United Tractors Net Income vs. Current Valuation
| UNTR Stock | IDR 27,000 575.00 2.18% |
For United Tractors profitability analysis, we use financial ratios and fundamental drivers that measure the ability of United Tractors to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well United Tractors Tbk utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between United Tractors's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of United Tractors Tbk over time as well as its relative position and ranking within its peers.
United |
United Tractors Tbk Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining United Tractors's current stock value. Our valuation model uses many indicators to compare United Tractors value to that of its competitors to determine the firm's financial worth. United Tractors Tbk is rated first in net income category among its peers. It is rated first in current valuation category among its peers reporting about 6.16 of Current Valuation per Net Income. 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 United Tractors' earnings, one of the primary drivers of an investment's value.United Current Valuation 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.
United Tractors |
| = | 10.28 T |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
United Tractors |
| = | 63.37 T |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
United Current Valuation vs Competition
United Tractors Tbk is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is at this time estimated at about 664.53 Trillion. United Tractors holds roughly 63.37 Trillion in current valuation claiming about 10% of equities under Energy industry.
United Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on United Tractors. 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 United Tractors 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 United Tractors' important profitability drivers and their relationship over time.
Use United Tractors 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 United Tractors 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 United Tractors will appreciate offsetting losses from the drop in the long position's value.United Tractors Pair Trading
United Tractors Tbk Pair Trading Analysis
The ability to find closely correlated positions to United Tractors could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Tractors 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 United Tractors - 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 United Tractors Tbk to buy it.
The correlation of United Tractors 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 United Tractors moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Tractors Tbk 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 United Tractors 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 United Tractors position
In addition to having United Tractors 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 Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture 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 Furniture Theme or any other thematic opportunities.
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Other Information on Investing in United Stock
To fully project United Tractors' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of United Tractors Tbk 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 United Tractors' income statement, its balance sheet, and the statement of cash flows.