Legrand SA Revenue vs. Cash Per Share
| LR Stock | EUR 94.88 0.32 0.34% |
For Legrand SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legrand SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legrand SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legrand SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legrand SA over time as well as its relative position and ranking within its peers.
Legrand |
Legrand SA Cash Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legrand SA's current stock value. Our valuation model uses many indicators to compare Legrand SA value to that of its competitors to determine the firm's financial worth. Legrand SA is considered the number one company in revenue category among its peers. It also is currently regarded as number one stock in cash per share category among its peers . The ratio of Revenue to Cash Per Share for Legrand SA is about 1,735,533,499 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Legrand SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Legrand SA'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.Legrand Revenue vs. Competition
Legrand SA is considered the number one company in revenue category among its peers. Market size based on revenue of Diversified Industrials industry is now estimated at about 133.33 Billion. Legrand SA holds roughly 6.99 Billion in revenue claiming about 5% of equities under Diversified Industrials industry.
Legrand Cash Per Share vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Legrand SA |
| = | 6.99 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Legrand SA |
| = | 4.03 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Legrand Cash Per Share Comparison
Legrand SA is currently under evaluation in cash per share category among its peers.
Legrand SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legrand SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legrand SA will eventually generate negative long term returns. The profitability progress is the general direction of Legrand SA's change in net profit over the period of time. It can combine multiple indicators of Legrand SA, 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.
Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide. The company was founded in 1865 and is headquartered in Limoges, France. LEGRAND operates under Diversified Industrials classification in France and is traded on Paris Stock Exchange. It employs 38377 people.
Legrand Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legrand SA. 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 Legrand SA 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 Legrand SA's important profitability drivers and their relationship over time.
Use Legrand SA 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 Legrand SA 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 Legrand SA will appreciate offsetting losses from the drop in the long position's value.Legrand SA Pair Trading
Legrand SA Pair Trading Analysis
The ability to find closely correlated positions to Legrand SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legrand SA 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 Legrand SA - 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 Legrand SA to buy it.
The correlation of Legrand SA 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 Legrand SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legrand SA 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 Legrand SA 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 Legrand SA position
In addition to having Legrand SA 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 Legrand Stock
To fully project Legrand SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legrand SA 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 Legrand SA's income statement, its balance sheet, and the statement of cash flows.