Turcas Petrol Current Valuation vs. Total Debt
| TRCAS Stock | TRY 26.40 0.58 2.15% |
For Turcas Petrol profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Turcas Petrol to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Turcas Petrol AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Turcas Petrol's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Turcas Petrol AS over time as well as its relative position and ranking within its peers.
Turcas |
Turcas Petrol AS Total Debt vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Turcas Petrol's current stock value. Our valuation model uses many indicators to compare Turcas Petrol value to that of its competitors to determine the firm's financial worth. Turcas Petrol AS is currently regarded number one company in current valuation category among its peers. It also is currently regarded number one company in total debt category among its peers making up about 0.10 of Total Debt per Current Valuation. The ratio of Current Valuation to Total Debt for Turcas Petrol AS is roughly 9.58 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Turcas Petrol by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Turcas Petrol'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.Turcas Current Valuation vs. Competition
Turcas Petrol AS is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Energy industry is at this time estimated at about 737.43 Billion. Turcas Petrol maintains roughly 5.62 Billion in current valuation contributing less than 1% to equities under Energy industry.
Turcas Total Debt vs. Current Valuation
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.
Turcas Petrol |
| = | 5.62 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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Turcas Petrol |
| = | 586.31 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Turcas Total Debt vs Competition
Turcas Petrol AS is currently regarded number one company in total debt category among its peers. Total debt of Energy industry is at this time estimated at about 38.56 Billion. Turcas Petrol claims roughly 586.31 Million in total debt contributing just under 2% to equities under Energy industry.
Turcas Petrol Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Turcas Petrol, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Turcas Petrol will eventually generate negative long term returns. The profitability progress is the general direction of Turcas Petrol's change in net profit over the period of time. It can combine multiple indicators of Turcas Petrol, 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.
Turcas Petrol A.S., through its subsidiaries, operates in the fuel retail and lubricants, conventional energy, and renewable energy fields primarily in Turkey. The company was founded in 1931 and is headquartered in Istanbul, Turkey. TURCAS PETROL operates under UtilitiesIndependent Power Producers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 82 people.
Turcas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Turcas Petrol. 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 Turcas Petrol 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 Turcas Petrol's important profitability drivers and their relationship over time.
Use Turcas Petrol 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 Turcas Petrol 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 Turcas Petrol will appreciate offsetting losses from the drop in the long position's value.Turcas Petrol Pair Trading
Turcas Petrol AS Pair Trading Analysis
The ability to find closely correlated positions to Turcas Petrol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turcas Petrol 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 Turcas Petrol - 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 Turcas Petrol AS to buy it.
The correlation of Turcas Petrol 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 Turcas Petrol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turcas Petrol AS 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 Turcas Petrol 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 Turcas Petrol position
In addition to having Turcas Petrol 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 Turcas Stock
To fully project Turcas Petrol's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Turcas Petrol AS 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 Turcas Petrol's income statement, its balance sheet, and the statement of cash flows.