Scandinavian Tobacco EBITDA vs. Shares Outstanding
| STBGY Stock | USD 7.16 0.00 0.00% |
For Scandinavian Tobacco profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Scandinavian Tobacco to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Scandinavian Tobacco Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Scandinavian Tobacco's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Scandinavian Tobacco Group over time as well as its relative position and ranking within its peers.
Scandinavian |
Scandinavian Tobacco Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Scandinavian Tobacco's current stock value. Our valuation model uses many indicators to compare Scandinavian Tobacco value to that of its competitors to determine the firm's financial worth. Scandinavian Tobacco Group is rated third in ebitda category among its peers. It is rated second in shares outstanding category among its peers creating about 0.08 of Shares Outstanding per EBITDA. The ratio of EBITDA to Shares Outstanding for Scandinavian Tobacco Group is roughly 12.86 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Scandinavian Tobacco by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Scandinavian Tobacco's Pink Sheet. 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.Scandinavian Shares Outstanding vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Scandinavian Tobacco |
| = | 2.23 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Scandinavian Tobacco |
| = | 173.58 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Scandinavian Shares Outstanding Comparison
Scandinavian Tobacco is currently under evaluation in shares outstanding category among its peers.
Scandinavian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Scandinavian Tobacco. 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 Scandinavian Tobacco 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 Scandinavian Tobacco's important profitability drivers and their relationship over time.
Use Scandinavian Tobacco 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 Scandinavian Tobacco 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 Scandinavian Tobacco will appreciate offsetting losses from the drop in the long position's value.Scandinavian Tobacco Pair Trading
Scandinavian Tobacco Group Pair Trading Analysis
The ability to find closely correlated positions to Scandinavian Tobacco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Scandinavian Tobacco 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 Scandinavian Tobacco - 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 Scandinavian Tobacco Group to buy it.
The correlation of Scandinavian Tobacco 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 Scandinavian Tobacco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Scandinavian Tobacco 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 Scandinavian Tobacco 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 Scandinavian Tobacco position
In addition to having Scandinavian Tobacco 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Scandinavian Pink Sheet Analysis
When running Scandinavian Tobacco's price analysis, check to measure Scandinavian Tobacco'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 Scandinavian Tobacco is operating at the current time. Most of Scandinavian Tobacco's value examination focuses on studying past and present price action to predict the probability of Scandinavian Tobacco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandinavian Tobacco's price. Additionally, you may evaluate how the addition of Scandinavian Tobacco to your portfolios can decrease your overall portfolio volatility.