Storytel Gross Profit vs. Revenue
| STORY-B Stock | SEK 61.20 0.40 0.66% |
For Storytel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Storytel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Storytel AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Storytel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Storytel AB over time as well as its relative position and ranking within its peers.
Storytel |
Storytel AB Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Storytel's current stock value. Our valuation model uses many indicators to compare Storytel value to that of its competitors to determine the firm's financial worth. Storytel AB is currently regarded as top stock in gross profit category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 2.59 of Revenue per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Storytel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Storytel'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.Storytel Revenue vs. Gross Profit
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.
Storytel |
| = | 1.01 B |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Storytel |
| = | 2.62 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Storytel Revenue vs Competition
Storytel AB is currently regarded number one company in revenue category among its peers. Market size based on revenue of Software - Application industry is at this time estimated at about 42.52 Billion. Storytel holds roughly 2.62 Billion in revenue claiming about 6% of equities listed under Software - Application industry.
Storytel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Storytel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Storytel will eventually generate negative long term returns. The profitability progress is the general direction of Storytel's change in net profit over the period of time. It can combine multiple indicators of Storytel, 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.
Storytel AB provides audio books and e-books streaming services. It operates in Sweden, Norway, Denmark, Finland, Iceland, the Netherlands, Poland, Russia, Spain, India, the United Arab Emirates, Turkey, Italy, Mexico, Bulgaria, and internationally. Storytel is traded on Stockholm Stock Exchange in Sweden.
Storytel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Storytel. 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 Storytel 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 Storytel's important profitability drivers and their relationship over time.
Use Storytel 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 Storytel 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 Storytel will appreciate offsetting losses from the drop in the long position's value.Storytel Pair Trading
Storytel AB Pair Trading Analysis
The ability to find closely correlated positions to Storytel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Storytel 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 Storytel - 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 Storytel AB to buy it.
The correlation of Storytel 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 Storytel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Storytel AB 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 Storytel 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 Storytel position
In addition to having Storytel 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 Pharmaceutical Products Thematic Idea Now
Pharmaceutical Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 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 Pharmaceutical Products Theme or any other thematic opportunities.
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Other Information on Investing in Storytel Stock
To fully project Storytel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Storytel AB 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 Storytel's income statement, its balance sheet, and the statement of cash flows.