Eiffage SA Return On Asset vs. Beta
| 0NPT Stock | 85.26 0.88 1.04% |
For Eiffage SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eiffage SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eiffage SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eiffage SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eiffage SA over time as well as its relative position and ranking within its peers.
Eiffage |
Eiffage SA Beta vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eiffage SA's current stock value. Our valuation model uses many indicators to compare Eiffage SA value to that of its competitors to determine the firm's financial worth. Eiffage SA is number one stock in return on asset category among its peers. It also is number one stock in beta category among its peers totaling about 30.25 of Beta per Return On Asset. 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 Eiffage SA's earnings, one of the primary drivers of an investment's value.Eiffage Beta vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Eiffage SA |
| = | 0.04 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Eiffage SA |
| = | 1.21 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Eiffage Beta Comparison
Eiffage SA is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eiffage SA will likely underperform.
Eiffage SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eiffage SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eiffage SA will eventually generate negative long term returns. The profitability progress is the general direction of Eiffage SA's change in net profit over the period of time. It can combine multiple indicators of Eiffage SA, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Interest Income | 215.1 M | 294.2 M | |
| Operating Income | 1.1 B | 1.3 B | |
| Income Before Tax | 1.1 B | 1.4 B | |
| Net Income Applicable To Common Shares | 1 B | 695.4 M | |
| Net Income | 806.4 M | 572.7 M | |
| Income Tax Expense | 441.9 M | 365.9 M | |
| Change To Netincome | 645.1 M | 436.9 M |
Eiffage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eiffage SA. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eiffage SA position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eiffage SA's important profitability drivers and their relationship over time.
Use Eiffage SA in pair-trading
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 Eiffage SA 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 Eiffage SA will appreciate offsetting losses from the drop in the long position's value.Eiffage SA Pair Trading
Eiffage SA Pair Trading Analysis
The ability to find closely correlated positions to Eiffage SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eiffage SA 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 Eiffage SA - 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 Eiffage SA to buy it.
The correlation of Eiffage SA 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 Eiffage SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eiffage SA 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 Eiffage SA 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.Use Investing Themes to Complement your Eiffage SA position
In addition to having Eiffage SA in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Eiffage Stock Analysis
When running Eiffage SA's price analysis, check to measure Eiffage 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 Eiffage SA is operating at the current time. Most of Eiffage SA's value examination focuses on studying past and present price action to predict the probability of Eiffage 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 Eiffage SA's price. Additionally, you may evaluate how the addition of Eiffage SA to your portfolios can decrease your overall portfolio volatility.