Eternit Full Year 2023 Earnings EPS R2.06 - Simply Wall St

ETER3 Stock  BRL 6.17  0.41  7.12%   
Slightly above 55% of Eternit SA's private investors are presently thinking to get in. The analysis of current outlook of investing in Eternit SA suggests that some traders are interested regarding Eternit SA's prospects. Eternit SA's investing sentiment can be driven by a variety of factors including economic data, Eternit SA's earnings reports, geopolitical events, and overall market trends.
Eternit SA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Eternit daily returns and investor perception about the current price of Eternit SA as well as its diversification or hedging effects on your existing portfolios.
  
Eternit Full Year 2023 Earnings EPS R2.06 Simply Wall St

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Eternit SA Fundamental Analysis

We analyze Eternit SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eternit SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eternit SA 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.

Cash Per Share

Cash Per Share Comparative Analysis

Eternit SA is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Eternit SA Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Eternit SA stock to make a market-neutral strategy. Peer analysis of Eternit SA could also be used in its relative valuation, which is a method of valuing Eternit SA by comparing valuation metrics with similar companies.

Additional Tools for Eternit Stock Analysis

When running Eternit SA's price analysis, check to measure Eternit SA'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 Eternit SA is operating at the current time. Most of Eternit SA's value examination focuses on studying past and present price action to predict the probability of Eternit SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eternit SA's price. Additionally, you may evaluate how the addition of Eternit SA to your portfolios can decrease your overall portfolio volatility.