Quest For Growth Stock Fundamentals
| QFG Stock | EUR 4.12 0.19 4.83% |
Quest For Growth fundamentals help investors to digest information that contributes to Quest For's financial success or failures. It also enables traders to predict the movement of Quest Stock. The fundamental analysis module provides a way to measure Quest For'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 Quest For stock.
Quest |
Quest For Growth Company Return On Equity Analysis
Quest For's 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.
Current Quest For Return On Equity | -0.15 |
Most of Quest For's fundamental indicators, such as Return On Equity, 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, Quest For Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Based on the latest financial disclosure, Quest For Growth has a Return On Equity of -0.1533. This is 110.57% lower than that of the Financial Services sector and 102.27% lower than that of the Asset Management industry. The return on equity for all Belgium stocks is 50.55% lower than that of the firm.
Quest For Growth Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Quest For's current stock value. Our valuation model uses many indicators to compare Quest For value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quest For competition to find correlations between indicators driving Quest For's intrinsic value. More Info.Quest For Growth is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . 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 Quest For's earnings, one of the primary drivers of an investment's value.Quest Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quest For's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quest For could also be used in its relative valuation, which is a method of valuing Quest For by comparing valuation metrics of similar companies.Quest For is rated fourth in return on equity category among its peers.
Quest Fundamentals
| Return On Equity | -0.15 | |||
| Return On Asset | -0.0943 | |||
| Operating Margin | 1.09 % | |||
| Current Valuation | (39.75 M) | |||
| Shares Outstanding | 18.2 M | |||
| Shares Owned By Insiders | 13.03 % | |||
| Price To Earning | 5.21 X | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 5.51 X | |||
| Revenue | 34.04 M | |||
| Gross Profit | (22.5 M) | |||
| EBITDA | 33.41 M | |||
| Net Income | 33.14 M | |||
| Cash And Equivalents | 129.96 M | |||
| Cash Per Share | 7.75 X | |||
| Book Value Per Share | 8.12 X | |||
| Cash Flow From Operations | 8.41 M | |||
| Earnings Per Share | 1.98 X | |||
| Target Price | 7.2 | |||
| Beta | 0.75 | |||
| Market Capitalization | 107.38 M | |||
| Total Asset | 179.74 M | |||
| Annual Yield | 0.17 % | |||
| Net Asset | 179.74 M |
About Quest For Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quest For Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quest For using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quest For Growth 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.Quest for Growth Belgium is a mutual fund launched and managed by Quest Management NV. The fund invests in companies in software and services, technology hardware, semiconductors, health care equipment and services, pharma and biotech, electrical and engineering, and materials sectors. QUESTFOR operates under Asset Management classification in Belgium and is traded on Brussels Stock Exchange.
Pair Trading with Quest For
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 Quest For 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 Quest For will appreciate offsetting losses from the drop in the long position's value.Moving together with Quest Stock
| 0.87 | GBLB | Groep Brussel Lambert | PairCorr |
| 0.69 | SOF | Sofina Socit Anonyme | PairCorr |
| 0.64 | BREB | Brederode SA | PairCorr |
Moving against Quest Stock
The ability to find closely correlated positions to Quest For could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quest For 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 Quest For - 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 Quest For Growth to buy it.
The correlation of Quest For 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 Quest For moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quest For Growth 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 Quest For 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 Quest Stock Analysis
When running Quest For's price analysis, check to measure Quest For'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 Quest For is operating at the current time. Most of Quest For's value examination focuses on studying past and present price action to predict the probability of Quest For's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest For's price. Additionally, you may evaluate how the addition of Quest For to your portfolios can decrease your overall portfolio volatility.