Q4 2023 Kid ASA Earnings Call Transcript - GuruFocus.com
| KID Stock | NOK 122.60 0.40 0.33% |
About 61% of Kid ASA's investor base is looking to short. The analysis of current outlook of investing in Kid ASA suggests that many traders are alarmed regarding Kid ASA's prospects. Kid ASA's investing sentiment shows overall attitude of investors towards Kid ASA.
Kid ASA stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Kid daily returns and investor perception about the current price of Kid ASA as well as its diversification or hedging effects on your existing portfolios.
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Q4 2023 Kid ASA Earnings Call Transcript GuruFocus.com
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Kid ASA Fundamental Analysis
We analyze Kid ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kid ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kid ASA 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.
Earnings Per Share
Earnings Per Share Comparative Analysis
Kid ASA is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Kid ASA 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 Kid ASA stock to make a market-neutral strategy. Peer analysis of Kid ASA could also be used in its relative valuation, which is a method of valuing Kid ASA by comparing valuation metrics with similar companies.
Peers
Kid ASA Related Equities
| KIT | Kitron ASA | 1.78 | ||||
| EPR | Europris ASA | 0.69 | ||||
| STB | Storebrand ASA | 1.53 | ||||
| ORK | Orkla ASA | 1.57 | ||||
| SBO | Selvaag Bolig | 2.28 |
Other Information on Investing in Kid Stock
Kid ASA financial ratios help investors to determine whether Kid 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 Kid with respect to the benefits of owning Kid ASA security.