Suncast Solar Profitability Analysis
| SUNC Stock | USD 0.0001 0.00 0.00% |
Net Income | First Reported 2010-12-31 | Previous Quarter 188.8 K | Current Value 179.4 K | Quarterly Volatility 75.6 K |
For Suncast Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Suncast Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Suncast Solar Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Suncast Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Suncast Solar Energy over time as well as its relative position and ranking within its peers.
Suncast |
Is Environmental & Facilities Services 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 Suncast Solar. If investors know Suncast 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 Suncast Solar 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 (0.94) | Revenue Per Share 0.035 | Quarterly Revenue Growth (0.29) | Return On Assets (0.70) |
The market value of Suncast Solar Energy is measured differently than its book value, which is the value of Suncast that is recorded on the company's balance sheet. Investors also form their own opinion of Suncast Solar's value that differs from its market value or its book value, called intrinsic value, which is Suncast Solar'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 Suncast Solar's market value can be influenced by many factors that don't directly affect Suncast Solar'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 Suncast Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncast Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncast Solar'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.
Suncast Solar Energy Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Suncast Solar's current stock value. Our valuation model uses many indicators to compare Suncast Solar value to that of its competitors to determine the firm's financial worth. Suncast Solar Energy is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in profit margin category among its peers . 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 Suncast Solar's earnings, one of the primary drivers of an investment's value.Suncast Profit Margin vs. Return On Asset
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.
Suncast Solar |
| = | -0.7 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Suncast Solar |
| = | 0.07 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Suncast Profit Margin Comparison
Suncast Solar is currently under evaluation in profit margin category among its peers.
Suncast Solar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Suncast Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Suncast Solar will eventually generate negative long term returns. The profitability progress is the general direction of Suncast Solar's change in net profit over the period of time. It can combine multiple indicators of Suncast Solar, 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 | ||
| Operating Income | -942.9 K | -895.7 K | |
| Net Income From Continuing Ops | 188.8 K | 179.4 K | |
| Income Before Tax | 188.8 K | 179.4 K | |
| Total Other Income Expense Net | 1.4 M | 1.5 M | |
| Net Income Applicable To Common Shares | 172.7 K | 164.1 K | |
| Net Income | 188.8 K | 179.4 K | |
| Change To Netincome | -1.1 M | -1.1 M |
Suncast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Suncast Solar. 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 Suncast Solar 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 Suncast Solar's important profitability drivers and their relationship over time.
Use Suncast Solar 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 Suncast Solar 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 Suncast Solar will appreciate offsetting losses from the drop in the long position's value.Suncast Solar Pair Trading
Suncast Solar Energy Pair Trading Analysis
The ability to find closely correlated positions to Suncast Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suncast Solar 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 Suncast Solar - 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 Suncast Solar Energy to buy it.
The correlation of Suncast Solar 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 Suncast Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suncast Solar Energy 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 Suncast Solar 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 Suncast Solar position
In addition to having Suncast Solar 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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Check out World Market Map. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Suncast Solar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Suncast Solar Energy 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 Suncast Solar's income statement, its balance sheet, and the statement of cash flows.