Anoto Group EBITDA vs. Current Valuation
| ANOT Stock | SEK 0.12 0.01 7.69% |
For Anoto Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Anoto Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Anoto Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Anoto Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Anoto Group AB over time as well as its relative position and ranking within its peers.
Anoto |
Anoto Group AB Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Anoto Group's current stock value. Our valuation model uses many indicators to compare Anoto Group value to that of its competitors to determine the firm's financial worth. Anoto Group AB is number one stock in ebitda category among its peers. It also is the top company in current valuation category among its peers . 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 Anoto Group's earnings, one of the primary drivers of an investment's value.Anoto Current Valuation vs. EBITDA
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.
Anoto Group |
| = | (18.2 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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Anoto Group |
| = | 165.64 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Anoto Current Valuation vs Competition
Anoto Group AB is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 3.34 Billion. Anoto Group holds roughly 165.64 Million in current valuation claiming about 5% of equities under Information Technology industry.
Anoto Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Anoto Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Anoto Group will eventually generate negative long term returns. The profitability progress is the general direction of Anoto Group's change in net profit over the period of time. It can combine multiple indicators of Anoto 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.
Anoto Group AB , together with its subsidiaries, provides digital writing and drawing solutions. It operates primarily in Sweden and rest of European Union countries, the United States, Japan, rest of Asian countries, and internationally. Anoto Group operates under Image Processing classification in Sweden and is traded on Stockholm Stock Exchange.
Anoto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Anoto 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 Anoto 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 Anoto Group's important profitability drivers and their relationship over time.
Use Anoto 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 Anoto 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 Anoto Group will appreciate offsetting losses from the drop in the long position's value.Anoto Group Pair Trading
Anoto Group AB Pair Trading Analysis
The ability to find closely correlated positions to Anoto 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 Anoto 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 Anoto 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 Anoto Group AB to buy it.
The correlation of Anoto 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 Anoto Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anoto Group AB 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 Anoto 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 Anoto Group position
In addition to having Anoto 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?
Run Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Trading Theme or any other thematic opportunities.
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Additional Tools for Anoto Stock Analysis
When running Anoto Group's price analysis, check to measure Anoto Group'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 Anoto Group is operating at the current time. Most of Anoto Group's value examination focuses on studying past and present price action to predict the probability of Anoto Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anoto Group's price. Additionally, you may evaluate how the addition of Anoto Group to your portfolios can decrease your overall portfolio volatility.