PLAYTIKA HOLDING Return On Asset vs. Revenue
| 8II Stock | EUR 7.80 0.05 0.65% |
For PLAYTIKA HOLDING profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PLAYTIKA HOLDING to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PLAYTIKA HOLDING DL 01 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PLAYTIKA HOLDING's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PLAYTIKA HOLDING DL 01 over time as well as its relative position and ranking within its peers.
PLAYTIKA |
PLAYTIKA HOLDING Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PLAYTIKA HOLDING's current stock value. Our valuation model uses many indicators to compare PLAYTIKA HOLDING value to that of its competitors to determine the firm's financial worth. PLAYTIKA HOLDING DL 01 is number one stock in return on asset category among its peers. It also is the top company in revenue category among its peers totaling about 27,573,821,654 of Revenue 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 PLAYTIKA HOLDING's earnings, one of the primary drivers of an investment's value.PLAYTIKA Revenue 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.
PLAYTIKA HOLDING |
| = | 0.0955 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
PLAYTIKA HOLDING |
| = | 2.63 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
PLAYTIKA Revenue vs Competition
PLAYTIKA HOLDING DL 01 is the top company in revenue category among its peers. Market size based on revenue of Electronic Gaming & Multimedia industry is presently estimated at about 40.7 Billion. PLAYTIKA HOLDING holds roughly 2.63 Billion in revenue claiming about 6% of equities under Electronic Gaming & Multimedia industry.
PLAYTIKA HOLDING Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PLAYTIKA HOLDING, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PLAYTIKA HOLDING will eventually generate negative long term returns. The profitability progress is the general direction of PLAYTIKA HOLDING's change in net profit over the period of time. It can combine multiple indicators of PLAYTIKA HOLDING, 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.
Playtika Holding Corp. develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company was founded in 2010 and is headquartered in Herzliya Pituarch, Israel. PLAYTIKA HOLDING is traded on Frankfurt Stock Exchange in Germany.
PLAYTIKA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PLAYTIKA HOLDING. 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 PLAYTIKA HOLDING 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 PLAYTIKA HOLDING's important profitability drivers and their relationship over time.
Use PLAYTIKA HOLDING 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 PLAYTIKA HOLDING 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 PLAYTIKA HOLDING will appreciate offsetting losses from the drop in the long position's value.PLAYTIKA HOLDING Pair Trading
PLAYTIKA HOLDING DL 01 Pair Trading Analysis
The ability to find closely correlated positions to PLAYTIKA HOLDING could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PLAYTIKA HOLDING 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 PLAYTIKA HOLDING - 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 PLAYTIKA HOLDING DL 01 to buy it.
The correlation of PLAYTIKA HOLDING 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 PLAYTIKA HOLDING moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PLAYTIKA HOLDING 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 PLAYTIKA HOLDING 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 PLAYTIKA HOLDING position
In addition to having PLAYTIKA HOLDING 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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Other Information on Investing in PLAYTIKA Stock
To fully project PLAYTIKA HOLDING's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PLAYTIKA HOLDING at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include PLAYTIKA HOLDING's income statement, its balance sheet, and the statement of cash flows.