Ege Seramik Sanayi Stock Return On Asset
| EGSER Stock | TRY 4.03 0.02 0.50% |
Ege Seramik Sanayi fundamentals help investors to digest information that contributes to Ege Seramik's financial success or failures. It also enables traders to predict the movement of Ege Stock. The fundamental analysis module provides a way to measure Ege Seramik's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ege Seramik stock.
Ege |
Ege Seramik Sanayi Company Return On Asset Analysis
Ege Seramik's 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.
Current Ege Seramik Return On Asset | 0.26 |
Most of Ege Seramik's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ege Seramik Sanayi is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Ege Seramik Sanayi has a Return On Asset of 0.2569. This is 150.37% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The return on asset for all Turkey stocks is notably lower than that of the firm.
Ege Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ege Seramik's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ege Seramik could also be used in its relative valuation, which is a method of valuing Ege Seramik by comparing valuation metrics of similar companies.Ege Seramik is currently under evaluation in return on asset category among related companies.
Ege Fundamentals
| Return On Equity | 0.76 | |||
| Return On Asset | 0.26 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.24 % | |||
| Current Valuation | 2.77 B | |||
| Shares Outstanding | 75 M | |||
| Shares Owned By Insiders | 60.92 % | |||
| Shares Owned By Institutions | 0.09 % | |||
| Price To Earning | 11.84 X | |||
| Price To Book | 3.60 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 1.06 B | |||
| Gross Profit | 385.78 M | |||
| EBITDA | 372.18 M | |||
| Net Income | 262.66 M | |||
| Cash And Equivalents | 101.9 M | |||
| Cash Per Share | 1.36 X | |||
| Total Debt | 25.1 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 2.22 X | |||
| Book Value Per Share | 10.07 X | |||
| Cash Flow From Operations | 224.55 M | |||
| Earnings Per Share | 6.27 X | |||
| Target Price | 5.7 | |||
| Number Of Employees | 1.16 K | |||
| Beta | 0.8 | |||
| Market Capitalization | 2.36 B | |||
| Total Asset | 1.04 B | |||
| Retained Earnings | 96 M | |||
| Working Capital | 113 M | |||
| Current Asset | 236 M | |||
| Current Liabilities | 123 M | |||
| Z Score | 57.4 | |||
| Annual Yield | 0.08 % | |||
| Five Year Return | 7.17 % | |||
| Net Asset | 1.04 B | |||
| Last Dividend Paid | 2.26 |
About Ege Seramik Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ege Seramik Sanayi's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ege Seramik using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ege Seramik Sanayi based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Ege Seramik
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 Ege Seramik 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 Ege Seramik will appreciate offsetting losses from the drop in the long position's value.Moving against Ege Stock
| 0.6 | KCHOL | Koc Holding AS | PairCorr |
| 0.55 | YKBNK | Yapi ve Kredi | PairCorr |
| 0.53 | AKBNK | Akbank TAS | PairCorr |
| 0.42 | GARAN | Turkiye Garanti Bankasi | PairCorr |
The ability to find closely correlated positions to Ege Seramik could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ege Seramik 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 Ege Seramik - 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 Ege Seramik Sanayi to buy it.
The correlation of Ege Seramik 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 Ege Seramik moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ege Seramik Sanayi 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 Ege Seramik 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ege Seramik Sanayi. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Ege Stock analysis
When running Ege Seramik's price analysis, check to measure Ege Seramik's 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 Ege Seramik is operating at the current time. Most of Ege Seramik's value examination focuses on studying past and present price action to predict the probability of Ege Seramik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ege Seramik's price. Additionally, you may evaluate how the addition of Ege Seramik to your portfolios can decrease your overall portfolio volatility.
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