Modernform Group EBITDA vs. Return On Equity
| MODERN Stock | THB 2.58 0.02 0.78% |
For Modernform Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Modernform Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Modernform Group Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Modernform Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Modernform Group Public over time as well as its relative position and ranking within its peers.
Modernform |
Modernform Group Public Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Modernform Group's current stock value. Our valuation model uses many indicators to compare Modernform Group value to that of its competitors to determine the firm's financial worth. Modernform Group Public is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in return on equity category among its peers . The ratio of EBITDA to Return On Equity for Modernform Group Public is about 13,196,827,126 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Modernform Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Modernform Group'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.Modernform Return On Equity 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.
Modernform Group |
| = | 220.39 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Modernform Group |
| = | 0.0167 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Modernform Return On Equity Comparison
Modernform Group is currently under evaluation in return on equity category among its peers.
Modernform Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Modernform Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Modernform Group will eventually generate negative long term returns. The profitability progress is the general direction of Modernform Group's change in net profit over the period of time. It can combine multiple indicators of Modernform Group, 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.
Modernform Group Public Company Limited manufactures and distributes residential and office furniture in Thailand. In addition, it offers office space rental distributes health and care products, tools, and equipment and provides landscape and interior design services. MODERNFORM GROUP operates under Home Furnishings Fixtures classification in Thailand and is traded on Stock Exchange of Thailand.
Modernform Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Modernform Group. 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 Modernform Group 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 Modernform Group's important profitability drivers and their relationship over time.
Use Modernform Group 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 Modernform Group 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 Modernform Group will appreciate offsetting losses from the drop in the long position's value.Modernform Group Pair Trading
Modernform Group Public Pair Trading Analysis
The ability to find closely correlated positions to Modernform Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Modernform Group 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 Modernform Group - 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 Modernform Group Public to buy it.
The correlation of Modernform Group 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 Modernform Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Modernform Group 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 Modernform Group 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 Modernform Group position
In addition to having Modernform Group 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.
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Other Information on Investing in Modernform Stock
To fully project Modernform Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Modernform Group 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 Modernform Group's income statement, its balance sheet, and the statement of cash flows.