Devro PLC Price To Sales vs. Net Income
Please note, there is a significant difference between Devro PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devro PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devro PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.Devro PLC ADR Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Devro PLC's current stock value. Our valuation model uses many indicators to compare Devro PLC value to that of its competitors to determine the firm's financial worth. Devro PLC ADR is one of the top stocks in price to sales category among its peers. It is rated # 2 in net income category among its peers making up about 12,904,564 of Net Income per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Devro PLC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Devro PLC's Pink Sheet. 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.Devro Net Income 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.
Devro PLC |
| = | 2.41 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.
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.
Devro PLC |
| = | 31.1 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.
Devro Net Income Comparison
Devro PLC is currently under evaluation in net income category among its peers.
Devro PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Devro PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Devro PLC will eventually generate negative long term returns. The profitability progress is the general direction of Devro PLC's change in net profit over the period of time. It can combine multiple indicators of Devro 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.
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. Devro plc was incorporated in 1991 and is based in Chryston, the United Kingdom. Devro Plc is traded on OTC Exchange in the United States.
Devro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Devro 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 Devro 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 Devro PLC's important profitability drivers and their relationship over time.
Devro PLC Earnings per Share Projection vs Actual
Use Devro 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 Devro 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 Devro PLC will appreciate offsetting losses from the drop in the long position's value.Devro PLC Pair Trading
Devro PLC ADR Pair Trading Analysis
The ability to find closely correlated positions to Republic Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Republic Services 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 Republic Services - 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 Republic Services to buy it.
The correlation of Republic Services 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 Republic Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Republic Services 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 Republic Services 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 Devro PLC position
In addition to having Devro 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?
Run Real Estate ETFs Thematic Idea Now
Real Estate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 69 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 Real Estate ETFs Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Devro Pink Sheet
If you are still planning to invest in Devro PLC ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Devro PLC's history and understand the potential risks before investing.
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