Changchun Engley Book Value Per Share vs. EBITDA
| 601279 Stock | 4.42 0.04 0.91% |
For Changchun Engley profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Changchun Engley to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Changchun Engley Automobile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Changchun Engley's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Changchun Engley Automobile over time as well as its relative position and ranking within its peers.
Changchun |
Changchun Engley Aut EBITDA vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Changchun Engley's current stock value. Our valuation model uses many indicators to compare Changchun Engley value to that of its competitors to determine the firm's financial worth. Changchun Engley Automobile is number one stock in book value per share category among its peers. It also is number one stock in ebitda category among its peers totaling about 210,661,939 of EBITDA per Book Value Per Share. At present, Changchun Engley's EBITDA is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Changchun Engley by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Changchun Engley'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.Changchun EBITDA vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Changchun Engley |
| = | 2.69 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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.
Changchun Engley |
| = | 567.52 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.
Changchun EBITDA Comparison
Changchun Engley is currently under evaluation in ebitda category among its peers.
Changchun Engley Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Changchun Engley, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Changchun Engley will eventually generate negative long term returns. The profitability progress is the general direction of Changchun Engley's change in net profit over the period of time. It can combine multiple indicators of Changchun Engley, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | 184.8 M | 263 M | |
| Income Before Tax | 129.3 M | 226.9 M | |
| Total Other Income Expense Net | -81 M | -76.9 M | |
| Net Income | 101.5 M | 191.6 M | |
| Income Tax Expense | 13.4 M | 12.8 M | |
| Net Interest Income | -27.7 M | -29 M | |
| Interest Income | 10 M | 7.2 M | |
| Net Income From Continuing Ops | 100.3 M | 133.1 M |
Changchun Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Changchun Engley. 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 Changchun Engley 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 Changchun Engley's important profitability drivers and their relationship over time.
Use Changchun Engley 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 Changchun Engley 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 Changchun Engley will appreciate offsetting losses from the drop in the long position's value.Changchun Engley Pair Trading
Changchun Engley Automobile Pair Trading Analysis
The ability to find closely correlated positions to Changchun Engley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Changchun Engley 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 Changchun Engley - 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 Changchun Engley Automobile to buy it.
The correlation of Changchun Engley 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 Changchun Engley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Changchun Engley Aut 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 Changchun Engley 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 Changchun Engley position
In addition to having Changchun Engley 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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Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Changchun Stock
To fully project Changchun Engley's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Changchun Engley Aut 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 Changchun Engley's income statement, its balance sheet, and the statement of cash flows.