Catenon SA Price To Book vs. Current Valuation
| COM Stock | EUR 0.71 0.02 2.74% |
For Catenon SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Catenon SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Catenon SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Catenon SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Catenon SA over time as well as its relative position and ranking within its peers.
Catenon |
Catenon SA Current Valuation vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Catenon SA's current stock value. Our valuation model uses many indicators to compare Catenon SA value to that of its competitors to determine the firm's financial worth. Catenon SA is number one stock in price to book category among its peers. It also is the top company in current valuation category among its peers reporting about 3,194,250 of Current Valuation per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Catenon SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Catenon SA'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.Catenon Current Valuation vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Catenon SA |
| = | 9.18 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Catenon SA |
| = | 29.33 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Catenon Current Valuation vs Competition
Catenon SA is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Staffing & Outsourcing Services industry is currently estimated at about 190.3 Million. Catenon SA retains roughly 29.33 Million in current valuation claiming about 15% of equities listed under Staffing & Outsourcing Services industry.
Catenon SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Catenon SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Catenon SA will eventually generate negative long term returns. The profitability progress is the general direction of Catenon SA's change in net profit over the period of time. It can combine multiple indicators of Catenon SA, 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.
Ctenon, S.A., a technology based company, provides recruitment services in Europe, Asia, the United States, Oceania, and Africa. Ctenon, S.A. was founded in 2000 and is headquartered in Madrid, Spain. CATENON S operates under Staffing Outsourcing Services classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 87 people.
Catenon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Catenon SA. 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 Catenon SA 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 Catenon SA's important profitability drivers and their relationship over time.
Use Catenon SA 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 Catenon SA 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 Catenon SA will appreciate offsetting losses from the drop in the long position's value.Catenon SA Pair Trading
Catenon SA Pair Trading Analysis
The ability to find closely correlated positions to Catenon SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Catenon SA 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 Catenon SA - 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 Catenon SA to buy it.
The correlation of Catenon SA 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 Catenon SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Catenon SA 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 Catenon SA 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 Catenon SA position
In addition to having Catenon SA 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 Catenon Stock
To fully project Catenon SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Catenon SA 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 Catenon SA's income statement, its balance sheet, and the statement of cash flows.