Aerojet Rocketdyne EBITDA vs. Price To Earning
| AJRDDelisted Stock | USD 56.22 0.02 0.04% |
For Aerojet Rocketdyne profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Aerojet Rocketdyne to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Aerojet Rocketdyne Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Aerojet Rocketdyne's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Aerojet Rocketdyne Holdings over time as well as its relative position and ranking within its peers.
Aerojet |
Aerojet Rocketdyne Price To Earning vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Aerojet Rocketdyne's current stock value. Our valuation model uses many indicators to compare Aerojet Rocketdyne value to that of its competitors to determine the firm's financial worth. Aerojet Rocketdyne Holdings is rated fifth in ebitda category among its peers. It also is rated fifth in price to earning category among its peers . The ratio of EBITDA to Price To Earning for Aerojet Rocketdyne Holdings is about 5,745,755 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Aerojet Rocketdyne by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Aerojet Price To Earning vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Aerojet Rocketdyne |
| = | 250.4 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Aerojet Rocketdyne |
| = | 43.58 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.
Aerojet Price To Earning Comparison
Aerojet Rocketdyne is currently under evaluation in price to earning category among its peers.
Aerojet Rocketdyne Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Aerojet Rocketdyne, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Aerojet Rocketdyne will eventually generate negative long term returns. The profitability progress is the general direction of Aerojet Rocketdyne's change in net profit over the period of time. It can combine multiple indicators of Aerojet Rocketdyne, 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.
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Aerojet Rocketdyne operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 5000 people.
Aerojet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Aerojet Rocketdyne. 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 Aerojet Rocketdyne 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 Aerojet Rocketdyne's important profitability drivers and their relationship over time.
Use Aerojet Rocketdyne 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 Aerojet Rocketdyne 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 Aerojet Rocketdyne will appreciate offsetting losses from the drop in the long position's value.Aerojet Rocketdyne Pair Trading
Aerojet Rocketdyne Holdings Pair Trading Analysis
The ability to find closely correlated positions to Aerojet Rocketdyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aerojet Rocketdyne 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 Aerojet Rocketdyne - 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 Aerojet Rocketdyne Holdings to buy it.
The correlation of Aerojet Rocketdyne 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 Aerojet Rocketdyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aerojet Rocketdyne 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 Aerojet Rocketdyne 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 Aerojet Rocketdyne position
In addition to having Aerojet Rocketdyne 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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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Aerojet Stock
If you are still planning to invest in Aerojet Rocketdyne check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aerojet Rocketdyne's history and understand the potential risks before investing.
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