MilDef Group Return On Asset vs. EBITDA
| MILDEF Stock | 118.00 3.00 2.61% |
For MilDef Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MilDef Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MilDef Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MilDef Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MilDef Group AB over time as well as its relative position and ranking within its peers.
MilDef |
MilDef Group AB EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MilDef Group's current stock value. Our valuation model uses many indicators to compare MilDef Group value to that of its competitors to determine the firm's financial worth. MilDef Group AB is regarded fourth in return on asset category among its peers. It is regarded third in ebitda category among its peers totaling about 1,391,566,265 of EBITDA per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value MilDef Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for MilDef Group'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.MilDef EBITDA vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
MilDef Group |
| = | 0.0166 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
MilDef Group |
| = | 23.1 M |
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.
MilDef EBITDA Comparison
MilDef Group is currently under evaluation in ebitda category among its peers.
MilDef Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MilDef Group. 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 MilDef Group 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 MilDef Group's important profitability drivers and their relationship over time.
Use MilDef Group 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 MilDef Group 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 MilDef Group will appreciate offsetting losses from the drop in the long position's value.MilDef Group Pair Trading
MilDef Group AB Pair Trading Analysis
The ability to find closely correlated positions to MilDef Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MilDef Group 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 MilDef Group - 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 MilDef Group AB to buy it.
The correlation of MilDef Group 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 MilDef Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MilDef Group AB 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 MilDef Group 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 MilDef Group position
In addition to having MilDef Group 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?
Run Military Industrial Thematic Idea Now
Military Industrial
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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Other Information on Investing in MilDef Stock
To fully project MilDef Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MilDef Group AB 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 MilDef Group's income statement, its balance sheet, and the statement of cash flows.