Sandvik AB Current Valuation vs. Shares Owned By Institutions
| SDVKF Stock | USD 18.27 0.04 0.22% |
For Sandvik AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sandvik AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sandvik AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sandvik AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sandvik AB over time as well as its relative position and ranking within its peers.
Sandvik |
Sandvik AB Shares Owned By Institutions vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sandvik AB's current stock value. Our valuation model uses many indicators to compare Sandvik AB value to that of its competitors to determine the firm's financial worth. Sandvik AB is rated below average in current valuation category among its peers. It is rated below average in shares owned by institutions category among its peers . The ratio of Current Valuation to Shares Owned By Institutions for Sandvik AB is about 506,315,154 . 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 Sandvik AB's earnings, one of the primary drivers of an investment's value.Sandvik Current Valuation vs. Competition
Sandvik AB is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Specialty Industrial Machinery industry is at this time estimated at about 937.51 Billion. Sandvik AB holds roughly 27.8 Billion in current valuation claiming about 2.97% of equities listed under Specialty Industrial Machinery industry.
Sandvik Shares Owned By Institutions 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.
Sandvik AB |
| = | 27.8 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.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Sandvik AB |
| = | 54.91 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Sandvik Shares Owned By Institutions Comparison
Sandvik AB is currently under evaluation in shares owned by institutions category among its peers.
Sandvik AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sandvik AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sandvik AB will eventually generate negative long term returns. The profitability progress is the general direction of Sandvik AB's change in net profit over the period of time. It can combine multiple indicators of Sandvik AB, 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.
Sandvik AB operates as an engineering company in the areas of mining and rock excavation, rock processing, manufacturing and machining, and materials technology in Sweden and internationally. The company was founded in 1862 and is headquartered in Stockholm, Sweden. SANDVIK AB operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 571 people.
Sandvik Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sandvik AB. 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 Sandvik AB 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 Sandvik AB's important profitability drivers and their relationship over time.
Use Sandvik AB 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 Sandvik AB 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 Sandvik AB will appreciate offsetting losses from the drop in the long position's value.Sandvik AB Pair Trading
Sandvik AB Pair Trading Analysis
The ability to find closely correlated positions to Sandvik AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sandvik AB 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 Sandvik AB - 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 Sandvik AB to buy it.
The correlation of Sandvik AB 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 Sandvik AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sandvik AB 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 Sandvik AB 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 Sandvik AB position
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Other Information on Investing in Sandvik Pink Sheet
To fully project Sandvik AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Sandvik AB 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 Sandvik AB's income statement, its balance sheet, and the statement of cash flows.