Strix Group Return On Equity vs. Current Valuation
| SG9 Stock | EUR 0.70 0.01 1.41% |
For Strix Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Strix Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Strix Group Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Strix Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Strix Group Plc over time as well as its relative position and ranking within its peers.
Strix |
Strix Group Plc Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Strix Group's current stock value. Our valuation model uses many indicators to compare Strix Group value to that of its competitors to determine the firm's financial worth. Strix Group Plc is currently regarded as top stock in return on equity category among its peers. It is rated fifth in current valuation category among its peers reporting about 3,339,565 of Current Valuation per Return On Equity. 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 Strix Group's earnings, one of the primary drivers of an investment's value.Strix Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Strix Group |
| = | 259.98 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Strix Group |
| = | 868.22 M |
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.
Strix Current Valuation vs Competition
Strix Group Plc is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Components industry is at this time estimated at about 454.84 Billion. Strix Group adds roughly 868.22 Million in current valuation claiming only tiny portion of equities under Electronic Components industry.
Strix Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Strix Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Strix Group will eventually generate negative long term returns. The profitability progress is the general direction of Strix Group's change in net profit over the period of time. It can combine multiple indicators of Strix Group, 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.
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. Strix Group Plc was incorporated in 2017 and is headquartered in Isle of Man, the United Kingdom. STRIX GROUP operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 850 people.
Strix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Strix Group. 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 Strix Group 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 Strix Group's important profitability drivers and their relationship over time.
Use Strix Group 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 Strix Group 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 Strix Group will appreciate offsetting losses from the drop in the long position's value.Strix Group Pair Trading
Strix Group Plc Pair Trading Analysis
The ability to find closely correlated positions to Strix Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strix Group 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 Strix Group - 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 Strix Group Plc to buy it.
The correlation of Strix Group 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 Strix Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strix Group Plc 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 Strix Group 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 Strix Group position
In addition to having Strix Group 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming 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 Farming Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Strix Stock
To fully project Strix Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Strix Group Plc 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 Strix Group's income statement, its balance sheet, and the statement of cash flows.