Pico Public EBITDA vs. Net Income
| PICO Stock | THB 3.62 0.02 0.55% |
For Pico Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pico Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pico Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pico Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pico Public over time as well as its relative position and ranking within its peers.
Pico |
Pico Public Net Income vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pico Public's current stock value. Our valuation model uses many indicators to compare Pico Public value to that of its competitors to determine the firm's financial worth. Pico Public is considered to be number one stock in ebitda category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.39 of Net Income per EBITDA. The ratio of EBITDA to Net Income for Pico Public is roughly 2.59 . 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 Pico Public's earnings, one of the primary drivers of an investment's value.Pico 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.
Pico Public |
| = | 51.49 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.
Pico Public |
| = | 19.9 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.
Pico Net Income Comparison
Pico Public is currently under evaluation in net income category among its peers.
Pico Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pico Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pico Public will eventually generate negative long term returns. The profitability progress is the general direction of Pico Public's change in net profit over the period of time. It can combine multiple indicators of Pico Public, 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.
Pico Public Company Limited primarily designs and fabricates exhibition booths for trade exhibition organizers, company showrooms, and shop counters in Thailand. The company was founded in 1981 and is based in Bangkok, Thailand. Pico Public operates under Marketing Services classification in Thailand and is traded on Stock Exchange of Thailand.
Pico Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pico Public. 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 Pico Public 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 Pico Public's important profitability drivers and their relationship over time.
Use Pico Public 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 Pico Public 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 Pico Public will appreciate offsetting losses from the drop in the long position's value.Pico Public Pair Trading
Pico Public Pair Trading Analysis
The ability to find closely correlated positions to Pico Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pico Public 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 Pico Public - 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 Pico Public to buy it.
The correlation of Pico Public 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 Pico Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pico 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 Pico Public 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 Pico Public position
In addition to having Pico Public 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 Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 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 Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in Pico Stock
To fully project Pico Public's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Pico 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 Pico Public's income statement, its balance sheet, and the statement of cash flows.