Philippos Nakas Return On Equity vs. Total Debt
| NAKAS Stock | EUR 3.00 0.08 2.74% |
For Philippos Nakas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Philippos Nakas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Philippos Nakas SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Philippos Nakas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Philippos Nakas SA over time as well as its relative position and ranking within its peers.
Philippos |
Philippos Nakas SA Total Debt vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Philippos Nakas's current stock value. Our valuation model uses many indicators to compare Philippos Nakas value to that of its competitors to determine the firm's financial worth. Philippos Nakas SA is considered to be number one stock in return on equity category among its peers. It also is rated top company in total debt category among its peers making up about 97,327,394 of Total Debt per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Philippos Nakas by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Philippos Nakas' 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.Philippos Total Debt vs. Return On Equity
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.
Philippos Nakas |
| = | 0.0449 |
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.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Philippos Nakas |
| = | 4.37 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Philippos Total Debt vs Competition
Philippos Nakas SA is rated top company in total debt category among its peers. Total debt of Specialty Retail, Other industry is now estimated at about 7.34 Billion. Philippos Nakas adds roughly 4.37 Million in total debt claiming only tiny portion of equities listed under Specialty Retail, Other industry.
Philippos Nakas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Philippos Nakas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Philippos Nakas will eventually generate negative long term returns. The profitability progress is the general direction of Philippos Nakas' change in net profit over the period of time. It can combine multiple indicators of Philippos Nakas, 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.
Philippos Nakas S.A. distributes musical instruments in Greece. The company was founded in 1937 and is headquartered in Paiania, Greece. NAKAS MUSIC is traded on Athens Stock Exchange in Greece.
Philippos Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Philippos Nakas. 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 Philippos Nakas 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 Philippos Nakas' important profitability drivers and their relationship over time.
Use Philippos Nakas 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 Philippos Nakas 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 Philippos Nakas will appreciate offsetting losses from the drop in the long position's value.Philippos Nakas Pair Trading
Philippos Nakas SA Pair Trading Analysis
The ability to find closely correlated positions to Philippos Nakas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Philippos Nakas 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 Philippos Nakas - 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 Philippos Nakas SA to buy it.
The correlation of Philippos Nakas 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 Philippos Nakas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Philippos Nakas 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 Philippos Nakas 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 Philippos Nakas position
In addition to having Philippos Nakas 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 Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Philippos Stock
To fully project Philippos Nakas' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Philippos Nakas 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 Philippos Nakas' income statement, its balance sheet, and the statement of cash flows.