KEC International Net Income vs. Book Value Per Share
| KEC Stock | 999.20 7.20 0.73% |
Net Income | First Reported 2011-12-31 | Previous Quarter 875.8 M | Current Value 854.1 M | Quarterly Volatility 533.4 M |
For KEC International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KEC International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KEC International Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KEC International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KEC International Limited over time as well as its relative position and ranking within its peers.
KEC |
KEC International Book Value Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KEC International's current stock value. Our valuation model uses many indicators to compare KEC International value to that of its competitors to determine the firm's financial worth. KEC International Limited is currently regarded as number one stock in net income category among its peers. It also is currently regarded as number one stock in book value per share category among its peers . The ratio of Net Income to Book Value Per Share for KEC International Limited is about 17,644,156 . At present, KEC International's Net Income is projected to increase significantly based on the last few years of reporting. 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 KEC International's earnings, one of the primary drivers of an investment's value.KEC Book Value Per Share vs. Net Income
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.
KEC International |
| = | 3.47 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
KEC International |
| = | 196.54 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
KEC Book Value Per Share Comparison
KEC International is currently under evaluation in book value per share category among its peers.
KEC International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KEC International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KEC International will eventually generate negative long term returns. The profitability progress is the general direction of KEC International's change in net profit over the period of time. It can combine multiple indicators of KEC International, 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 | 4.7 B | 4.9 B | |
| Operating Income | 11.4 B | 12 B | |
| Income Before Tax | 4.3 B | 4 B | |
| Total Other Income Expense Net | -7.1 B | -7.5 B | |
| Net Income | 3.5 B | 3.3 B | |
| Income Tax Expense | 797.1 M | 1.3 B | |
| Net Income From Continuing Ops | 3.5 B | 3.6 B | |
| Net Income Applicable To Common Shares | 2 B | 3.6 B | |
| Interest Income | 6.2 B | 6.5 B | |
| Net Interest Income | -6.6 B | -6.2 B | |
| Change To Netincome | 1.4 B | 2.4 B |
KEC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KEC International. 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 KEC International 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 KEC International's important profitability drivers and their relationship over time.
Use KEC International 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 KEC International 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 KEC International will appreciate offsetting losses from the drop in the long position's value.KEC International Pair Trading
KEC International Limited Pair Trading Analysis
The ability to find closely correlated positions to KEC International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KEC International 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 KEC International - 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 KEC International Limited to buy it.
The correlation of KEC International 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 KEC International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KEC International 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 KEC International 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 KEC International position
In addition to having KEC International 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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Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 constituents at this time.
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Other Information on Investing in KEC Stock
To fully project KEC International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KEC International 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 KEC International's income statement, its balance sheet, and the statement of cash flows.