Demant As Stock Revenue
| DEMANT Stock | DKK 269.80 1.80 0.66% |
Demant AS fundamentals help investors to digest information that contributes to Demant AS's financial success or failures. It also enables traders to predict the movement of Demant Stock. The fundamental analysis module provides a way to measure Demant AS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Demant AS stock.
Demant |
Demant AS Company Revenue Analysis
Demant AS's 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.
Current Demant AS Revenue | 19.7 B |
Most of Demant AS's fundamental indicators, such as Revenue, 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.
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.
| Competition |
Based on the latest financial disclosure, Demant AS reported 19.7 B of revenue. This is 158.37% higher than that of the Healthcare sector and significantly higher than that of the Medical Instruments & Supplies industry. The revenue for all Denmark stocks is 108.85% lower than that of the firm.
Demant Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Demant AS's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Demant AS could also be used in its relative valuation, which is a method of valuing Demant AS by comparing valuation metrics of similar companies.Demant AS is currently under evaluation in revenue category among its peers.
Demant Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.071 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 56.48 B | |||
| Shares Outstanding | 223.18 M | |||
| Shares Owned By Insiders | 60.87 % | |||
| Shares Owned By Institutions | 18.48 % | |||
| Price To Earning | 26.66 X | |||
| Price To Book | 5.42 X | |||
| Price To Sales | 2.19 X | |||
| Revenue | 19.7 B | |||
| Gross Profit | 14.67 B | |||
| EBITDA | 4.3 B | |||
| Net Income | 2.08 B | |||
| Cash And Equivalents | 630 M | |||
| Cash Per Share | 2.57 X | |||
| Total Debt | 6.1 B | |||
| Debt To Equity | 100.90 % | |||
| Current Ratio | 0.80 X | |||
| Book Value Per Share | 38.36 X | |||
| Cash Flow From Operations | 2.62 B | |||
| Earnings Per Share | 9.78 X | |||
| Price To Earnings To Growth | 1.73 X | |||
| Target Price | 219.0 | |||
| Number Of Employees | 20.57 K | |||
| Beta | 0.93 | |||
| Market Capitalization | 49.2 B | |||
| Total Asset | 29.86 B | |||
| Z Score | 4.8 | |||
| Net Asset | 29.86 B |
About Demant AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Demant AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Demant AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Demant AS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.66 | DSV | DSV Panalpina AS | PairCorr |
| 0.54 | ISS | ISS AS | PairCorr |
| 0.48 | MAERSK-B | AP Mller | PairCorr |
| 0.46 | 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.