Shradha Infraprojects Net Income vs. Price To Sales
| SHRADHA Stock | 98.30 4.68 5.00% |
Net Income | First Reported 2017-06-30 | Previous Quarter 50.2 M | Current Value 38.5 M | Quarterly Volatility 24.8 M |
For Shradha Infraprojects profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shradha Infraprojects to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shradha Infraprojects Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shradha Infraprojects's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shradha Infraprojects Limited over time as well as its relative position and ranking within its peers.
Shradha |
Shradha Infraprojects Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shradha Infraprojects's current stock value. Our valuation model uses many indicators to compare Shradha Infraprojects value to that of its competitors to determine the firm's financial worth. Shradha Infraprojects Limited is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in price to sales category among its peers . The ratio of Net Income to Price To Sales for Shradha Infraprojects Limited is about 37,284,869 . At present, Shradha Infraprojects' Net Income is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shradha Infraprojects by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shradha Infraprojects' 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.Shradha Price To Sales vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Shradha Infraprojects |
| = | 186.48 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Shradha Infraprojects |
| = | 5.00 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.
Shradha Price To Sales Comparison
Shradha Infraprojects is currently under evaluation in price to sales category among its peers.
Shradha Infraprojects Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shradha Infraprojects, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shradha Infraprojects will eventually generate negative long term returns. The profitability progress is the general direction of Shradha Infraprojects' change in net profit over the period of time. It can combine multiple indicators of Shradha Infraprojects, 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 | 54 M | 84.4 M | |
| Operating Income | 227.6 M | 239 M | |
| Income Before Tax | 247.1 M | 259.5 M | |
| Total Other Income Expense Net | 19.6 M | 23.5 M | |
| Net Income | 186.5 M | 195.8 M | |
| Income Tax Expense | 47 M | 49.3 M | |
| Interest Income | 378.9 K | 360 K | |
| Net Income Applicable To Common Shares | 163.2 M | 171.4 M | |
| Net Interest Income | -1.5 M | -1.4 M | |
| Net Income From Continuing Ops | 200.2 M | 210.2 M | |
| Change To Netincome | -34.9 M | -33.2 M |
Shradha Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shradha Infraprojects. 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 Shradha Infraprojects 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 Shradha Infraprojects' important profitability drivers and their relationship over time.
Use Shradha Infraprojects 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 Shradha Infraprojects 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 Shradha Infraprojects will appreciate offsetting losses from the drop in the long position's value.Shradha Infraprojects Pair Trading
Shradha Infraprojects Limited Pair Trading Analysis
The ability to find closely correlated positions to Shradha Infraprojects could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shradha Infraprojects 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 Shradha Infraprojects - 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 Shradha Infraprojects Limited to buy it.
The correlation of Shradha Infraprojects 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 Shradha Infraprojects moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shradha Infraprojects 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 Shradha Infraprojects 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 Shradha Infraprojects position
In addition to having Shradha Infraprojects 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 Healthcare Thematic Idea Now
Healthcare
Companies that provide healthcare goods and services including hospitals, health maintenance organizations, HMOs, or medical aid manufacturers. The Healthcare 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 Healthcare Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Shradha Stock
To fully project Shradha Infraprojects' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shradha Infraprojects 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 Shradha Infraprojects' income statement, its balance sheet, and the statement of cash flows.