Nigbas Nigde Price To Earning vs. Revenue
| NIBAS Stock | TRY 18.60 0.04 0.21% |
For Nigbas Nigde profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nigbas Nigde to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nigbas Nigde Beton utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nigbas Nigde's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nigbas Nigde Beton over time as well as its relative position and ranking within its peers.
Nigbas |
Nigbas Nigde Beton Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nigbas Nigde's current stock value. Our valuation model uses many indicators to compare Nigbas Nigde value to that of its competitors to determine the firm's financial worth. Nigbas Nigde Beton is considered to be number one stock in price to earning category among its peers. It also is rated top company in revenue category among its peers totaling about 150,476 of Revenue per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nigbas Nigde by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nigbas Nigde'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.Nigbas Revenue vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Nigbas Nigde |
| = | 297.89 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nigbas Nigde |
| = | 44.83 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Nigbas Revenue vs Competition
Nigbas Nigde Beton is rated top company in revenue category among its peers. Market size based on revenue of Industrials industry is now estimated at about 7.05 Billion. Nigbas Nigde maintains roughly 44.83 Million in revenue contributing less than 1% to equities under Industrials industry.
Nigbas Nigde Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nigbas Nigde, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nigbas Nigde will eventually generate negative long term returns. The profitability progress is the general direction of Nigbas Nigde's change in net profit over the period of time. It can combine multiple indicators of Nigbas Nigde, 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.
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. manufactures and sells prefabricated concrete products and reinforced concrete structures in Turkey. Nigbas Nigde Beton Sanayi Ve Ticaret A.S. was founded in 1969 and is based in Nigde, Turkey. NIGBAS NIGDE operates under Engineering Construction classification in Turkey and is traded on Istanbul Stock Exchange. It employs 129 people.
Nigbas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nigbas Nigde. 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 Nigbas Nigde 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 Nigbas Nigde's important profitability drivers and their relationship over time.
Use Nigbas Nigde 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 Nigbas Nigde 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 Nigbas Nigde will appreciate offsetting losses from the drop in the long position's value.Nigbas Nigde Pair Trading
Nigbas Nigde Beton Pair Trading Analysis
The ability to find closely correlated positions to Nigbas Nigde could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nigbas Nigde 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 Nigbas Nigde - 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 Nigbas Nigde Beton to buy it.
The correlation of Nigbas Nigde 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 Nigbas Nigde moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nigbas Nigde Beton 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 Nigbas Nigde 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 Nigbas Nigde position
In addition to having Nigbas Nigde 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 Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 48 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Nigbas Stock
To fully project Nigbas Nigde's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nigbas Nigde Beton 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 Nigbas Nigde's income statement, its balance sheet, and the statement of cash flows.