Greencore Group Price To Book vs. Debt To Equity

GNCGY Stock  USD 11.20  1.16  11.55%   
Considering Greencore Group's profitability and operating efficiency indicators, Greencore Group PLC may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Greencore Group's ability to earn profits and add value for shareholders.
For Greencore Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Greencore Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Greencore Group PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Greencore Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Greencore Group PLC over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Greencore Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Greencore Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greencore Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Greencore Group PLC Debt To Equity vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Greencore Group's current stock value. Our valuation model uses many indicators to compare Greencore Group value to that of its competitors to determine the firm's financial worth.
Greencore Group PLC is one of the top stocks in price to book category among its peers. It also is one of the top stocks in debt to equity category among its peers fabricating about  1.13  of Debt To Equity per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Greencore Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Greencore Group's Pink Sheet. 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.

Greencore Debt To Equity vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Greencore Group

P/B

 = 

MV Per Share

BV Per Share

 = 
0.72 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

Greencore Group

D/E

 = 

Total Debt

Total Equity

 = 
0.81 %
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Greencore Debt To Equity Comparison

Greencore Group is currently under evaluation in debt to equity category among its peers.

Greencore Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Greencore Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Greencore Group will eventually generate negative long term returns. The profitability progress is the general direction of Greencore Group's change in net profit over the period of time. It can combine multiple indicators of Greencore Group, 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.
Greencore Group plc, together with its subsidiaries, engages in the manufacture and sale of convenience food products primarily in the United Kingdom and Ireland. Greencore Group plc was incorporated in 1991 and is headquartered in Dublin, Ireland. Greencore Group operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 13000 people.

Greencore Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Greencore Group. 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 Greencore Group 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 Greencore Group's important profitability drivers and their relationship over time.

Use Greencore Group 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 Greencore Group 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 Greencore Group will appreciate offsetting losses from the drop in the long position's value.

Greencore Group Pair Trading

Greencore Group PLC Pair Trading Analysis

The ability to find closely correlated positions to Greencore Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Greencore Group 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 Greencore Group - 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 Greencore Group PLC to buy it.
The correlation of Greencore Group 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 Greencore Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Greencore Group 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 Greencore Group 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Greencore Group position

In addition to having Greencore Group 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.

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Market Neutral Funds
Market Neutral Funds Theme
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 37 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 Market Neutral Funds Theme or any other thematic opportunities.
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Additional Tools for Greencore Pink Sheet Analysis

When running Greencore Group's price analysis, check to measure Greencore Group'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 Greencore Group is operating at the current time. Most of Greencore Group's value examination focuses on studying past and present price action to predict the probability of Greencore Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greencore Group's price. Additionally, you may evaluate how the addition of Greencore Group to your portfolios can decrease your overall portfolio volatility.