Summit Securities Limited Stock Net Income

SUMMITSEC   3,126  34.10  1.10%   
Summit Securities Limited fundamentals help investors to digest information that contributes to Summit Securities' financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Securities' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Securities stock.
Last ReportedProjected for Next Year
Net Income757.3 M417.6 M
Net Income From Continuing Ops757.3 M579.4 M
Net Income Applicable To Common Shares426.2 M471.3 M
Net Income Applicable To Common Shares is likely to gain to about 471.3 M in 2024, whereas Net Income is likely to drop slightly above 417.6 M in 2024.
  
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Summit Securities Limited Company Net Income Analysis

Summit Securities' 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.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Summit Securities Net Income

    
  757.3 M  
Most of Summit Securities' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Securities Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Summit Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

94.66 Billion

At this time, Summit Securities' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Summit Securities Limited reported net income of 757.3 M. This is 40.72% lower than that of the Capital Markets sector and 25.68% lower than that of the Financials industry. The net income for all India stocks is 32.63% lower than that of the firm.

Summit Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Securities' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Securities could also be used in its relative valuation, which is a method of valuing Summit Securities by comparing valuation metrics of similar companies.
Summit Securities is currently under evaluation in net income category among its peers.

Summit Fundamentals

About Summit Securities Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Summit Securities Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Securities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Securities Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Summit Stock Analysis

When running Summit Securities' price analysis, check to measure Summit Securities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit Securities is operating at the current time. Most of Summit Securities' value examination focuses on studying past and present price action to predict the probability of Summit Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit Securities' price. Additionally, you may evaluate how the addition of Summit Securities to your portfolios can decrease your overall portfolio volatility.