AENA SME Book Value Per Share vs. Market Capitalization

A440 Stock  EUR 19.80  0.20  1.00%   
Based on the measurements of profitability obtained from AENA SME's financial statements, AENA SME UNSPADR110 may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess AENA SME's ability to earn profits and add value for shareholders.
For AENA SME profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AENA SME to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AENA SME UNSPADR110 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AENA SME's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AENA SME UNSPADR110 over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between AENA SME's value and its price as these two are different measures arrived at by different means. Investors typically determine if AENA SME is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AENA SME's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

AENA SME UNSPADR110 Market Capitalization vs. Book Value Per Share Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AENA SME's current stock value. Our valuation model uses many indicators to compare AENA SME value to that of its competitors to determine the firm's financial worth.
AENA SME UNSPADR110 is number one stock in book value per share category among its peers. It also is number one stock in market capitalization category among its peers creating about  4,651,298,869  of Market Capitalization per Book Value Per Share. 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 AENA SME's earnings, one of the primary drivers of an investment's value.

AENA Market Capitalization vs. Book Value Per Share

Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

AENA SME

Book Value per Share

 = 

Common Equity

Average Shares

 = 
4.54 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

AENA SME

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
21.1 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

AENA Market Capitalization vs Competition

AENA SME UNSPADR110 is number one stock in market capitalization category among its peers. Market capitalization of Airports & Air Services industry is presently estimated at about 26.86 Billion. AENA SME totals roughly 21.1 Billion in market capitalization claiming about 79% of stocks in Airports & Air Services industry.
Capitalization  Revenue  Workforce  Total debt  Valuation

AENA Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AENA SME. 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 AENA SME 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 AENA SME's important profitability drivers and their relationship over time.

Use AENA SME 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 AENA SME 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 AENA SME will appreciate offsetting losses from the drop in the long position's value.

AENA SME Pair Trading

AENA SME UNSPADR110 Pair Trading Analysis

The ability to find closely correlated positions to AENA SME could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AENA SME 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 AENA SME - 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 AENA SME UNSPADR110 to buy it.
The correlation of AENA SME 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 AENA SME moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AENA SME UNSPADR110 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 AENA SME 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AENA SME position

In addition to having AENA SME 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 Basic Utilities Thematic Idea Now

Basic Utilities
Basic Utilities Theme
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 37 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 Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in AENA Stock

To fully project AENA SME's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AENA SME UNSPADR110 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 AENA SME's income statement, its balance sheet, and the statement of cash flows.
Potential AENA SME investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AENA SME investors may work on each financial statement separately, they are all related. The changes in AENA SME's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AENA SME's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.