Ermenegildo Roic vs Net Income Per Share Analysis

ZGN Stock

USD 8.09 0.21 2.66%

Ermenegildo Zegna financial indicator trend analysis is much more than just examining Ermenegildo Zegna latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ermenegildo Zegna is a good investment. Please check the relationship between Ermenegildo Zegna Roic and its Net Income Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ermenegildo Zegna Roic account and Net Income Per Share. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ermenegildo Zegna's Roic and Net Income Per Share is 0.47. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Ermenegildo Zegna NV, assuming nothing else is changed. The correlation between historical values of Ermenegildo Zegna's Roic and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Ermenegildo Zegna NV are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roic i.e., Ermenegildo Zegna's Roic and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Net Income Per Share

Most indicators from Ermenegildo Zegna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ermenegildo Zegna current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

At this time, Ermenegildo Zegna's Tax Provision is very stable compared to the past year. As of the 29th of November 2024, Enterprise Value Over EBITDA is likely to grow to 16.04, while Selling General Administrative is likely to drop about 598.4 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	160.3M	168.8M	193.2M	190.8M
Interest Income	3.0M	1.7M	2.9M	3.3M

Depreciation And Amortization Interest Income

Ermenegildo Zegna fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets
Total Assets		0.85	-0.23	-0.24	0.14	0.62	0.7	0.9	0.07	0.82	0.7	0.46	-0.64	0.94	-0.29	0.26	0.66	0.5	-0.04	-0.56	0.43	0.74	0.71	0.58	-0.34	-0.46
Short Long Term Debt Total	0.85		-0.65	-0.63	-0.19	0.83	0.93	0.88	0.16	0.96	0.86	0.24	-0.62	0.76	-0.43	0.39	0.92	0.81	-0.44	-0.85	0.26	0.93	0.96	0.46	-0.73	-0.78
Other Current Liab	-0.23	-0.65		0.94	0.7	-0.82	-0.72	-0.39	-0.44	-0.62	-0.71	0.41	0.36	-0.13	0.58	-0.62	-0.84	-0.75	0.9	0.92	0.38	-0.74	-0.8	0.21	0.92	0.73
Total Current Liabilities	-0.24	-0.63	0.94		0.72	-0.86	-0.71	-0.4	-0.42	-0.57	-0.72	0.53	0.27	-0.15	0.52	-0.68	-0.87	-0.73	0.84	0.9	0.37	-0.69	-0.82	0.22	0.95	0.81
Total Stockholder Equity	0.14	-0.19	0.7	0.72		-0.46	-0.17	0.21	-0.81	-0.03	-0.11	0.81	-0.26	0.37	0.8	-0.78	-0.54	-0.63	0.92	0.64	0.56	-0.4	-0.35	0.76	0.7	0.58
Other Liab	0.62	0.83	-0.82	-0.86	-0.46		0.89	0.73	0.43	0.82	0.9	-0.18	-0.65	0.57	-0.53	0.73	0.92	0.7	-0.63	-0.91	-0.03	0.87	0.91	0.07	-0.88	-0.81
Net Tangible Assets	0.7	0.93	-0.72	-0.71	-0.17	0.89		0.87	0.12	0.97	0.92	0.21	-0.77	0.69	-0.33	0.42	0.87	0.72	-0.44	-0.81	0.29	0.91	0.95	0.45	-0.8	-0.8
Property Plant And Equipment Net	0.9	0.88	-0.39	-0.4	0.21	0.73	0.87		-0.15	0.94	0.9	0.46	-0.81	0.95	-0.06	0.16	0.7	0.45	-0.05	-0.6	0.39	0.73	0.81	0.7	-0.45	-0.5
