Alarko Carrier Return On Asset vs. EBITDA
| ALCAR Stock | TRY 992.00 18.00 1.78% |
For Alarko Carrier profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alarko Carrier to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alarko Carrier Sanayi utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alarko Carrier's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alarko Carrier Sanayi over time as well as its relative position and ranking within its peers.
Alarko |
Alarko Carrier Sanayi EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alarko Carrier's current stock value. Our valuation model uses many indicators to compare Alarko Carrier value to that of its competitors to determine the firm's financial worth. Alarko Carrier Sanayi is rated second in return on asset category among its peers. It also is rated second in ebitda category among its peers totaling about 679,379,081 of EBITDA per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alarko Carrier by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alarko Carrier'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.Alarko EBITDA vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Alarko Carrier |
| = | 0.14 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Alarko Carrier |
| = | 97.63 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.
Alarko EBITDA Comparison
Alarko Carrier is currently under evaluation in ebitda category among its peers.
Alarko Carrier Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alarko Carrier, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alarko Carrier will eventually generate negative long term returns. The profitability progress is the general direction of Alarko Carrier's change in net profit over the period of time. It can combine multiple indicators of Alarko Carrier, 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.
Alarko Carrier Sanayi ve Ticaret A.S. manufactures and sells products and services in the areas of heating, cooling, air-conditioning, and water pressurization. Alarko Carrier Sanayi ve Ticaret A.S. was founded in 1954 and is headquartered in Istanbul, Turkey. ALARKO CARRIER operates under Diversified Industrials classification in Turkey and is traded on Istanbul Stock Exchange.
Alarko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alarko Carrier. 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 Alarko Carrier 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 Alarko Carrier's important profitability drivers and their relationship over time.
Use Alarko Carrier 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 Alarko Carrier 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 Alarko Carrier will appreciate offsetting losses from the drop in the long position's value.Alarko Carrier Pair Trading
Alarko Carrier Sanayi Pair Trading Analysis
The ability to find closely correlated positions to Alarko Carrier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarko Carrier 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 Alarko Carrier - 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 Alarko Carrier Sanayi to buy it.
The correlation of Alarko Carrier 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 Alarko Carrier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarko Carrier 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 Alarko Carrier 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 Alarko Carrier position
In addition to having Alarko Carrier 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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Other Information on Investing in Alarko Stock
To fully project Alarko Carrier's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Alarko Carrier 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 Alarko Carrier's income statement, its balance sheet, and the statement of cash flows.