Global Engine Price To Sales vs. Return On Equity
| GLE Stock | 2.46 0.09 3.53% |
For Global Engine profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Global Engine to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Global Engine Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Global Engine's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Global Engine Group over time as well as its relative position and ranking within its peers.
Global |
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Engine. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Engine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.957 | Earnings Share 0.02 | Revenue Per Share 3.091 | Quarterly Revenue Growth 0.944 | Return On Assets 0.0666 |
The market value of Global Engine Group is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Engine's value that differs from its market value or its book value, called intrinsic value, which is Global Engine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Engine's market value can be influenced by many factors that don't directly affect Global Engine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Engine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Engine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Engine'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.
Global Engine Group Return On Equity vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Global Engine's current stock value. Our valuation model uses many indicators to compare Global Engine value to that of its competitors to determine the firm's financial worth. Global Engine Group is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in return on equity category among its peers reporting about 0.22 of Return On Equity per Price To Sales. The ratio of Price To Sales to Return On Equity for Global Engine Group is roughly 4.51 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Global Engine by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Global Return On Equity vs. Price To Sales
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.
Global Engine |
| = | 0.91 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.
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.
Global Engine |
| = | 0.2 |
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.
Global Return On Equity Comparison
Global Engine is currently under evaluation in return on equity category among its peers.
Global Engine Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Global Engine, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Global Engine will eventually generate negative long term returns. The profitability progress is the general direction of Global Engine's change in net profit over the period of time. It can combine multiple indicators of Global Engine, 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.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -10.4 K | -10.9 K | |
| Operating Income | 2.9 M | 4.3 M | |
| Net Income From Continuing Ops | 2.6 M | 3.8 M | |
| Income Before Tax | 2.9 M | 4.3 M | |
| Total Other Income Expense Net | 35.7 K | 25.6 K | |
| Net Income | 2.6 M | 3.8 M |
Global Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Global Engine. 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 Global Engine 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 Global Engine's important profitability drivers and their relationship over time.
Use Global Engine 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 Global Engine 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 Global Engine will appreciate offsetting losses from the drop in the long position's value.Global Engine Pair Trading
Global Engine Group Pair Trading Analysis
The ability to find closely correlated positions to Global Engine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Engine 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 Global Engine - 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 Global Engine Group to buy it.
The correlation of Global Engine 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 Global Engine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Engine Group 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 Global Engine 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 Global Engine position
In addition to having Global Engine 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 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 Broad Sovereign ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
To fully project Global Engine's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Global Engine Group 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 Global Engine's income statement, its balance sheet, and the statement of cash flows.