Hisense Home Price To Earning vs. Current Valuation
| GKE Stock | EUR 3.00 0.03 1.01% |
For Hisense Home profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hisense Home to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hisense Home Appliances utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hisense Home's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hisense Home Appliances over time as well as its relative position and ranking within its peers.
Hisense |
Hisense Home Appliances Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hisense Home's current stock value. Our valuation model uses many indicators to compare Hisense Home value to that of its competitors to determine the firm's financial worth. Hisense Home Appliances is rated # 5 in price to earning category among its peers. It also is rated # 5 in current valuation category among its peers reporting about 89,851,079 of Current Valuation per Price To Earning. 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 Hisense Home's earnings, one of the primary drivers of an investment's value.Hisense Current Valuation vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Hisense Home |
| = | 5.54 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Hisense Home |
| = | 497.77 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Hisense Current Valuation vs Competition
Hisense Home Appliances is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Home Furnishings & Fixtures industry is currently estimated at about 24.34 Billion. Hisense Home holds roughly 497.77 Million in current valuation claiming about 2.05% of equities under Home Furnishings & Fixtures industry.
Hisense Home Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hisense Home, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hisense Home will eventually generate negative long term returns. The profitability progress is the general direction of Hisense Home's change in net profit over the period of time. It can combine multiple indicators of Hisense Home, 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.
Hisense Home Appliances Group Co., Ltd. manufactures and sells white household electrical appliances under the Hisense, Kelon, and Ronshen brands in the Peoples Republic of China and internationally. Hisense Home Appliances Group Co., Ltd. was founded in 1984 and is headquartered in Foshan, the Peoples Republic of China. HISENSE HOME operates under Home Furnishings Fixtures classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32858 people.
Hisense Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hisense Home. 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 Hisense Home 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 Hisense Home's important profitability drivers and their relationship over time.
Use Hisense Home 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 Hisense Home 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 Hisense Home will appreciate offsetting losses from the drop in the long position's value.Hisense Home Pair Trading
Hisense Home Appliances Pair Trading Analysis
The ability to find closely correlated positions to Hisense Home could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hisense Home 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 Hisense Home - 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 Hisense Home Appliances to buy it.
The correlation of Hisense Home 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 Hisense Home moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hisense Home Appliances 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 Hisense Home 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 Hisense Home position
In addition to having Hisense Home 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 Asset Allocation ETFs Thematic Idea Now
Asset Allocation ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Asset Allocation ETFs theme has 145 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 Asset Allocation ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Hisense Stock
To fully project Hisense Home's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hisense Home Appliances 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 Hisense Home's income statement, its balance sheet, and the statement of cash flows.