Shoprite Holdings Price To Sales vs. Gross Profit
| SRGHY Stock | USD 17.61 0.34 1.97% |
For Shoprite Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shoprite Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shoprite Holdings Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shoprite Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shoprite Holdings Ltd over time as well as its relative position and ranking within its peers.
Shoprite |
Shoprite Holdings Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shoprite Holdings's current stock value. Our valuation model uses many indicators to compare Shoprite Holdings value to that of its competitors to determine the firm's financial worth. Shoprite Holdings Ltd is rated fourth in price to sales category among its peers. It is currently regarded as top stock in gross profit category among its peers fabricating about 1,074,841,075,795 of Gross Profit per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shoprite Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shoprite Holdings' Pink Sheet. 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.Shoprite Gross Profit vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 0.04 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Shoprite Holdings |
| = | 43.96 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Shoprite Gross Profit Comparison
Shoprite Holdings is currently under evaluation in gross profit category among its peers.
Shoprite Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shoprite Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shoprite Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Shoprite Holdings' change in net profit over the period of time. It can combine multiple indicators of Shoprite Holdings, 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.
Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing and wholesaling business in South Africa and internationally. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. Shoprite Holdings is traded on OTC Exchange in the United States.
Shoprite Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shoprite Holdings. 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 Shoprite Holdings 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 Shoprite Holdings' important profitability drivers and their relationship over time.
Use Shoprite Holdings 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 Shoprite Holdings 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 Shoprite Holdings will appreciate offsetting losses from the drop in the long position's value.Shoprite Holdings Pair Trading
Shoprite Holdings Ltd Pair Trading Analysis
The ability to find closely correlated positions to Shoprite Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shoprite Holdings 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 Shoprite Holdings - 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 Shoprite Holdings Ltd to buy it.
The correlation of Shoprite Holdings 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 Shoprite Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shoprite Holdings 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 Shoprite Holdings 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 Shoprite Holdings position
In addition to having Shoprite Holdings 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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Additional Tools for Shoprite Pink Sheet Analysis
When running Shoprite Holdings' price analysis, check to measure Shoprite Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoprite Holdings is operating at the current time. Most of Shoprite Holdings' value examination focuses on studying past and present price action to predict the probability of Shoprite Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoprite Holdings' price. Additionally, you may evaluate how the addition of Shoprite Holdings to your portfolios can decrease your overall portfolio volatility.