Grieg Seafood Return On Equity vs. Gross Profit
| GSF Stock | NOK 60.80 0.25 0.41% |
For Grieg Seafood profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Grieg Seafood to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Grieg Seafood ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Grieg Seafood's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Grieg Seafood ASA over time as well as its relative position and ranking within its peers.
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Grieg Seafood ASA Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Grieg Seafood's current stock value. Our valuation model uses many indicators to compare Grieg Seafood value to that of its competitors to determine the firm's financial worth. Grieg Seafood ASA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in gross profit category among its peers fabricating about 13,308,621,277 of Gross Profit per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Grieg Seafood's earnings, one of the primary drivers of an investment's value.Grieg Gross Profit 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.
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| = | 0.24 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Grieg Seafood |
| = | 3.13 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Grieg Gross Profit Comparison
Grieg Seafood is currently under evaluation in gross profit category among its peers.
Grieg Seafood Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Grieg Seafood, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Grieg Seafood will eventually generate negative long term returns. The profitability progress is the general direction of Grieg Seafood's change in net profit over the period of time. It can combine multiple indicators of Grieg Seafood, 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.
Grieg Seafood ASA, through its subsidiaries, operates as a fish farming company. Grieg Seafood ASA was founded in 1884 and is headquartered in Bergen, Norway. GRIEG SEAFOOD operates under Packaged Foods classification in Norway and is traded on Oslo Stock Exchange. It employs 669 people.
Grieg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Grieg Seafood. 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 Grieg Seafood 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 Grieg Seafood's important profitability drivers and their relationship over time.
Use Grieg Seafood 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 Grieg Seafood 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 Grieg Seafood will appreciate offsetting losses from the drop in the long position's value.Grieg Seafood Pair Trading
Grieg Seafood ASA Pair Trading Analysis
The ability to find closely correlated positions to Grieg Seafood could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grieg Seafood 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 Grieg Seafood - 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 Grieg Seafood ASA to buy it.
The correlation of Grieg Seafood 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 Grieg Seafood moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grieg Seafood ASA 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 Grieg Seafood 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 Grieg Seafood position
In addition to having Grieg Seafood 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 Grieg Stock
To fully project Grieg Seafood's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Grieg Seafood ASA 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 Grieg Seafood's income statement, its balance sheet, and the statement of cash flows.