Eternit Sa Stock Retained Earnings
| ETER3 Stock | BRL 7.15 0.03 0.42% |
Eternit SA fundamentals help investors to digest information that contributes to Eternit SA's financial success or failures. It also enables traders to predict the movement of Eternit Stock. The fundamental analysis module provides a way to measure Eternit SA'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 Eternit SA stock.
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Eternit SA Company Retained Earnings Analysis
Eternit SA's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Eternit SA Retained Earnings | 148 M |
Most of Eternit SA's fundamental indicators, such as Retained Earnings, 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, Eternit SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
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Based on the latest financial disclosure, Eternit SA has a Retained Earnings of 148 M. This is 98.57% lower than that of the Construction Materials sector and significantly higher than that of the Materials industry. The retained earnings for all Brazil stocks is 98.41% higher than that of the company.
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Eternit Fundamentals
| Return On Equity | 0.29 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.15 % | |||
| Operating Margin | 0.18 % | |||
| Current Valuation | 673.13 M | |||
| Shares Outstanding | 61.77 M | |||
| Shares Owned By Insiders | 5.00 % | |||
| Shares Owned By Institutions | 77.98 % | |||
| Price To Earning | 7.53 X | |||
| Price To Book | 0.98 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 1.12 B | |||
| Gross Profit | 491.05 M | |||
| EBITDA | 371 M | |||
| Net Income | 269.38 M | |||
| Cash And Equivalents | 212.79 M | |||
| Cash Per Share | 1.57 X | |||
| Total Debt | 34.7 M | |||
| Debt To Equity | 0.35 % | |||
| Current Ratio | 2.20 X | |||
| Book Value Per Share | 10.68 X | |||
| Cash Flow From Operations | 118.37 M | |||
| Earnings Per Share | 2.93 X | |||
| Target Price | 26.6 | |||
| Number Of Employees | 1.65 K | |||
| Beta | 1.55 | |||
| Market Capitalization | 826.44 M | |||
| Total Asset | 1.01 B | |||
| Retained Earnings | 148 M | |||
| Working Capital | 197 M | |||
| Current Asset | 367 M | |||
| Current Liabilities | 170 M | |||
| Z Score | 14.8 | |||
| Annual Yield | 0.09 % | |||
| Five Year Return | 5.82 % | |||
| Net Asset | 1.01 B | |||
| Last Dividend Paid | 1.24 |
About Eternit SA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eternit SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eternit SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eternit SA 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.
Pair Trading with Eternit SA
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 Eternit SA 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 Eternit SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Eternit SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eternit SA 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 Eternit SA - 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 Eternit SA to buy it.
The correlation of Eternit SA 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 Eternit SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eternit SA 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 Eternit SA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eternit SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Eternit SA information on this page should be used as a complementary analysis to other Eternit SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Eternit Stock analysis
When running Eternit SA's price analysis, check to measure Eternit SA'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 Eternit SA is operating at the current time. Most of Eternit SA's value examination focuses on studying past and present price action to predict the probability of Eternit SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eternit SA's price. Additionally, you may evaluate how the addition of Eternit SA to your portfolios can decrease your overall portfolio volatility.
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