Kesko Oyj Price To Earning vs. Net Income
| KKOYY Stock | USD 10.02 0.11 1.11% |
For Kesko Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kesko Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kesko Oyj ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kesko Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kesko Oyj ADR over time as well as its relative position and ranking within its peers.
Kesko |
Kesko Oyj ADR Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kesko Oyj's current stock value. Our valuation model uses many indicators to compare Kesko Oyj value to that of its competitors to determine the firm's financial worth. Kesko Oyj ADR is rated below average in price to earning category among its peers. It is rated below average in net income category among its peers making up about 38,818,737 of Net Income per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kesko Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kesko Oyj'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.Kesko Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Kesko Oyj |
| = | 14.73 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Kesko Oyj |
| = | 571.8 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Kesko Net Income Comparison
Kesko Oyj is currently under evaluation in net income category among its peers.
Kesko Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kesko Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kesko Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Kesko Oyj's change in net profit over the period of time. It can combine multiple indicators of Kesko Oyj, 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.
Kesko Oyj engages in the grocery trading business in Finland. Kesko Oyj was founded in 1940 and is headquartered in Helsinki, Finland. Kesko Oyj operates under Grocery Stores classification in the United States and is traded on OTC Exchange. It employs 18490 people.
Kesko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kesko Oyj. 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 Kesko Oyj 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 Kesko Oyj's important profitability drivers and their relationship over time.
Use Kesko Oyj 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 Kesko Oyj 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 Kesko Oyj will appreciate offsetting losses from the drop in the long position's value.Kesko Oyj Pair Trading
Kesko Oyj ADR Pair Trading Analysis
The ability to find closely correlated positions to Kesko Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kesko Oyj 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 Kesko Oyj - 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 Kesko Oyj ADR to buy it.
The correlation of Kesko Oyj 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 Kesko Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kesko Oyj ADR 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 Kesko Oyj 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 Kesko Oyj position
In addition to having Kesko Oyj 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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Additional Tools for Kesko Pink Sheet Analysis
When running Kesko Oyj's price analysis, check to measure Kesko Oyj'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 Kesko Oyj is operating at the current time. Most of Kesko Oyj's value examination focuses on studying past and present price action to predict the probability of Kesko Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kesko Oyj's price. Additionally, you may evaluate how the addition of Kesko Oyj to your portfolios can decrease your overall portfolio volatility.