Fondia Oyj Shares Outstanding vs. EBITDA
| FONDIA Stock | EUR 4.88 0.02 0.41% |
For Fondia Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fondia Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fondia Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fondia Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fondia Oyj over time as well as its relative position and ranking within its peers.
Fondia |
Fondia Oyj EBITDA vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fondia Oyj's current stock value. Our valuation model uses many indicators to compare Fondia Oyj value to that of its competitors to determine the firm's financial worth. Fondia Oyj is one of the top stocks in shares outstanding category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 0.30 of EBITDA per Shares Outstanding. The ratio of Shares Outstanding to EBITDA for Fondia Oyj is roughly 3.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fondia Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fondia 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.Fondia EBITDA vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Fondia Oyj |
| = | 3.87 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Fondia Oyj |
| = | 1.14 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Fondia EBITDA Comparison
Fondia Oyj is currently under evaluation in ebitda category among its peers.
Fondia Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fondia Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fondia Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Fondia Oyj's change in net profit over the period of time. It can combine multiple indicators of Fondia 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.
Fondia Oyj provides legal services primarily in Finland, Sweden, Estonia, and Lithuania. Fondia Oyj was founded in 2004 and is based in Helsinki, Finland. Fondia Oyj is traded on Helsinki Exchange in Finland.
Fondia Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fondia 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 Fondia 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 Fondia Oyj's important profitability drivers and their relationship over time.
Use Fondia 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 Fondia 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 Fondia Oyj will appreciate offsetting losses from the drop in the long position's value.Fondia Oyj Pair Trading
Fondia Oyj Pair Trading Analysis
The ability to find closely correlated positions to Fondia 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 Fondia 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 Fondia 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 Fondia Oyj to buy it.
The correlation of Fondia 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 Fondia Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fondia 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 Fondia 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 Fondia Oyj position
In addition to having Fondia 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 Fondia Stock
To fully project Fondia Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fondia 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 Fondia Oyj's income statement, its balance sheet, and the statement of cash flows.