Scatec Solar Price To Sales vs. Net Income
| SCATC Stock | NOK 80.05 1.20 1.52% |
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. Price To Sales 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 as top stock in price to sales category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 86,197,321 of Net Income per Price To Sales. 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 Net Income vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 4.50 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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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In addition to having Scatec Solar 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 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.