ULTRA CLEAN Price To Book vs. EBITDA
| UCE Stock | EUR 35.60 1.00 2.73% |
For ULTRA CLEAN profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ULTRA CLEAN to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ULTRA CLEAN HLDGS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ULTRA CLEAN's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ULTRA CLEAN HLDGS over time as well as its relative position and ranking within its peers.
ULTRA |
ULTRA CLEAN HLDGS EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ULTRA CLEAN's current stock value. Our valuation model uses many indicators to compare ULTRA CLEAN value to that of its competitors to determine the firm's financial worth. ULTRA CLEAN HLDGS is rated second in price to book category among its peers. It is rated first in ebitda category among its peers totaling about 101,917,837 of EBITDA per Price To Book. 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 ULTRA CLEAN's earnings, one of the primary drivers of an investment's value.ULTRA EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
ULTRA CLEAN |
| = | 1.91 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
ULTRA CLEAN |
| = | 194.5 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.
ULTRA EBITDA Comparison
ULTRA CLEAN is currently under evaluation in ebitda category among its peers.
ULTRA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ULTRA CLEAN. 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 ULTRA CLEAN 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 ULTRA CLEAN's important profitability drivers and their relationship over time.
Use ULTRA CLEAN 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 ULTRA CLEAN 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 ULTRA CLEAN will appreciate offsetting losses from the drop in the long position's value.ULTRA CLEAN Pair Trading
ULTRA CLEAN HLDGS Pair Trading Analysis
The ability to find closely correlated positions to ULTRA CLEAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ULTRA CLEAN 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 ULTRA CLEAN - 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 ULTRA CLEAN HLDGS to buy it.
The correlation of ULTRA CLEAN 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 ULTRA CLEAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ULTRA CLEAN HLDGS 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 ULTRA CLEAN 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 ULTRA CLEAN position
In addition to having ULTRA CLEAN 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 Consumer Funds Thematic Idea Now
Consumer Funds
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 39 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 Consumer Funds Theme or any other thematic opportunities.
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Other Information on Investing in ULTRA Stock
To fully project ULTRA CLEAN's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ULTRA CLEAN HLDGS 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 ULTRA CLEAN's income statement, its balance sheet, and the statement of cash flows.