Novatech Industries Current Valuation vs. Number Of Employees
| MLNOV Stock | EUR 10.50 0.00 0.00% |
For Novatech Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Novatech Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Novatech Industries SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Novatech Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Novatech Industries SA over time as well as its relative position and ranking within its peers.
Novatech |
Novatech Industries Number Of Employees vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Novatech Industries's current stock value. Our valuation model uses many indicators to compare Novatech Industries value to that of its competitors to determine the firm's financial worth. Novatech Industries SA is rated top company in current valuation category among its peers. It also is considered to be number one stock in number of employees category among its peers . The ratio of Current Valuation to Number Of Employees for Novatech Industries SA is about 8,883,961 . 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 Novatech Industries' earnings, one of the primary drivers of an investment's value.Novatech Current Valuation vs. Competition
Novatech Industries SA is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Components industry is now estimated at about 3.84 Billion. Novatech Industries totals roughly 2.65 Billion in current valuation claiming about 69% of equities under Electronic Components industry.
Novatech Number Of Employees vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Novatech Industries |
| = | 2.65 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
Novatech Industries |
| = | 298 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Novatech Number Of Employees vs Competition
Novatech Industries SA is considered to be number one stock in number of employees category among its peers. The total workforce of Electronic Components industry is now estimated at about 6,154. Novatech Industries holds roughly 298 in number of employees claiming about 5% of equities under Electronic Components industry.
Novatech Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Novatech Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Novatech Industries will eventually generate negative long term returns. The profitability progress is the general direction of Novatech Industries' change in net profit over the period of time. It can combine multiple indicators of Novatech Industries, 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.
Novatech Industries designs, manufactures, and integrates electronic solutions and products in Europe. Novatech Industries is traded on Paris Stock Exchange in France.
Novatech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Novatech Industries. 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 Novatech Industries 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 Novatech Industries' important profitability drivers and their relationship over time.
Use Novatech Industries 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 Novatech Industries 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 Novatech Industries will appreciate offsetting losses from the drop in the long position's value.Novatech Industries Pair Trading
Novatech Industries SA Pair Trading Analysis
The ability to find closely correlated positions to Novatech Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Novatech Industries 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 Novatech Industries - 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 Novatech Industries SA to buy it.
The correlation of Novatech Industries 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 Novatech Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Novatech Industries 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 Novatech Industries 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 Novatech Industries position
In addition to having Novatech Industries 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 Construction Materials Thematic Idea Now
Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 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 Construction Materials Theme or any other thematic opportunities.
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Additional Tools for Novatech Stock Analysis
When running Novatech Industries' price analysis, check to measure Novatech Industries' 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 Novatech Industries is operating at the current time. Most of Novatech Industries' value examination focuses on studying past and present price action to predict the probability of Novatech Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatech Industries' price. Additionally, you may evaluate how the addition of Novatech Industries to your portfolios can decrease your overall portfolio volatility.