Zalaris ASA Current Valuation vs. Net Income
| ZAL Stock | NOK 68.00 2.00 3.03% |
For Zalaris ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zalaris ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zalaris ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zalaris ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zalaris ASA over time as well as its relative position and ranking within its peers.
Zalaris |
Zalaris ASA Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zalaris ASA's current stock value. Our valuation model uses many indicators to compare Zalaris ASA value to that of its competitors to determine the firm's financial worth. Zalaris ASA is rated first in current valuation category among its peers. It is rated first in net income category among its peers making up about 0.01 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Zalaris ASA is roughly 67.29 . 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 Zalaris ASA's earnings, one of the primary drivers of an investment's value.Zalaris Current Valuation vs. Competition
Zalaris ASA is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 23.52 Billion. Zalaris ASA holds roughly 862.09 Million in current valuation claiming about 4% of equities under Industrials industry.
Zalaris Net Income 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.
Zalaris ASA |
| = | 862.09 M |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Zalaris ASA |
| = | 12.81 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Zalaris Net Income Comparison
Zalaris ASA is currently under evaluation in net income category among its peers.
Zalaris ASA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zalaris ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zalaris ASA will eventually generate negative long term returns. The profitability progress is the general direction of Zalaris ASA's change in net profit over the period of time. It can combine multiple indicators of Zalaris ASA, 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.
Zalaris ASA provides full-service outsourced personnel and payroll services in Norway, Sweden, Denmark, Finland, and internationally. Zalaris ASA was founded in 2000 and is headquartered in Oslo, Norway. ZALARIS ASA operates under Staffing Outsourcing Services classification in Norway and is traded on Oslo Stock Exchange. It employs 837 people.
Zalaris Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zalaris ASA. 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 Zalaris ASA 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 Zalaris ASA's important profitability drivers and their relationship over time.
Use Zalaris ASA 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 Zalaris ASA 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 Zalaris ASA will appreciate offsetting losses from the drop in the long position's value.Zalaris ASA Pair Trading
Zalaris ASA Pair Trading Analysis
The ability to find closely correlated positions to Zalaris ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zalaris ASA 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 Zalaris ASA - 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 Zalaris ASA to buy it.
The correlation of Zalaris ASA 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 Zalaris ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zalaris ASA 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 Zalaris ASA 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 Zalaris ASA position
In addition to having Zalaris ASA 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 Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods 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 Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in Zalaris Stock
To fully project Zalaris ASA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zalaris ASA 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 Zalaris ASA's income statement, its balance sheet, and the statement of cash flows.