San Miguel Operating Margin vs. Current Ratio
| SMGBF Stock | USD 1.62 0.00 0.00% |
For San Miguel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of San Miguel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well San Miguel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between San Miguel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of San Miguel over time as well as its relative position and ranking within its peers.
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San Miguel Current Ratio vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining San Miguel's current stock value. Our valuation model uses many indicators to compare San Miguel value to that of its competitors to determine the firm's financial worth. San Miguel is rated fourth in operating margin category among its peers. It is rated fifth in current ratio category among its peers fabricating about 14.14 of Current Ratio per Operating Margin. 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 San Miguel's earnings, one of the primary drivers of an investment's value.San Current Ratio vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
San Miguel |
| = | 0.09 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
San Miguel |
| = | 1.23 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
San Current Ratio Comparison
San Miguel is currently under evaluation in current ratio category among its peers.
San Miguel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in San Miguel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, San Miguel will eventually generate negative long term returns. The profitability progress is the general direction of San Miguel's change in net profit over the period of time. It can combine multiple indicators of San Miguel, 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.
San Miguel Corporation engages in food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and banking businesses worldwide. San Miguel Corporation is a subsidiary of Top Frontier Investment Holdings, Inc. San Miguel operates under Conglomerates classification in the United States and is traded on OTC Exchange. It employs 45614 people.
San Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on San Miguel. 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 San Miguel 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 San Miguel's important profitability drivers and their relationship over time.
Use San Miguel 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 San Miguel 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 San Miguel will appreciate offsetting losses from the drop in the long position's value.San Miguel Pair Trading
San Miguel Pair Trading Analysis
The ability to find closely correlated positions to San Miguel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace San Miguel 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 San Miguel - 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 San Miguel to buy it.
The correlation of San Miguel 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 San Miguel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if San Miguel 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 San Miguel 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 San Miguel position
In addition to having San Miguel 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 San Pink Sheet
To fully project San Miguel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of San Miguel 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 San Miguel's income statement, its balance sheet, and the statement of cash flows.