Getinge AB Current Valuation vs. Net Income
| GETI-B Stock | SEK 167.80 1.20 0.72% |
For Getinge AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Getinge AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Getinge AB ser utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Getinge AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Getinge AB ser over time as well as its relative position and ranking within its peers.
Getinge |
Getinge AB ser Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Getinge AB's current stock value. Our valuation model uses many indicators to compare Getinge AB value to that of its competitors to determine the firm's financial worth. Getinge AB ser is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.04 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Getinge AB ser is roughly 22.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Getinge AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Getinge AB'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.Getinge Current Valuation vs. Competition
Getinge AB ser 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 Medical Instruments & Supplies industry is currently estimated at about 700.5 Billion. Getinge AB holds roughly 66 Billion in current valuation claiming about 9% of all equities under Medical Instruments & Supplies industry.
Getinge Net Income vs. Current Valuation
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.
Getinge AB |
| = | 66 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.
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.
Getinge AB |
| = | 2.97 B |
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.
Getinge Net Income Comparison
Getinge AB is currently under evaluation in net income category among its peers.
Getinge AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Getinge AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Getinge AB will eventually generate negative long term returns. The profitability progress is the general direction of Getinge AB's change in net profit over the period of time. It can combine multiple indicators of Getinge 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.
Getinge AB provides products and solutions for operating rooms, intensive-care units, sterilization departments, and life science companies and institutions. Getinge AB was founded in 1904 and is headquartered in Gothenburg, Sweden. Getinge AB operates under Medical Instruments Supplies classification in Sweden and is traded on Stockholm Stock Exchange. It employs 10771 people.
Getinge Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Getinge 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 Getinge 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 Getinge AB's important profitability drivers and their relationship over time.
Use Getinge 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 Getinge 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 Getinge AB will appreciate offsetting losses from the drop in the long position's value.Getinge AB Pair Trading
Getinge AB ser Pair Trading Analysis
The ability to find closely correlated positions to Getinge 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 Getinge 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 Getinge 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 Getinge AB ser to buy it.
The correlation of Getinge 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 Getinge AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Getinge AB ser 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 Getinge 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 Getinge AB position
In addition to having Getinge 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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Other Information on Investing in Getinge Stock
To fully project Getinge AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Getinge AB ser 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 Getinge AB's income statement, its balance sheet, and the statement of cash flows.