Perma-Fix Environmental Net Income vs. Price To Earning
| PFX1 Stock | EUR 12.80 1.10 7.91% |
For Perma-Fix Environmental profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Perma-Fix Environmental to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Perma Fix Environmental Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Perma-Fix Environmental's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Perma Fix Environmental Services over time as well as its relative position and ranking within its peers.
Perma-Fix |
Perma Fix Environmental Price To Earning vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Perma-Fix Environmental's current stock value. Our valuation model uses many indicators to compare Perma-Fix Environmental value to that of its competitors to determine the firm's financial worth. Perma Fix Environmental Services is rated below average in net income category among its peers. It is regarded third in price to earning category among its peers . The ratio of Net Income to Price To Earning for Perma Fix Environmental Services is about 28,190 . 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 Perma-Fix Environmental's earnings, one of the primary drivers of an investment's value.Perma-Fix Price To Earning vs. Net Income
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.
Perma-Fix Environmental |
| = | 835 K |
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.
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.
Perma-Fix Environmental |
| = | 29.62 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.
Perma-Fix Price To Earning Comparison
Perma Fix is currently under evaluation in price to earning category among its peers.
Perma-Fix Environmental Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Perma-Fix Environmental, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Perma-Fix Environmental will eventually generate negative long term returns. The profitability progress is the general direction of Perma-Fix Environmental's change in net profit over the period of time. It can combine multiple indicators of Perma-Fix Environmental, 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.
Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. The company was founded in 1990 and is headquartered in Atlanta, Georgia. Perma Fix operates under Waste Management classification in Germany and is traded on Frankfurt Stock Exchange. It employs 236 people.
Perma-Fix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Perma-Fix Environmental. 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 Perma-Fix Environmental 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 Perma-Fix Environmental's important profitability drivers and their relationship over time.
Use Perma-Fix Environmental 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 Perma-Fix Environmental 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 Perma-Fix Environmental will appreciate offsetting losses from the drop in the long position's value.Perma-Fix Environmental Pair Trading
Perma Fix Environmental Services Pair Trading Analysis
The ability to find closely correlated positions to Perma-Fix Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perma-Fix Environmental 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 Perma-Fix Environmental - 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 Perma Fix Environmental Services to buy it.
The correlation of Perma-Fix Environmental 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 Perma-Fix Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perma Fix Environmental 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 Perma-Fix Environmental 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 Perma-Fix Environmental position
In addition to having Perma-Fix Environmental 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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Other Information on Investing in Perma-Fix Stock
To fully project Perma-Fix Environmental's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Perma Fix Environmental 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 Perma-Fix Environmental's income statement, its balance sheet, and the statement of cash flows.