Firefly AB EBITDA vs. Revenue
| FIRE Stock | SEK 191.50 0.50 0.26% |
For Firefly AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Firefly AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Firefly AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Firefly AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Firefly AB over time as well as its relative position and ranking within its peers.
Firefly |
Firefly AB Revenue vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Firefly AB's current stock value. Our valuation model uses many indicators to compare Firefly AB value to that of its competitors to determine the firm's financial worth. Firefly AB is one of the top stocks in ebitda category among its peers. It also is rated as one of the top companies in revenue category among its peers totaling about 11.27 of Revenue per EBITDA. 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 Firefly AB's earnings, one of the primary drivers of an investment's value.Firefly Revenue 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.
Firefly AB |
| = | 26.65 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Firefly AB |
| = | 300.23 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Firefly Revenue vs Competition
Firefly AB is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Security & Protection Services industry is currently estimated at about 981.77 Million. Firefly AB totals roughly 300.23 Million in revenue claiming about 31% of equities listed under Security & Protection Services industry.
Firefly AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Firefly AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Firefly AB will eventually generate negative long term returns. The profitability progress is the general direction of Firefly AB's change in net profit over the period of time. It can combine multiple indicators of Firefly 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.
Firefly AB develops, manufactures, and sells spark detection, and fire and dust explosion protection systems for the process industries worldwide. Firefly AB was founded in 1973 and is based in Stockholm, Sweden. Firefly AB operates under Defence Products classification in Sweden and is traded on Stockholm Stock Exchange.
Firefly Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Firefly 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 Firefly 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 Firefly AB's important profitability drivers and their relationship over time.
Use Firefly 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 Firefly 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 Firefly AB will appreciate offsetting losses from the drop in the long position's value.Firefly AB Pair Trading
Firefly AB Pair Trading Analysis
The ability to find closely correlated positions to Firefly 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 Firefly 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 Firefly 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 Firefly AB to buy it.
The correlation of Firefly 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 Firefly AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Firefly 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 Firefly 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 Firefly AB position
In addition to having Firefly 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?
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Additional Tools for Firefly Stock Analysis
When running Firefly AB's price analysis, check to measure Firefly 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 Firefly AB is operating at the current time. Most of Firefly AB's value examination focuses on studying past and present price action to predict the probability of Firefly 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 Firefly AB's price. Additionally, you may evaluate how the addition of Firefly AB to your portfolios can decrease your overall portfolio volatility.