Spirax Sarco Current Valuation vs. Gross Profit
| SPX Stock | 7,170 10.00 0.14% |
For Spirax Sarco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spirax Sarco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spirax Sarco Engineering PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spirax Sarco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spirax Sarco Engineering PLC over time as well as its relative position and ranking within its peers.
Spirax |
Spirax Sarco Enginee Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spirax Sarco's current stock value. Our valuation model uses many indicators to compare Spirax Sarco value to that of its competitors to determine the firm's financial worth. Spirax Sarco Engineering PLC is rated second in current valuation category among its peers. It is rated below average in gross profit category among its peers fabricating about 0.05 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for Spirax Sarco Engineering PLC is roughly 18.31 . At present, Spirax Sarco's Gross Profit is projected to increase significantly based on the last few years of reporting. 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 Spirax Sarco's earnings, one of the primary drivers of an investment's value.Spirax Current Valuation vs. Competition
Spirax Sarco Engineering PLC is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 379.95 Billion. Spirax Sarco claims roughly 6.09 Billion in current valuation contributing just under 2% to equities under Industrials industry.
Spirax Gross Profit 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.
Spirax Sarco |
| = | 6.09 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Spirax Sarco |
| = | 332.8 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Spirax Gross Profit Comparison
Spirax Sarco is currently under evaluation in gross profit category among its peers.
Spirax Sarco Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spirax Sarco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spirax Sarco will eventually generate negative long term returns. The profitability progress is the general direction of Spirax Sarco's change in net profit over the period of time. It can combine multiple indicators of Spirax Sarco, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -57.3 M | -60.2 M | |
| Operating Income | 298.4 M | 313.3 M | |
| Income Before Tax | 244.5 M | 256.7 M | |
| Total Other Income Expense Net | -53.9 M | -51.2 M | |
| Net Income | 183.6 M | 111.9 M | |
| Income Tax Expense | 60.5 M | 30.8 M | |
| Net Income Applicable To Common Shares | 258.4 M | 271.3 M | |
| Net Income From Continuing Ops | 184 M | 178.7 M | |
| Net Interest Income | -39.9 M | -37.9 M | |
| Interest Income | 11.3 M | 11.9 M | |
| Change To Netincome | 31.4 M | 33 M |
Spirax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spirax Sarco. 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 Spirax Sarco 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 Spirax Sarco's important profitability drivers and their relationship over time.
Use Spirax Sarco 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 Spirax Sarco 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 Spirax Sarco will appreciate offsetting losses from the drop in the long position's value.Spirax Sarco Pair Trading
Spirax Sarco Engineering PLC Pair Trading Analysis
The ability to find closely correlated positions to Spirax Sarco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spirax Sarco 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 Spirax Sarco - 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 Spirax Sarco Engineering PLC to buy it.
The correlation of Spirax Sarco 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 Spirax Sarco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spirax Sarco Enginee 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 Spirax Sarco 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 Spirax Sarco position
In addition to having Spirax Sarco 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 Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 35 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 Money Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Spirax Stock
To fully project Spirax Sarco's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Spirax Sarco Enginee 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 Spirax Sarco's income statement, its balance sheet, and the statement of cash flows.