Ever Shine EBITDA vs. Net Income
| ESTI Stock | IDR 42.00 1.00 2.33% |
For Ever Shine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ever Shine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ever Shine Textile utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ever Shine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ever Shine Textile over time as well as its relative position and ranking within its peers.
Ever |
Ever Shine Textile Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ever Shine's current stock value. Our valuation model uses many indicators to compare Ever Shine value to that of its competitors to determine the firm's financial worth. Ever Shine Textile is one of the top stocks in ebitda category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.38 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Ever Shine Textile is roughly 2.61 . 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 Ever Shine's earnings, one of the primary drivers of an investment's value.Ever Net Income vs. EBITDA
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.
Ever Shine |
| = | 4.2 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Ever Shine |
| = | 1.61 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Ever Net Income Comparison
Ever Shine is currently under evaluation in net income category among its peers.
Ever Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ever Shine. 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 Ever Shine 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 Ever Shine's important profitability drivers and their relationship over time.
Use Ever Shine 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 Ever Shine 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 Ever Shine will appreciate offsetting losses from the drop in the long position's value.Ever Shine Pair Trading
Ever Shine Textile Pair Trading Analysis
The ability to find closely correlated positions to Ever Shine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ever Shine 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 Ever Shine - 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 Ever Shine Textile to buy it.
The correlation of Ever Shine 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 Ever Shine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ever Shine Textile 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 Ever Shine 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 Ever Shine position
In addition to having Ever Shine 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 Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 484 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 Theme ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Ever Stock
To fully project Ever Shine's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ever Shine Textile 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 Ever Shine's income statement, its balance sheet, and the statement of cash flows.