Nex Point Cash Per Share vs. Revenue
| NEX Stock | THB 0.73 0.02 2.82% |
For Nex Point profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nex Point to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nex Point Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nex Point's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nex Point Public over time as well as its relative position and ranking within its peers.
Nex |
Nex Point Public Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nex Point's current stock value. Our valuation model uses many indicators to compare Nex Point value to that of its competitors to determine the firm's financial worth. Nex Point Public is considered to be number one stock in cash per share category among its peers. It also is rated top company in revenue category among its peers totaling about 793,403,052 of Revenue per Cash Per Share. 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 Nex Point's earnings, one of the primary drivers of an investment's value.Nex Revenue vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.84 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nex Point |
| = | 666.46 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Nex Revenue vs Competition
Nex Point Public is rated top company in revenue category among its peers. Market size based on revenue of Electronic Components industry is now estimated at about 122.34 Billion. Nex Point maintains roughly 666.46 Million in revenue contributing less than 1% to equities under Electronic Components industry.
Nex Point Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nex Point, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nex Point will eventually generate negative long term returns. The profitability progress is the general direction of Nex Point's change in net profit over the period of time. It can combine multiple indicators of Nex Point, 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.
Nex Point Public Company Limited designs, manufactures, and sells electronic products in Thailand. Nex Point Public Company Limited was founded in 1997 and is headquartered in Samut Prakan, Thailand. NEX POINT operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.
Nex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nex Point. 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 Nex Point 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 Nex Point's important profitability drivers and their relationship over time.
Use Nex Point 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 Nex Point 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 Nex Point will appreciate offsetting losses from the drop in the long position's value.Nex Point Pair Trading
Nex Point Public Pair Trading Analysis
The ability to find closely correlated positions to Nex Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nex Point 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 Nex Point - 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 Nex Point Public to buy it.
The correlation of Nex Point 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 Nex Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nex Point Public 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 Nex Point 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 Nex Point position
In addition to having Nex Point 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?
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Companies from entertainment industry including show business, news and media. The Entertainment theme has 47 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 Entertainment Theme or any other thematic opportunities.
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Other Information on Investing in Nex Stock
To fully project Nex Point's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nex Point Public 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 Nex Point's income statement, its balance sheet, and the statement of cash flows.