Kesko Oyj Current Valuation vs. Price To Book
| KKOYY Stock | USD 9.86 0.01 0.10% |
For Kesko Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kesko Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kesko Oyj ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kesko Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kesko Oyj ADR over time as well as its relative position and ranking within its peers.
Kesko |
Kesko Oyj ADR Price To Book vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kesko Oyj's current stock value. Our valuation model uses many indicators to compare Kesko Oyj value to that of its competitors to determine the firm's financial worth. Kesko Oyj ADR is rated below average in current valuation category among its peers. It is rated third overall in price to book category among its peers . The ratio of Current Valuation to Price To Book for Kesko Oyj ADR is about 3,401,987,978 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Kesko Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kesko Oyj's Pink Sheet. 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.Kesko Current Valuation vs. Competition
Kesko Oyj ADR is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Grocery Stores industry is now estimated at about 117.66 Billion. Kesko Oyj holds roughly 10.98 Billion in current valuation claiming about 9% of equities under Grocery Stores industry.
Kesko Price To Book vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Kesko Oyj |
| = | 10.98 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Kesko Oyj |
| = | 3.23 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.
Kesko Price To Book Comparison
Kesko Oyj is rated second overall in price to book category among its peers.
Kesko Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kesko Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kesko Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Kesko Oyj's change in net profit over the period of time. It can combine multiple indicators of Kesko Oyj, 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.
Kesko Oyj engages in the grocery trading business in Finland. Kesko Oyj was founded in 1940 and is headquartered in Helsinki, Finland. Kesko Oyj operates under Grocery Stores classification in the United States and is traded on OTC Exchange. It employs 18490 people.
Kesko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kesko Oyj. 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 Kesko Oyj 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 Kesko Oyj's important profitability drivers and their relationship over time.
Use Kesko Oyj 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 Kesko Oyj 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 Kesko Oyj will appreciate offsetting losses from the drop in the long position's value.Kesko Oyj Pair Trading
Kesko Oyj ADR Pair Trading Analysis
The ability to find closely correlated positions to Kesko Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kesko Oyj 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 Kesko Oyj - 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 Kesko Oyj ADR to buy it.
The correlation of Kesko Oyj 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 Kesko Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kesko Oyj 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 Kesko Oyj 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 Kesko Oyj position
In addition to having Kesko Oyj 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 Tech Growth Thematic Idea Now
Tech Growth
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Kesko Pink Sheet Analysis
When running Kesko Oyj's price analysis, check to measure Kesko Oyj's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kesko Oyj is operating at the current time. Most of Kesko Oyj's value examination focuses on studying past and present price action to predict the probability of Kesko Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kesko Oyj's price. Additionally, you may evaluate how the addition of Kesko Oyj to your portfolios can decrease your overall portfolio volatility.