FirstGroup Plc EBITDA vs. Return On Asset
| FGR Stock | EUR 1.82 0.02 1.11% |
For FirstGroup Plc profitability analysis, we use financial ratios and fundamental drivers that measure the ability of FirstGroup Plc to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well FirstGroup plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between FirstGroup Plc's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of FirstGroup plc over time as well as its relative position and ranking within its peers.
FirstGroup |
FirstGroup plc Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining FirstGroup Plc's current stock value. Our valuation model uses many indicators to compare FirstGroup Plc value to that of its competitors to determine the firm's financial worth. FirstGroup plc is rated # 2 in ebitda category among its peers. It is one of the top stocks in return on asset category among its peers . The ratio of EBITDA to Return On Asset for FirstGroup plc is about 115,184,210,526 . 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 FirstGroup Plc's earnings, one of the primary drivers of an investment's value.FirstGroup Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
FirstGroup Plc |
| = | 875.4 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
FirstGroup Plc |
| = | 0.0076 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
FirstGroup Return On Asset Comparison
FirstGroup Plc is currently under evaluation in return on asset category among its peers.
FirstGroup Plc Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in FirstGroup Plc, profitability is also one of the essential criteria for including it into their portfolios because, without profit, FirstGroup Plc will eventually generate negative long term returns. The profitability progress is the general direction of FirstGroup Plc's change in net profit over the period of time. It can combine multiple indicators of FirstGroup Plc, 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.
The companys First Student segment provides student transportation services through a fleet of approximately 44,000 yellow school buses in North America. FirstGroup plc was incorporated in 1995 and is based in London, the United Kingdom. FIRSTGRP PLC operates under Trucking classification in Germany and is traded on Frankfurt Stock Exchange. It employs 108722 people.
FirstGroup Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on FirstGroup Plc. 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 FirstGroup Plc 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 FirstGroup Plc's important profitability drivers and their relationship over time.
Use FirstGroup Plc 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 FirstGroup Plc 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 FirstGroup Plc will appreciate offsetting losses from the drop in the long position's value.FirstGroup Plc Pair Trading
FirstGroup plc Pair Trading Analysis
The ability to find closely correlated positions to FirstGroup Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FirstGroup Plc 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 FirstGroup Plc - 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 FirstGroup plc to buy it.
The correlation of FirstGroup Plc 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 FirstGroup Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FirstGroup plc 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 FirstGroup Plc 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 FirstGroup Plc position
In addition to having FirstGroup Plc 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?
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Other Information on Investing in FirstGroup Stock
To fully project FirstGroup Plc's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of FirstGroup plc 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 FirstGroup Plc's income statement, its balance sheet, and the statement of cash flows.