Cellnex Telecom Net Income vs. Price To Earning
| CLNXF Stock | USD 34.89 1.36 4.06% |
For Cellnex Telecom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cellnex Telecom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cellnex Telecom SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cellnex Telecom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cellnex Telecom SA over time as well as its relative position and ranking within its peers.
Cellnex |
Cellnex Telecom SA Price To Earning vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cellnex Telecom's current stock value. Our valuation model uses many indicators to compare Cellnex Telecom value to that of its competitors to determine the firm's financial worth. Cellnex Telecom SA is number one stock in net income category among its peers. It also is number one stock in price to earning 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 Cellnex Telecom's earnings, one of the primary drivers of an investment's value.Cellnex Price To Earning vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Cellnex Telecom |
| = | (351.37 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Cellnex Telecom |
| = | 155.06 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cellnex Price To Earning Comparison
Cellnex Telecom is currently under evaluation in price to earning category among its peers.
Cellnex Telecom Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cellnex Telecom, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cellnex Telecom will eventually generate negative long term returns. The profitability progress is the general direction of Cellnex Telecom's change in net profit over the period of time. It can combine multiple indicators of Cellnex Telecom, 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.
Cellnex Telecom, S.A. operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. Cellnex Telecom, S.A. was incorporated in 2008 and is headquartered in Madrid, Spain. Cellnex Telecom is traded on OTC Exchange in the United States.
Cellnex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cellnex Telecom. 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 Cellnex Telecom 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 Cellnex Telecom's important profitability drivers and their relationship over time.
Use Cellnex Telecom 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 Cellnex Telecom 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 Cellnex Telecom will appreciate offsetting losses from the drop in the long position's value.Cellnex Telecom Pair Trading
Cellnex Telecom SA Pair Trading Analysis
The ability to find closely correlated positions to Cellnex Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cellnex Telecom 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 Cellnex Telecom - 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 Cellnex Telecom SA to buy it.
The correlation of Cellnex Telecom 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 Cellnex Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cellnex Telecom SA 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 Cellnex Telecom 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 Cellnex Telecom position
In addition to having Cellnex Telecom 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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Impulse
Large corporations operating in retail, broadcasting, energy, airlines and telecom sectors. The Impulse theme has 49 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 Impulse Theme or any other thematic opportunities.
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Other Information on Investing in Cellnex Pink Sheet
To fully project Cellnex Telecom's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cellnex Telecom SA 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 Cellnex Telecom's income statement, its balance sheet, and the statement of cash flows.