Genfit Return On Asset vs. Current Valuation
| GNFT Stock | EUR 4.06 0.04 1.00% |
For Genfit profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Genfit to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Genfit utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Genfit's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Genfit over time as well as its relative position and ranking within its peers.
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Genfit Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Genfit's current stock value. Our valuation model uses many indicators to compare Genfit value to that of its competitors to determine the firm's financial worth. Genfit is one of the top stocks in return on asset category among its peers. It is rated below average in current valuation category among its peers reporting about 199,855,738 of Current Valuation per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Genfit by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Genfit'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.Genfit Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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| = | 0.15 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
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| = | 30.62 M |
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.
Genfit Current Valuation vs Competition
Genfit is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 392.07 Million. Genfit holds roughly 30.62 Million in current valuation claiming about 8% of equities under Health Care industry.
Genfit Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Genfit, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Genfit will eventually generate negative long term returns. The profitability progress is the general direction of Genfit's change in net profit over the period of time. It can combine multiple indicators of Genfit, 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.
Genfit SA, a biopharmaceutical company, develops therapeutic and diagnostic solutions for metabolic, inflammatory, and autoimmune or fibrotic diseases affecting primarily the liver and gastro-enterology. Genfit SA was founded in 1999 and is headquartered in Loos, France. GENFIT operates under Biotechnology classification in France and is traded on Paris Stock Exchange. It employs 148 people.
Genfit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Genfit. 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 Genfit 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 Genfit's important profitability drivers and their relationship over time.
Use Genfit 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 Genfit 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 Genfit will appreciate offsetting losses from the drop in the long position's value.Genfit Pair Trading
Genfit Pair Trading Analysis
The ability to find closely correlated positions to Genfit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Genfit 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 Genfit - 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 Genfit to buy it.
The correlation of Genfit 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 Genfit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Genfit 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 Genfit 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 Genfit position
In addition to having Genfit 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 Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 42 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 Wireless Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Genfit Stock
When determining whether Genfit is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genfit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genfit Stock. Highlighted below are key reports to facilitate an investment decision about Genfit Stock:Check out Risk vs Return Analysis. For information on how to trade Genfit Stock refer to our How to Trade Genfit Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project Genfit's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Genfit 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 Genfit's income statement, its balance sheet, and the statement of cash flows.