Shikun Binui Price To Earning vs. Revenue

SKBN Stock  ILS 1,399  6.00  0.43%   
Considering the key profitability indicators obtained from Shikun Binui's historical financial statements, Shikun Binui may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Shikun Binui's ability to earn profits and add value for shareholders.
For Shikun Binui profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shikun Binui to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shikun Binui utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shikun Binui's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shikun Binui over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Shikun Binui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shikun Binui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shikun Binui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Shikun Binui Revenue vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Shikun Binui's current stock value. Our valuation model uses many indicators to compare Shikun Binui value to that of its competitors to determine the firm's financial worth.
Shikun Binui is currently regarded as top stock in price to earning category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about  12,458,329  of Revenue per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shikun Binui by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shikun Binui's Stock. 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.

Shikun Revenue vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Shikun Binui

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
493.34 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

Shikun Binui

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
6.15 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.

Shikun Revenue vs Competition

Shikun Binui is currently regarded number one company in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 57.4 Billion. Shikun Binui retains roughly 6.15 Billion in revenue claiming about 11% of equities under Industrials industry.

Shikun Binui Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Shikun Binui, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shikun Binui will eventually generate negative long term returns. The profitability progress is the general direction of Shikun Binui's change in net profit over the period of time. It can combine multiple indicators of Shikun Binui, 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.
Shikun Binui Ltd., together with its subsidiaries, engages in the infrastructure and construction, real estate development, concessions, energy, and other businesses in Israel and internationally. The company was founded in 1920 and is headquartered in Airport City, Israel. SHIKUN BINUI operates under Engineering Construction classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 9297 people.

Shikun Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Shikun Binui. 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 Shikun Binui 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 Shikun Binui's important profitability drivers and their relationship over time.

Use Shikun Binui 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 Shikun Binui 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 Shikun Binui will appreciate offsetting losses from the drop in the long position's value.

Shikun Binui Pair Trading

Shikun Binui Pair Trading Analysis

The ability to find closely correlated positions to Shikun Binui could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shikun Binui 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 Shikun Binui - 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 Shikun Binui to buy it.
The correlation of Shikun Binui 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 Shikun Binui moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shikun Binui 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 Shikun Binui 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Shikun Binui position

In addition to having Shikun Binui 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.

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Run Technology Thematic Idea Now

Technology
Technology Theme
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
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Other Information on Investing in Shikun Stock

To fully project Shikun Binui's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shikun Binui 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 Shikun Binui's income statement, its balance sheet, and the statement of cash flows.
Potential Shikun Binui investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Shikun Binui investors may work on each financial statement separately, they are all related. The changes in Shikun Binui's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shikun Binui's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.