ThinTech Materials Revenue vs. Price To Sales
| 3663 Stock | TWD 71.40 1.10 1.52% |
For ThinTech Materials profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ThinTech Materials to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ThinTech Materials Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ThinTech Materials's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ThinTech Materials Technology over time as well as its relative position and ranking within its peers.
ThinTech |
ThinTech Materials Price To Sales vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ThinTech Materials's current stock value. Our valuation model uses many indicators to compare ThinTech Materials value to that of its competitors to determine the firm's financial worth. ThinTech Materials Technology is rated second in revenue category among its peers. It also is rated second in price to sales category among its peers . The ratio of Revenue to Price To Sales for ThinTech Materials Technology is about 3,800,065,798 . 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 ThinTech Materials' earnings, one of the primary drivers of an investment's value.ThinTech Revenue vs. Competition
ThinTech Materials Technology is rated second in revenue category among its peers. Market size based on revenue of Metal Fabrication industry is presently estimated at about 124.67 Billion. ThinTech Materials holds roughly 3 Billion in revenue claiming about 2.41% of all equities under Metal Fabrication industry.
ThinTech Price To Sales vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
ThinTech Materials |
| = | 3 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
ThinTech Materials |
| = | 0.79 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.
ThinTech Price To Sales Comparison
ThinTech Materials is currently under evaluation in price to sales category among its peers.
ThinTech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ThinTech Materials. 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 ThinTech Materials 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 ThinTech Materials' important profitability drivers and their relationship over time.
Use ThinTech Materials 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 ThinTech Materials 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 ThinTech Materials will appreciate offsetting losses from the drop in the long position's value.ThinTech Materials Pair Trading
ThinTech Materials Technology Pair Trading Analysis
The ability to find closely correlated positions to ThinTech Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ThinTech Materials 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 ThinTech Materials - 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 ThinTech Materials Technology to buy it.
The correlation of ThinTech Materials 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 ThinTech Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ThinTech Materials 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 ThinTech Materials 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 ThinTech Materials position
In addition to having ThinTech Materials 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?
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Additional Tools for ThinTech Stock Analysis
When running ThinTech Materials' price analysis, check to measure ThinTech Materials' 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 ThinTech Materials is operating at the current time. Most of ThinTech Materials' value examination focuses on studying past and present price action to predict the probability of ThinTech Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ThinTech Materials' price. Additionally, you may evaluate how the addition of ThinTech Materials to your portfolios can decrease your overall portfolio volatility.