Multiconsult Cash And Equivalents vs. Return On Equity
| MULTI Stock | NOK 194.00 3.00 1.57% |
For Multiconsult profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Multiconsult to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Multiconsult AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Multiconsult's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Multiconsult AS over time as well as its relative position and ranking within its peers.
Multiconsult |
Multiconsult AS Return On Equity vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Multiconsult's current stock value. Our valuation model uses many indicators to compare Multiconsult value to that of its competitors to determine the firm's financial worth. Multiconsult AS is considered to be number one stock in cash and equivalents category among its peers. It also is considered to be number one stock in return on equity category among its peers . The ratio of Cash And Equivalents to Return On Equity for Multiconsult AS is about 474,809,973 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Multiconsult by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Multiconsult'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.Multiconsult Return On Equity vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Multiconsult |
| = | 156.16 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Multiconsult |
| = | 0.33 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Multiconsult Return On Equity Comparison
Multiconsult is currently under evaluation in return on equity category among its peers.
Multiconsult Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Multiconsult, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Multiconsult will eventually generate negative long term returns. The profitability progress is the general direction of Multiconsult's change in net profit over the period of time. It can combine multiple indicators of Multiconsult, 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.
Multiconsult ASA provides engineering design, consultancy, and architecture services in the Norway and internationally. The company was founded in 1908 and is headquartered in Oslo, Norway. MULTICONSULT operates under Engineering Construction classification in Norway and is traded on Oslo Stock Exchange. It employs 2972 people.
Multiconsult Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Multiconsult. 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 Multiconsult 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 Multiconsult's important profitability drivers and their relationship over time.
Use Multiconsult 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 Multiconsult 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 Multiconsult will appreciate offsetting losses from the drop in the long position's value.Multiconsult Pair Trading
Multiconsult AS Pair Trading Analysis
The ability to find closely correlated positions to Multiconsult could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Multiconsult 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 Multiconsult - 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 Multiconsult AS to buy it.
The correlation of Multiconsult 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 Multiconsult moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Multiconsult AS 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 Multiconsult 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 Multiconsult position
In addition to having Multiconsult 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 Macroaxis Picks Thematic Idea Now
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
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Other Information on Investing in Multiconsult Stock
To fully project Multiconsult's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Multiconsult AS 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 Multiconsult's income statement, its balance sheet, and the statement of cash flows.