Oeneo SA EBITDA vs. Return On Asset
| SBT Stock | EUR 9.64 0.08 0.82% |
For Oeneo SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Oeneo SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Oeneo SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Oeneo SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Oeneo SA over time as well as its relative position and ranking within its peers.
Oeneo |
Oeneo SA Return On Asset vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Oeneo SA's current stock value. Our valuation model uses many indicators to compare Oeneo SA value to that of its competitors to determine the firm's financial worth. Oeneo SA is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of EBITDA to Return On Asset for Oeneo SA is about 1,024,864,865 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Oeneo SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Oeneo SA'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.Oeneo Return On Asset vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Oeneo SA |
| = | 68.26 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Oeneo SA |
| = | 0.0666 |
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.
Oeneo Return On Asset Comparison
Oeneo SA is currently under evaluation in return on asset category among its peers.
Oeneo SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Oeneo SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Oeneo SA will eventually generate negative long term returns. The profitability progress is the general direction of Oeneo SA's change in net profit over the period of time. It can combine multiple indicators of Oeneo SA, 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.
The Closures division manufactures and sells cork closures, including value-added technological closures under the Diam and Pietec names. The company also offers solutions in the production, maturing, preservation, and enhancement of wines or spirits. OENEO operates under Packaging classification in France and is traded on Paris Stock Exchange. It employs 1071 people.
Oeneo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Oeneo SA. 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 Oeneo SA 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 Oeneo SA's important profitability drivers and their relationship over time.
Use Oeneo SA 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 Oeneo SA 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 Oeneo SA will appreciate offsetting losses from the drop in the long position's value.Oeneo SA Pair Trading
Oeneo SA Pair Trading Analysis
The ability to find closely correlated positions to Oeneo SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oeneo SA 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 Oeneo SA - 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 Oeneo SA to buy it.
The correlation of Oeneo SA 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 Oeneo SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oeneo 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 Oeneo SA 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 Oeneo SA position
In addition to having Oeneo SA 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 41 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 Rentals Theme or any other thematic opportunities.
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Other Information on Investing in Oeneo Stock
To fully project Oeneo SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Oeneo 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 Oeneo SA's income statement, its balance sheet, and the statement of cash flows.