Naturgy BAN Price To Sales vs. Cash Per Share
| GBAN Stock | ARS 2,295 35.00 1.50% |
For Naturgy BAN profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Naturgy BAN to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Naturgy BAN SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Naturgy BAN's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Naturgy BAN SA over time as well as its relative position and ranking within its peers.
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Naturgy BAN SA Cash Per Share vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Naturgy BAN's current stock value. Our valuation model uses many indicators to compare Naturgy BAN value to that of its competitors to determine the firm's financial worth. Naturgy BAN SA is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in cash per share category among its peers fabricating about 1.73 of Cash Per Share per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Naturgy BAN by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Naturgy BAN'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.Naturgy Cash Per Share vs. Price To 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.
Naturgy BAN |
| = | 1.40 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 2.43 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Naturgy Cash Per Share Comparison
Naturgy BAN is currently under evaluation in cash per share category among its peers.
Naturgy BAN Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Naturgy BAN, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Naturgy BAN will eventually generate negative long term returns. The profitability progress is the general direction of Naturgy BAN's change in net profit over the period of time. It can combine multiple indicators of Naturgy BAN, 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.
Naturgy BAN, S.A. engages in natural gas distribution business. The company was formerly known as Gas Natural Ban, S.A. and changed its name to Naturgy BAN, S.A. in January 2019. NATURGY BAN operates under Utilities - Regulated Gas classification in Argentina and is traded on Buenos-Aires Stock Exchange. It employs 490 people.
Naturgy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Naturgy BAN. 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 Naturgy BAN 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 Naturgy BAN's important profitability drivers and their relationship over time.
Use Naturgy BAN 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 Naturgy BAN 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 Naturgy BAN will appreciate offsetting losses from the drop in the long position's value.Naturgy BAN Pair Trading
Naturgy BAN SA Pair Trading Analysis
The ability to find closely correlated positions to Naturgy BAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Naturgy BAN 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 Naturgy BAN - 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 Naturgy BAN SA to buy it.
The correlation of Naturgy BAN 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 Naturgy BAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Naturgy BAN SA 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 Naturgy BAN 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 Naturgy BAN position
In addition to having Naturgy BAN 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 Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management 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 Asset Management Theme or any other thematic opportunities.
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Other Information on Investing in Naturgy Stock
To fully project Naturgy BAN's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Naturgy BAN SA 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 Naturgy BAN's income statement, its balance sheet, and the statement of cash flows.