Arendals Fossekompani Revenue vs. Net Income
| AFK Stock | NOK 144.20 6.00 4.34% |
For Arendals Fossekompani profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Arendals Fossekompani to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Arendals Fossekompani ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Arendals Fossekompani's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Arendals Fossekompani ASA over time as well as its relative position and ranking within its peers.
Arendals |
Arendals Fossekompani ASA Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Arendals Fossekompani's current stock value. Our valuation model uses many indicators to compare Arendals Fossekompani value to that of its competitors to determine the firm's financial worth. Arendals Fossekompani ASA is the top company in revenue category among its peers. It also is number one stock in net income category among its peers making up about 0.03 of Net Income per Revenue. The ratio of Revenue to Net Income for Arendals Fossekompani ASA is roughly 39.33 . 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 Arendals Fossekompani's earnings, one of the primary drivers of an investment's value.Arendals Revenue vs. Competition
Arendals Fossekompani ASA is the top company in revenue category among its peers. Market size based on revenue of Utilities industry is presently estimated at about 106.63 Billion. Arendals Fossekompani holds roughly 4.2 Billion in revenue claiming about 4% of Utilities industry.
Arendals Net Income vs. Revenue
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.
Arendals Fossekompani |
| = | 4.2 B |
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.
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.
Arendals Fossekompani |
| = | 106.71 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.
Arendals Net Income Comparison
Arendals Fossekompani is currently under evaluation in net income category among its peers.
Arendals Fossekompani Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Arendals Fossekompani, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Arendals Fossekompani will eventually generate negative long term returns. The profitability progress is the general direction of Arendals Fossekompani's change in net profit over the period of time. It can combine multiple indicators of Arendals Fossekompani, 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.
Arendals Fossekompani ASA, an industrial investment company, engages in the operating hydro power plants. Arendals Fossekompani ASA was founded in 1896 and is headquartered in Arendal, Norway. ARENDALS FOSSEKOMP operates under Electricity Distribution And Generation classification in Norway and is traded on Oslo Stock Exchange.
Arendals Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Arendals Fossekompani. 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 Arendals Fossekompani 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 Arendals Fossekompani's important profitability drivers and their relationship over time.
Use Arendals Fossekompani 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 Arendals Fossekompani 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 Arendals Fossekompani will appreciate offsetting losses from the drop in the long position's value.Arendals Fossekompani Pair Trading
Arendals Fossekompani ASA Pair Trading Analysis
The ability to find closely correlated positions to Arendals Fossekompani could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arendals Fossekompani 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 Arendals Fossekompani - 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 Arendals Fossekompani ASA to buy it.
The correlation of Arendals Fossekompani 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 Arendals Fossekompani moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arendals Fossekompani 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 Arendals Fossekompani 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 Arendals Fossekompani position
In addition to having Arendals Fossekompani 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 Arendals Stock
To fully project Arendals Fossekompani's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Arendals Fossekompani 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 Arendals Fossekompani's income statement, its balance sheet, and the statement of cash flows.