Stevanato Historical Income Statement
| STVN Stock | USD 19.92 0.27 1.37% |
Historical analysis of Stevanato Group income statement accounts such as Selling General Administrative of 76.2 M, Selling And Marketing Expenses of 25.9 M, Total Revenue of 904.5 M or Gross Profit of 277 M can show how well Stevanato Group SpA performed in making a profits. Evaluating Stevanato Group income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Stevanato Group's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Stevanato Group SpA latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Stevanato Group SpA is a good buy for the upcoming year.
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About Stevanato Income Statement Analysis
Stevanato Group SpA Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Stevanato Group shareholders. The income statement also shows Stevanato investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Stevanato Group Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Stevanato Group SpA generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most accounts from Stevanato Group's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Stevanato Group SpA current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. As of the 26th of November 2024, Selling And Marketing Expenses is likely to grow to about 25.9 M, while Tax Provision is likely to drop about 34.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 57.7M | 63.6M | 78.5M | 65.2M | Interest Income | 566K | 25M | 812K | 771.4K |
Stevanato Group income statement Correlations
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Stevanato Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Stevanato Group
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 Stevanato Group 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 Stevanato Group will appreciate offsetting losses from the drop in the long position's value.Moving against Stevanato Stock
The ability to find closely correlated positions to Stevanato Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stevanato Group 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 Stevanato Group - 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 Stevanato Group SpA to buy it.
The correlation of Stevanato Group 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 Stevanato Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stevanato Group SpA 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 Stevanato Group 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.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stevanato Group SpA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Equipment & Supplies 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 Stevanato Group. If investors know Stevanato 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 Stevanato Group 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 (0.21) | Dividend Share 0.053 | Earnings Share 0.45 | Revenue Per Share 4.063 | Quarterly Revenue Growth 0.024 |
The market value of Stevanato Group SpA is measured differently than its book value, which is the value of Stevanato that is recorded on the company's balance sheet. Investors also form their own opinion of Stevanato Group's value that differs from its market value or its book value, called intrinsic value, which is Stevanato Group'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 Stevanato Group's market value can be influenced by many factors that don't directly affect Stevanato Group'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 Stevanato Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stevanato Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stevanato Group'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.