Meshek Energy Current Valuation vs. Return On Asset
| MSKE Stock | ILA 195.30 6.90 3.41% |
For Meshek Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Meshek Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Meshek Energy Renewable Energies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Meshek Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Meshek Energy Renewable Energies over time as well as its relative position and ranking within its peers.
Meshek |
Meshek Energy Renewable Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Meshek Energy's current stock value. Our valuation model uses many indicators to compare Meshek Energy value to that of its competitors to determine the firm's financial worth. Meshek Energy Renewable Energies is rated top company in current valuation category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Meshek Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Meshek Energy'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.Meshek Current Valuation vs. Competition
Meshek Energy Renewable Energies is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities—Renewable industry is now estimated at about 66.49 Billion. Meshek Energy holds roughly 2.57 Billion in current valuation claiming about 4% of Utilities—Renewable industry.
Meshek Return On Asset vs. Current Valuation
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.
Meshek Energy |
| = | 2.57 B |
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.
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.
Meshek Energy |
| = | -0.0079 |
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.
Meshek Return On Asset Comparison
Meshek Energy is currently under evaluation in return on asset category among its peers.
Meshek Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Meshek Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Meshek Energy will eventually generate negative long term returns. The profitability progress is the general direction of Meshek Energy's change in net profit over the period of time. It can combine multiple indicators of Meshek Energy, 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.
Meshek Energy - Renewable Energies Ltd. focuses on the construction and operation of photovoltaic power generation facilities. The company was founded in 2016 and is based in Tel Aviv-Yafo, Israel. MESHEK ENGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 16 people.
Meshek Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Meshek Energy. 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 Meshek Energy 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 Meshek Energy's important profitability drivers and their relationship over time.
Use Meshek Energy 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 Meshek Energy 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 Meshek Energy will appreciate offsetting losses from the drop in the long position's value.Meshek Energy Pair Trading
Meshek Energy Renewable Energies Pair Trading Analysis
The ability to find closely correlated positions to Meshek Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Meshek Energy 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 Meshek Energy - 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 Meshek Energy Renewable Energies to buy it.
The correlation of Meshek Energy 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 Meshek Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Meshek Energy Renewable 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 Meshek Energy 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 Meshek Energy position
In addition to having Meshek Energy 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 Momentum Thematic Idea Now
Momentum
Large corporations operating in software, education, financial and car manufacturing industries. The Momentum theme has 40 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 Momentum Theme or any other thematic opportunities.
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Other Information on Investing in Meshek Stock
To fully project Meshek Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Meshek Energy Renewable 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 Meshek Energy's income statement, its balance sheet, and the statement of cash flows.