Ndr Auto Profit Margin vs. Return On Asset
| NDRAUTO Stock | 774.60 22.25 2.79% |
For Ndr Auto profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ndr Auto to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ndr Auto Components utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ndr Auto's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ndr Auto Components over time as well as its relative position and ranking within its peers.
Ndr |
Ndr Auto Components Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ndr Auto's current stock value. Our valuation model uses many indicators to compare Ndr Auto value to that of its competitors to determine the firm's financial worth. Ndr Auto Components is regarded second in profit margin category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 1.17 of Return On Asset per Profit Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ndr Auto by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ndr Auto'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.Ndr Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Ndr Auto |
| = | 0.07 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Ndr Auto |
| = | 0.0774 |
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.
Ndr Return On Asset Comparison
Ndr Auto is currently under evaluation in return on asset category among its peers.
Ndr Auto Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ndr Auto, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ndr Auto will eventually generate negative long term returns. The profitability progress is the general direction of Ndr Auto's change in net profit over the period of time. It can combine multiple indicators of Ndr Auto, 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 | 1.4 B | 1.3 B | |
| Operating Income | 1.3 B | 1.4 B | |
| Income Before Tax | 568.7 M | 597.1 M | |
| Total Other Income Expense Net | -588.6 M | -559.2 M | |
| Net Income Applicable To Common Shares | 323.2 M | 339.4 M | |
| Net Income | 445.2 M | 467.5 M | |
| Income Tax Expense | 123.5 M | 129.7 M | |
| Net Interest Income | -25.7 M | -24.4 M | |
| Net Income From Continuing Ops | 445.2 M | 467.5 M | |
| Interest Income | 20.4 M | 28.9 M | |
| Change To Netincome | -94.6 M | -99.3 M |
Ndr Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ndr Auto. 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 Ndr Auto 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 Ndr Auto's important profitability drivers and their relationship over time.
Use Ndr Auto 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 Ndr Auto 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 Ndr Auto will appreciate offsetting losses from the drop in the long position's value.Ndr Auto Pair Trading
Ndr Auto Components Pair Trading Analysis
The ability to find closely correlated positions to Ndr Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ndr Auto 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 Ndr Auto - 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 Ndr Auto Components to buy it.
The correlation of Ndr Auto 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 Ndr Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ndr Auto Components 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 Ndr Auto 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 Ndr Auto position
In addition to having Ndr Auto 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
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Other Information on Investing in Ndr Stock
To fully project Ndr Auto's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ndr Auto Components 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 Ndr Auto's income statement, its balance sheet, and the statement of cash flows.