DORO AB Price To Book vs. Current Valuation
| DORO Stock | SEK 32.50 0.10 0.31% |
For DORO AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DORO AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DORO AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DORO AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DORO AB over time as well as its relative position and ranking within its peers.
DORO |
DORO AB Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DORO AB's current stock value. Our valuation model uses many indicators to compare DORO AB value to that of its competitors to determine the firm's financial worth. DORO AB is one of the top stocks in price to book category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 428,187,370 of Current Valuation per Price To Book. 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 DORO AB's earnings, one of the primary drivers of an investment's value.DORO Current Valuation vs. Price To Book
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.
DORO AB |
| = | 0.81 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.
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.
DORO AB |
| = | 347.13 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.
DORO Current Valuation vs Competition
DORO AB is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 1.31 Billion. DORO AB totals roughly 347.13 Million in current valuation claiming about 26% of equities under Information Technology industry.
DORO AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DORO AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DORO AB will eventually generate negative long term returns. The profitability progress is the general direction of DORO AB's change in net profit over the period of time. It can combine multiple indicators of DORO AB, 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.
Doro AB develops telecom products and services for seniors. The company was founded in 1974 and is headquartered in Malm, Sweden. DORO AB operates under Electronic Finished Products classification in Sweden and is traded on Stockholm Stock Exchange. It employs 540 people.
DORO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DORO AB. 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 DORO AB 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 DORO AB's important profitability drivers and their relationship over time.
Use DORO AB 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 DORO AB 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 DORO AB will appreciate offsetting losses from the drop in the long position's value.DORO AB Pair Trading
DORO AB Pair Trading Analysis
The ability to find closely correlated positions to DORO AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DORO AB 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 DORO AB - 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 DORO AB to buy it.
The correlation of DORO AB 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 DORO AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DORO 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 DORO AB 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 DORO AB position
In addition to having DORO AB 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 Giant Impact Thematic Idea Now
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 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 Giant Impact Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for DORO Stock Analysis
When running DORO AB's price analysis, check to measure DORO AB'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 DORO AB is operating at the current time. Most of DORO AB's value examination focuses on studying past and present price action to predict the probability of DORO AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DORO AB's price. Additionally, you may evaluate how the addition of DORO AB to your portfolios can decrease your overall portfolio volatility.