PNM Old Gross Profit vs. EBITDA
| PNMDelisted Stock | USD 43.25 0.21 0.48% |
For PNM Old profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PNM Old to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PNM Old utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PNM Old's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PNM Old over time as well as its relative position and ranking within its peers.
PNM |
PNM Old EBITDA vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PNM Old's current stock value. Our valuation model uses many indicators to compare PNM Old value to that of its competitors to determine the firm's financial worth. PNM Old is rated below average in gross profit category among its peers. It also is rated below average in ebitda category among its peers totaling about 0.61 of EBITDA per Gross Profit. The ratio of Gross Profit to EBITDA for PNM Old is roughly 1.64 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PNM Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.PNM EBITDA vs. Gross Profit
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.
PNM Old |
| = | 1.02 B |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
PNM Old |
| = | 622.77 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
PNM EBITDA Comparison
PNM Old is currently under evaluation in ebitda category among its peers.
PNM Old Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PNM Old, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PNM Old will eventually generate negative long term returns. The profitability progress is the general direction of PNM Old's change in net profit over the period of time. It can combine multiple indicators of PNM Old, 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.
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico. PNM Resources operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1646 people.
PNM Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PNM Old. 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 PNM Old 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 PNM Old's important profitability drivers and their relationship over time.
Use PNM Old 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 PNM Old 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 PNM Old will appreciate offsetting losses from the drop in the long position's value.PNM Old Pair Trading
PNM Old Pair Trading Analysis
The ability to find closely correlated positions to PNM Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PNM Old 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 PNM Old - 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 PNM Old to buy it.
The correlation of PNM Old 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 PNM Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PNM Old 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 PNM Old 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 PNM Old position
In addition to having PNM Old 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 Real Estate Thematic Idea Now
Real Estate
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 61 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 Real Estate Theme or any other thematic opportunities.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PNM Old's history and understand the potential risks before investing.
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