Alarko Financial Statements From 2010 to 2024
| ALCAR Stock | TRY 1,410 11.00 0.79% |
Check Alarko Carrier financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alarko main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Alarko financial statements analysis is a perfect complement when working with Alarko Carrier Valuation or Volatility modules.
Alarko |
Alarko Carrier Sanayi Company Current Valuation Analysis
Alarko Carrier's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Alarko Carrier Current Valuation | 8.59 B |
Most of Alarko Carrier's fundamental indicators, such as Current Valuation, 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, Alarko Carrier Sanayi is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Alarko Carrier Sanayi has a Current Valuation of 8.59 B. This is 18.0% higher than that of the Machinery sector and 46.79% lower than that of the Industrials industry. The current valuation for all Turkey stocks is 48.31% higher than that of the company.
Alarko Carrier Sanayi Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alarko Carrier's current stock value. Our valuation model uses many indicators to compare Alarko Carrier value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alarko Carrier competition to find correlations between indicators driving Alarko Carrier's intrinsic value. More Info.Alarko Carrier Sanayi is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alarko Carrier Sanayi is roughly 3.19 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Alarko Carrier by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alarko Carrier'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 Alarko Carrier's earnings, one of the primary drivers of an investment's value.About Alarko Carrier Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Alarko Carrier income statement, its balance sheet, and the statement of cash flows. Alarko Carrier investors use historical funamental indicators, such as Alarko Carrier's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alarko Carrier investors may use each financial statement separately, they are all related. The changes in Alarko Carrier's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alarko Carrier's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alarko Carrier Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alarko Carrier. Please read more on our technical analysis and fundamental analysis pages.
Alarko Carrier Sanayi ve Ticaret A.S. manufactures and sells products and services in the areas of heating, cooling, air-conditioning, and water pressurization. Alarko Carrier Sanayi ve Ticaret A.S. was founded in 1954 and is headquartered in Istanbul, Turkey. ALARKO CARRIER operates under Diversified Industrials classification in Turkey and is traded on Istanbul Stock Exchange.
Pair Trading with Alarko Carrier
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 Alarko Carrier 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 Alarko Carrier will appreciate offsetting losses from the drop in the long position's value.Moving together with Alarko Stock
| 0.72 | EGEEN | Ege Endustri ve | PairCorr |
| 0.89 | BRYAT | Borusan Yatirim ve | PairCorr |
The ability to find closely correlated positions to Alarko Carrier could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alarko Carrier 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 Alarko Carrier - 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 Alarko Carrier Sanayi to buy it.
The correlation of Alarko Carrier 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 Alarko Carrier moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alarko Carrier 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 Alarko Carrier 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 the analysis of Alarko Carrier Correlation against competitors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Alarko Stock analysis
When running Alarko Carrier's price analysis, check to measure Alarko Carrier'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 Alarko Carrier is operating at the current time. Most of Alarko Carrier's value examination focuses on studying past and present price action to predict the probability of Alarko Carrier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alarko Carrier's price. Additionally, you may evaluate how the addition of Alarko Carrier to your portfolios can decrease your overall portfolio volatility.
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