Southern Steel Current Valuation vs. EBITDA
| 5665 Stock | 0.54 0.02 3.85% |
For Southern Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Steel Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Steel Bhd over time as well as its relative position and ranking within its peers.
Southern |
Southern Steel Bhd EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Southern Steel's current stock value. Our valuation model uses many indicators to compare Southern Steel value to that of its competitors to determine the firm's financial worth. Southern Steel Bhd is rated fourth in current valuation category among its peers. It also is rated fourth in ebitda category among its peers totaling about 0.15 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Southern Steel Bhd is roughly 6.65 . 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 Southern Steel's earnings, one of the primary drivers of an investment's value.Southern Current Valuation vs. Competition
Southern Steel Bhd is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Metals & Mining industry is presently estimated at about 54.73 Billion. Southern Steel holds roughly 1.1 Billion in current valuation claiming about 2.01% of all equities under Metals & Mining industry.
Southern EBITDA vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Southern Steel |
| = | 1.1 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Southern Steel |
| = | 165.38 M |
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.
Southern EBITDA Comparison
Southern Steel is rated third in ebitda category among its peers.
Southern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Southern Steel. 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 Southern Steel 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 Southern Steel's important profitability drivers and their relationship over time.
Use Southern Steel 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 Southern Steel 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 Southern Steel will appreciate offsetting losses from the drop in the long position's value.Southern Steel Pair Trading
Southern Steel Bhd Pair Trading Analysis
The ability to find closely correlated positions to Southern Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Steel 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 Southern Steel - 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 Southern Steel Bhd to buy it.
The correlation of Southern Steel 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 Southern Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Steel Bhd 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 Southern Steel 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 Southern Steel position
In addition to having Southern Steel 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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Other Information on Investing in Southern Stock
To fully project Southern Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Southern Steel Bhd 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 Southern Steel's income statement, its balance sheet, and the statement of cash flows.