Ascopiave Spa Stock Fundamentals
| AVA Stock | EUR 2.40 0.01 0.41% |
Ascopiave SpA fundamentals help investors to digest information that contributes to Ascopiave SpA's financial success or failures. It also enables traders to predict the movement of Ascopiave Stock. The fundamental analysis module provides a way to measure Ascopiave SpA'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 Ascopiave SpA stock.
Ascopiave |
Ascopiave SpA Company Current Valuation Analysis
Ascopiave SpA's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Ascopiave SpA Current Valuation | 1.06 B |
Most of Ascopiave SpA's fundamental indicators, such as Current Valuation, 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, Ascopiave SpA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Ascopiave SpA has a Current Valuation of 1.06 B. This is 89.91% lower than that of the Utilities sector and 88.66% lower than that of the Utilities - Regulated Gas industry. The current valuation for all Germany stocks is 93.6% higher than that of the company.
Ascopiave SpA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ascopiave SpA's current stock value. Our valuation model uses many indicators to compare Ascopiave SpA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ascopiave SpA competition to find correlations between indicators driving Ascopiave SpA's intrinsic value. More Info.Ascopiave SpA is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ascopiave SpA is roughly 3.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ascopiave SpA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ascopiave SpA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Ascopiave SpA's earnings, one of the primary drivers of an investment's value.Ascopiave Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ascopiave SpA's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ascopiave SpA could also be used in its relative valuation, which is a method of valuing Ascopiave SpA by comparing valuation metrics of similar companies.Ascopiave SpA is currently under evaluation in current valuation category among related companies.
Ascopiave Fundamentals
| Return On Equity | 0.0447 | |||
| Return On Asset | 0.0143 | |||
| Profit Margin | 0.26 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 1.06 B | |||
| Shares Outstanding | 216.71 M | |||
| Shares Owned By Insiders | 63.51 % | |||
| Shares Owned By Institutions | 3.81 % | |||
| Price To Earning | 21.34 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 3.52 X | |||
| Revenue | 134.91 M | |||
| Gross Profit | 117.01 M | |||
| EBITDA | 91.34 M | |||
| Net Income | 45.33 M | |||
| Cash And Equivalents | 111.64 M | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 185.67 M | |||
| Debt To Equity | 37.90 % | |||
| Current Ratio | 1.02 X | |||
| Book Value Per Share | 4.15 X | |||
| Cash Flow From Operations | 82.74 M | |||
| Earnings Per Share | 0.13 X | |||
| Number Of Employees | 484 | |||
| Beta | 0.88 | |||
| Market Capitalization | 597.04 M | |||
| Total Asset | 1.37 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 5.83 % | |||
| Net Asset | 1.37 B | |||
| Last Dividend Paid | 0.17 |
About Ascopiave SpA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ascopiave SpA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ascopiave SpA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ascopiave SpA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Ascopiave S.p.A. distributes and sells natural gas in Italy. It is also involved in the sale of electric power, heat management, and co-generation activities. ASCOPIAVE operates under Utilities - Regulated Gas classification in Germany and is traded on Frankfurt Stock Exchange. It employs 542 people.
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 Ascopiave SpA 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, Ascopiave SpA's short interest history, or implied volatility extrapolated from Ascopiave SpA options trading.
Pair Trading with Ascopiave SpA
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 Ascopiave SpA 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 Ascopiave SpA will appreciate offsetting losses from the drop in the long position's value.Moving together with Ascopiave Stock
| 0.66 | XGH | ENN Energy Holdings | PairCorr |
| 0.68 | XGH | ENN Energy Holdings | PairCorr |
Moving against Ascopiave Stock
| 0.7 | DBPD | Xtrackers ShortDAX | PairCorr |
The ability to find closely correlated positions to Ascopiave SpA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascopiave SpA 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 Ascopiave SpA - 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 Ascopiave SpA to buy it.
The correlation of Ascopiave SpA 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 Ascopiave SpA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascopiave SpA 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 Ascopiave SpA 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 Ascopiave SpA. 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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Ascopiave Stock analysis
When running Ascopiave SpA's price analysis, check to measure Ascopiave SpA'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 Ascopiave SpA is operating at the current time. Most of Ascopiave SpA's value examination focuses on studying past and present price action to predict the probability of Ascopiave SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascopiave SpA's price. Additionally, you may evaluate how the addition of Ascopiave SpA to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |