Murudeshwar Ceramics Return On Asset vs. Book Value Per Share
| MURUDCERA | 54.56 0.55 1.02% |
For Murudeshwar Ceramics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Murudeshwar Ceramics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Murudeshwar Ceramics Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Murudeshwar Ceramics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Murudeshwar Ceramics Limited over time as well as its relative position and ranking within its peers.
Murudeshwar |
Murudeshwar Ceramics Book Value Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Murudeshwar Ceramics's current stock value. Our valuation model uses many indicators to compare Murudeshwar Ceramics value to that of its competitors to determine the firm's financial worth. Murudeshwar Ceramics Limited is regarded fourth in return on asset category among its peers. It also is regarded fourth in book value per share category among its peers creating about 2,902 of Book Value Per Share per Return On Asset. 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 Murudeshwar Ceramics' earnings, one of the primary drivers of an investment's value.Murudeshwar Book Value Per Share vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Murudeshwar Ceramics |
| = | 0.0208 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Murudeshwar Ceramics |
| = | 60.37 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.
Murudeshwar Book Value Per Share Comparison
Murudeshwar Ceramics is currently under evaluation in book value per share category among its peers.
Murudeshwar Ceramics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Murudeshwar Ceramics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Murudeshwar Ceramics will eventually generate negative long term returns. The profitability progress is the general direction of Murudeshwar Ceramics' change in net profit over the period of time. It can combine multiple indicators of Murudeshwar Ceramics, 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 | 1.5 B | 1.5 B | |
| Operating Income | 219.6 M | 138.8 M | |
| Income Before Tax | 114.9 M | 120.6 M | |
| Total Other Income Expense Net | -104.7 M | -109.9 M | |
| Net Income | 52.4 M | 37 M | |
| Income Tax Expense | 63.6 M | 66.8 M | |
| Net Income From Continuing Ops | 51.3 M | 53.8 M | |
| Net Income Applicable To Common Shares | 61.7 M | 64.8 M | |
| Interest Income | 120.3 M | 93 M | |
| Net Interest Income | -110.4 M | -115.9 M | |
| Change To Netincome | 75.7 M | 92.5 M |
Murudeshwar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Murudeshwar Ceramics. 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 Murudeshwar Ceramics 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 Murudeshwar Ceramics' important profitability drivers and their relationship over time.
Use Murudeshwar Ceramics 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 Murudeshwar Ceramics 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 Murudeshwar Ceramics will appreciate offsetting losses from the drop in the long position's value.Murudeshwar Ceramics Pair Trading
Murudeshwar Ceramics Limited Pair Trading Analysis
The ability to find closely correlated positions to Murudeshwar Ceramics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Murudeshwar Ceramics 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 Murudeshwar Ceramics - 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 Murudeshwar Ceramics Limited to buy it.
The correlation of Murudeshwar Ceramics 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 Murudeshwar Ceramics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Murudeshwar Ceramics 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 Murudeshwar Ceramics 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 Murudeshwar Ceramics position
In addition to having Murudeshwar Ceramics 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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Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in Murudeshwar Stock
To fully project Murudeshwar Ceramics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Murudeshwar Ceramics 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 Murudeshwar Ceramics' income statement, its balance sheet, and the statement of cash flows.