Uniform Industrial Price To Sales vs. Return On Asset
| 2482 Stock | TWD 26.05 0.30 1.17% |
For Uniform Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Uniform Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Uniform Industrial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Uniform Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Uniform Industrial Corp over time as well as its relative position and ranking within its peers.
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Uniform Industrial Corp Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Uniform Industrial's current stock value. Our valuation model uses many indicators to compare Uniform Industrial value to that of its competitors to determine the firm's financial worth. Uniform Industrial Corp is number one stock in price to sales category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.02 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Uniform Industrial Corp is roughly 43.83 . 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 Uniform Industrial's earnings, one of the primary drivers of an investment's value.Uniform Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 1.99 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
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| = | 0.0453 |
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.
Uniform Return On Asset Comparison
Uniform Industrial is currently under evaluation in return on asset category among its peers.
Uniform Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Uniform Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Uniform Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Uniform Industrial's change in net profit over the period of time. It can combine multiple indicators of Uniform Industrial, 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.
Uniform Industrial Corporation provides professional design manufacture service for the cashless payment industry in Taiwan and internationally. Uniform Industrial Corporation was founded in 1983 and is headquartered in New Taipei City, Taiwan. UNIFORM INDUSTRIAL operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 355 people.
Uniform Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Uniform Industrial. 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 Uniform Industrial 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 Uniform Industrial's important profitability drivers and their relationship over time.
Use Uniform Industrial 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 Uniform Industrial 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 Uniform Industrial will appreciate offsetting losses from the drop in the long position's value.Uniform Industrial Pair Trading
Uniform Industrial Corp Pair Trading Analysis
The ability to find closely correlated positions to Uniform Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniform Industrial 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 Uniform Industrial - 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 Uniform Industrial Corp to buy it.
The correlation of Uniform Industrial 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 Uniform Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniform Industrial Corp 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 Uniform Industrial 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 Uniform Industrial position
In addition to having Uniform Industrial 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Additional Tools for Uniform Stock Analysis
When running Uniform Industrial's price analysis, check to measure Uniform Industrial's 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 Uniform Industrial is operating at the current time. Most of Uniform Industrial's value examination focuses on studying past and present price action to predict the probability of Uniform Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniform Industrial's price. Additionally, you may evaluate how the addition of Uniform Industrial to your portfolios can decrease your overall portfolio volatility.