SHOPRITE HDGS Revenue vs. Net Income
| HY7A Stock | EUR 15.00 0.10 0.66% |
For SHOPRITE HDGS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SHOPRITE HDGS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SHOPRITE HDGS ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SHOPRITE HDGS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SHOPRITE HDGS ADR over time as well as its relative position and ranking within its peers.
SHOPRITE |
SHOPRITE HDGS ADR Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SHOPRITE HDGS's current stock value. Our valuation model uses many indicators to compare SHOPRITE HDGS value to that of its competitors to determine the firm's financial worth. SHOPRITE HDGS ADR 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 0.02 of Net Income per Revenue. The ratio of Revenue to Net Income for SHOPRITE HDGS ADR is roughly 52.00 . 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 SHOPRITE HDGS's earnings, one of the primary drivers of an investment's value.SHOPRITE Revenue vs. Competition
SHOPRITE HDGS ADR is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Department Stores industry is currently estimated at about 1.2 Trillion. SHOPRITE HDGS retains roughly 184.08 Billion in revenue claiming about 15% of equities under Department Stores industry.
SHOPRITE 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.
SHOPRITE HDGS |
| = | 184.08 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.
SHOPRITE HDGS |
| = | 3.54 B |
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.
SHOPRITE Net Income Comparison
SHOPRITE HDGS is currently under evaluation in net income category among its peers.
SHOPRITE HDGS Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SHOPRITE HDGS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SHOPRITE HDGS will eventually generate negative long term returns. The profitability progress is the general direction of SHOPRITE HDGS's change in net profit over the period of time. It can combine multiple indicators of SHOPRITE HDGS, 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.
Shoprite Holdings Limited, an investment holding company, primarily engages in the food retailing business in South Africa and other African countries. Shoprite Holdings Limited was founded in 1979 and is based in Brackenfell, South Africa. SHOPRITE HDGS operates under Department Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 140000 people.
SHOPRITE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SHOPRITE HDGS. 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 SHOPRITE HDGS 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 SHOPRITE HDGS's important profitability drivers and their relationship over time.
Use SHOPRITE HDGS 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 SHOPRITE HDGS 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 SHOPRITE HDGS will appreciate offsetting losses from the drop in the long position's value.SHOPRITE HDGS Pair Trading
SHOPRITE HDGS ADR Pair Trading Analysis
The ability to find closely correlated positions to SHOPRITE HDGS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SHOPRITE HDGS 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 SHOPRITE HDGS - 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 SHOPRITE HDGS ADR to buy it.
The correlation of SHOPRITE HDGS 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 SHOPRITE HDGS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SHOPRITE HDGS ADR 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 SHOPRITE HDGS 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 SHOPRITE HDGS position
In addition to having SHOPRITE HDGS 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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Currency Funds
Funds or Etfs investing in a single currency or combination of currencies from different countries in order to replicate respective foreign exchange markets. The Currency Funds theme has 43 constituents at this time.
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Other Information on Investing in SHOPRITE Stock
To fully project SHOPRITE HDGS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SHOPRITE HDGS ADR 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 SHOPRITE HDGS's income statement, its balance sheet, and the statement of cash flows.