Akva Group Stock Price To Earnings To Growth
Akva Group fundamentals help investors to digest information that contributes to Akva's financial success or failures. It also enables traders to predict the movement of Akva Stock. The fundamental analysis module provides a way to measure Akva's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Akva stock.
Akva |
Akva Group Company Price To Earnings To Growth Analysis
Akva's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Akva Price To Earnings To Growth | 65.60 X |
Most of Akva's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Akva Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
CompetitionBased on the latest financial disclosure, Akva Group has a Price To Earnings To Growth of 65 times. This is much higher than that of the Machinery sector and notably higher than that of the Industrials industry. The price to earnings to growth for all Norway stocks is notably lower than that of the firm.
Akva Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Akva's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Akva could also be used in its relative valuation, which is a method of valuing Akva by comparing valuation metrics of similar companies.Akva is currently under evaluation in price to earnings to growth category among related companies.
Akva Fundamentals
| Return On Equity | -0.0812 | |||
| Return On Asset | 0.0028 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 2.87 B | |||
| Shares Outstanding | 36.37 M | |||
| Shares Owned By Insiders | 71.38 % | |||
| Shares Owned By Institutions | 21.16 % | |||
| Price To Earning | 24.93 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 3.11 B | |||
| Gross Profit | 1.25 B | |||
| EBITDA | 226.54 M | |||
| Net Income | 11.48 M | |||
| Cash And Equivalents | 303.44 M | |||
| Cash Per Share | 4.04 X | |||
| Total Debt | 858.74 M | |||
| Debt To Equity | 108.10 % | |||
| Current Ratio | 1.31 X | |||
| Book Value Per Share | 32.46 X | |||
| Cash Flow From Operations | 60.75 M | |||
| Earnings Per Share | 0.55 X | |||
| Price To Earnings To Growth | 65.60 X | |||
| Target Price | 78.0 | |||
| Number Of Employees | 1.41 K | |||
| Beta | 0.83 | |||
| Market Capitalization | 2.36 B | |||
| Total Asset | 3.45 B | |||
| Retained Earnings | 95 M | |||
| Working Capital | 205 M | |||
| Current Asset | 631 M | |||
| Current Liabilities | 426 M | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 3.45 B | |||
| Last Dividend Paid | 1.0 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Akva in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Akva's short interest history, or implied volatility extrapolated from Akva options trading.
Pair Trading with Akva
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 Akva 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 Akva will appreciate offsetting losses from the drop in the long position's value.Moving together with Akva Stock
| 0.71 | DNB | DnB ASA Earnings Call Tomorrow | PairCorr |
| 0.67 | STB | Storebrand ASA | PairCorr |
| 0.77 | SRBNK | Sparebank 1 SR | PairCorr |
| 0.71 | TEL | Telenor ASA | PairCorr |
| 0.62 | SVEG | Sparebanken Vest Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Akva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akva 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 Akva - 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 Akva Group to buy it.
The correlation of Akva 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 Akva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akva Group 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 Akva 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akva Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Akva Stock analysis
When running Akva's price analysis, check to measure Akva'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 Akva is operating at the current time. Most of Akva's value examination focuses on studying past and present price action to predict the probability of Akva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akva's price. Additionally, you may evaluate how the addition of Akva to your portfolios can decrease your overall portfolio volatility.
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