Bewi Asa Price To Sales vs. Price To Book
| BEWI Stock | NOK 24.15 0.75 3.21% |
For Bewi Asa profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bewi Asa to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bewi Asa utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bewi Asa's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bewi Asa over time as well as its relative position and ranking within its peers.
Bewi |
Bewi Asa Price To Book vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bewi Asa's current stock value. Our valuation model uses many indicators to compare Bewi Asa value to that of its competitors to determine the firm's financial worth. Bewi Asa is number one stock in price to sales category among its peers. It also is number one stock in price to book category among its peers fabricating about 0.30 of Price To Book per Price To Sales. The ratio of Price To Sales to Price To Book for Bewi Asa is roughly 3.36 . 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 Bewi Asa's earnings, one of the primary drivers of an investment's value.Bewi Price To Book vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Bewi Asa |
| = | 8.97 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Bewi Asa |
| = | 2.67 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.
Bewi Price To Book Comparison
Bewi Asa is currently under evaluation in price to book category among its peers.
Bewi Asa Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bewi Asa, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bewi Asa will eventually generate negative long term returns. The profitability progress is the general direction of Bewi Asa's change in net profit over the period of time. It can combine multiple indicators of Bewi Asa, 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.
BEWi ASA produces, markets, and sells various custom-designed packaging solutions and insulation materials based on expandable polystyrene . The company was founded in 1980 and is based in Trondheim, Norway. BEWI ASA operates under Packaging Containers classification in Norway and is traded on Oslo Stock Exchange. It employs 1504 people.
Bewi Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bewi Asa. 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 Bewi Asa 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 Bewi Asa's important profitability drivers and their relationship over time.
Use Bewi Asa 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 Bewi Asa 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 Bewi Asa will appreciate offsetting losses from the drop in the long position's value.Bewi Asa Pair Trading
Bewi Asa Pair Trading Analysis
The ability to find closely correlated positions to Bewi Asa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bewi Asa 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 Bewi Asa - 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 Bewi Asa to buy it.
The correlation of Bewi Asa 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 Bewi Asa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bewi Asa 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 Bewi Asa 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 Bewi Asa position
In addition to having Bewi Asa 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 Bewi Stock
To fully project Bewi Asa's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bewi Asa 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 Bewi Asa's income statement, its balance sheet, and the statement of cash flows.