Adriatic Metals Current Valuation vs. Return On Equity
| 3FN Stock | EUR 2.38 0.06 2.46% |
For Adriatic Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Adriatic Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Adriatic Metals Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Adriatic Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Adriatic Metals Plc over time as well as its relative position and ranking within its peers.
Adriatic |
Adriatic Metals Plc Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Adriatic Metals's current stock value. Our valuation model uses many indicators to compare Adriatic Metals value to that of its competitors to determine the firm's financial worth. Adriatic Metals Plc is rated fifth in current valuation category among its peers. It is rated below average in return on equity category among its peers . 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 Adriatic Metals' earnings, one of the primary drivers of an investment's value.Adriatic Current Valuation vs. Competition
Adriatic Metals Plc is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other Industrial Metals & Mining industry is presently estimated at about 177.24 Billion. Adriatic Metals adds roughly 495.6 Million in current valuation claiming only tiny portion of all equities under Other Industrial Metals & Mining industry.
Adriatic Return On Equity 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.
Adriatic Metals |
| = | 495.6 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.
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.
Adriatic Metals |
| = | -0.13 |
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.
Adriatic Return On Equity Comparison
Adriatic Metals is rated below average in return on equity category among its peers.
Adriatic Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Adriatic Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Adriatic Metals will eventually generate negative long term returns. The profitability progress is the general direction of Adriatic Metals' change in net profit over the period of time. It can combine multiple indicators of Adriatic Metals, 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.
Adriatic Metals PLC, through its subsidiaries, engages in the mineral exploration and development business in Bosnia and Herzegovina. The company was incorporated in 2017 and is based in Cheltenham, the United Kingdom. ADRIATIC METALS operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. It employs 73 people.
Adriatic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Adriatic Metals. 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 Adriatic Metals 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 Adriatic Metals' important profitability drivers and their relationship over time.
Use Adriatic Metals 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 Adriatic Metals 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 Adriatic Metals will appreciate offsetting losses from the drop in the long position's value.Adriatic Metals Pair Trading
Adriatic Metals Plc Pair Trading Analysis
The ability to find closely correlated positions to Adriatic Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adriatic Metals 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 Adriatic Metals - 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 Adriatic Metals Plc to buy it.
The correlation of Adriatic Metals 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 Adriatic Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adriatic Metals Plc 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 Adriatic Metals 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 Adriatic Metals position
In addition to having Adriatic Metals 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 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 Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Adriatic Stock
To fully project Adriatic Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Adriatic Metals Plc 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 Adriatic Metals' income statement, its balance sheet, and the statement of cash flows.