Qantas Airways Current Valuation vs. Revenue
| QAN Stock | 9.23 0.05 0.54% |
For Qantas Airways profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Qantas Airways to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Qantas Airways utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Qantas Airways's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Qantas Airways over time as well as its relative position and ranking within its peers.
Qantas |
Qantas Airways Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Qantas Airways's current stock value. Our valuation model uses many indicators to compare Qantas Airways value to that of its competitors to determine the firm's financial worth. Qantas Airways is currently regarded number one company in current valuation category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 1.16 of Revenue per Current Valuation. 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 Qantas Airways' earnings, one of the primary drivers of an investment's value.Qantas Current Valuation vs. Competition
Qantas Airways is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 83.92 Billion. Qantas Airways totals roughly 18.65 Billion in current valuation claiming about 22% of equities under Industrials industry.
Qantas Revenue 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.
Qantas Airways |
| = | 18.65 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Qantas Airways |
| = | 21.62 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Qantas Revenue vs Competition
Qantas Airways is currently regarded number one company in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 39.73 Billion. Qantas Airways totals roughly 21.62 Billion in revenue claiming about 54% of equities under Industrials industry.
Qantas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Qantas Airways. 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 Qantas Airways 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 Qantas Airways' important profitability drivers and their relationship over time.
Use Qantas Airways 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 Qantas Airways 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 Qantas Airways will appreciate offsetting losses from the drop in the long position's value.Qantas Airways Pair Trading
Qantas Airways Pair Trading Analysis
The ability to find closely correlated positions to Qantas Airways could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Qantas Airways 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 Qantas Airways - 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 Qantas Airways to buy it.
The correlation of Qantas Airways 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 Qantas Airways moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Qantas Airways 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 Qantas Airways 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 Qantas Airways position
In addition to having Qantas Airways 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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Additional Tools for Qantas Stock Analysis
When running Qantas Airways' price analysis, check to measure Qantas Airways' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.