EVN AG Revenue vs. Net Income
| EVN Stock | EUR 21.10 0.50 2.43% |
For EVN AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EVN AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EVN AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EVN AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EVN AG over time as well as its relative position and ranking within its peers.
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EVN AG Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EVN AG's current stock value. Our valuation model uses many indicators to compare EVN AG value to that of its competitors to determine the firm's financial worth. EVN AG 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 0.05 of Net Income per Revenue. The ratio of Revenue to Net Income for EVN AG is roughly 19.38 . 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 EVN AG's earnings, one of the primary drivers of an investment's value.EVN Revenue vs. Competition
EVN AG is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Utilities—Diversified industry is currently estimated at about 131.26 Billion. EVN AG holds roughly 4.06 Billion in revenue claiming about 3% of Utilities—Diversified industry.
EVN 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.
EVN AG |
| = | 4.06 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.
EVN AG |
| = | 209.6 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.
EVN Net Income Comparison
EVN AG is currently under evaluation in net income category among its peers.
EVN AG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EVN AG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EVN AG will eventually generate negative long term returns. The profitability progress is the general direction of EVN AG's change in net profit over the period of time. It can combine multiple indicators of EVN AG, 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.
EVN AG provides energy and environmental services for household, commercial, and industrial customers, as well as municipalities in Austria, Bulgaria, North Macedonia, Croatia, Germany, and Albania. EVN AG is a subsidiary of N Landes-Beteiligungsholding GmbH. EVN AG operates under UtilitiesDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7133 people.
EVN Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EVN AG. 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 EVN AG 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 EVN AG's important profitability drivers and their relationship over time.
Use EVN AG 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 EVN AG 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 EVN AG will appreciate offsetting losses from the drop in the long position's value.EVN AG Pair Trading
EVN AG Pair Trading Analysis
The ability to find closely correlated positions to EVN AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EVN AG 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 EVN AG - 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 EVN AG to buy it.
The correlation of EVN AG 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 EVN AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EVN AG 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 EVN AG 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 EVN AG position
In addition to having EVN AG 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 46 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 Railroads Theme or any other thematic opportunities.
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Other Information on Investing in EVN Stock
To fully project EVN AG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EVN AG 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 EVN AG's income statement, its balance sheet, and the statement of cash flows.