Aster DM Revenue vs. Return On Equity
| ASTERDM Stock | 484.35 1.25 0.26% |
Total Revenue | First Reported 2017-06-30 | Previous Quarter 10 B | Current Value 10.9 B | Quarterly Volatility 6.9 B |
For Aster DM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aster DM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aster DM Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aster DM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aster DM Healthcare over time as well as its relative position and ranking within its peers.
Aster |
Aster DM Healthcare Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aster DM's current stock value. Our valuation model uses many indicators to compare Aster DM value to that of its competitors to determine the firm's financial worth. Aster DM Healthcare is the top company in revenue category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Revenue to Return On Equity for Aster DM Healthcare is about 529,170,243,205 . At this time, Aster DM's Total Revenue is very stable compared to the past year. 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 Aster DM's earnings, one of the primary drivers of an investment's value.Aster Revenue vs. Competition
Aster DM Healthcare is the top company in revenue category among its peers. Market size based on revenue of Health Care industry is presently estimated at about 73.64 Billion. Aster DM totals roughly 36.99 Billion in revenue claiming about 50% of equities under Health Care industry.
Aster Return On Equity vs. Revenue
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.
Aster DM |
| = | 36.99 B |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Aster DM |
| = | 0.0699 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Aster Return On Equity Comparison
Aster DM is currently under evaluation in return on equity category among its peers.
Aster DM Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aster DM, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aster DM will eventually generate negative long term returns. The profitability progress is the general direction of Aster DM's change in net profit over the period of time. It can combine multiple indicators of Aster DM, 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 | ||
| Accumulated Other Comprehensive Income | 9 B | 9.5 B | |
| Operating Income | 9.4 B | 5.4 B | |
| Income Before Tax | 2.6 B | 3.5 B | |
| Total Other Income Expense Net | -6.8 B | -7.1 B | |
| Net Income | 1.3 B | 2.5 B | |
| Income Tax Expense | 565.1 M | 349.4 M | |
| Net Income From Continuing Ops | 2 B | 3.3 B | |
| Net Income Applicable To Common Shares | 4.9 B | 2.6 B | |
| Interest Income | 3.8 B | 2.4 B | |
| Net Interest Income | -1.1 B | -1.2 B | |
| Change To Netincome | 6.3 B | 4.8 B |
Aster Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aster DM. 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 Aster DM 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 Aster DM's important profitability drivers and their relationship over time.
Use Aster DM 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 Aster DM 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 Aster DM will appreciate offsetting losses from the drop in the long position's value.Aster DM Pair Trading
Aster DM Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Aster DM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aster DM 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 Aster DM - 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 Aster DM Healthcare to buy it.
The correlation of Aster DM 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 Aster DM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aster DM Healthcare 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 Aster DM 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 Aster DM position
In addition to having Aster DM 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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Gold ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Gold ETFs theme has 19 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 Gold ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Aster Stock
To fully project Aster DM's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aster DM Healthcare 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 Aster DM's income statement, its balance sheet, and the statement of cash flows.