Arendals Fossekompani Shares Outstanding vs. Price To Earning

AFK Stock  NOK 144.20  6.00  4.34%   
Considering the key profitability indicators obtained from Arendals Fossekompani's historical financial statements, Arendals Fossekompani ASA 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 Arendals Fossekompani's ability to earn profits and add value for shareholders.
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.
  
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Please note, there is a significant difference between Arendals Fossekompani's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arendals Fossekompani is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arendals Fossekompani'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.

Arendals Fossekompani ASA Price To Earning vs. Shares Outstanding 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 number one stock in shares outstanding category among its peers. It also is number one stock in price to earning category among its peers . The ratio of Shares Outstanding to Price To Earning for Arendals Fossekompani ASA is about  997,735 . 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 Price To Earning vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Arendals Fossekompani

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
54.9 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Arendals Fossekompani

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
55.02 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.

Arendals Price To Earning Comparison

Arendals Fossekompani is currently under evaluation in price to earning 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.
Pair CorrelationCorrelation Matching

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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.
Potential Arendals Fossekompani investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Arendals Fossekompani investors may work on each financial statement separately, they are all related. The changes in Arendals Fossekompani's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Arendals Fossekompani'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.