Telenor ASA Gross Profit vs. Price To Sales

TEL Stock  NOK 129.00  0.90  0.70%   
Based on the key profitability measurements obtained from Telenor ASA's financial statements, Telenor ASA 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 Telenor ASA's ability to earn profits and add value for shareholders.
For Telenor ASA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Telenor ASA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Telenor ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Telenor ASA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Telenor ASA 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 Telenor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Telenor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Telenor ASA'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.

Telenor ASA Price To Sales vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Telenor ASA's current stock value. Our valuation model uses many indicators to compare Telenor ASA value to that of its competitors to determine the firm's financial worth.
Telenor ASA is currently regarded as top stock in gross profit category among its peers. It also is currently regarded as top stock in price to sales category among its peers . The ratio of Gross Profit to Price To Sales for Telenor ASA is about  54,980,223,257 . 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 Telenor ASA's earnings, one of the primary drivers of an investment's value.

Telenor Price To Sales 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.

Telenor ASA

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
62.55 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Telenor ASA

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.14 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Telenor Price To Sales Comparison

Telenor ASA is currently under evaluation in price to sales category among its peers.

Telenor ASA Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Telenor ASA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Telenor ASA will eventually generate negative long term returns. The profitability progress is the general direction of Telenor ASA's change in net profit over the period of time. It can combine multiple indicators of Telenor ASA, 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.
Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. Telenor ASA was founded in 1855 and is headquartered in Fornebu, Norway. TELENOR ASA operates under Diversified Telecommunications classification in Norway and is traded on Oslo Stock Exchange. It employs 18000 people.

Telenor Profitability Driver Comparison

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

Use Telenor ASA 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 Telenor ASA 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 Telenor ASA will appreciate offsetting losses from the drop in the long position's value.

Telenor ASA Pair Trading

Telenor ASA Pair Trading Analysis

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

In addition to having Telenor ASA 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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Investing Theme
Companies involved in money management and investment banking services. The Investing theme has 42 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 Investing Theme or any other thematic opportunities.
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Other Information on Investing in Telenor Stock

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