Profoto Holding Return On Equity vs. Revenue
| PRFO Stock | 40.80 1.40 3.32% |
For Profoto Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Profoto Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Profoto Holding AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Profoto Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Profoto Holding AB over time as well as its relative position and ranking within its peers.
Profoto |
Profoto Holding AB Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Profoto Holding's current stock value. Our valuation model uses many indicators to compare Profoto Holding value to that of its competitors to determine the firm's financial worth. Profoto Holding AB is considered to be number one stock in return on equity category among its peers. It also is rated top company in revenue category among its peers totaling about 1,138,413,686 of Revenue per Return On Equity. 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 Profoto Holding's earnings, one of the primary drivers of an investment's value.Profoto Revenue vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Profoto Holding |
| = | 0.64 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Profoto Holding |
| = | 732 M |
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.
Profoto Revenue vs Competition
Profoto Holding AB is rated top company in revenue category among its peers. Market size based on revenue of Leisure industry is at this time estimated at about 1.98 Billion. Profoto Holding totals roughly 732 Million in revenue claiming about 37% of all equities under Leisure industry.
Profoto Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Profoto Holding. 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 Profoto Holding 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 Profoto Holding's important profitability drivers and their relationship over time.
Use Profoto Holding 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 Profoto Holding 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 Profoto Holding will appreciate offsetting losses from the drop in the long position's value.Profoto Holding Pair Trading
Profoto Holding AB Pair Trading Analysis
The ability to find closely correlated positions to Profoto Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Profoto Holding 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 Profoto Holding - 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 Profoto Holding AB to buy it.
The correlation of Profoto Holding 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 Profoto Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Profoto Holding 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 Profoto Holding 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 Profoto Holding position
In addition to having Profoto Holding 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 Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 38 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 Rentals Theme or any other thematic opportunities.
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Additional Tools for Profoto Stock Analysis
When running Profoto Holding's price analysis, check to measure Profoto Holding'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 Profoto Holding is operating at the current time. Most of Profoto Holding's value examination focuses on studying past and present price action to predict the probability of Profoto Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Profoto Holding's price. Additionally, you may evaluate how the addition of Profoto Holding to your portfolios can decrease your overall portfolio volatility.