Palram Current Valuation vs. Gross Profit
| PLRM Stock | ILS 7,945 452.00 6.03% |
For Palram profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Palram to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Palram utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Palram's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Palram over time as well as its relative position and ranking within its peers.
Palram |
Palram Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Palram's current stock value. Our valuation model uses many indicators to compare Palram value to that of its competitors to determine the firm's financial worth. Palram is rated top company in current valuation category among its peers. It also is considered to be number one stock in gross profit category among its peers fabricating about 0.95 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Palram is roughly 1.05 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Palram by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Palram'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.Palram Current Valuation vs. Competition
Palram is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 41.47 Billion. Palram claims roughly 694.79 Million in current valuation contributing just under 2% to all equities under Materials industry.
Palram Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Palram |
| = | 694.79 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Palram |
| = | 659.75 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Palram Gross Profit Comparison
Palram is currently under evaluation in gross profit category among its peers.
Palram Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Palram, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Palram will eventually generate negative long term returns. The profitability progress is the general direction of Palram's change in net profit over the period of time. It can combine multiple indicators of Palram, 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.
Palram Industries Ltd provides thermoplastic panels, architectural roofing systems, and self-assemble finished products in Israel. Palram Industries Ltd is a subsidiary of Ramat Yohanan Industries Agriculture Development-Agricultural Coperative Society. PALRAM INDUSTRIES is traded on Tel Aviv Stock Exchange in Israel.
Palram Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Palram. 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 Palram 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 Palram's important profitability drivers and their relationship over time.
Use Palram 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 Palram 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 Palram will appreciate offsetting losses from the drop in the long position's value.Palram Pair Trading
Palram Pair Trading Analysis
The ability to find closely correlated positions to Palram could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palram 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 Palram - 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 Palram to buy it.
The correlation of Palram 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 Palram moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palram 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 Palram 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 Palram position
In addition to having Palram 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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Tips ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 41 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 Tips ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Palram Stock
To fully project Palram's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Palram 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 Palram's income statement, its balance sheet, and the statement of cash flows.