Evonik Industries Net Income vs. Shares Outstanding

EVKIF Stock  USD 18.50  0.46  2.55%   
Based on Evonik Industries' profitability indicators, Evonik Industries AG may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Evonik Industries' ability to earn profits and add value for shareholders.
For Evonik Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evonik Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evonik Industries AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evonik Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evonik Industries AG over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Evonik Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evonik Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evonik Industries' 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.

Evonik Industries Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Evonik Industries's current stock value. Our valuation model uses many indicators to compare Evonik Industries value to that of its competitors to determine the firm's financial worth.
Evonik Industries AG is one of the top stocks in net income category among its peers. It also is one of the top stocks in shares outstanding category among its peers creating about  0.62  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Evonik Industries AG is roughly  1.60 . 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 Evonik Industries' earnings, one of the primary drivers of an investment's value.

Evonik Shares Outstanding 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.

Evonik Industries

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
746 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Evonik Industries

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
466 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Evonik Shares Outstanding Comparison

Evonik Industries is currently under evaluation in shares outstanding category among its peers.

Evonik Industries Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Evonik Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evonik Industries will eventually generate negative long term returns. The profitability progress is the general direction of Evonik Industries' change in net profit over the period of time. It can combine multiple indicators of Evonik Industries, 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.
Evonik Industries AG engages in the specialty chemicals business. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 33235 people.

Evonik Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Evonik Industries. 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 Evonik Industries 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 Evonik Industries' important profitability drivers and their relationship over time.

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Hedge Favorites Theme
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Other Information on Investing in Evonik Pink Sheet

To fully project Evonik Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Evonik Industries 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 Evonik Industries' income statement, its balance sheet, and the statement of cash flows.
Potential Evonik Industries investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Evonik Industries investors may work on each financial statement separately, they are all related. The changes in Evonik Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Evonik Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.