Honeywell Automation Price To Sales vs. EBITDA
| HONAUT Stock | 40,835 111.80 0.27% |
For Honeywell Automation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Honeywell Automation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Honeywell Automation India utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Honeywell Automation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Honeywell Automation India over time as well as its relative position and ranking within its peers.
Honeywell |
Honeywell Automation EBITDA vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Honeywell Automation's current stock value. Our valuation model uses many indicators to compare Honeywell Automation value to that of its competitors to determine the firm's financial worth. Honeywell Automation India is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 815,619,709 of EBITDA per Price To Sales. At present, Honeywell Automation's EBITDA is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Honeywell Automation by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Honeywell Automation'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.Honeywell EBITDA vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Honeywell Automation |
| = | 9.04 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Honeywell Automation |
| = | 7.37 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Honeywell EBITDA Comparison
Honeywell Automation is currently under evaluation in ebitda category among its peers.
Honeywell Automation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Honeywell Automation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Honeywell Automation will eventually generate negative long term returns. The profitability progress is the general direction of Honeywell Automation's change in net profit over the period of time. It can combine multiple indicators of Honeywell Automation, 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 | 1.8 B | 1.9 B | |
| Operating Income | 10.4 B | 1.7 B | |
| Income Before Tax | 6.7 B | 1.6 B | |
| Total Other Income Expense Net | -3.7 B | -87.1 M | |
| Net Income | 5 B | 1.1 B | |
| Income Tax Expense | 1.7 B | 573.8 M | |
| Net Income From Continuing Ops | 5 B | 1.1 B | |
| Net Income Applicable To Common Shares | 1.1 B | 1 B | |
| Interest Income | 1.3 B | 1.4 B | |
| Net Interest Income | -36 M | -34.2 M | |
| Change To Netincome | -262.5 M | -275.6 M |
Honeywell Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Honeywell Automation. 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 Honeywell Automation 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 Honeywell Automation's important profitability drivers and their relationship over time.
Use Honeywell Automation 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 Honeywell Automation 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 Honeywell Automation will appreciate offsetting losses from the drop in the long position's value.Honeywell Automation Pair Trading
Honeywell Automation India Pair Trading Analysis
The ability to find closely correlated positions to Honeywell Automation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell Automation 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 Honeywell Automation - 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 Honeywell Automation India to buy it.
The correlation of Honeywell Automation 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 Honeywell Automation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell Automation 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 Honeywell Automation 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 Honeywell Automation position
In addition to having Honeywell Automation 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 Honeywell Stock
To fully project Honeywell Automation's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Honeywell Automation 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 Honeywell Automation's income statement, its balance sheet, and the statement of cash flows.