Craneware Plc Price To Sales vs. Current Valuation
| CRWRF Stock | USD 24.51 0.00 0.00% |
For Craneware Plc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Craneware Plc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Craneware plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Craneware Plc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Craneware plc over time as well as its relative position and ranking within its peers.
Craneware |
Craneware plc Current Valuation vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Craneware Plc's current stock value. Our valuation model uses many indicators to compare Craneware Plc value to that of its competitors to determine the firm's financial worth. Craneware plc is rated second in price to sales category among its peers. It is the top company in current valuation category among its peers reporting about 178,061,276 of Current Valuation per Price To Sales. 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 Craneware Plc's earnings, one of the primary drivers of an investment's value.Craneware Current Valuation 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.
Craneware Plc |
| = | 5.29 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.
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.
Craneware Plc |
| = | 942.35 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.
Craneware Current Valuation vs Competition
Craneware plc is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Information Services industry is currently estimated at about 46.64 Billion. Craneware Plc holds roughly 942.35 Million in current valuation claiming about 2.02% of equities under Health Information Services industry.
Craneware Plc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Craneware Plc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Craneware Plc will eventually generate negative long term returns. The profitability progress is the general direction of Craneware Plc's change in net profit over the period of time. It can combine multiple indicators of Craneware Plc, 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.
Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. Craneware plc was incorporated in 1999 and is headquartered in Edinburgh, the United Kingdom. CRANEWARE PLC operates under Health Information Services classification in the United States and is traded on PNK Exchange. It employs 724 people.
Craneware Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Craneware Plc. 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 Craneware Plc 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 Craneware Plc's important profitability drivers and their relationship over time.
Use Craneware Plc 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 Craneware Plc 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 Craneware Plc will appreciate offsetting losses from the drop in the long position's value.Craneware Plc Pair Trading
Craneware plc Pair Trading Analysis
The ability to find closely correlated positions to Craneware Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Craneware Plc 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 Craneware Plc - 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 Craneware plc to buy it.
The correlation of Craneware Plc 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 Craneware Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Craneware plc 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 Craneware Plc 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 Craneware Plc position
In addition to having Craneware Plc 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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Airlines
Domestic and international airlines and airline services. The Airlines theme has 37 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 Airlines Theme or any other thematic opportunities.
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Other Information on Investing in Craneware Pink Sheet
To fully project Craneware Plc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Craneware plc 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 Craneware Plc's income statement, its balance sheet, and the statement of cash flows.