Scatec Solar Current Valuation vs. Net Income
SCATC Stock | NOK 78.85 0.80 1.00% |
For Scatec Solar profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scatec Solar to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scatec Solar OL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scatec Solar's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scatec Solar OL over time as well as its relative position and ranking within its peers.
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Scatec Solar OL Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scatec Solar's current stock value. Our valuation model uses many indicators to compare Scatec Solar value to that of its competitors to determine the firm's financial worth. Scatec Solar OL is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 0.01 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Scatec Solar OL is roughly 83.74 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Scatec Solar by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Scatec Solar'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.Scatec Current Valuation vs. Competition
Scatec Solar OL is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities—Renewable industry is at this time estimated at about 1.11 Trillion. Scatec Solar holds roughly 32.49 Billion in current valuation claiming about 2.93% of Utilities—Renewable industry.
Scatec Net Income 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.
Scatec Solar |
| = | 32.49 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Scatec Solar |
| = | 388 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Scatec Net Income Comparison
Scatec Solar is currently under evaluation in net income category among its peers.
Scatec Solar Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Scatec Solar, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Scatec Solar will eventually generate negative long term returns. The profitability progress is the general direction of Scatec Solar's change in net profit over the period of time. It can combine multiple indicators of Scatec Solar, 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.
Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway. SCATEC ASA is traded on Oslo Stock Exchange in Norway.
Scatec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scatec Solar. 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 Scatec Solar 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 Scatec Solar's important profitability drivers and their relationship over time.
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Other Information on Investing in Scatec Stock
To fully project Scatec Solar's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scatec Solar OL 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 Scatec Solar's income statement, its balance sheet, and the statement of cash flows.