Scandinavian Tobacco Net Income vs. Profit Margin
| STG Stock | DKK 97.80 0.70 0.71% |
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 Profit Margin vs. Net Income 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 currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in profit margin category among its peers . The ratio of Net Income to Profit Margin for Scandinavian Tobacco Group is about 9,006,476,684 . 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 Stock. 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 Profit Margin vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Scandinavian Tobacco |
| = | 1.39 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Scandinavian Tobacco |
| = | 0.15 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Scandinavian Profit Margin Comparison
Scandinavian Tobacco is currently under evaluation in profit margin category among its peers.
Scandinavian Tobacco Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Scandinavian Tobacco, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Scandinavian Tobacco will eventually generate negative long term returns. The profitability progress is the general direction of Scandinavian Tobacco's change in net profit over the period of time. It can combine multiple indicators of Scandinavian Tobacco, 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.
Scandinavian Tobacco Group AS manufactures and sells handmade and machine-made cigars, and pipe tobacco worldwide. The company was founded in 1750 and is headquartered in Sborg, Denmark. Scandinavian Tobacco operates under Tobacco classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 7300 people.
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?
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Other Information on Investing in Scandinavian Stock
To fully project Scandinavian Tobacco's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Scandinavian Tobacco 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 Scandinavian Tobacco's income statement, its balance sheet, and the statement of cash flows.