TPI Polene Revenue vs. Return On Asset
| TPIPP Stock | THB 3.02 0.02 0.67% |
For TPI Polene profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TPI Polene to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TPI Polene Power utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TPI Polene's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TPI Polene Power over time as well as its relative position and ranking within its peers.
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TPI Polene Power Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TPI Polene's current stock value. Our valuation model uses many indicators to compare TPI Polene value to that of its competitors to determine the firm's financial worth. TPI Polene Power is rated fifth in revenue category among its peers. It is currently regarded as top stock in return on asset category among its peers . The ratio of Revenue to Return On Asset for TPI Polene Power is about 245,782,506,024 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TPI Polene by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TPI Polene'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.TPI Revenue vs. Competition
TPI Polene Power is rated fifth in revenue category among its peers. Market size based on revenue of Utilities industry is at this time estimated at about 259.19 Billion. TPI Polene holds roughly 10.2 Billion in revenue claiming about 4% of Utilities industry.
TPI Return On Asset 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.
TPI Polene |
| = | 10.2 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.
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.
TPI Polene |
| = | 0.0415 |
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.
TPI Return On Asset Comparison
TPI Polene is currently under evaluation in return on asset category among its peers.
TPI Polene Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TPI Polene, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TPI Polene will eventually generate negative long term returns. The profitability progress is the general direction of TPI Polene's change in net profit over the period of time. It can combine multiple indicators of TPI Polene, 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.
TPI Polene Power Public Company Limited produces and distributes electricity in Thailand. TPI Polene Power Public Company Limited is a subsidiary of TPI Polene Public Company Limited. TPI POLENE operates under Utilities - Regulated Electric classification in Thailand and is traded on Stock Exchange of Thailand.
TPI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TPI Polene. 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 TPI Polene 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 TPI Polene's important profitability drivers and their relationship over time.
Use TPI Polene 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 TPI Polene 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 TPI Polene will appreciate offsetting losses from the drop in the long position's value.TPI Polene Pair Trading
TPI Polene Power Pair Trading Analysis
The ability to find closely correlated positions to TPI Polene could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TPI Polene 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 TPI Polene - 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 TPI Polene Power to buy it.
The correlation of TPI Polene 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 TPI Polene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TPI Polene Power 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 TPI Polene 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 TPI Polene position
In addition to having TPI Polene 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 Investor Favorites Thematic Idea Now
Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Other Information on Investing in TPI Stock
To fully project TPI Polene's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TPI Polene Power 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 TPI Polene's income statement, its balance sheet, and the statement of cash flows.