SCI Electric Revenue vs. Current Valuation
| SCI Stock | THB 0.89 0.02 2.30% |
For SCI Electric profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SCI Electric to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SCI Electric Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SCI Electric's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SCI Electric Public over time as well as its relative position and ranking within its peers.
SCI |
SCI Electric Public Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SCI Electric's current stock value. Our valuation model uses many indicators to compare SCI Electric value to that of its competitors to determine the firm's financial worth. SCI Electric Public is rated second in revenue category among its peers. It is rated third in current valuation category among its peers reporting about 0.72 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for SCI Electric Public is roughly 1.38 . 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 SCI Electric's earnings, one of the primary drivers of an investment's value.SCI Revenue vs. Competition
SCI Electric Public is rated second in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 223.29 Billion. SCI Electric maintains roughly 1.57 Billion in revenue contributing less than 1% to equities under Industrials industry.
SCI Current Valuation vs. Revenue
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.
SCI Electric |
| = | 1.57 B |
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.
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.
SCI Electric |
| = | 1.13 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.
SCI Current Valuation vs Competition
SCI Electric Public is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 205.39 Billion. SCI Electric maintains roughly 1.13 Billion in current valuation contributing less than 1% to equities under Industrials industry.
SCI Electric Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SCI Electric, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SCI Electric will eventually generate negative long term returns. The profitability progress is the general direction of SCI Electric's change in net profit over the period of time. It can combine multiple indicators of SCI Electric, 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.
SCI Electric Public Company Limited engages in the manufacture and sale of electrical switch boards and galvanized steel structures to various publicprivate sector projects. SCI Electric Public Company Limited was founded in 1987 and is headquartered in Bang Bo, Thailand. SCI ELECTRIC operates under Metal Fabrication classification in Thailand and is traded on Stock Exchange of Thailand.
SCI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SCI Electric. 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 SCI Electric 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 SCI Electric's important profitability drivers and their relationship over time.
Use SCI Electric 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 SCI Electric 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 SCI Electric will appreciate offsetting losses from the drop in the long position's value.SCI Electric Pair Trading
SCI Electric Public Pair Trading Analysis
The ability to find closely correlated positions to SCI Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SCI Electric 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 SCI Electric - 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 SCI Electric Public to buy it.
The correlation of SCI Electric 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 SCI Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SCI Electric 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 SCI Electric 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 SCI Electric position
In addition to having SCI Electric 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 Utilities Thematic Idea Now
Utilities
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities theme has 61 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 Utilities Theme or any other thematic opportunities.
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Other Information on Investing in SCI Stock
To fully project SCI Electric's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SCI Electric 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 SCI Electric's income statement, its balance sheet, and the statement of cash flows.