Aspocomp Group Shares Outstanding vs. EBITDA
| ACG1V Stock | EUR 2.97 0.06 2.06% |
For Aspocomp Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aspocomp Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aspocomp Group Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aspocomp Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aspocomp Group Oyj over time as well as its relative position and ranking within its peers.
Aspocomp |
Aspocomp Group Oyj EBITDA vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aspocomp Group's current stock value. Our valuation model uses many indicators to compare Aspocomp Group value to that of its competitors to determine the firm's financial worth. Aspocomp Group Oyj is rated second in shares outstanding category among its peers. It also is rated second in ebitda category among its peers totaling about 0.59 of EBITDA per Shares Outstanding. The ratio of Shares Outstanding to EBITDA for Aspocomp Group Oyj is roughly 1.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aspocomp Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aspocomp Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Aspocomp EBITDA vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Aspocomp Group |
| = | 6.84 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Aspocomp Group |
| = | 4.05 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Aspocomp EBITDA Comparison
Aspocomp Group is currently under evaluation in ebitda category among its peers.
Aspocomp Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aspocomp Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aspocomp Group will eventually generate negative long term returns. The profitability progress is the general direction of Aspocomp Group's change in net profit over the period of time. It can combine multiple indicators of Aspocomp Group, 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.
Aspocomp Group Oyj manufactures and sells printed circuit boards in Finland, rest of Europe, Asia, and internationally. The company was founded in 1999 and is headquartered in Espoo, Finland. Aspocomp Group operates under Electronic Components classification in Finland and is traded on Helsinki Exchange. It employs 118 people.
Aspocomp Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aspocomp Group. 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 Aspocomp Group 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 Aspocomp Group's important profitability drivers and their relationship over time.
Use Aspocomp Group 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 Aspocomp 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 Aspocomp Group will appreciate offsetting losses from the drop in the long position's value.Aspocomp Group Pair Trading
Aspocomp Group Oyj Pair Trading Analysis
The ability to find closely correlated positions to Aspocomp 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 Aspocomp 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 Aspocomp 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 Aspocomp Group Oyj to buy it.
The correlation of Aspocomp 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 Aspocomp Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspocomp Group Oyj 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 Aspocomp 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.Use Investing Themes to Complement your Aspocomp Group position
In addition to having Aspocomp Group 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 Aspocomp Stock
To fully project Aspocomp Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Aspocomp Group Oyj 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 Aspocomp Group's income statement, its balance sheet, and the statement of cash flows.