Getlink SE Price To Book vs. Return On Equity
| GET Stock | EUR 15.76 0.03 0.19% |
For Getlink SE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Getlink SE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Getlink SE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Getlink SE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Getlink SE over time as well as its relative position and ranking within its peers.
Getlink |
Getlink SE Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Getlink SE's current stock value. Our valuation model uses many indicators to compare Getlink SE value to that of its competitors to determine the firm's financial worth. Getlink SE is one of the top stocks in price to book category among its peers. It also is one of the top stocks in return on equity category among its peers reporting about 0.03 of Return On Equity per Price To Book. The ratio of Price To Book to Return On Equity for Getlink SE is roughly 31.71 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Getlink SE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Getlink SE'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.Getlink Return On Equity vs. Price To Book
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.
Getlink SE |
| = | 4.26 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.
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.
Getlink SE |
| = | 0.13 |
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.
Getlink Return On Equity Comparison
Getlink SE is currently under evaluation in return on equity category among its peers.
Getlink SE Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Getlink SE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Getlink SE will eventually generate negative long term returns. The profitability progress is the general direction of Getlink SE's change in net profit over the period of time. It can combine multiple indicators of Getlink SE, 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.
Getlink SE engages in the design, finance, construction, and operation of fixed link infrastructure and transport system in France and the United Kingdom. Getlink SE was founded in 1986 and is based in Paris, France. GETLINK SE operates under Railroads And Bus Services classification in France and is traded on Paris Stock Exchange. It employs 3297 people.
Getlink Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Getlink SE. 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 Getlink SE 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 Getlink SE's important profitability drivers and their relationship over time.
Use Getlink SE 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 Getlink SE 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 Getlink SE will appreciate offsetting losses from the drop in the long position's value.Getlink SE Pair Trading
Getlink SE Pair Trading Analysis
The ability to find closely correlated positions to Getlink SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Getlink SE 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 Getlink SE - 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 Getlink SE to buy it.
The correlation of Getlink SE 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 Getlink SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Getlink SE 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 Getlink SE 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 Getlink SE position
In addition to having Getlink SE 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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Airlines
Domestic and international airlines and airline services. The Airlines theme has 39 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 Airlines Theme or any other thematic opportunities.
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Other Information on Investing in Getlink Stock
To fully project Getlink SE's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Getlink SE 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 Getlink SE's income statement, its balance sheet, and the statement of cash flows.