Shapir Engineering EBITDA vs. Return On Asset
| SPEN Stock | ILS 2,834 74.00 2.54% |
For Shapir Engineering profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shapir Engineering to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shapir Engineering Industry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shapir Engineering's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shapir Engineering Industry over time as well as its relative position and ranking within its peers.
Shapir |
Shapir Engineering Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shapir Engineering's current stock value. Our valuation model uses many indicators to compare Shapir Engineering value to that of its competitors to determine the firm's financial worth. Shapir Engineering Industry is rated second in ebitda category among its peers. It also is rated second in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Shapir Engineering Industry is about 32,558,203,390 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Shapir Engineering by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shapir Engineering'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.Shapir Return On Asset 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.
Shapir Engineering |
| = | 960.47 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.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Shapir Engineering |
| = | 0.0295 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shapir Return On Asset Comparison
Shapir Engineering is currently regarded as top stock in return on asset category among its peers.
Shapir Engineering Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shapir Engineering, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shapir Engineering will eventually generate negative long term returns. The profitability progress is the general direction of Shapir Engineering's change in net profit over the period of time. It can combine multiple indicators of Shapir Engineering, 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.
Shapir Engineering and Industry Ltd, together with its subsidiaries, engages in construction, construction materials, and real estate businesses in Israel. Shapir Engineering and Industry Ltd was incorporated in 2013 and is based in Petach Tikva, Israel. SHAPIR ENGINEERING is traded on Tel Aviv Stock Exchange in Israel.
Shapir Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shapir Engineering. 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 Shapir Engineering 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 Shapir Engineering's important profitability drivers and their relationship over time.
Use Shapir Engineering 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 Shapir Engineering 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 Shapir Engineering will appreciate offsetting losses from the drop in the long position's value.Shapir Engineering Pair Trading
Shapir Engineering Industry Pair Trading Analysis
The ability to find closely correlated positions to Shapir Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shapir Engineering 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 Shapir Engineering - 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 Shapir Engineering Industry to buy it.
The correlation of Shapir Engineering 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 Shapir Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shapir Engineering 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 Shapir Engineering 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 Shapir Engineering position
In addition to having Shapir Engineering 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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Other Information on Investing in Shapir Stock
To fully project Shapir Engineering's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shapir Engineering 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 Shapir Engineering's income statement, its balance sheet, and the statement of cash flows.