Nilfisk Holding Price To Earning vs. Net Income
| NLFSK Stock | DKK 106.60 0.20 0.19% |
For Nilfisk Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nilfisk Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nilfisk Holding AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nilfisk Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nilfisk Holding AS over time as well as its relative position and ranking within its peers.
Nilfisk |
Nilfisk Holding AS Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nilfisk Holding's current stock value. Our valuation model uses many indicators to compare Nilfisk Holding value to that of its competitors to determine the firm's financial worth. Nilfisk Holding AS is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in net income category among its peers making up about 208,777 of Net Income per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nilfisk Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nilfisk Holding'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.Nilfisk Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Nilfisk Holding |
| = | 244.28 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nilfisk Holding |
| = | 51 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Nilfisk Net Income Comparison
Nilfisk Holding is currently under evaluation in net income category among its peers.
Nilfisk Holding Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nilfisk Holding, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nilfisk Holding will eventually generate negative long term returns. The profitability progress is the general direction of Nilfisk Holding's change in net profit over the period of time. It can combine multiple indicators of Nilfisk Holding, 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.
Nilfisk Holding AS manufactures and sells cleaning products and services worldwide. Nilfisk Holding AS was founded in 1906 and is headquartered in Brndby, Denmark. Nilfisk Holding operates under Diversified Industrials classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 5319 people.
Nilfisk Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nilfisk Holding. 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 Nilfisk Holding 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 Nilfisk Holding's important profitability drivers and their relationship over time.
Use Nilfisk Holding 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 Nilfisk Holding 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 Nilfisk Holding will appreciate offsetting losses from the drop in the long position's value.Nilfisk Holding Pair Trading
Nilfisk Holding AS Pair Trading Analysis
The ability to find closely correlated positions to Nilfisk Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nilfisk Holding 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 Nilfisk Holding - 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 Nilfisk Holding AS to buy it.
The correlation of Nilfisk Holding 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 Nilfisk Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nilfisk Holding 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 Nilfisk Holding 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 Nilfisk Holding position
In addition to having Nilfisk Holding 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 Nilfisk Stock
To fully project Nilfisk Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nilfisk Holding 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 Nilfisk Holding's income statement, its balance sheet, and the statement of cash flows.