Parkson Retail Current Valuation vs. Return On Asset
| P5IB Stock | EUR 0.01 0.0005 5.88% |
For Parkson Retail profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parkson Retail to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parkson Retail Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parkson Retail's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parkson Retail Group over time as well as its relative position and ranking within its peers.
Parkson |
Parkson Retail Group Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parkson Retail's current stock value. Our valuation model uses many indicators to compare Parkson Retail value to that of its competitors to determine the firm's financial worth. Parkson Retail Group 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 Parkson Retail Group is about 6,334,797,340,000 . 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 Parkson Retail's earnings, one of the primary drivers of an investment's value.Parkson Current Valuation vs. Competition
Parkson Retail Group is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Department Stores industry is at this time estimated at about 25.51 Billion. Parkson Retail holds roughly 633.48 Million in current valuation claiming about 2.48% of equities under Department Stores industry.
Parkson 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.
Parkson Retail |
| = | 633.48 M |
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.
Parkson Retail |
| = | 1.0E-4 |
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.
Parkson Return On Asset Comparison
Parkson Retail is currently under evaluation in return on asset category among its peers.
Parkson Retail Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parkson Retail, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parkson Retail will eventually generate negative long term returns. The profitability progress is the general direction of Parkson Retail's change in net profit over the period of time. It can combine multiple indicators of Parkson Retail, 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.
Parkson Retail Group Limited engages in the operation and management of a network of department stores, shopping malls, city outlets, supermarkets, and food and beverage outlets. Parkson Retail Group Limited is a subsidiary of PRG Corporation Limited. PARKSON RETAIL operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6293 people.
Parkson Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Parkson Retail. 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 Parkson Retail 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 Parkson Retail's important profitability drivers and their relationship over time.
Use Parkson Retail 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 Parkson Retail 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 Parkson Retail will appreciate offsetting losses from the drop in the long position's value.Parkson Retail Pair Trading
Parkson Retail Group Pair Trading Analysis
The ability to find closely correlated positions to Parkson Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkson Retail 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 Parkson Retail - 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 Parkson Retail Group to buy it.
The correlation of Parkson Retail 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 Parkson Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkson Retail Group 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 Parkson Retail 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 Parkson Retail position
In addition to having Parkson Retail 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Parkson Stock
To fully project Parkson Retail's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Parkson Retail Group 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 Parkson Retail's income statement, its balance sheet, and the statement of cash flows.