Euronav NV Return On Equity vs. Price To Book
| EURNDelisted Stock | USD 16.31 0.20 1.21% |
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.
Euronav |
Euronav NV Price To Book vs. Return On Equity 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 one of the top stocks in return on equity category among its peers. It is rated # 3 in price to book category among its peers fabricating about 2.44 of Price To Book per Return On Equity. 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 Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Euronav NV |
| = | 0.55 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Euronav NV |
| = | 1.34 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.
Euronav Price To Book Comparison
Euronav NV is currently under evaluation in price to book 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.Did you try this?
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Aroon OscillatorAnalyze current equity momentum using Aroon Oscillator and other momentum ratios |
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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.Did You Try This Idea?
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Drugs
Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. The Drugs theme has 45 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 Drugs 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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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