Thunderful Group Return On Equity vs. Current Valuation
| THUNDR Stock | SEK 0.85 0.04 4.49% |
For Thunderful Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thunderful Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thunderful Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thunderful Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thunderful Group AB over time as well as its relative position and ranking within its peers.
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Thunderful Group Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thunderful Group's current stock value. Our valuation model uses many indicators to compare Thunderful Group value to that of its competitors to determine the firm's financial worth. Thunderful Group AB is rated fourth in return on equity category among its peers. It is rated below average in current valuation category among its peers reporting about 67,350,163,504 of Current Valuation per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Thunderful Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thunderful Group'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.Thunderful Current Valuation vs. Return On Equity
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.
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| = | 0.0234 |
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.
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.
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| = | 1.58 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.
Thunderful Current Valuation vs Competition
Thunderful Group AB is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Gaming & Multimedia industry is at this time estimated at about 122.82 Billion. Thunderful Group claims roughly 1.58 Billion in current valuation contributing just under 2% to equities under Electronic Gaming & Multimedia industry.
Thunderful Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thunderful Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thunderful Group will eventually generate negative long term returns. The profitability progress is the general direction of Thunderful Group's change in net profit over the period of time. It can combine multiple indicators of Thunderful Group, 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.
Thunderful Group AB develops and publishes personal computer, console, and mobile games in Sweden and internationally. The company was founded in 1965 and is headquartered in Gothenburg, Sweden. Thunderful Group is traded on Stockholm Stock Exchange in Sweden.
Thunderful Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thunderful Group. 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 Thunderful Group 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 Thunderful Group's important profitability drivers and their relationship over time.
Use Thunderful Group 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 Thunderful Group 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 Thunderful Group will appreciate offsetting losses from the drop in the long position's value.Thunderful Group Pair Trading
Thunderful Group AB Pair Trading Analysis
The ability to find closely correlated positions to Thunderful Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thunderful Group 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 Thunderful Group - 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 Thunderful Group AB to buy it.
The correlation of Thunderful Group 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 Thunderful Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thunderful Group 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 Thunderful Group 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 Thunderful Group position
In addition to having Thunderful Group 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 Small Value Funds Thematic Idea Now
Small Value Funds
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 38 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 Small Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Thunderful Stock
To fully project Thunderful Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thunderful Group 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 Thunderful Group's income statement, its balance sheet, and the statement of cash flows.