Pingtan Marine EBITDA vs. Current Valuation
| PMEDelisted Stock | USD 0.27 0.00 0.00% |
For Pingtan Marine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pingtan Marine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pingtan Marine Enterprise utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pingtan Marine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pingtan Marine Enterprise over time as well as its relative position and ranking within its peers.
Pingtan |
Pingtan Marine Enterprise Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pingtan Marine's current stock value. Our valuation model uses many indicators to compare Pingtan Marine value to that of its competitors to determine the firm's financial worth. Pingtan Marine Enterprise is regarded third in ebitda category among its peers. It is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Pingtan Marine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Pingtan Current Valuation 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.
Pingtan Marine |
| = | (44.72 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.
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.
Pingtan Marine |
| = | 412.26 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.
Pingtan Current Valuation vs Competition
Pingtan Marine Enterprise is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Staples industry is at this time estimated at about 184.82 Billion. Pingtan Marine adds roughly 412.26 Million in current valuation claiming only tiny portion of stocks in Consumer Staples industry.
Pingtan Marine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pingtan Marine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pingtan Marine will eventually generate negative long term returns. The profitability progress is the general direction of Pingtan Marine's change in net profit over the period of time. It can combine multiple indicators of Pingtan Marine, 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.
Pingtan Marine Enterprise Ltd., together with its subsidiaries, engages in the ocean fishing business. Pingtan Marine Enterprise Ltd. is based in Fuzhou, the Peoples Republic of China. Pingtan Marine operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 2356 people.
Pingtan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pingtan Marine. 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 Pingtan Marine 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 Pingtan Marine's important profitability drivers and their relationship over time.
Use Pingtan Marine 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 Pingtan Marine 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 Pingtan Marine will appreciate offsetting losses from the drop in the long position's value.Pingtan Marine Pair Trading
Pingtan Marine Enterprise Pair Trading Analysis
The ability to find closely correlated positions to Pingtan Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pingtan Marine 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 Pingtan Marine - 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 Pingtan Marine Enterprise to buy it.
The correlation of Pingtan Marine 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 Pingtan Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pingtan Marine Enterprise 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 Pingtan Marine 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 Pingtan Marine position
In addition to having Pingtan Marine 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 Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 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 Business Supplies Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Pingtan Stock
If you are still planning to invest in Pingtan Marine Enterprise check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pingtan Marine's history and understand the potential risks before investing.
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