Sportking India Revenue vs. EBITDA
| SPORTKING | 98.78 0.84 0.86% |
Total Revenue | First Reported 2012-12-31 | Previous Quarter 6.3 B | Current Value 6.5 B | Quarterly Volatility 1.4 B |
For Sportking India profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sportking India to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sportking India Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sportking India's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sportking India Limited over time as well as its relative position and ranking within its peers.
Sportking |
Sportking India EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sportking India's current stock value. Our valuation model uses many indicators to compare Sportking India value to that of its competitors to determine the firm's financial worth. Sportking India Limited is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in ebitda category among its peers totaling about 0.10 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Sportking India Limited is roughly 10.31 . As of now, Sportking India's Total Revenue is increasing as compared to previous years. Comparative valuation analysis is a catch-all model that can be used if you cannot value Sportking India by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sportking India'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.Sportking Revenue vs. Competition
Sportking India Limited is currently regarded number one company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 153.39 Billion. Sportking India retains roughly 23.77 Billion in revenue claiming about 16% of stocks in Consumer Discretionary industry.
Sportking EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Sportking India |
| = | 23.77 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Sportking India |
| = | 2.3 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Sportking EBITDA Comparison
Sportking India is currently under evaluation in ebitda category among its peers.
Sportking India Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sportking India, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sportking India will eventually generate negative long term returns. The profitability progress is the general direction of Sportking India's change in net profit over the period of time. It can combine multiple indicators of Sportking India, 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 | 644.1 M | 676.3 M | |
| Operating Income | 1.2 B | 1.4 B | |
| Income Before Tax | 959 M | 1.1 B | |
| Total Other Income Expense Net | -233.7 M | -245.4 M | |
| Net Income | 703.5 M | 1 B | |
| Income Tax Expense | 255.6 M | 296.3 M | |
| Interest Income | 40.3 M | 20.7 M | |
| Net Interest Income | -590.7 M | -561.2 M | |
| Net Income From Continuing Ops | 703.5 M | 1.4 B |
Sportking Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sportking India. 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 Sportking India 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 Sportking India's important profitability drivers and their relationship over time.
Use Sportking India 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 Sportking India 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 Sportking India will appreciate offsetting losses from the drop in the long position's value.Sportking India Pair Trading
Sportking India Limited Pair Trading Analysis
The ability to find closely correlated positions to Sportking India could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sportking India 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 Sportking India - 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 Sportking India Limited to buy it.
The correlation of Sportking India 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 Sportking India moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sportking India 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 Sportking India 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 Sportking India position
In addition to having Sportking India 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 Sportking Stock
To fully project Sportking India's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sportking India 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 Sportking India's income statement, its balance sheet, and the statement of cash flows.