Elisa Oyj Revenue vs. Net Income
| ELISA Stock | EUR 42.86 0.06 0.14% |
For Elisa Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Elisa Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Elisa Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Elisa Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Elisa Oyj over time as well as its relative position and ranking within its peers.
Elisa |
Elisa Oyj Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Elisa Oyj's current stock value. Our valuation model uses many indicators to compare Elisa Oyj value to that of its competitors to determine the firm's financial worth. Elisa Oyj is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in net income category among its peers making up about 0.18 of Net Income per Revenue. The ratio of Revenue to Net Income for Elisa Oyj is roughly 5.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Elisa Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Elisa Oyj'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.Elisa Revenue vs. Competition
Elisa Oyj is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Communication Services industry is currently estimated at about 147.27 Billion. Elisa Oyj claims roughly 2.13 Billion in revenue contributing just under 2% to stocks in Communication Services industry.
Elisa 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.
Elisa Oyj |
| = | 2.13 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.
Elisa Oyj |
| = | 374.1 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.
Elisa Net Income Comparison
Elisa Oyj is currently under evaluation in net income category among its peers.
Elisa Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Elisa Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Elisa Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Elisa Oyj's change in net profit over the period of time. It can combine multiple indicators of Elisa Oyj, 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.
Elisa Oyj provides data communications and digital services. Elisa Oyj was founded in 1882 and is headquartered in Helsinki, Finland. Elisa operates under Telecom Services classification in Finland and is traded on Helsinki Exchange. It employs 5478 people.
Elisa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Elisa Oyj. 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 Elisa Oyj 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 Elisa Oyj's important profitability drivers and their relationship over time.
Use Elisa Oyj 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 Elisa Oyj 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 Elisa Oyj will appreciate offsetting losses from the drop in the long position's value.Elisa Oyj Pair Trading
Elisa Oyj Pair Trading Analysis
The ability to find closely correlated positions to Elisa Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elisa Oyj 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 Elisa Oyj - 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 Elisa Oyj to buy it.
The correlation of Elisa Oyj 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 Elisa Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elisa Oyj 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 Elisa Oyj 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 Elisa Oyj position
In addition to having Elisa Oyj 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 Elisa Stock
To fully project Elisa Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Elisa Oyj 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 Elisa Oyj's income statement, its balance sheet, and the statement of cash flows.