EDreams Odigeo Price To Sales vs. Price To Earning
| EDR Stock | EUR 6.66 0.03 0.45% |
For EDreams Odigeo profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EDreams Odigeo to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well eDreams Odigeo SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EDreams Odigeo's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of eDreams Odigeo SA over time as well as its relative position and ranking within its peers.
EDreams |
eDreams Odigeo SA Price To Earning vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EDreams Odigeo's current stock value. Our valuation model uses many indicators to compare EDreams Odigeo value to that of its competitors to determine the firm's financial worth. eDreams Odigeo SA is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in price to earning category among its peers reporting about 66.05 of Price To Earning per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value EDreams Odigeo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EDreams Odigeo's Stock. 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.EDreams Price To Earning 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.
EDreams Odigeo |
| = | 0.79 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.
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.
EDreams Odigeo |
| = | 52.50 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.
EDreams Price To Earning Comparison
EDreams Odigeo is currently under evaluation in price to earning category among its peers.
EDreams Odigeo Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EDreams Odigeo, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EDreams Odigeo will eventually generate negative long term returns. The profitability progress is the general direction of EDreams Odigeo's change in net profit over the period of time. It can combine multiple indicators of EDreams Odigeo, 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.
eDreams ODIGEO S.A., together with its subsidiaries, operates as an online travel company in Europe. Its customers access the deals in regular flights, low-cost airlines, hotels, cruises, car rental, dynamic packages, holiday packages, and travel insurance. eDreams ODIGEO S.A. was founded in 2000 and is based in Luxembourg City, Luxembourg. EDREAMS ODIGEO operates under Hotels Travel And Leisure classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 1504 people.
EDreams Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EDreams Odigeo. 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 EDreams Odigeo 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 EDreams Odigeo's important profitability drivers and their relationship over time.
Use EDreams Odigeo 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 EDreams Odigeo 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 EDreams Odigeo will appreciate offsetting losses from the drop in the long position's value.EDreams Odigeo Pair Trading
eDreams Odigeo SA Pair Trading Analysis
The ability to find closely correlated positions to EDreams Odigeo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EDreams Odigeo 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 EDreams Odigeo - 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 eDreams Odigeo SA to buy it.
The correlation of EDreams Odigeo 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 EDreams Odigeo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eDreams Odigeo 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 EDreams Odigeo 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 EDreams Odigeo position
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Other Information on Investing in EDreams Stock
To fully project EDreams Odigeo's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of eDreams Odigeo 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 EDreams Odigeo's income statement, its balance sheet, and the statement of cash flows.