Dhanuka Agritech Price To Sales vs. Number Of Employees

DHANUKA Stock   1,510  77.75  4.90%   
Considering the key profitability indicators obtained from Dhanuka Agritech's historical financial statements, Dhanuka Agritech Limited may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Dhanuka Agritech's ability to earn profits and add value for shareholders.
For Dhanuka Agritech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dhanuka Agritech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dhanuka Agritech Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dhanuka Agritech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dhanuka Agritech Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Dhanuka Agritech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dhanuka Agritech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dhanuka Agritech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Dhanuka Agritech Number Of Employees vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dhanuka Agritech's current stock value. Our valuation model uses many indicators to compare Dhanuka Agritech value to that of its competitors to determine the firm's financial worth.
Dhanuka Agritech Limited is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in number of employees category among its peers creating about  306.15  of Number Of Employees per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dhanuka Agritech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dhanuka Agritech'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.

Dhanuka Number Of Employees 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.

Dhanuka Agritech

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3.71 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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Dhanuka Agritech

Number of Employees

 = 

Full Time

+

Part Time

 = 
1.14 K
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Dhanuka Number Of Employees vs Competition

Dhanuka Agritech Limited is one of the top stocks in number of employees category among its peers. The total workforce of Materials industry is currently estimated at about 20,798. Dhanuka Agritech holds roughly 1,136 in number of employees claiming about 5% of all equities under Materials industry.

Dhanuka Agritech Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dhanuka Agritech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dhanuka Agritech will eventually generate negative long term returns. The profitability progress is the general direction of Dhanuka Agritech's change in net profit over the period of time. It can combine multiple indicators of Dhanuka Agritech, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income21.2 M22.3 M
Operating Income5.1 B5.3 B
Income Before Tax3.2 B3.3 B
Total Other Income Expense Net-1.9 B-1.8 B
Net Income2.4 B1.5 B
Income Tax Expense796.6 M836.4 M
Net Income From Continuing Ops2.4 B1.7 B
Net Income Applicable To Common Shares2.7 B1.6 B
Interest Income196.4 M206.2 M
Net Interest Income-30.9 M-29.3 M
Change To Netincome-172.4 M-163.8 M

Dhanuka Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Dhanuka Agritech. 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 Dhanuka Agritech 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 Dhanuka Agritech's important profitability drivers and their relationship over time.

Use Dhanuka Agritech 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 Dhanuka Agritech 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 Dhanuka Agritech will appreciate offsetting losses from the drop in the long position's value.

Dhanuka Agritech Pair Trading

Dhanuka Agritech Limited Pair Trading Analysis

The ability to find closely correlated positions to Dhanuka Agritech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dhanuka Agritech 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 Dhanuka Agritech - 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 Dhanuka Agritech Limited to buy it.
The correlation of Dhanuka Agritech 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 Dhanuka Agritech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dhanuka Agritech 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 Dhanuka Agritech 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.
Pair CorrelationCorrelation Matching

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Other Information on Investing in Dhanuka Stock

To fully project Dhanuka Agritech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dhanuka Agritech 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 Dhanuka Agritech's income statement, its balance sheet, and the statement of cash flows.
Potential Dhanuka Agritech investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dhanuka Agritech investors may work on each financial statement separately, they are all related. The changes in Dhanuka Agritech's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dhanuka Agritech's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.