Afentra PLC Price To Book vs. Return On Equity

TB8A Stock  EUR 0.53  0.01  1.92%   
Based on the measurements of profitability obtained from Afentra PLC's financial statements, Afentra PLC 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 Afentra PLC's ability to earn profits and add value for shareholders.
For Afentra PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Afentra PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Afentra PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Afentra PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Afentra PLC over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Afentra PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afentra PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afentra PLC'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.

Afentra PLC Return On Equity vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Afentra PLC's current stock value. Our valuation model uses many indicators to compare Afentra PLC value to that of its competitors to determine the firm's financial worth.
Afentra PLC is rated second in price to book category among its peers. It is currently regarded as top stock in return on equity category among its peers . 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 Afentra PLC's earnings, one of the primary drivers of an investment's value.

Afentra Return On Equity vs. Price To Book

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.

Afentra PLC

P/B

 = 

MV Per Share

BV Per Share

 = 
1.22 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.
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.

Afentra PLC

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.0936
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.

Afentra Return On Equity Comparison

Afentra PLC is currently under evaluation in return on equity category among its peers.

Afentra PLC Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Afentra PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Afentra PLC will eventually generate negative long term returns. The profitability progress is the general direction of Afentra PLC's change in net profit over the period of time. It can combine multiple indicators of Afentra PLC, 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.
Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas exploration and production company in Africa. The company was incorporated in 1983 and is headquartered in London, the United Kingdom. STERLING ENERGY operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 11 people.

Afentra Profitability Driver Comparison

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

Use Afentra PLC 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 Afentra PLC 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 Afentra PLC will appreciate offsetting losses from the drop in the long position's value.

Afentra PLC Pair Trading

Afentra PLC Pair Trading Analysis

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

In addition to having Afentra PLC 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.

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Run Most Shorted Equities Thematic Idea Now

Most Shorted Equities
Most Shorted Equities Theme
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 269 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 Most Shorted Equities Theme or any other thematic opportunities.
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Other Information on Investing in Afentra Stock

To fully project Afentra PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Afentra PLC 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 Afentra PLC's income statement, its balance sheet, and the statement of cash flows.
Potential Afentra PLC investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Afentra PLC investors may work on each financial statement separately, they are all related. The changes in Afentra PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Afentra PLC'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.