Econocom Group Gross Profit vs. Shares Outstanding

ECONB Stock  EUR 1.92  0.03  1.59%   
Considering Econocom Group's profitability and operating efficiency indicators, Econocom Group SANV 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 Econocom Group's ability to earn profits and add value for shareholders.
For Econocom Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Econocom Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Econocom Group SANV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Econocom Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Econocom Group SANV 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 Econocom Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Econocom Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Econocom Group'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.

Econocom Group SANV Shares Outstanding vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Econocom Group's current stock value. Our valuation model uses many indicators to compare Econocom Group value to that of its competitors to determine the firm's financial worth.
Econocom Group SANV is rated # 2 in gross profit category among its peers. It is one of the top stocks in shares outstanding category among its peers creating about  0.64  of Shares Outstanding per Gross Profit. The ratio of Gross Profit to Shares Outstanding for Econocom Group SANV is roughly  1.56 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Econocom Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Econocom Group'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.

Econocom Shares Outstanding vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Econocom Group

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
280.1 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.

Econocom Group

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
178.99 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.

Econocom Shares Outstanding Comparison

Econocom Group is currently under evaluation in shares outstanding category among its peers.

Econocom Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Econocom Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Econocom Group will eventually generate negative long term returns. The profitability progress is the general direction of Econocom Group's change in net profit over the period of time. It can combine multiple indicators of Econocom Group, 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.
Econocom Group SE conceives, finances, and facilitates the digital transformation of large firms and public organizations. The company was incorporated in 1982 and is headquartered in Puteaux, France. ECONOCOM GROUP operates under Search Cloud And Integrated IT Services classification in Belgium and is traded on Brussels Stock Exchange. It employs 8895 people.

Econocom Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Econocom Group. 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 Econocom Group 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 Econocom Group's important profitability drivers and their relationship over time.

Use Econocom Group 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 Econocom Group 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 Econocom Group will appreciate offsetting losses from the drop in the long position's value.

Econocom Group Pair Trading

Econocom Group SANV Pair Trading Analysis

The ability to find closely correlated positions to Econocom Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Econocom Group 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 Econocom Group - 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 Econocom Group SANV to buy it.
The correlation of Econocom Group 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 Econocom Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Econocom Group SANV 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 Econocom Group 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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Restaraunts Hotels Motels
Restaraunts Hotels Motels Theme
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Other Information on Investing in Econocom Stock

To fully project Econocom Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Econocom Group SANV 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 Econocom Group's income statement, its balance sheet, and the statement of cash flows.
Potential Econocom Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Econocom Group investors may work on each financial statement separately, they are all related. The changes in Econocom Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Econocom Group'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.