KABE Group Price To Earning vs. Net Income

KABE-B Stock  SEK 297.00  1.00  0.34%   
Considering KABE Group's profitability and operating efficiency indicators, KABE Group AB may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess KABE Group's ability to earn profits and add value for shareholders.
For KABE Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KABE Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KABE Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KABE Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KABE Group AB over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between KABE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KABE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KABE Group'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.

KABE Group AB Net Income vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining KABE Group's current stock value. Our valuation model uses many indicators to compare KABE Group value to that of its competitors to determine the firm's financial worth.
KABE Group AB is currently regarded as number one stock in price to earning category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about  24,367,816  of Net Income per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value KABE Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for KABE Group'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.

KABE Net Income vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

KABE Group

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
8.70 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.

KABE Group

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
212 M
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.

KABE Net Income Comparison

KABE Group is currently under evaluation in net income category among its peers.

KABE Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in KABE Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KABE Group will eventually generate negative long term returns. The profitability progress is the general direction of KABE Group's change in net profit over the period of time. It can combine multiple indicators of KABE Group, 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.
KABE Group AB manufactures and sells caravans and mobile homes. The company was formerly known as KABE AB and changed its name to KABE Group AB in July 2018. KABE Group is traded on Stockholm Stock Exchange in Sweden.

KABE Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on KABE Group. 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 KABE Group 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 KABE Group's important profitability drivers and their relationship over time.

Use KABE Group 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 KABE Group 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 KABE Group will appreciate offsetting losses from the drop in the long position's value.

KABE Group Pair Trading

KABE Group AB Pair Trading Analysis

The ability to find closely correlated positions to KABE Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KABE Group 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 KABE Group - 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 KABE Group AB to buy it.
The correlation of KABE Group 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 KABE Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KABE Group AB 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 KABE Group 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your KABE Group position

In addition to having KABE Group 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?

Run Services Thematic Idea Now

Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 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 Services Theme or any other thematic opportunities.
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Other Information on Investing in KABE Stock

To fully project KABE Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KABE Group AB 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 KABE Group's income statement, its balance sheet, and the statement of cash flows.
Potential KABE Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although KABE Group investors may work on each financial statement separately, they are all related. The changes in KABE Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KABE Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.