Epiroc AB Net Income vs. Price To Sales
| EPOKY Stock | USD 19.15 0.14 0.74% |
For Epiroc AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Epiroc AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Epiroc AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Epiroc AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Epiroc AB over time as well as its relative position and ranking within its peers.
Epiroc |
Epiroc AB Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Epiroc AB's current stock value. Our valuation model uses many indicators to compare Epiroc AB value to that of its competitors to determine the firm's financial worth. Epiroc AB is one of the top stocks in net income category among its peers. It also is one of the top stocks in price to sales category among its peers . The ratio of Net Income to Price To Sales for Epiroc AB is about 1,347,743,894 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Epiroc AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Epiroc AB'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.Epiroc Price To Sales vs. Net Income
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.
Epiroc AB |
| = | 7.06 B |
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.
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.
Epiroc AB |
| = | 5.24 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.
Epiroc Price To Sales Comparison
Epiroc AB is currently under evaluation in price to sales category among its peers.
Epiroc AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Epiroc AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Epiroc AB will eventually generate negative long term returns. The profitability progress is the general direction of Epiroc AB's change in net profit over the period of time. It can combine multiple indicators of Epiroc 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.
Epiroc AB , together with its subsidiaries, develops and produces equipment for use in surface and underground applications in Sweden. The company was founded in 1873 and is headquartered in Nacka, Sweden. Epiroc Aktiebolag is traded on OTC Exchange in the United States.
Epiroc Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Epiroc 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 Epiroc 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 Epiroc AB's important profitability drivers and their relationship over time.
Use Epiroc 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 Epiroc 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 Epiroc AB will appreciate offsetting losses from the drop in the long position's value.Epiroc AB Pair Trading
Epiroc AB Pair Trading Analysis
The ability to find closely correlated positions to Epiroc 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 Epiroc 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 Epiroc 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 Epiroc AB to buy it.
The correlation of Epiroc 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 Epiroc AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Epiroc 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 Epiroc 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 Epiroc AB position
In addition to having Epiroc 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 Utilities - Regulated Electric Thematic Idea Now
Utilities - Regulated Electric
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Utilities - Regulated Electric theme has 7 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 Utilities - Regulated Electric Theme or any other thematic opportunities.
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Additional Tools for Epiroc Pink Sheet Analysis
When running Epiroc AB's price analysis, check to measure Epiroc 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 Epiroc AB is operating at the current time. Most of Epiroc AB's value examination focuses on studying past and present price action to predict the probability of Epiroc 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 Epiroc AB's price. Additionally, you may evaluate how the addition of Epiroc AB to your portfolios can decrease your overall portfolio volatility.