Nintendo Revenue vs. Return On Asset
| NTDOF Stock | USD 48.46 0.34 0.70% |
For Nintendo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nintendo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nintendo Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nintendo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nintendo Co over time as well as its relative position and ranking within its peers.
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Nintendo Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nintendo's current stock value. Our valuation model uses many indicators to compare Nintendo value to that of its competitors to determine the firm's financial worth. Nintendo Co is rated top company in revenue category among related companies. It is considered to be number one stock in return on asset category among related companies . The ratio of Revenue to Return On Asset for Nintendo Co is about Huge . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nintendo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nintendo's Pink Sheet. 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 Nintendo's earnings, one of the primary drivers of an investment's value.Nintendo Revenue vs. Competition
Nintendo Co is rated top company in revenue category among related companies. Market size based on revenue of Electronic Gaming & Multimedia industry is now estimated at about 1.7 Trillion. Nintendo totals roughly 1.7 Trillion in revenue claiming about 100% of equities under Electronic Gaming & Multimedia industry.
Nintendo Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 1.7 T |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
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| = | 0.13 |
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.
Nintendo Return On Asset Comparison
Nintendo is currently under evaluation in return on asset category among related companies.
Nintendo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nintendo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nintendo will eventually generate negative long term returns. The profitability progress is the general direction of Nintendo's change in net profit over the period of time. It can combine multiple indicators of Nintendo, 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.
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. Nintendo Co., Ltd. was founded in 1889 and is headquartered in Kyoto, Japan. Nintendo Ltd-Ord operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange. It employs 6717 people.
Nintendo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nintendo. 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 Nintendo 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 Nintendo's important profitability drivers and their relationship over time.
Use Nintendo 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 Nintendo 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 Nintendo will appreciate offsetting losses from the drop in the long position's value.Nintendo Pair Trading
Nintendo Co Pair Trading Analysis
The ability to find closely correlated positions to Nintendo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nintendo 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 Nintendo - 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 Nintendo Co to buy it.
The correlation of Nintendo 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 Nintendo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nintendo 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 Nintendo 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 Nintendo position
In addition to having Nintendo 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 World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 46 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 World Allocation Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Nintendo Pink Sheet analysis
When running Nintendo's price analysis, check to measure Nintendo'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 Nintendo is operating at the current time. Most of Nintendo's value examination focuses on studying past and present price action to predict the probability of Nintendo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nintendo's price. Additionally, you may evaluate how the addition of Nintendo to your portfolios can decrease your overall portfolio volatility.
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To fully project Nintendo's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nintendo 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 Nintendo's income statement, its balance sheet, and the statement of cash flows.