Turk Traktor Current Valuation vs. Return On Asset
| TTRAK Stock | TRY 755.00 5.50 0.73% |
For Turk Traktor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Turk Traktor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Turk Traktor ve utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Turk Traktor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Turk Traktor ve over time as well as its relative position and ranking within its peers.
Turk |
Turk Traktor ve Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Turk Traktor's current stock value. Our valuation model uses many indicators to compare Turk Traktor value to that of its competitors to determine the firm's financial worth. Turk Traktor ve is rated second in current valuation category among its peers. It is currently regarded as top stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Turk Traktor ve is about 149,155,269,873 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Turk Traktor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Turk Traktor'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.Turk Current Valuation vs. Competition
Turk Traktor ve is rated second 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 696.28 Billion. Turk Traktor holds roughly 28.28 Billion in current valuation claiming about 4% of equities under Industrials industry.
Turk Return On Asset 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.
Turk Traktor |
| = | 28.28 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.
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.
Turk Traktor |
| = | 0.19 |
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.
Turk Return On Asset Comparison
Turk Traktor is currently under evaluation in return on asset category among its peers.
Turk Traktor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Turk Traktor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Turk Traktor will eventually generate negative long term returns. The profitability progress is the general direction of Turk Traktor's change in net profit over the period of time. It can combine multiple indicators of Turk Traktor, 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.
Trk Traktr ve Ziraat Makineleri A.S. manufactures and sells farm tractors, harvesters, and other agricultural machineries and equipment. Trk Traktr ve Ziraat Makineleri A.S. was founded in 1954 and is headquartered in Ankara, Turkey. TURK TRAKTOR operates under Farm Heavy Construction Machinery classification in Turkey and is traded on Istanbul Stock Exchange. It employs 2110 people.
Turk Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Turk Traktor. 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 Turk Traktor 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 Turk Traktor's important profitability drivers and their relationship over time.
Use Turk Traktor 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 Turk Traktor 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 Turk Traktor will appreciate offsetting losses from the drop in the long position's value.Turk Traktor Pair Trading
Turk Traktor ve Pair Trading Analysis
The ability to find closely correlated positions to Turk Traktor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turk Traktor 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 Turk Traktor - 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 Turk Traktor ve to buy it.
The correlation of Turk Traktor 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 Turk Traktor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turk Traktor ve 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 Turk Traktor 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 Turk Traktor position
In addition to having Turk Traktor 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 39 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 Management Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Turk Stock
To fully project Turk Traktor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Turk Traktor ve 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 Turk Traktor's income statement, its balance sheet, and the statement of cash flows.