Eastern Polymer Operating Margin vs. Return On Asset
| EPG Stock | THB 4.06 0.02 0.49% |
For Eastern Polymer profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eastern Polymer to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eastern Polymer Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eastern Polymer's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eastern Polymer Group over time as well as its relative position and ranking within its peers.
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Eastern Polymer Group Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eastern Polymer's current stock value. Our valuation model uses many indicators to compare Eastern Polymer value to that of its competitors to determine the firm's financial worth. Eastern Polymer Group is rated # 2 in operating margin category among its peers. It also is rated # 2 in return on asset category among its peers reporting about 0.42 of Return On Asset per Operating Margin. The ratio of Operating Margin to Return On Asset for Eastern Polymer Group is roughly 2.39 . 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 Eastern Polymer's earnings, one of the primary drivers of an investment's value.Eastern Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
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| = | 0.1 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
Eastern Polymer |
| = | 0.0405 |
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.
Eastern Return On Asset Comparison
Eastern Polymer is currently under evaluation in return on asset category among its peers.
Eastern Polymer Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eastern Polymer, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eastern Polymer will eventually generate negative long term returns. The profitability progress is the general direction of Eastern Polymer's change in net profit over the period of time. It can combine multiple indicators of Eastern Polymer, 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.
Eastern Polymer Group Public Company Limited, through its subsidiaries, engages in the rubber insulation, automotive and packaging plastics, and other businesses in Thailand and internationally. Eastern Polymer Group Public Company Limited is a subsidiary of Vitoorapakorn Holding Co., Ltd. EASTERN POLYMER operates under Rubber Plastics classification in Thailand and is traded on Stock Exchange of Thailand.
Eastern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eastern Polymer. 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 Eastern Polymer 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 Eastern Polymer's important profitability drivers and their relationship over time.
Use Eastern Polymer 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 Eastern Polymer 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 Eastern Polymer will appreciate offsetting losses from the drop in the long position's value.Eastern Polymer Pair Trading
Eastern Polymer Group Pair Trading Analysis
The ability to find closely correlated positions to Eastern Polymer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastern Polymer 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 Eastern Polymer - 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 Eastern Polymer Group to buy it.
The correlation of Eastern Polymer 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 Eastern Polymer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastern Polymer Group 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 Eastern Polymer 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 Eastern Polymer position
In addition to having Eastern Polymer 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 Construction Thematic Idea Now
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Other Information on Investing in Eastern Stock
To fully project Eastern Polymer's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eastern Polymer Group 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 Eastern Polymer's income statement, its balance sheet, and the statement of cash flows.