Sonae SGPS Current Valuation vs. Return On Asset
| SON Stock | EUR 0.94 0.01 1.08% |
For Sonae SGPS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sonae SGPS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sonae SGPS SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sonae SGPS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sonae SGPS SA over time as well as its relative position and ranking within its peers.
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Sonae SGPS SA Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sonae SGPS's current stock value. Our valuation model uses many indicators to compare Sonae SGPS value to that of its competitors to determine the firm's financial worth. Sonae SGPS SA is currently regarded number one company in current valuation category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Sonae SGPS SA is about 161,611,935,121 . 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 Sonae SGPS's earnings, one of the primary drivers of an investment's value.Sonae Current Valuation vs. Competition
Sonae SGPS SA is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Department Stores industry is at this time estimated at about 38.47 Billion. Sonae SGPS retains roughly 4.01 Billion in current valuation claiming about 10% of equities under Department Stores industry.
Sonae Return On Asset 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.
Sonae SGPS |
| = | 4.01 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.
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.
Sonae SGPS |
| = | 0.0248 |
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.
Sonae Return On Asset Comparison
Sonae SGPS is currently under evaluation in return on asset category among its peers.
Sonae SGPS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sonae SGPS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sonae SGPS will eventually generate negative long term returns. The profitability progress is the general direction of Sonae SGPS's change in net profit over the period of time. It can combine multiple indicators of Sonae SGPS, 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.
Sonae, SGPS, S.A. engages in retail, financial services, technology, shopping center, and telecommunication businesses. Sonae, SGPS, S.A. was founded in 1959 and is headquartered in Maia, Portugal. SONAE operates under Department Stores classification in Exotistan and is traded on Commodity Exchange. It employs 43854 people.
Sonae Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sonae SGPS. 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 Sonae SGPS 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 Sonae SGPS's important profitability drivers and their relationship over time.
Use Sonae SGPS 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 Sonae SGPS 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 Sonae SGPS will appreciate offsetting losses from the drop in the long position's value.Sonae SGPS Pair Trading
Sonae SGPS SA Pair Trading Analysis
The ability to find closely correlated positions to Sonae SGPS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonae SGPS 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 Sonae SGPS - 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 Sonae SGPS SA to buy it.
The correlation of Sonae SGPS 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 Sonae SGPS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonae SGPS SA 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 Sonae SGPS 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 Sonae SGPS position
In addition to having Sonae SGPS 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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Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 constituents at this time.
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Additional Tools for Sonae Stock Analysis
When running Sonae SGPS's price analysis, check to measure Sonae SGPS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonae SGPS is operating at the current time. Most of Sonae SGPS's value examination focuses on studying past and present price action to predict the probability of Sonae SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonae SGPS's price. Additionally, you may evaluate how the addition of Sonae SGPS to your portfolios can decrease your overall portfolio volatility.