Current Deferred Revenue	0.07	0.16	-0.44	-0.42	-0.81	0.43	0.12	-0.15		0.05	0.02	-0.53	0.03	-0.18	-0.93	0.9	0.4	0.52	-0.69	-0.49	-0.21	0.45	0.21	-0.68	-0.51	-0.48
Net Debt	0.82	0.96	-0.62	-0.57	-0.03	0.82	0.97	0.94	0.05		0.91	0.36	-0.81	0.8	-0.29	0.31	0.83	0.68	-0.33	-0.77	0.36	0.9	0.92	0.57	-0.68	-0.7
Retained Earnings	0.7	0.86	-0.71	-0.72	-0.11	0.9	0.92	0.9	0.02	0.91		0.09	-0.77	0.75	-0.18	0.37	0.83	0.53	-0.38	-0.8	0.04	0.77	0.91	0.4	-0.7	-0.61
Accounts Payable	0.46	0.24	0.41	0.53	0.81	-0.18	0.21	0.46	-0.53	0.36	0.09		-0.49	0.56	0.37	-0.55	-0.17	-0.12	0.61	0.26	0.81	0.11	0.01	0.88	0.36	0.17
Cash	-0.64	-0.62	0.36	0.27	-0.26	-0.65	-0.77	-0.81	0.03	-0.81	-0.77	-0.49		-0.75	0.05	-0.21	-0.45	-0.22	0.02	0.43	-0.43	-0.61	-0.58	-0.56	0.35	0.32
Non Current Assets Total	0.94	0.76	-0.13	-0.15	0.37	0.57	0.69	0.95	-0.18	0.8	0.75	0.56	-0.75		0.0	0.08	0.53	0.26	0.16	-0.41	0.46	0.59	0.63	0.73	-0.21	-0.3
Non Currrent Assets Other	-0.29	-0.43	0.58	0.52	0.8	-0.53	-0.33	-0.06	-0.93	-0.29	-0.18	0.37	0.05	0.0		-0.84	-0.61	-0.75	0.78	0.68	0.13	-0.67	-0.44	0.49	0.64	0.63
Other Assets	0.26	0.39	-0.62	-0.68	-0.78	0.73	0.42	0.16	0.9	0.31	0.37	-0.55	-0.21	0.08	-0.84		0.64	0.59	-0.71	-0.68	-0.19	0.61	0.49	-0.51	-0.72	-0.67
Long Term Debt	0.66	0.92	-0.84	-0.87	-0.54	0.92	0.87	0.7	0.4	0.83	0.83	-0.17	-0.45	0.53	-0.61	0.64		0.88	-0.71	-0.97	-0.05	0.92	0.97	0.1	-0.91	-0.88
Cash And Short Term Investments	0.5	0.81	-0.75	-0.73	-0.63	0.7	0.72	0.45	0.52	0.68	0.53	-0.12	-0.22	0.26	-0.75	0.59	0.88		-0.76	-0.86	0.09	0.89	0.83	0.0	-0.87	-0.92
Net Receivables	-0.04	-0.44	0.9	0.84	0.92	-0.63	-0.44	-0.05	-0.69	-0.33	-0.38	0.61	0.02	0.16	0.78	-0.71	-0.71	-0.76		0.83	0.5	-0.62	-0.58	0.53	0.84	0.68
Good Will	-0.56	-0.85	0.92	0.9	0.64	-0.91	-0.81	-0.6	-0.49	-0.77	-0.8	0.26	0.43	-0.41	0.68	-0.68	-0.97	-0.86	0.83		0.21	-0.89	-0.92	0.05	0.92	0.82
Common Stock Shares Outstanding	0.43	0.26	0.38	0.37	0.56	-0.03	0.29	0.39	-0.21	0.36	0.04	0.81	-0.43	0.46	0.13	-0.19	-0.05	0.09	0.5	0.21		0.24	0.09	0.72	0.12	-0.17
Short Term Investments	0.74	0.93	-0.74	-0.69	-0.4	0.87	0.91	0.73	0.45	0.9	0.77	0.11	-0.61	0.59	-0.67	0.61	0.92	0.89	-0.62	-0.89	0.24		0.92	0.22	-0.84	-0.87
Non Current Liabilities Total	0.71	0.96	-0.8	-0.82	-0.35	0.91	0.95	0.81	0.21	0.92	0.91	0.01	-0.58	0.63	-0.44	0.49	0.97	0.83	-0.58	-0.92	0.09	0.92		0.31	-0.87	-0.86
Capital Lease Obligations	0.58	0.46	0.21	0.22	0.76	0.07	0.45	0.7	-0.68	0.57	0.4	0.88	-0.56	0.73	0.49	-0.51	0.1	0.0	0.53	0.05	0.72	0.22	0.31		0.12	-0.05
Inventory	-0.34	-0.73	0.92	0.95	0.7	-0.88	-0.8	-0.45	-0.51	-0.68	-0.7	0.36	0.35	-0.21	0.64	-0.72	-0.91	-0.87	0.84	0.92	0.12	-0.84	-0.87	0.12		0.94
Other Current Assets	-0.46	-0.78	0.73	0.81	0.58	-0.81	-0.8	-0.5	-0.48	-0.7	-0.61	0.17	0.32	-0.3	0.63	-0.67	-0.88	-0.92	0.68	0.82	-0.17	-0.87	-0.86	-0.05	0.94

