Orinko Advanced Price To Book vs. Working Capital
| 688219 Stock | 9.96 0.03 0.30% |
For Orinko Advanced profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orinko Advanced to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orinko Advanced Plastics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orinko Advanced's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orinko Advanced Plastics over time as well as its relative position and ranking within its peers.
Orinko |
Orinko Advanced Plastics Working Capital vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Orinko Advanced's current stock value. Our valuation model uses many indicators to compare Orinko Advanced value to that of its competitors to determine the firm's financial worth. Orinko Advanced Plastics is rated fourth in price to book category among its peers. It also is rated fourth in working capital category among its peers reporting about 276,112,813 of Working Capital per Price To Book. As of December 4, 2024, Net Working Capital is expected to decline to about 364 M. The current year's Change In Working Capital is expected to grow to about (210 M). Comparative valuation analysis is a catch-all model that can be used if you cannot value Orinko Advanced by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orinko Advanced'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.Orinko Working Capital vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Orinko Advanced |
| = | 2.24 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Orinko Advanced |
| = | 618.66 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Orinko Working Capital Comparison
Orinko Advanced is currently under evaluation in working capital category among its peers.
Orinko Advanced Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Orinko Advanced, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orinko Advanced will eventually generate negative long term returns. The profitability progress is the general direction of Orinko Advanced's change in net profit over the period of time. It can combine multiple indicators of Orinko Advanced, 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 | ||
| Net Interest Income | -75.8 M | -79.6 M | |
| Interest Income | 7.8 M | 4.4 M | |
| Operating Income | 246 M | 160.2 M | |
| Net Income From Continuing Ops | 142 M | 89.5 M | |
| Income Before Tax | 146.1 M | 87.2 M | |
| Net Income | 147 M | 88.2 M |
Orinko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Orinko Advanced. 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 Orinko Advanced 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 Orinko Advanced's important profitability drivers and their relationship over time.
Use Orinko Advanced 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 Orinko Advanced 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 Orinko Advanced will appreciate offsetting losses from the drop in the long position's value.Orinko Advanced Pair Trading
Orinko Advanced Plastics Pair Trading Analysis
The ability to find closely correlated positions to Orinko Advanced could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orinko Advanced 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 Orinko Advanced - 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 Orinko Advanced Plastics to buy it.
The correlation of Orinko Advanced 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 Orinko Advanced moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orinko Advanced Plastics 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 Orinko Advanced 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 Orinko Advanced position
In addition to having Orinko Advanced 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 Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Measuring and Control Equipment theme has 61 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 Measuring and Control Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Orinko Stock
To fully project Orinko Advanced's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Orinko Advanced Plastics 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 Orinko Advanced's income statement, its balance sheet, and the statement of cash flows.