Vodacom Group Current Valuation vs. Shares Outstanding
| VDMCY Stock | USD 5.74 0.11 1.95% |
For Vodacom Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Vodacom Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Vodacom Group Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Vodacom Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Vodacom Group Ltd over time as well as its relative position and ranking within its peers.
Vodacom |
Vodacom Group Shares Outstanding vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Vodacom Group's current stock value. Our valuation model uses many indicators to compare Vodacom Group value to that of its competitors to determine the firm's financial worth. Vodacom Group Ltd is rated below average in current valuation category among its peers. It is rated below average in shares outstanding category among its peers creating about 0.11 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Vodacom Group Ltd is roughly 9.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Vodacom Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Vodacom Group'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.Vodacom Current Valuation vs. Competition
Vodacom Group Ltd is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Telecom Services industry is at this time estimated at about 621.11 Billion. Vodacom Group holds roughly 15.27 Billion in current valuation claiming about 2.46% of equities listed under Telecom Services industry.
Vodacom Shares Outstanding vs. Current Valuation
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.
Vodacom Group |
| = | 15.27 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.
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.
Vodacom Group |
| = | 1.69 B |
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.
Vodacom Shares Outstanding Comparison
Vodacom Group is currently under evaluation in shares outstanding category among its peers.
Vodacom Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Vodacom Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Vodacom Group will eventually generate negative long term returns. The profitability progress is the general direction of Vodacom Group's change in net profit over the period of time. It can combine multiple indicators of Vodacom 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.
Vodacom Group Limited operates as a connectivity, digital, and financial services company in South Africa and internationally. Vodacom Group Limited is a subsidiary of Vodafone Investments SA Limited. Vodacom Group operates under Telecom Services classification in the United States and is traded on OTC Exchange.
Vodacom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Vodacom 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 Vodacom 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 Vodacom Group's important profitability drivers and their relationship over time.
Use Vodacom 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 Vodacom 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 Vodacom Group will appreciate offsetting losses from the drop in the long position's value.Vodacom Group Pair Trading
Vodacom Group Ltd Pair Trading Analysis
The ability to find closely correlated positions to Vodacom 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 Vodacom 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 Vodacom 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 Vodacom Group Ltd to buy it.
The correlation of Vodacom 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 Vodacom Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vodacom 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 Vodacom 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 Vodacom Group position
In addition to having Vodacom 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 Cleaning Thematic Idea Now
Cleaning
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 42 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 Cleaning Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Vodacom Pink Sheet Analysis
When running Vodacom Group's price analysis, check to measure Vodacom Group'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 Vodacom Group is operating at the current time. Most of Vodacom Group's value examination focuses on studying past and present price action to predict the probability of Vodacom Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vodacom Group's price. Additionally, you may evaluate how the addition of Vodacom Group to your portfolios can decrease your overall portfolio volatility.