TRC Construction Net Income vs. EBITDA
| TRC Stock | THB 1.19 0.07 5.56% |
For TRC Construction profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TRC Construction to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TRC Construction Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TRC Construction's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TRC Construction Public over time as well as its relative position and ranking within its peers.
TRC |
TRC Construction Public EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TRC Construction's current stock value. Our valuation model uses many indicators to compare TRC Construction value to that of its competitors to determine the firm's financial worth. TRC Construction Public is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in ebitda 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 TRC Construction's earnings, one of the primary drivers of an investment's value.TRC EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
TRC Construction |
| = | (57.39 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
TRC Construction |
| = | 58.15 M |
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.
TRC EBITDA Comparison
TRC Construction is currently under evaluation in ebitda category among its peers.
TRC Construction Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TRC Construction, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TRC Construction will eventually generate negative long term returns. The profitability progress is the general direction of TRC Construction's change in net profit over the period of time. It can combine multiple indicators of TRC Construction, 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.
TRC Construction Public Company Limited provides construction services in Thailand. TRC Construction Public Company Limited was founded in 1998 and is headquartered in Bangkok, Thailand. TRC CONSTRUCTION operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
TRC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TRC Construction. 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 TRC Construction 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 TRC Construction's important profitability drivers and their relationship over time.
Use TRC Construction 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 TRC Construction 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 TRC Construction will appreciate offsetting losses from the drop in the long position's value.TRC Construction Pair Trading
TRC Construction Public Pair Trading Analysis
The ability to find closely correlated positions to TRC Construction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRC Construction 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 TRC Construction - 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 TRC Construction Public to buy it.
The correlation of TRC Construction 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 TRC Construction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRC Construction Public 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 TRC Construction 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 TRC Construction position
In addition to having TRC Construction 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 Banks Thematic Idea Now
Banks
Large and small money and credit banks and credit services. The Banks theme has 42 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 Banks Theme or any other thematic opportunities.
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Other Information on Investing in TRC Stock
To fully project TRC Construction's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TRC Construction Public 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 TRC Construction's income statement, its balance sheet, and the statement of cash flows.