Plasto Cargal Profitability Analysis
| PLCR Stock | 377.00 17.40 4.84% |
For Plasto Cargal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Plasto Cargal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Plasto Cargal Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Plasto Cargal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Plasto Cargal Group over time as well as its relative position and ranking within its peers.
Plasto |
Plasto Cargal Group Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Plasto Cargal's current stock value. Our valuation model uses many indicators to compare Plasto Cargal value to that of its competitors to determine the firm's financial worth. Plasto Cargal Group is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Plasto Cargal by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Plasto Cargal'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 Plasto Cargal's earnings, one of the primary drivers of an investment's value.Plasto Return On Asset vs. Return On Equity
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.
Plasto Cargal |
| = | -0.21 |
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.
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.
Plasto Cargal |
| = | 0.0099 |
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.
Plasto Return On Asset Comparison
Plasto Cargal is currently under evaluation in return on asset category among related companies.
Plasto Cargal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Plasto Cargal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Plasto Cargal will eventually generate negative long term returns. The profitability progress is the general direction of Plasto Cargal's change in net profit over the period of time. It can combine multiple indicators of Plasto Cargal, 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.
Plasto Cargal Group Ltd develops, manufactures, and markets corrugated board and flexible packaging solutions to agriculture, food and beverage, cleaning materials, toiletry, high-tech, and defense industries in Israel. Plasto Cargal Group Ltd is a subsidiary of C.I. - Cardboard Industries Ltd. Plasto Cargal is traded on Tel Aviv Stock Exchange in Israel.
Plasto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Plasto Cargal. 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 Plasto Cargal 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 Plasto Cargal's important profitability drivers and their relationship over time.
Use Plasto Cargal 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 Plasto Cargal 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 Plasto Cargal will appreciate offsetting losses from the drop in the long position's value.Plasto Cargal Pair Trading
Plasto Cargal Group Pair Trading Analysis
The ability to find closely correlated positions to Plasto Cargal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plasto Cargal 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 Plasto Cargal - 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 Plasto Cargal Group to buy it.
The correlation of Plasto Cargal 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 Plasto Cargal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plasto Cargal Group 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 Plasto Cargal 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 Plasto Cargal position
In addition to having Plasto Cargal 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 Broad Equity ETFs Thematic Idea Now
Broad Equity ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 471 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 Broad Equity ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Your Equity Center. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Plasto Stock analysis
When running Plasto Cargal's price analysis, check to measure Plasto Cargal'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 Plasto Cargal is operating at the current time. Most of Plasto Cargal's value examination focuses on studying past and present price action to predict the probability of Plasto Cargal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plasto Cargal's price. Additionally, you may evaluate how the addition of Plasto Cargal to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Transaction History View history of all your transactions and understand their impact on performance |
To fully project Plasto Cargal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Plasto Cargal Group 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 Plasto Cargal's income statement, its balance sheet, and the statement of cash flows.