Click cells to compare fundamentals

Ermenegildo Zegna Account Relationship Matchups

Ermenegildo Zegna fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.4B	2.5B	2.4B	2.8B	2.1B
Short Long Term Debt Total	1.1B	1.1B	1.1B	914.6M	996.3M	866.5M
Other Current Liab	171.6M	93.3M	189.1M	205.1M	296.2M	200.8M
Total Current Liabilities	607.4M	535.5M	702.3M	867.0M	1.0B	801.7M
Total Stockholder Equity	688.8M	601.8M	601.2M	678.9M	840.3M	752.1M
Property Plant And Equipment Net	735.0M	595.8M	481.9M	501.6M	694.1M	504.0M
Current Deferred Revenue	36.8M	39.7M	48.8M	57.8M	834.5K	792.7K
Net Debt	922.1M	759.4M	607.2M	660.2M	700.1M	632.2M
Retained Earnings	944.5M	893.2M	498.6M	528.3M	641.0M	592.3M
Accounts Payable	190.4M	150.3M	177.8M	220.8M	261.1M	225.4M
Cash	210.6M	317.3M	459.8M	254.3M	296.3M	322.1M
Non Current Assets Total	1.4B	1.2B	1.1B	1.1B	1.5B	1.0B
Non Currrent Assets Other	96.3M	51.0M	3.7M	5.5M	189.1M	198.6M
Other Assets	187.9M	150.2M	143.6M	155.4M	(1.2M)	(1.2M)
Long Term Debt	518.6M	563.0M	471.6M	184.9M	113.3M	107.6M
Cash And Short Term Investments	595.1M	630.9M	800.2M	573.0M	387.0M	499.9M
Net Receivables	187.8M	138.8M	160.4M	177.2M	240.5M	196.7M
Good Will	226.1M	208.9M	227.2M	239.7M	256.3M	251.5M
Short Term Investments	384.4M	313.7M	340.4M	318.7M	90.8M	86.2M
Liabilities And Stockholders Equity	2.6B	2.4B	2.5B	2.4B	2.8B	2.1B
Non Current Liabilities Total	1.3B	1.2B	1.1B	827.4M	854.0M	899.9M
Capital Lease Obligations	508.2M	407.7M	438.1M	443.5M	593.7M	538.9M
Inventory	314.6M	321.5M	338.5M	410.9M	522.6M	407.4M
Other Current Assets	92.2M	111.4M	91.7M	117.3M	137.6M	118.0M
Other Stockholder Equity	(260.9M)	(220.0M)	102.6M	270.0M	323.8M	340.0M
Total Liab	1.9B	1.8B	1.8B	1.7B	1.9B	1.5B
Net Invested Capital	1.3B	1.3B	1.2B	1.2B	1.2B	1.0B
Long Term Investments	81.9M	69.4M	54.1M	53.4M	51.5M	57.5M
Total Current Assets	1.2B	1.2B	1.4B	1.3B	1.3B	1.0B
Accumulated Other Comprehensive Income	(260.0M)	(295.8M)	96.7M	144.7M	(133.7M)	(140.4M)
Non Current Liabilities Other	3.6M	3.8M	8.0M	27K	9.8M	9.3M
Net Working Capital	639.2M	703.7M	682.2M	418.7M	275.5M	459.4M
Short Term Debt	208.5M	198.9M	278.1M	400.0M	412.0M	320.0M
Intangible Assets	193.9M	179.0M	198.0M	216.2M	316.0M	237.1M
Property Plant Equipment	735.0M	595.8M	481.9M	501.6M	451.5M	493.8M

