Demant Financial Statements From 2010 to 2024
| DEMANT Stock | DKK 266.20 8.20 3.18% |
Check Demant AS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Demant AS's main balance sheet or income statement drivers, such as , as well as many indicators such as . Demant financial statements analysis is a perfect complement when working with Demant AS Valuation or Volatility modules.
Demant |
Demant AS Company Operating Margin Analysis
Demant AS's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Demant AS Operating Margin | 0.16 % |
Most of Demant AS's fundamental indicators, such as Operating Margin, 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, Demant AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Demant AS has an Operating Margin of 0.1578%. This is 100.45% lower than that of the Healthcare sector and 103.36% lower than that of the Medical Instruments & Supplies industry. The operating margin for all Denmark stocks is 102.86% lower than that of the firm.
Demant AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Demant AS's current stock value. Our valuation model uses many indicators to compare Demant AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Demant AS competition to find correlations between indicators driving Demant AS's intrinsic value. More Info.Demant AS is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Demant AS is roughly 3.88 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Demant AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Demant AS'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.About Demant AS Financial Statements
Demant AS stakeholders use historical fundamental indicators, such as Demant AS's revenue or net income, to determine how well the company is positioned to perform in the future. Although Demant AS investors may analyze each financial statement separately, they are all interrelated. For example, changes in Demant AS's assets and liabilities are reflected in the revenues and expenses on Demant AS's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Demant AS. Please read more on our technical analysis and fundamental analysis pages.
Demant AS, a hearing healthcare company, develops, manufactures, and sells products and equipment to enhance peoples hearing in Europe, North America, the Pacific, Asia, and internationally. Demant AS was founded in 1904 and is headquartered in Smrum, Denmark. Demant AS operates under Medical Instruments Supplies classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 14614 people.
Pair Trading with Demant AS
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 Demant AS 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 Demant AS will appreciate offsetting losses from the drop in the long position's value.Moving together with Demant Stock
Moving against Demant Stock
| 0.7 | DSV | DSV Panalpina AS | PairCorr |
| 0.53 | ISS | ISS AS | PairCorr |
| 0.53 | MAERSK-B | AP Mller | PairCorr |
| 0.5 | MAERSK-A | AP Mller | PairCorr |
The ability to find closely correlated positions to Demant AS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Demant AS 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 Demant AS - 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 Demant AS to buy it.
The correlation of Demant AS 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 Demant AS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Demant AS 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 Demant AS 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.Other Information on Investing in Demant Stock
Demant AS financial ratios help investors to determine whether Demant Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Demant with respect to the benefits of owning Demant AS security.