WICE Logistics Profit Margin vs. Return On Equity
| WICE Stock | THB 4.12 0.12 2.83% |
For WICE Logistics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WICE Logistics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WICE Logistics PCL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WICE Logistics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WICE Logistics PCL over time as well as its relative position and ranking within its peers.
WICE |
WICE Logistics PCL Return On Equity vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining WICE Logistics's current stock value. Our valuation model uses many indicators to compare WICE Logistics value to that of its competitors to determine the firm's financial worth. WICE Logistics PCL is rated first in profit margin category among its peers. It is rated first in return on equity category among its peers reporting about 5.76 of Return On Equity per Profit Margin. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the WICE Logistics' earnings, one of the primary drivers of an investment's value.WICE Return On Equity vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
WICE Logistics |
| = | 0.08 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
WICE Logistics |
| = | 0.45 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
WICE Return On Equity Comparison
WICE Logistics is currently under evaluation in return on equity category among its peers.
WICE Logistics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in WICE Logistics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WICE Logistics will eventually generate negative long term returns. The profitability progress is the general direction of WICE Logistics' change in net profit over the period of time. It can combine multiple indicators of WICE Logistics, 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.
Wice Logistics Public Company Limited provides air and sea freight forwarding, customs brokerage, inland transportation, cross-border and multimodal transportation, warehousing, and various freight related services for imports and exports in Thailand and internationally. Wice Logistics Public Company Limited was founded in 1993 and is headquartered in Bangkok, Thailand. WICE LOGISTICS operates under Integrated Freight Logistics classification in Thailand and is traded on Stock Exchange of Thailand.
WICE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on WICE Logistics. 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 WICE Logistics 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 WICE Logistics' important profitability drivers and their relationship over time.
Use WICE Logistics 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 WICE Logistics 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 WICE Logistics will appreciate offsetting losses from the drop in the long position's value.WICE Logistics Pair Trading
WICE Logistics PCL Pair Trading Analysis
The ability to find closely correlated positions to WICE Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WICE Logistics 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 WICE Logistics - 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 WICE Logistics PCL to buy it.
The correlation of WICE Logistics 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 WICE Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WICE Logistics PCL 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 WICE Logistics 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 WICE Logistics position
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Other Information on Investing in WICE Stock
To fully project WICE Logistics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WICE Logistics PCL 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 WICE Logistics' income statement, its balance sheet, and the statement of cash flows.