ESSILORLUXOTTICA Cash Per Share vs. Operating Margin
| ESLC Stock | EUR 114.00 0.00 0.00% |
For ESSILORLUXOTTICA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ESSILORLUXOTTICA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ESSILORLUXOTTICA 12ON utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ESSILORLUXOTTICA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ESSILORLUXOTTICA 12ON over time as well as its relative position and ranking within its peers.
ESSILORLUXOTTICA |
ESSILORLUXOTTICA 12ON Operating Margin vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ESSILORLUXOTTICA's current stock value. Our valuation model uses many indicators to compare ESSILORLUXOTTICA value to that of its competitors to determine the firm's financial worth. ESSILORLUXOTTICA 12ON is rated # 2 in cash per share category among its peers. It is rated below average in operating margin category among its peers reporting about 0.01 of Operating Margin per Cash Per Share. The ratio of Cash Per Share to Operating Margin for ESSILORLUXOTTICA 12ON is roughly 83.29 . 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 ESSILORLUXOTTICA's earnings, one of the primary drivers of an investment's value.ESSILORLUXOTTICA Operating Margin vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
ESSILORLUXOTTICA |
| = | 10.72 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
ESSILORLUXOTTICA |
| = | 0.13 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
ESSILORLUXOTTICA Operating Margin Comparison
ESSILORLUXOTTICA is currently under evaluation in operating margin category among its peers.
ESSILORLUXOTTICA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ESSILORLUXOTTICA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ESSILORLUXOTTICA will eventually generate negative long term returns. The profitability progress is the general direction of ESSILORLUXOTTICA's change in net profit over the period of time. It can combine multiple indicators of ESSILORLUXOTTICA, 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.
EssilorLuxottica Socit anonyme designs, manufactures, and distributes ophthalmic lenses, frames, and sunglasses in North America, Europe, Latin America, Asia, Oceania, and Africa. EssilorLuxottica Socit anonyme was founded in 1849 and is headquartered in Paris, France. ESSILORLUXOTTICA is traded on Frankfurt Stock Exchange in Germany.
ESSILORLUXOTTICA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ESSILORLUXOTTICA. 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 ESSILORLUXOTTICA 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 ESSILORLUXOTTICA's important profitability drivers and their relationship over time.
Use ESSILORLUXOTTICA 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 ESSILORLUXOTTICA 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 ESSILORLUXOTTICA will appreciate offsetting losses from the drop in the long position's value.ESSILORLUXOTTICA Pair Trading
ESSILORLUXOTTICA 12ON Pair Trading Analysis
The ability to find closely correlated positions to ESSILORLUXOTTICA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ESSILORLUXOTTICA 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 ESSILORLUXOTTICA - 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 ESSILORLUXOTTICA 12ON to buy it.
The correlation of ESSILORLUXOTTICA 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 ESSILORLUXOTTICA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ESSILORLUXOTTICA 12ON 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 ESSILORLUXOTTICA 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 ESSILORLUXOTTICA position
In addition to having ESSILORLUXOTTICA 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?
Run Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in ESSILORLUXOTTICA Stock
To fully project ESSILORLUXOTTICA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ESSILORLUXOTTICA 12ON 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 ESSILORLUXOTTICA's income statement, its balance sheet, and the statement of cash flows.