Erste Financial Statements From 2010 to 2024
| ERBAG Stock | CZK 1,308 6.00 0.46% |
Check Erste Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erste Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Erste financial statements analysis is a perfect complement when working with Erste Group Valuation or Volatility modules.
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Erste Group Bank Company Operating Margin Analysis
Erste Group'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 Erste Group Operating Margin | 0.40 % |
Most of Erste Group'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, Erste Group Bank 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.
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Based on the recorded statements, Erste Group Bank has an Operating Margin of 0.3979%. This is 97.84% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The operating margin for all Czech Republic stocks is 107.22% lower than that of the firm.
Erste Group Bank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Erste Group's current stock value. Our valuation model uses many indicators to compare Erste Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erste Group competition to find correlations between indicators driving Erste Group's intrinsic value. More Info.Erste Group Bank 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 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Erste Group Bank is roughly 13.24 . 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 Erste Group's earnings, one of the primary drivers of an investment's value.About Erste Group Financial Statements
Erste Group shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Erste Group investors may analyze each financial statement separately, they are all interrelated. The changes in Erste Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Erste Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, real estate, and public sector customers in Austria, Central and Eastern Europe, and internationally. The company was founded in 1819 and is headquartered in Vienna, Austria. ERSTE GROUP operates under BanksRegional classification in Exotistan and is traded on Commodity Exchange. It employs 45411 people.
Pair Trading with Erste Group
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 Erste Group 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 Erste Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Erste Stock
Moving against Erste Stock
The ability to find closely correlated positions to Erste Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erste Group 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 Erste Group - 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 Erste Group Bank to buy it.
The correlation of Erste Group 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 Erste Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erste Group Bank 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 Erste Group 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.Additional Tools for Erste Stock Analysis
When running Erste Group's price analysis, check to measure Erste Group'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 Erste Group is operating at the current time. Most of Erste Group's value examination focuses on studying past and present price action to predict the probability of Erste Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erste Group's price. Additionally, you may evaluate how the addition of Erste Group to your portfolios can decrease your overall portfolio volatility.