Continuing Ops | 706.6 M | 741.9 M | |
| Net Income Applicable To Common Shares | 680.4 M | 714.4 M | |
| Interest Income | 8 M | 7.6 M | |
| Net Interest Income | -32.3 M | -30.7 M | |
| Change To Netincome | 97.8 M | 102.7 M |
India Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on India Tourism. 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 India Tourism 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 India Tourism's important profitability drivers and their relationship over time.
Use India Tourism 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 India Tourism 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 India Tourism will appreciate offsetting losses from the drop in the long position's value.India Tourism Pair Trading
India Tourism Development Pair Trading Analysis
The ability to find closely correlated positions to India Tourism could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace India Tourism 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 India Tourism - 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 India Tourism Development to buy it.
The correlation of India Tourism 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 India Tourism moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if India Tourism Development 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 India Tourism 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 India Tourism position
In addition to having India Tourism 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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Additional Tools for India Stock Analysis
When running India Tourism's price analysis, check to measure India Tourism'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 India Tourism is operating at the current time. Most of India Tourism's value examination focuses on studying past and present price action to predict the probability of India Tourism's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Tourism's price. Additionally, you may evaluate how the addition of India Tourism to your portfolios can decrease your overall portfolio volatility.