Scanfil Oyj Return On Asset vs. Profit Margin
| SCANFL Stock | EUR 8.10 0.20 2.41% |
For Scanfil Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scanfil Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scanfil Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scanfil Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scanfil Oyj over time as well as its relative position and ranking within its peers.
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Scanfil Oyj Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scanfil Oyj's current stock value. Our valuation model uses many indicators to compare Scanfil Oyj value to that of its competitors to determine the firm's financial worth. Scanfil Oyj is currently regarded as top stock in return on asset category among its peers. It also is currently regarded as top stock in profit margin category among its peers fabricating about 0.76 of Profit Margin per Return On Asset. The ratio of Return On Asset to Profit Margin for Scanfil Oyj is roughly 1.31 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Scanfil Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Scanfil Oyj'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.Scanfil Profit Margin vs. Return On Asset
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.
Scanfil Oyj |
| = | 0.0535 |
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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Scanfil Oyj |
| = | 0.04 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Scanfil Profit Margin Comparison
Scanfil Oyj is currently under evaluation in profit margin category among its peers.
Scanfil Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Scanfil Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Scanfil Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Scanfil Oyj's change in net profit over the period of time. It can combine multiple indicators of Scanfil Oyj, 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.
Scanfil Oyj operates as a contract manufacturer and system supplier for the electronics industry worldwide. The company was founded in 1976 and is headquartered in Sievi, Finland. Scanfil Plc is traded on Helsinki Exchange in Finland.
Scanfil Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scanfil Oyj. 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 Scanfil Oyj 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 Scanfil Oyj's important profitability drivers and their relationship over time.
Use Scanfil Oyj 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 Scanfil Oyj 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 Scanfil Oyj will appreciate offsetting losses from the drop in the long position's value.Scanfil Oyj Pair Trading
Scanfil Oyj Pair Trading Analysis
The ability to find closely correlated positions to Scanfil Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scanfil Oyj 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 Scanfil Oyj - 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 Scanfil Oyj to buy it.
The correlation of Scanfil Oyj 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 Scanfil Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scanfil Oyj 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 Scanfil Oyj 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 Scanfil Oyj position
In addition to having Scanfil Oyj 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 Scanfil Stock
To fully project Scanfil Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scanfil Oyj 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 Scanfil Oyj's income statement, its balance sheet, and the statement of cash flows.