ABG Sundal Price To Book vs. Operating Margin
| ABG Stock | NOK 7.08 0.05 0.71% |
For ABG Sundal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ABG Sundal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ABG Sundal Collier utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ABG Sundal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ABG Sundal Collier over time as well as its relative position and ranking within its peers.
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ABG Sundal Collier Operating Margin vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ABG Sundal's current stock value. Our valuation model uses many indicators to compare ABG Sundal value to that of its competitors to determine the firm's financial worth. ABG Sundal Collier is number one stock in price to book category among its peers. It also is number one stock in operating margin category among its peers reporting about 0.08 of Operating Margin per Price To Book. The ratio of Price To Book to Operating Margin for ABG Sundal Collier is roughly 12.89 . 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 ABG Sundal's earnings, one of the primary drivers of an investment's value.ABG Operating Margin vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
ABG Sundal |
| = | 2.93 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
ABG Sundal |
| = | 0.23 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
ABG Operating Margin Comparison
ABG Sundal is currently under evaluation in operating margin category among its peers.
ABG Sundal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ABG Sundal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ABG Sundal will eventually generate negative long term returns. The profitability progress is the general direction of ABG Sundal's change in net profit over the period of time. It can combine multiple indicators of ABG Sundal, 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.
ABG Sundal Collier Holding ASA, together with its subsidiaries, provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally. The company was founded in 1984 and is headquartered in Oslo, Norway. ABG SUN operates under Capital Markets classification in Norway and is traded on Oslo Stock Exchange. It employs 307 people.
ABG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ABG Sundal. 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 ABG Sundal 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 ABG Sundal's important profitability drivers and their relationship over time.
Use ABG Sundal 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 ABG Sundal 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 ABG Sundal will appreciate offsetting losses from the drop in the long position's value.ABG Sundal Pair Trading
ABG Sundal Collier Pair Trading Analysis
The ability to find closely correlated positions to ABG Sundal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ABG Sundal 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 ABG Sundal - 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 ABG Sundal Collier to buy it.
The correlation of ABG Sundal 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 ABG Sundal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABG Sundal Collier 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 ABG Sundal 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 ABG Sundal position
In addition to having ABG Sundal 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 ABG Stock
To fully project ABG Sundal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ABG Sundal Collier 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 ABG Sundal's income statement, its balance sheet, and the statement of cash flows.