Raytech Holding Return On Equity vs. Price To Sales
| RAY Stock | 1.41 0.13 10.16% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.31976501 | Current Value 0.57 | Quarterly Volatility 0.17951368 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.2226 |
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| Net Profit Margin | 0.19 | 0.1484 |
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| Operating Profit Margin | 0.21 | 0.1696 |
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| Pretax Profit Margin | 0.22 | 0.1904 |
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| Return On Assets | 0.16 | 0.171 |
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| Return On Equity | 0.57 | 0.3198 |
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For Raytech Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Raytech Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Raytech Holding Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Raytech Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Raytech Holding Limited over time as well as its relative position and ranking within its peers.
Raytech |
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raytech Holding. If investors know Raytech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raytech Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share 0.07 | Revenue Per Share 4.186 | Quarterly Revenue Growth 0.255 | Return On Assets 0.1557 |
The market value of Raytech Holding is measured differently than its book value, which is the value of Raytech that is recorded on the company's balance sheet. Investors also form their own opinion of Raytech Holding's value that differs from its market value or its book value, called intrinsic value, which is Raytech Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raytech Holding's market value can be influenced by many factors that don't directly affect Raytech Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raytech Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Raytech Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raytech Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Raytech Holding Price To Sales vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Raytech Holding's current stock value. Our valuation model uses many indicators to compare Raytech Holding value to that of its competitors to determine the firm's financial worth. Raytech Holding Limited is currently regarded as top stock in return on equity category among its peers. It is rated third in price to sales category among its peers fabricating about 0.88 of Price To Sales per Return On Equity. The ratio of Return On Equity to Price To Sales for Raytech Holding Limited is roughly 1.13 . At this time, Raytech Holding's Return On Equity is fairly stable compared to the past year. 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 Raytech Holding's earnings, one of the primary drivers of an investment's value.Raytech Price To Sales vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Raytech Holding |
| = | 0.38 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Raytech Holding |
| = | 0.34 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Raytech Price To Sales Comparison
Raytech Holding is currently under evaluation in price to sales category among its peers.
Raytech Holding Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Raytech Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Raytech Holding will eventually generate negative long term returns. The profitability progress is the general direction of Raytech Holding's change in net profit over the period of time. It can combine multiple indicators of Raytech Holding, 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 | ||
| Net Interest Income | 1.4 M | 1.5 M | |
| Interest Income | 1.4 M | 1.5 M | |
| Operating Income | 11.4 M | 11.9 M | |
| Net Income From Continuing Ops | 9.9 M | 8.6 M | |
| Income Before Tax | 12.8 M | 13.4 M | |
| Total Other Income Expense Net | 1.4 M | 1.5 M | |
| Net Income | 9.9 M | 10.4 M | |
| Income Tax Expense | 2.8 M | 3 M | |
| Net Income Per Share | 0.62 | 0.65 | |
| Income Quality | 1.58 | 1.08 | |
| Net Income Per E B T | 0.78 | 0.91 |
Raytech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Raytech Holding. 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 Raytech Holding 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 Raytech Holding's important profitability drivers and their relationship over time.
Use Raytech Holding 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 Raytech Holding 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 Raytech Holding will appreciate offsetting losses from the drop in the long position's value.Raytech Holding Pair Trading
Raytech Holding Limited Pair Trading Analysis
The ability to find closely correlated positions to Raytech Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Raytech Holding 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 Raytech Holding - 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 Raytech Holding Limited to buy it.
The correlation of Raytech Holding 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 Raytech Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Raytech Holding 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 Raytech Holding 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 Raytech Holding position
In addition to having Raytech Holding 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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Additional Tools for Raytech Stock Analysis
When running Raytech Holding's price analysis, check to measure Raytech Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.