Modi Rubber Net Income vs. Book Value Per Share
| MODIRUBBER | 131.84 1.94 1.49% |
Net Income | First Reported 2012-06-30 | Previous Quarter 67.9 M | Current Value 63.2 M | Quarterly Volatility 101.5 M |
For Modi Rubber profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Modi Rubber to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Modi Rubber Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Modi Rubber's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Modi Rubber Limited over time as well as its relative position and ranking within its peers.
Modi |
Modi Rubber Limited Book Value Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Modi Rubber's current stock value. Our valuation model uses many indicators to compare Modi Rubber value to that of its competitors to determine the firm's financial worth. Modi Rubber Limited is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in book value per share category among its peers . The ratio of Net Income to Book Value Per Share for Modi Rubber Limited is about 593,756 . At present, Modi Rubber's Net Income is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Modi Rubber by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Modi Rubber'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.Modi 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.
Modi Rubber |
| = | 155.28 M |
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.
Modi Rubber |
| = | 261.52 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.
Modi Book Value Per Share Comparison
Modi Rubber is currently under evaluation in book value per share category among its peers.
Modi Rubber Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Modi Rubber, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Modi Rubber will eventually generate negative long term returns. The profitability progress is the general direction of Modi Rubber's change in net profit over the period of time. It can combine multiple indicators of Modi Rubber, 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 | 3.3 B | 3.4 B | |
| Operating Income | -211 M | -200.5 M | |
| Income Before Tax | 260.8 M | 194.7 M | |
| Total Other Income Expense Net | 260.8 M | 204.2 M | |
| Net Income | 155.3 M | 189.4 M | |
| Income Tax Expense | 105.5 M | 56.7 M | |
| Net Income From Continuing Ops | 155.3 M | 167.6 M | |
| Net Income Applicable To Common Shares | 318 M | 166.7 M | |
| Interest Income | 493.5 M | 275.6 M | |
| Net Interest Income | -35.4 M | -33.6 M | |
| Change To Netincome | -459.4 M | -436.4 M |
Modi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Modi Rubber. 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 Modi Rubber 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 Modi Rubber's important profitability drivers and their relationship over time.
Use Modi Rubber 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 Modi Rubber 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 Modi Rubber will appreciate offsetting losses from the drop in the long position's value.Modi Rubber Pair Trading
Modi Rubber Limited Pair Trading Analysis
The ability to find closely correlated positions to Modi Rubber could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Modi Rubber 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 Modi Rubber - 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 Modi Rubber Limited to buy it.
The correlation of Modi Rubber 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 Modi Rubber moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Modi Rubber Limited 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 Modi Rubber 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 Modi Rubber position
In addition to having Modi Rubber 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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An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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 Giant Impact Theme or any other thematic opportunities.
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Other Information on Investing in Modi Stock
To fully project Modi Rubber's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Modi Rubber Limited 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 Modi Rubber's income statement, its balance sheet, and the statement of cash flows.