Sido Muncul Price To Book vs. Return On Asset
| SIDO Stock | IDR 580.00 5.00 0.87% |
For Sido Muncul profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sido Muncul to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sido Muncul PT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sido Muncul's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sido Muncul PT over time as well as its relative position and ranking within its peers.
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Sido Muncul PT Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sido Muncul's current stock value. Our valuation model uses many indicators to compare Sido Muncul value to that of its competitors to determine the firm's financial worth. Sido Muncul PT is currently regarded as top stock in price to book category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.04 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for Sido Muncul PT is roughly 28.07 . 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 Sido Muncul's earnings, one of the primary drivers of an investment's value.Sido Return On Asset vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Sido Muncul |
| = | 6.55 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
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| = | 0.23 |
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.
Sido Return On Asset Comparison
Sido Muncul is currently under evaluation in return on asset category among its peers.
Sido Muncul Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sido Muncul, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sido Muncul will eventually generate negative long term returns. The profitability progress is the general direction of Sido Muncul's change in net profit over the period of time. It can combine multiple indicators of Sido Muncul, 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.
PT Industri Jamu dan Farmasi Sido Muncul Tbk provides herbal medicines, cosmetics, and foods and beverages related to health in Indonesia and internationally. PT Industri Jamu dan Farmasi Sido Muncul Tbk is a subsidiary of PT Hotel Candi Baru. Industri Jamu operates under Drug ManufacturersSpecialty Generic classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 2929 people.
Sido Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sido Muncul. 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 Sido Muncul 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 Sido Muncul's important profitability drivers and their relationship over time.
Use Sido Muncul 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 Sido Muncul 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 Sido Muncul will appreciate offsetting losses from the drop in the long position's value.Sido Muncul Pair Trading
Sido Muncul PT Pair Trading Analysis
The ability to find closely correlated positions to Sido Muncul could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sido Muncul 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 Sido Muncul - 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 Sido Muncul PT to buy it.
The correlation of Sido Muncul 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 Sido Muncul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sido Muncul PT 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 Sido Muncul 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 Sido Muncul position
In addition to having Sido Muncul 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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Other Information on Investing in Sido Stock
To fully project Sido Muncul's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sido Muncul PT 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 Sido Muncul's income statement, its balance sheet, and the statement of cash flows.