Voestalpine Current Valuation vs. EBITDA
| VLPNF Stock | USD 21.23 0.00 0.00% |
For Voestalpine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voestalpine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voestalpine AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voestalpine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voestalpine AG over time as well as its relative position and ranking within its peers.
Voestalpine |
Voestalpine AG EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voestalpine's current stock value. Our valuation model uses many indicators to compare Voestalpine value to that of its competitors to determine the firm's financial worth. Voestalpine AG is rated first in current valuation category among its peers. It is rated first in ebitda category among its peers totaling about 0.30 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Voestalpine AG is roughly 3.32 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Voestalpine's earnings, one of the primary drivers of an investment's value.Voestalpine Current Valuation vs. Competition
Voestalpine AG is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Steel industry is at this time estimated at about 112.86 Billion. Voestalpine holds roughly 6.94 Billion in current valuation claiming about 6% of equities listed under Steel industry.
Voestalpine EBITDA 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.
Voestalpine |
| = | 6.94 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.
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.
Voestalpine |
| = | 2.09 B |
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.
Voestalpine EBITDA Comparison
Voestalpine is currently under evaluation in ebitda category among its peers.
Voestalpine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voestalpine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voestalpine will eventually generate negative long term returns. The profitability progress is the general direction of Voestalpine's change in net profit over the period of time. It can combine multiple indicators of Voestalpine, 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.
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. The Metal Forming division manufactures special tubes and sections, and precision strip steel products, as well as pre-finished system components made from pressed, stamped, and roll-profiled parts for use in automotive, white goodsconsumer goods, buildingconstruction, energy, mechanical engineering, and others. Voest Alpine operates under Steel classification in the United States and is traded on OTC Exchange. It employs 49900 people.
Voestalpine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voestalpine. 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 Voestalpine 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 Voestalpine's important profitability drivers and their relationship over time.
Use Voestalpine 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 Voestalpine 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 Voestalpine will appreciate offsetting losses from the drop in the long position's value.Voestalpine Pair Trading
Voestalpine AG Pair Trading Analysis
The ability to find closely correlated positions to Voestalpine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voestalpine 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 Voestalpine - 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 Voestalpine AG to buy it.
The correlation of Voestalpine 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 Voestalpine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voestalpine AG 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 Voestalpine 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 Voestalpine position
In addition to having Voestalpine 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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Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 46 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 Blend Funds Theme or any other thematic opportunities.
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Other Information on Investing in Voestalpine Pink Sheet
To fully project Voestalpine's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voestalpine AG 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 Voestalpine's income statement, its balance sheet, and the statement of cash flows.