Kencana Energi Price To Sales vs. Gross Profit
| KEEN Stock | IDR 700.00 5.00 0.72% |
For Kencana Energi profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kencana Energi to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kencana Energi Lestari utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kencana Energi's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kencana Energi Lestari over time as well as its relative position and ranking within its peers.
Kencana |
Kencana Energi Lestari Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kencana Energi's current stock value. Our valuation model uses many indicators to compare Kencana Energi value to that of its competitors to determine the firm's financial worth. Kencana Energi Lestari is currently regarded as number one stock in price to sales category among related companies. It is currently regarded as number one stock in gross profit category among related companies fabricating about 349.67 of Gross Profit per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kencana Energi by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kencana Energi'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. 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 Kencana Energi's earnings, one of the primary drivers of an investment's value.Kencana 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.
Kencana Energi |
| = | 60,585 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.
Kencana Energi |
| = | 21.19 M |
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.
Kencana Gross Profit Comparison
Kencana Energi is currently under evaluation in gross profit category among related companies.
Kencana Energi Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kencana Energi, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kencana Energi will eventually generate negative long term returns. The profitability progress is the general direction of Kencana Energi's change in net profit over the period of time. It can combine multiple indicators of Kencana Energi, 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.
PT Kencana Energi Lestari Tbk, together with its subsidiaries, operates as a renewable energy company in Indonesia. PT Kencana Energi Lestari Tbk was founded in 2008 and is headquartered in West Jakarta, Indonesia. Kencana Energi operates under UtilitiesIndependent Power Producers classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 74 people.
Kencana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kencana Energi. 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 Kencana Energi 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 Kencana Energi's important profitability drivers and their relationship over time.
Use Kencana Energi 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 Kencana Energi 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 Kencana Energi will appreciate offsetting losses from the drop in the long position's value.Kencana Energi Pair Trading
Kencana Energi Lestari Pair Trading Analysis
The ability to find closely correlated positions to Kencana Energi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kencana Energi 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 Kencana Energi - 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 Kencana Energi Lestari to buy it.
The correlation of Kencana Energi 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 Kencana Energi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kencana Energi Lestari 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 Kencana Energi 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 Kencana Energi position
In addition to having Kencana Energi 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 Cash Cows Thematic Idea Now
Cash Cows
Entities with stable and reliable earnings or profits, which allows them to pay consistent dividends to their shareholders. The Cash Cows theme has 25 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 Cash Cows Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Kencana Stock analysis
When running Kencana Energi's price analysis, check to measure Kencana Energi'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 Kencana Energi is operating at the current time. Most of Kencana Energi's value examination focuses on studying past and present price action to predict the probability of Kencana Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kencana Energi's price. Additionally, you may evaluate how the addition of Kencana Energi to your portfolios can decrease your overall portfolio volatility.
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To fully project Kencana Energi's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kencana Energi Lestari 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 Kencana Energi's income statement, its balance sheet, and the statement of cash flows.