Resintech Bhd Current Valuation vs. Revenue
| 7232 Stock | 0.72 0.03 4.35% |
For Resintech Bhd profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Resintech Bhd to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Resintech Bhd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Resintech Bhd's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Resintech Bhd over time as well as its relative position and ranking within its peers.
Resintech |
Resintech Bhd Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Resintech Bhd's current stock value. Our valuation model uses many indicators to compare Resintech Bhd value to that of its competitors to determine the firm's financial worth. Resintech Bhd is the top company in current valuation category among its peers. It also is the top company in revenue category among its peers totaling about 0.65 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Resintech Bhd is roughly 1.55 . 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 Resintech Bhd's earnings, one of the primary drivers of an investment's value.Resintech Current Valuation vs. Competition
Resintech Bhd is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Homebuilding & Construction Supplies industry is presently estimated at about 125.87 Billion. Resintech Bhd adds roughly 124.82 Million in current valuation claiming only tiny portion of equities under Homebuilding & Construction Supplies industry.
Resintech Revenue 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.
Resintech Bhd |
| = | 124.82 M |
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.
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.
Resintech Bhd |
| = | 80.58 M |
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.
Resintech Revenue vs Competition
Resintech Bhd is the top company in revenue category among its peers. Market size based on revenue of Homebuilding & Construction Supplies industry is presently estimated at about 44.83 Billion. Resintech Bhd adds roughly 80.58 Million in revenue claiming only tiny portion of equities under Homebuilding & Construction Supplies industry.
Resintech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Resintech Bhd. 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 Resintech Bhd 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 Resintech Bhd's important profitability drivers and their relationship over time.
Use Resintech Bhd 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 Resintech Bhd 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 Resintech Bhd will appreciate offsetting losses from the drop in the long position's value.Resintech Bhd Pair Trading
Resintech Bhd Pair Trading Analysis
The ability to find closely correlated positions to Resintech Bhd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Resintech Bhd 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 Resintech Bhd - 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 Resintech Bhd to buy it.
The correlation of Resintech Bhd 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 Resintech Bhd moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Resintech 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 Resintech Bhd 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 Resintech Bhd position
In addition to having Resintech Bhd 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 Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Other Information on Investing in Resintech Stock
To fully project Resintech Bhd's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Resintech 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 Resintech Bhd's income statement, its balance sheet, and the statement of cash flows.