Kumho Ind EBITDA vs. Return On Asset

002990 Stock   2,930  30.00  1.03%   
Based on the measurements of profitability obtained from Kumho Ind's financial statements, Kumho Ind may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Kumho Ind's ability to earn profits and add value for shareholders.
For Kumho Ind profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kumho Ind to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kumho Ind utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kumho Ind's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kumho Ind over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Kumho Ind's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kumho Ind is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kumho Ind's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Kumho Ind Return On Asset vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kumho Ind's current stock value. Our valuation model uses many indicators to compare Kumho Ind value to that of its competitors to determine the firm's financial worth.
Kumho Ind is number one stock in ebitda category among its peers. It is rated second in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Kumho Ind is about  4,706,876,534,615 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kumho Ind by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kumho Ind'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.

Kumho Return On Asset vs. EBITDA

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.

Kumho Ind

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
122.38 B
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.
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.

Kumho Ind

Return On Asset

 = 

Net Income

Total Assets

 = 
0.026
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.

Kumho Return On Asset Comparison

Kumho Ind is currently under evaluation in return on asset category among its peers.

Kumho Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Kumho Ind. 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 Kumho Ind 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 Kumho Ind's important profitability drivers and their relationship over time.

Use Kumho Ind 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 Kumho Ind 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 Kumho Ind will appreciate offsetting losses from the drop in the long position's value.

Kumho Ind Pair Trading

Kumho Ind Pair Trading Analysis

The ability to find closely correlated positions to Kumho Ind could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kumho Ind 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 Kumho Ind - 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 Kumho Ind to buy it.
The correlation of Kumho Ind 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 Kumho Ind moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kumho Ind 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 Kumho Ind 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Kumho Ind position

In addition to having Kumho Ind 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 World Allocation Funds Thematic Idea Now

World Allocation Funds
World Allocation Funds Theme
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 41 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 World Allocation Funds Theme or any other thematic opportunities.
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Other Information on Investing in Kumho Stock

To fully project Kumho Ind's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kumho Ind 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 Kumho Ind's income statement, its balance sheet, and the statement of cash flows.
Potential Kumho Ind investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kumho Ind investors may work on each financial statement separately, they are all related. The changes in Kumho Ind's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kumho Ind's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.