Maithan Alloys EBITDA vs. Shares Outstanding
| MAITHANALL | 1,066 0.05 0% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 4.7 B | Current Value 2.8 B | Quarterly Volatility 2.8 B |
For Maithan Alloys profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Maithan Alloys to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Maithan Alloys Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Maithan Alloys's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Maithan Alloys Limited over time as well as its relative position and ranking within its peers.
Maithan |
Maithan Alloys Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Maithan Alloys's current stock value. Our valuation model uses many indicators to compare Maithan Alloys value to that of its competitors to determine the firm's financial worth. Maithan Alloys Limited is regarded fourth in ebitda category among its peers. It is regarded fifth in shares outstanding category among its peers creating about 0.01 of Shares Outstanding per EBITDA. The ratio of EBITDA to Shares Outstanding for Maithan Alloys Limited is roughly 161.87 . At this time, Maithan Alloys' EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Maithan Alloys by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Maithan Alloys' 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.Maithan Shares Outstanding vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Maithan Alloys |
| = | 4.71 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Maithan Alloys |
| = | 29.11 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Maithan Shares Outstanding Comparison
Maithan Alloys is currently under evaluation in shares outstanding category among its peers.
Maithan Alloys Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Maithan Alloys, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Maithan Alloys will eventually generate negative long term returns. The profitability progress is the general direction of Maithan Alloys' change in net profit over the period of time. It can combine multiple indicators of Maithan Alloys, 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 | 553.9 M | 581.6 M | |
| Operating Income | 2.7 B | 2.4 B | |
| Income Before Tax | 4.5 B | 2.6 B | |
| Total Other Income Expense Net | 1.8 B | 1.9 B | |
| Net Income | 3.5 B | 2.5 B | |
| Income Tax Expense | 1 B | 592.9 M | |
| Net Income From Continuing Ops | 3.5 B | 3 B | |
| Net Income Applicable To Common Shares | 5.7 B | 2.9 B | |
| Interest Income | 20.2 M | 19.2 M | |
| Net Interest Income | -16.3 M | -17.1 M | |
| Change To Netincome | -194.7 M | -184.9 M |
Maithan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Maithan Alloys. 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 Maithan Alloys 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 Maithan Alloys' important profitability drivers and their relationship over time.
Use Maithan Alloys 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 Maithan Alloys 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 Maithan Alloys will appreciate offsetting losses from the drop in the long position's value.Maithan Alloys Pair Trading
Maithan Alloys Limited Pair Trading Analysis
The ability to find closely correlated positions to Maithan Alloys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maithan Alloys 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 Maithan Alloys - 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 Maithan Alloys Limited to buy it.
The correlation of Maithan Alloys 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 Maithan Alloys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maithan Alloys 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 Maithan Alloys 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 Maithan Alloys position
In addition to having Maithan Alloys 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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Other Information on Investing in Maithan Stock
To fully project Maithan Alloys' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Maithan Alloys 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 Maithan Alloys' income statement, its balance sheet, and the statement of cash flows.