Fiskars Oyj Return On Equity vs. Current Valuation
| FSKRS Stock | EUR 14.84 0.36 2.37% |
For Fiskars Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fiskars Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fiskars Oyj Abp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fiskars Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fiskars Oyj Abp over time as well as its relative position and ranking within its peers.
Fiskars |
Fiskars Oyj Abp Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fiskars Oyj's current stock value. Our valuation model uses many indicators to compare Fiskars Oyj value to that of its competitors to determine the firm's financial worth. Fiskars Oyj Abp is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 13,609,902,133 of Current Valuation per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fiskars Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fiskars Oyj'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.Fiskars Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Fiskars Oyj |
| = | 0.12 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Fiskars Oyj |
| = | 1.63 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Fiskars Current Valuation vs Competition
Fiskars Oyj Abp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is currently estimated at about 2.82 Billion. Fiskars Oyj totals roughly 1.63 Billion in current valuation claiming about 58% of stocks in Consumer Discretionary industry.
Fiskars Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fiskars Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fiskars Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Fiskars Oyj's change in net profit over the period of time. It can combine multiple indicators of Fiskars Oyj, 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.
Fiskars Oyj Abp manufactures and markets consumer products worldwide. Fiskars Oyj Abp was founded in 1649 and is based in Helsinki, Finland. Fiskars operates under Home Improvement Stores classification in Finland and is traded on Helsinki Exchange. It employs 7499 people.
Fiskars Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fiskars Oyj. 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 Fiskars Oyj 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 Fiskars Oyj's important profitability drivers and their relationship over time.
Use Fiskars Oyj 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 Fiskars Oyj 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 Fiskars Oyj will appreciate offsetting losses from the drop in the long position's value.Fiskars Oyj Pair Trading
Fiskars Oyj Abp Pair Trading Analysis
The ability to find closely correlated positions to Fiskars Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiskars Oyj 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 Fiskars Oyj - 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 Fiskars Oyj Abp to buy it.
The correlation of Fiskars Oyj 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 Fiskars Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiskars Oyj Abp 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 Fiskars Oyj 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 Fiskars Oyj position
In addition to having Fiskars Oyj 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 Fiskars Stock
To fully project Fiskars Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fiskars Oyj Abp 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 Fiskars Oyj's income statement, its balance sheet, and the statement of cash flows.