Afyon Cimento Price To Sales vs. Revenue
| AFYON Stock | TRY 14.58 0.17 1.18% |
For Afyon Cimento profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Afyon Cimento to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Afyon Cimento Sanayi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Afyon Cimento's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Afyon Cimento Sanayi over time as well as its relative position and ranking within its peers.
Afyon |
Afyon Cimento Sanayi Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Afyon Cimento's current stock value. Our valuation model uses many indicators to compare Afyon Cimento value to that of its competitors to determine the firm's financial worth. Afyon Cimento Sanayi is number one stock in price to sales category among its peers. It is rated fifth in revenue category among its peers totaling about 127,909,960 of Revenue per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Afyon Cimento by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Afyon Cimento'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.Afyon Revenue 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.
Afyon Cimento |
| = | 3.23 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.
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.
Afyon Cimento |
| = | 413.48 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.
Afyon Revenue vs Competition
Afyon Cimento Sanayi is rated fifth in revenue category among its peers. Market size based on revenue of Materials industry is presently estimated at about 96.98 Billion. Afyon Cimento adds roughly 413.48 Million in revenue claiming only tiny portion of all equities under Materials industry.
Afyon Cimento Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Afyon Cimento, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Afyon Cimento will eventually generate negative long term returns. The profitability progress is the general direction of Afyon Cimento's change in net profit over the period of time. It can combine multiple indicators of Afyon Cimento, 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.
Afyon imento Sanayi Trk Anonim Sirketi produces and sells cement and ready-mixed concrete. Afyon imento Sanayi Trk Anonim Sirketi is a subsidiary of Cimsa Cimento Sanayi ve Ticaret Anonim Sirketi. AFYON CIMENTO operates under Building Materials classification in Turkey and is traded on Istanbul Stock Exchange.
Afyon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Afyon Cimento. 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 Afyon Cimento 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 Afyon Cimento's important profitability drivers and their relationship over time.
Use Afyon Cimento 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 Afyon Cimento 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 Afyon Cimento will appreciate offsetting losses from the drop in the long position's value.Afyon Cimento Pair Trading
Afyon Cimento Sanayi Pair Trading Analysis
The ability to find closely correlated positions to Afyon Cimento could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Afyon Cimento 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 Afyon Cimento - 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 Afyon Cimento Sanayi to buy it.
The correlation of Afyon Cimento 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 Afyon Cimento moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Afyon Cimento Sanayi 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 Afyon Cimento 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 Afyon Cimento position
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Other Information on Investing in Afyon Stock
To fully project Afyon Cimento's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Afyon Cimento Sanayi 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 Afyon Cimento's income statement, its balance sheet, and the statement of cash flows.