Addtech AB Price To Earning vs. Cash Per Share
ADDT-B Stock | SEK 319.20 6.00 1.92% |
For Addtech AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Addtech AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Addtech AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Addtech AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Addtech AB over time as well as its relative position and ranking within its peers.
Addtech |
Addtech AB Cash Per Share vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Addtech AB's current stock value. Our valuation model uses many indicators to compare Addtech AB value to that of its competitors to determine the firm's financial worth. Addtech AB is number one stock in price to earning category among its peers. It also is number one stock in cash per share category among its peers fabricating about 0.15 of Cash Per Share per Price To Earning. The ratio of Price To Earning to Cash Per Share for Addtech AB is roughly 6.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Addtech AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Addtech AB's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Addtech Cash Per Share vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Addtech AB |
| = | 23.50 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Addtech AB |
| = | 3.47 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Addtech Cash Per Share Comparison
Addtech AB is currently under evaluation in cash per share category among its peers.
Addtech AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Addtech AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Addtech AB will eventually generate negative long term returns. The profitability progress is the general direction of Addtech AB's change in net profit over the period of time. It can combine multiple indicators of Addtech AB, 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.
Addtech AB operates as a technology trading company in Sweden, Denmark, Finland, Norway, and internationally. The company was founded in 1906 and is headquartered in Stockholm, Sweden. Addtech AB operates under Industrial Distribution classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2896 people.
Addtech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Addtech AB. 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 Addtech AB 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 Addtech AB's important profitability drivers and their relationship over time.
Use Addtech AB 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 Addtech AB 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 Addtech AB will appreciate offsetting losses from the drop in the long position's value.Addtech AB Pair Trading
Addtech AB Pair Trading Analysis
The ability to find closely correlated positions to Addtech AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addtech AB 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 Addtech AB - 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 Addtech AB to buy it.
The correlation of Addtech AB 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 Addtech AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addtech AB 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 Addtech AB 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 Addtech AB position
In addition to having Addtech AB 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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Other Information on Investing in Addtech Stock
To fully project Addtech AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Addtech AB 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 Addtech AB's income statement, its balance sheet, and the statement of cash flows.