Nihon Kohden Current Valuation vs. EBITDA
| NHNKY Stock | USD 15.31 0.16 1.06% |
For Nihon Kohden profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nihon Kohden to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nihon Kohden Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nihon Kohden's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nihon Kohden Corp over time as well as its relative position and ranking within its peers.
Nihon |
Nihon Kohden Corp EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nihon Kohden's current stock value. Our valuation model uses many indicators to compare Nihon Kohden value to that of its competitors to determine the firm's financial worth. Nihon Kohden Corp is rated top company in current valuation category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 23.91 of EBITDA per Current Valuation. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nihon Kohden by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nihon Kohden's Pink Sheet. 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.Nihon Current Valuation vs. Competition
Nihon Kohden Corp is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Medical Devices industry is now estimated at about 1.96 Billion. Nihon Kohden totals roughly 1.58 Billion in current valuation claiming about 81% of all equities under Medical Devices industry.
Nihon EBITDA 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.
Nihon Kohden |
| = | 1.58 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.
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.
Nihon Kohden |
| = | 37.76 B |
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.
Nihon EBITDA Comparison
Nihon Kohden is currently under evaluation in ebitda category among its peers.
Nihon Kohden Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nihon Kohden, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nihon Kohden will eventually generate negative long term returns. The profitability progress is the general direction of Nihon Kohden's change in net profit over the period of time. It can combine multiple indicators of Nihon Kohden, 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.
Nihon Kohden Corporation engages in research and development, production, sale, repair, and maintenance of medical electronic equipment in Japan, Americas, Europe, rest of Asia, and internationally. The company was incorporated in 1951 and is headquartered in Shinjuku, Japan. Nihon Kohden operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 56 people.
Nihon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nihon Kohden. 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 Nihon Kohden 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 Nihon Kohden's important profitability drivers and their relationship over time.
Use Nihon Kohden 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 Nihon Kohden 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 Nihon Kohden will appreciate offsetting losses from the drop in the long position's value.Nihon Kohden Pair Trading
Nihon Kohden Corp Pair Trading Analysis
The ability to find closely correlated positions to Nihon Kohden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nihon Kohden 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 Nihon Kohden - 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 Nihon Kohden Corp to buy it.
The correlation of Nihon Kohden 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 Nihon Kohden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nihon Kohden Corp 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 Nihon Kohden 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 Nihon Kohden position
In addition to having Nihon Kohden 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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Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Nihon Pink Sheet Analysis
When running Nihon Kohden's price analysis, check to measure Nihon Kohden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nihon Kohden is operating at the current time. Most of Nihon Kohden's value examination focuses on studying past and present price action to predict the probability of Nihon Kohden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nihon Kohden's price. Additionally, you may evaluate how the addition of Nihon Kohden to your portfolios can decrease your overall portfolio volatility.