Steadfast Group Price To Sales vs. Revenue
| 1S6 Stock | EUR 3.42 0.02 0.58% |
For Steadfast Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Steadfast Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Steadfast Group Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Steadfast Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Steadfast Group Limited over time as well as its relative position and ranking within its peers.
Steadfast |
Steadfast Group Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Steadfast Group's current stock value. Our valuation model uses many indicators to compare Steadfast Group value to that of its competitors to determine the firm's financial worth. Steadfast Group Limited is rated fourth in price to sales category among its peers. It is rated below average in revenue category among its peers totaling about 285,433,388 of Revenue per Price To Sales. 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 Steadfast Group's earnings, one of the primary drivers of an investment's value.Steadfast Revenue vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Steadfast Group |
| = | 3.10 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Steadfast Group |
| = | 885.5 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Steadfast Revenue vs Competition
Steadfast Group Limited is rated below average in revenue category among its peers. Market size based on revenue of Insurance Brokers industry is presently estimated at about 52.78 Billion. Steadfast Group claims roughly 885.5 Million in revenue contributing just under 2% to equities under Insurance Brokers industry.
Steadfast Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Steadfast Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Steadfast Group will eventually generate negative long term returns. The profitability progress is the general direction of Steadfast Group's change in net profit over the period of time. It can combine multiple indicators of Steadfast 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.
Steadfast Group Limited provides general insurance brokerage services Australasia, Asia, and Europe. Steadfast Group Limited was founded in 1996 and is based in Sydney, Australia. STEADFAST GROUP operates under Insurance Brokers classification in Germany and is traded on Frankfurt Stock Exchange.
Steadfast Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Steadfast 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 Steadfast 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 Steadfast Group's important profitability drivers and their relationship over time.
Use Steadfast 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 Steadfast 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 Steadfast Group will appreciate offsetting losses from the drop in the long position's value.Steadfast Group Pair Trading
Steadfast Group Limited Pair Trading Analysis
The ability to find closely correlated positions to Steadfast 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 Steadfast 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 Steadfast 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 Steadfast Group Limited to buy it.
The correlation of Steadfast 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 Steadfast Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Steadfast 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 Steadfast 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 Steadfast Group position
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Other Information on Investing in Steadfast Stock
To fully project Steadfast Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Steadfast 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 Steadfast Group's income statement, its balance sheet, and the statement of cash flows.