Teladoc Health EBITDA vs. Return On Equity
| T2DH34 Stock | BRL 2.40 0.03 1.27% |
For Teladoc Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Teladoc Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Teladoc Health utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Teladoc Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Teladoc Health over time as well as its relative position and ranking within its peers.
Teladoc |
Teladoc Health Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Teladoc Health's current stock value. Our valuation model uses many indicators to compare Teladoc Health value to that of its competitors to determine the firm's financial worth. Teladoc Health is rated third in ebitda category among its peers. It is currently regarded as top stock in return on equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Teladoc Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Teladoc Health'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.Teladoc Return On Equity 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.
Teladoc Health |
| = | (84.67 M) |
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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Teladoc Health |
| = | -0.89 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Teladoc Return On Equity Comparison
Teladoc Health is currently under evaluation in return on equity category among its peers.
Teladoc Health Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Teladoc Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Teladoc Health will eventually generate negative long term returns. The profitability progress is the general direction of Teladoc Health's change in net profit over the period of time. It can combine multiple indicators of Teladoc Health, 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.
Teladoc Health, Inc. provides virtual healthcare services on a business-to-business basis in the United States and internationally. Teladoc Health, Inc. was Incorporated in 2002 and is headquartered in Purchase, New York. TELADOCHEALTDRN operates under Health Information Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3652 people.
Teladoc Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Teladoc Health. 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 Teladoc Health 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 Teladoc Health's important profitability drivers and their relationship over time.
Use Teladoc Health 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 Teladoc Health 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 Teladoc Health will appreciate offsetting losses from the drop in the long position's value.Teladoc Health Pair Trading
Teladoc Health Pair Trading Analysis
The ability to find closely correlated positions to Teladoc Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teladoc Health 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 Teladoc Health - 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 Teladoc Health to buy it.
The correlation of Teladoc Health 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 Teladoc Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teladoc Health 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 Teladoc Health 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 Teladoc Health position
In addition to having Teladoc Health 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 Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 43 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 Farming Theme or any other thematic opportunities.
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Other Information on Investing in Teladoc Stock
To fully project Teladoc Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Teladoc Health 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 Teladoc Health's income statement, its balance sheet, and the statement of cash flows.