Micro Leasing EBITDA vs. Gross Profit
| MICRO Stock | THB 1.10 0.02 1.85% |
For Micro Leasing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Micro Leasing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Micro Leasing Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Micro Leasing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Micro Leasing Public over time as well as its relative position and ranking within its peers.
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Micro Leasing Public Gross Profit vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Micro Leasing's current stock value. Our valuation model uses many indicators to compare Micro Leasing value to that of its competitors to determine the firm's financial worth. Micro Leasing Public is regarded second in ebitda category among its peers. It also is regarded second in gross profit category among its peers fabricating about 1.10 of Gross Profit per EBITDA. Comparative valuation analysis is a catch-all model that can be used if you cannot value Micro Leasing by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Micro Leasing'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.Micro Gross Profit 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.
Micro Leasing |
| = | 248.47 M |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Micro Leasing |
| = | 272.43 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Micro Gross Profit Comparison
Micro Leasing is currently under evaluation in gross profit category among its peers.
Micro Leasing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Micro Leasing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Micro Leasing will eventually generate negative long term returns. The profitability progress is the general direction of Micro Leasing's change in net profit over the period of time. It can combine multiple indicators of Micro Leasing, 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.
Micro Leasing Public Company Limited provides hire-purchase finance for six-wheel and ten-wheel trucks in Thailand. The company was founded in 1994 and is headquartered in Nakhon Pathom, Thailand. MICRO LEASING operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Micro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Micro Leasing. 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 Micro Leasing 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 Micro Leasing's important profitability drivers and their relationship over time.
Use Micro Leasing 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 Micro Leasing 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 Micro Leasing will appreciate offsetting losses from the drop in the long position's value.Micro Leasing Pair Trading
Micro Leasing Public Pair Trading Analysis
The ability to find closely correlated positions to Micro Leasing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Micro Leasing 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 Micro Leasing - 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 Micro Leasing Public to buy it.
The correlation of Micro Leasing 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 Micro Leasing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Micro Leasing Public 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 Micro Leasing 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 Micro Leasing position
In addition to having Micro Leasing 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 Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 39 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 Sport Products Theme or any other thematic opportunities.
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Other Information on Investing in Micro Stock
To fully project Micro Leasing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Micro Leasing Public 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 Micro Leasing's income statement, its balance sheet, and the statement of cash flows.