HEG Operating Margin vs. Market Capitalization
| HEG Stock | 568.30 21.35 3.90% |
For HEG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HEG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HEG Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HEG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HEG Limited over time as well as its relative position and ranking within its peers.
HEG |
HEG Limited Market Capitalization vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining HEG's current stock value. Our valuation model uses many indicators to compare HEG value to that of its competitors to determine the firm's financial worth. HEG Limited is one of the top stocks in operating margin category among its peers. It also is one of the top stocks in market capitalization category among its peers . 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 HEG's earnings, one of the primary drivers of an investment's value.HEG Market Capitalization vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
HEG |
| = | (0.02) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
HEG |
| = | 78.19 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
HEG Market Capitalization vs Competition
HEG Limited is one of the top stocks in market capitalization category among its peers. Market capitalization of Industrials industry is currently estimated at about 40.07 Trillion. HEG adds roughly 78.19 Billion in market capitalization claiming only tiny portion of equities under Industrials industry.
HEG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in HEG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HEG will eventually generate negative long term returns. The profitability progress is the general direction of HEG's change in net profit over the period of time. It can combine multiple indicators of HEG, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.2 B | 1.3 B | |
| Operating Income | 11.5 B | 6 B | |
| Income Before Tax | 4 B | 5.3 B | |
| Total Other Income Expense Net | -7.5 B | -7.1 B | |
| Net Income | 3.1 B | 5.2 B | |
| Income Tax Expense | 837 M | 1.6 B | |
| Net Income From Continuing Ops | 3.1 B | 5.5 B | |
| Net Income Applicable To Common Shares | 6.1 B | 5.7 B | |
| Interest Income | 432 M | 381.4 M | |
| Net Interest Income | -357.4 M | -375.3 M | |
| Change To Netincome | -865 M | -821.8 M |
HEG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on HEG. 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 HEG 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 HEG's important profitability drivers and their relationship over time.
Use HEG 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 HEG 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 HEG will appreciate offsetting losses from the drop in the long position's value.HEG Pair Trading
HEG Limited Pair Trading Analysis
The ability to find closely correlated positions to HEG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HEG 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 HEG - 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 HEG Limited to buy it.
The correlation of HEG 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 HEG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HEG Limited 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 HEG 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 HEG position
In addition to having HEG 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 HEG Stock
To fully project HEG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HEG Limited 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 HEG's income statement, its balance sheet, and the statement of cash flows.