CICT Mobile Price To Sales vs. Net Income
| 688387 Stock | 6.58 0.06 0.90% |
For CICT Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CICT Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CICT Mobile Communication utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CICT Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CICT Mobile Communication over time as well as its relative position and ranking within its peers.
CICT |
CICT Mobile Communication Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CICT Mobile's current stock value. Our valuation model uses many indicators to compare CICT Mobile value to that of its competitors to determine the firm's financial worth. CICT Mobile Communication is number one stock in price to sales category among its peers. It also is number one stock in net income category among its peers . At present, CICT Mobile's Net Loss is projected to increase 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 CICT Mobile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CICT Mobile'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.CICT Net Income 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.
CICT Mobile |
| = | 3.35 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
CICT Mobile |
| = | (357.31 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CICT Net Income Comparison
CICT Mobile is currently under evaluation in net income category among its peers.
CICT Mobile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CICT Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CICT Mobile will eventually generate negative long term returns. The profitability progress is the general direction of CICT Mobile's change in net profit over the period of time. It can combine multiple indicators of CICT Mobile, 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 | -14 M | -14.7 M | |
| Interest Income | 49.2 M | 32.4 M | |
| Operating Income | -70.4 M | -73.9 M | |
| Net Loss | -350.9 M | -368.4 M | |
| Income Before Tax | -342.4 M | -359.5 M | |
| Net Loss | -357.3 M | -375.2 M |
CICT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CICT Mobile. 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 CICT Mobile 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 CICT Mobile's important profitability drivers and their relationship over time.
Use CICT Mobile 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 CICT Mobile 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 CICT Mobile will appreciate offsetting losses from the drop in the long position's value.CICT Mobile Pair Trading
CICT Mobile Communication Pair Trading Analysis
The ability to find closely correlated positions to CICT Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CICT Mobile 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 CICT Mobile - 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 CICT Mobile Communication to buy it.
The correlation of CICT Mobile 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 CICT Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CICT Mobile Communication 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 CICT Mobile 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 CICT Mobile position
In addition to having CICT Mobile 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 Power Assets Thematic Idea Now
Power Assets
Large capitalization equities showing high long-term performance indicators and above average return expectations based on Macroaxis rating system. The Power Assets theme has 49 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 Power Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in CICT Stock
To fully project CICT Mobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CICT Mobile Communication 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 CICT Mobile's income statement, its balance sheet, and the statement of cash flows.