Ontex Group Current Valuation vs. Return On Asset
| OT7 Stock | EUR 7.54 0.02 0.26% |
For Ontex Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ontex Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ontex Group NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ontex Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ontex Group NV over time as well as its relative position and ranking within its peers.
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Ontex Group NV Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ontex Group's current stock value. Our valuation model uses many indicators to compare Ontex Group value to that of its competitors to determine the firm's financial worth. Ontex Group NV is rated top company in current valuation category among its peers. It also is considered to be number one stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Ontex Group NV is about 153,900,211,348 . 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 Ontex Group's earnings, one of the primary drivers of an investment's value.Ontex Current Valuation vs. Competition
Ontex Group NV is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Household & Personal Products industry is now estimated at about 689.15 Billion. Ontex Group adds roughly 1.37 Billion in current valuation claiming only tiny portion of equities under Household & Personal Products industry.
Ontex Return On Asset 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.
Ontex Group |
| = | 1.37 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.
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.
Ontex Group |
| = | 0.0089 |
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.
Ontex Return On Asset Comparison
Ontex Group is currently under evaluation in return on asset category among its peers.
Ontex Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ontex Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ontex Group will eventually generate negative long term returns. The profitability progress is the general direction of Ontex Group's change in net profit over the period of time. It can combine multiple indicators of Ontex Group, 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.
Ontex Group NV manufactures and sells personal hygiene solutions for baby, feminine, and adult care in Western Europe, Eastern Europe, the Americas, and internationally. Ontex Group NV was founded in 1979 and is headquartered in Erembodegem, Belgium. Ontex Group is traded on Frankfurt Stock Exchange in Germany.
Ontex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ontex 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 Ontex 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 Ontex Group's important profitability drivers and their relationship over time.
Use Ontex 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 Ontex 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 Ontex Group will appreciate offsetting losses from the drop in the long position's value.Ontex Group Pair Trading
Ontex Group NV Pair Trading Analysis
The ability to find closely correlated positions to Ontex 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 Ontex 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 Ontex 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 Ontex Group NV to buy it.
The correlation of Ontex 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 Ontex Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ontex Group NV 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 Ontex 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 Ontex Group position
In addition to having Ontex 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 Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 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 Junk Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Ontex Stock
To fully project Ontex Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ontex Group NV 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 Ontex Group's income statement, its balance sheet, and the statement of cash flows.