Euronav NV Gross Profit vs. Price To Sales

EURNDelisted Stock  USD 16.31  0.20  1.21%   
Based on Euronav NV's profitability indicators, Euronav NV 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 Euronav NV's ability to earn profits and add value for shareholders.
For Euronav NV profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Euronav NV to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Euronav NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Euronav NV's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Euronav NV over time as well as its relative position and ranking within its peers.
  
Check out Investing Opportunities 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.
Please note, there is a significant difference between Euronav NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Euronav NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euronav NV'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.

Euronav NV Price To Sales vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Euronav NV's current stock value. Our valuation model uses many indicators to compare Euronav NV value to that of its competitors to determine the firm's financial worth.
Euronav NV is rated # 5 in gross profit category among its peers. It is rated # 2 in price to sales category among its peers . The ratio of Gross Profit to Price To Sales for Euronav NV is about  176,387,219 . 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 Euronav NV's earnings, one of the primary drivers of an investment's value.

Euronav Price To Sales 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.

Euronav NV

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
457.62 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Euronav NV

P/S

 = 

MV Per Share

Revenue Per Share

 = 
2.59 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Euronav Price To Sales Comparison

Euronav NV is currently under evaluation in price to sales category among its peers.

Euronav NV Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Euronav NV, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Euronav NV will eventually generate negative long term returns. The profitability progress is the general direction of Euronav NV's change in net profit over the period of time. It can combine multiple indicators of Euronav NV, 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.
Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. Euronav NV operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 3147 people.

Euronav Profitability Driver Comparison

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

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Our tools can tell you how much better you can do entering a position in Euronav NV without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Euronav NV position

In addition to having Euronav NV 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.

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Communication Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication 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 Communication Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in Euronav Stock

If you are still planning to invest in Euronav NV 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 Euronav NV's history and understand the potential risks before investing.
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