Pair Trading with Ermenegildo Zegna

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 Ermenegildo Zegna 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 Ermenegildo Zegna will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ermenegildo Stock

0.91

DOOO

BRP Inc

Pair Corr

Moving against Ermenegildo Stock

0.85	RL	Ralph Lauren Corp	Pair Corr
0.81	DOGZ	Dogness International	Pair Corr
0.8	VSTO	Vista Outdoor	Pair Corr
0.78	REE	Ree Automotive Holding	Pair Corr
0.77	KTB	Kontoor Brands	Pair Corr

The ability to find closely correlated positions to Ermenegildo Zegna could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ermenegildo Zegna 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 Ermenegildo Zegna - 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 Ermenegildo Zegna NV to buy it.

The correlation of Ermenegildo Zegna 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 Ermenegildo Zegna moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ermenegildo Zegna 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 Ermenegildo Zegna 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.

Pair Correlation Correlation Matching

When determining whether Ermenegildo Zegna offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ermenegildo Zegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ermenegildo Zegna Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ermenegildo Zegna Nv Stock:

How To Invest In Ermenegildo

Details

Is Ermenegildo Stock a good investment?

Details

What is Ermenegildo Zegna's Net Worth?

Details

Largest Apparel, Accessories & Luxury Goods Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Ermenegildo Zegna NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ermenegildo Zegna. If investors know Ermenegildo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ermenegildo Zegna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.47)

Dividend Share

0.12

Earnings Share

0.42

Revenue Per Share

7.839

Quarterly Revenue Growth

0.063

The market value of Ermenegildo Zegna is measured differently than its book value, which is the value of Ermenegildo that is recorded on the company's balance sheet. Investors also form their own opinion of Ermenegildo Zegna's value that differs from its market value or its book value, called intrinsic value, which is Ermenegildo Zegna's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ermenegildo Zegna's market value can be influenced by many factors that don't directly affect Ermenegildo Zegna's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Ermenegildo Zegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ermenegildo Zegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ermenegildo Zegna's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Ermenegildo Roic vs Net Income Per Share Analysis

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Roic

Net Income Per Share

Ermenegildo Zegna fundamental ratios Correlations

Ermenegildo Zegna Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ermenegildo Zegna fundamental ratios Accounts

Pair Trading with Ermenegildo Zegna

Moving together with Ermenegildo Stock

Moving against Ermenegildo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.97	Net Tangible Assets
Non Current Liabilities Total	+ 0.97	Long Term Debt
Net Debt	+ 0.96	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total
Inventory	+ 0.95	Total Current Liabilities
Non Current Liabilities Total	+ 0.95	Net Tangible Assets

Good Will	- 0.97	Long Term Debt
Non Currrent Assets Other	- 0.93	Current Deferred Revenue
Non Current Liabilities Total	- 0.92	Good Will
Other Current Assets	- 0.92	Cash And Short Term Investments
Inventory	- 0.91	Long Term Debt
Good Will	- 0.91	Other Liab