AECOM TECHNOLOGY Current Valuation vs. Net Income
| E6Z Stock | EUR 107.00 4.00 3.88% |
For AECOM TECHNOLOGY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AECOM TECHNOLOGY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AECOM TECHNOLOGY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AECOM TECHNOLOGY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AECOM TECHNOLOGY over time as well as its relative position and ranking within its peers.
AECOM |
AECOM TECHNOLOGY Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AECOM TECHNOLOGY's current stock value. Our valuation model uses many indicators to compare AECOM TECHNOLOGY value to that of its competitors to determine the firm's financial worth. AECOM TECHNOLOGY is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.02 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for AECOM TECHNOLOGY is roughly 40.36 . 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 AECOM TECHNOLOGY's earnings, one of the primary drivers of an investment's value.AECOM Current Valuation vs. Competition
AECOM TECHNOLOGY 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 Other industry is currently estimated at about 15.42 Billion. AECOM TECHNOLOGY totals roughly 12.54 Billion in current valuation claiming about 81% of all equities under Other industry.
AECOM Net Income vs. Current Valuation
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.
AECOM TECHNOLOGY |
| = | 12.54 B |
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.
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.
AECOM TECHNOLOGY |
| = | 310.61 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.
AECOM Net Income Comparison
AECOM TECHNOLOGY is currently under evaluation in net income category among its peers.
AECOM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AECOM TECHNOLOGY. 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 AECOM TECHNOLOGY 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 AECOM TECHNOLOGY's important profitability drivers and their relationship over time.
Use AECOM TECHNOLOGY 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 AECOM TECHNOLOGY 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 AECOM TECHNOLOGY will appreciate offsetting losses from the drop in the long position's value.AECOM TECHNOLOGY Pair Trading
AECOM TECHNOLOGY Pair Trading Analysis
The ability to find closely correlated positions to AECOM TECHNOLOGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AECOM TECHNOLOGY 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 AECOM TECHNOLOGY - 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 AECOM TECHNOLOGY to buy it.
The correlation of AECOM TECHNOLOGY 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 AECOM TECHNOLOGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AECOM TECHNOLOGY 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 AECOM TECHNOLOGY 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 AECOM TECHNOLOGY position
In addition to having AECOM TECHNOLOGY 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 Conservative Funds Thematic Idea Now
Conservative Funds
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 43 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in AECOM Stock
When determining whether AECOM TECHNOLOGY is a strong investment it is important to analyze AECOM TECHNOLOGY's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AECOM TECHNOLOGY's future performance. For an informed investment choice regarding AECOM Stock, refer to the following important reports:Check out Investing Opportunities. For information on how to trade AECOM Stock refer to our How to Trade AECOM Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
To fully project AECOM TECHNOLOGY's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AECOM TECHNOLOGY 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 AECOM TECHNOLOGY's income statement, its balance sheet, and the statement of cash flows.