Kukil Metal Gross Profit vs. Return On Asset

060480 Stock  KRW 1,668  58.00  3.60%   
Taking into consideration Kukil Metal's profitability measurements, Kukil Metal Co 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 Kukil Metal's ability to earn profits and add value for shareholders.
For Kukil Metal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kukil Metal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kukil Metal Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kukil Metal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kukil Metal Co 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 Kukil Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kukil Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kukil Metal'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.

Kukil Metal Return On Asset vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kukil Metal's current stock value. Our valuation model uses many indicators to compare Kukil Metal value to that of its competitors to determine the firm's financial worth.
Kukil Metal Co is number one stock in gross profit category among its peers. It also is number one stock in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for Kukil Metal Co is about  444,010,410,256 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kukil Metal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kukil Metal'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.

Kukil Return On Asset vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Kukil Metal

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.73 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Kukil Metal

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0039
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.

Kukil Return On Asset Comparison

Kukil Metal is currently under evaluation in return on asset category among its peers.

Kukil Metal Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kukil Metal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kukil Metal will eventually generate negative long term returns. The profitability progress is the general direction of Kukil Metal's change in net profit over the period of time. It can combine multiple indicators of Kukil Metal, 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.
Kukil Metal Co., Ltd. engages in processing and manufacturing brass bars and copper alloy coil products in South Korea. Kukil Metal Co., Ltd. was founded in 1993 and is headquartered in Ansan, South Korea. KUKIL METAL is traded on Korean Securities Dealers Automated Quotations in South Korea.

Kukil Profitability Driver Comparison

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

Use Kukil Metal 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 Kukil Metal 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 Kukil Metal will appreciate offsetting losses from the drop in the long position's value.

Kukil Metal Pair Trading

Kukil Metal Co Pair Trading Analysis

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

In addition to having Kukil Metal 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 Large Growth Funds Thematic Idea Now

Large Growth Funds
Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Kukil Stock

To fully project Kukil Metal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kukil Metal 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 Kukil Metal's income statement, its balance sheet, and the statement of cash flows.
Potential Kukil Metal investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Kukil Metal investors may work on each financial statement separately, they are all related. The changes in Kukil Metal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Kukil Metal'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.