Harboes Bryggeri Price To Sales vs. Gross Profit
| HARB-B Stock | DKK 155.00 5.50 3.68% |
For Harboes Bryggeri profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Harboes Bryggeri to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Harboes Bryggeri AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Harboes Bryggeri's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Harboes Bryggeri AS over time as well as its relative position and ranking within its peers.
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Harboes Bryggeri Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Harboes Bryggeri's current stock value. Our valuation model uses many indicators to compare Harboes Bryggeri value to that of its competitors to determine the firm's financial worth. Harboes Bryggeri AS is one of the top stocks in price to sales category among its peers. It also is one of the top stocks in gross profit category among its peers fabricating about 1,314,062,181 of Gross Profit per Price To Sales. Comparative valuation analysis is a catch-all model that can be used if you cannot value Harboes Bryggeri by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Harboes Bryggeri'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.Harboes Gross Profit 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.
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| = | 0.20 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Harboes Bryggeri |
| = | 257.82 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Harboes Gross Profit Comparison
Harboes Bryggeri is currently under evaluation in gross profit category among its peers.
Harboes Bryggeri Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Harboes Bryggeri, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Harboes Bryggeri will eventually generate negative long term returns. The profitability progress is the general direction of Harboes Bryggeri's change in net profit over the period of time. It can combine multiple indicators of Harboes Bryggeri, 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.
Harboes Bryggeri AS produces and markets beverages and malt-based ingredients. Harboes Bryggeri AS was founded in 1883 and is headquartered in Sklskr, Denmark. Harboes Bryggeri operates under Beverage Manufacturers classification in Denmark and is traded on Copenhagen Stock Exchange.
Harboes Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Harboes Bryggeri. 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 Harboes Bryggeri 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 Harboes Bryggeri's important profitability drivers and their relationship over time.
Use Harboes Bryggeri 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 Harboes Bryggeri 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 Harboes Bryggeri will appreciate offsetting losses from the drop in the long position's value.Harboes Bryggeri Pair Trading
Harboes Bryggeri AS Pair Trading Analysis
The ability to find closely correlated positions to Harboes Bryggeri could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harboes Bryggeri 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 Harboes Bryggeri - 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 Harboes Bryggeri AS to buy it.
The correlation of Harboes Bryggeri 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 Harboes Bryggeri moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harboes Bryggeri 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 Harboes Bryggeri 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 Harboes Bryggeri position
In addition to having Harboes Bryggeri 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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Consumer Funds
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 43 constituents at this time.
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Other Information on Investing in Harboes Stock
To fully project Harboes Bryggeri's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Harboes Bryggeri 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 Harboes Bryggeri's income statement, its balance sheet, and the statement of cash flows.