AGFA Gevaert Price To Earning vs. Return On Asset
| AGFB Stock | EUR 1.18 0.02 1.72% |
For AGFA Gevaert profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AGFA Gevaert to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AGFA Gevaert NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AGFA Gevaert's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AGFA Gevaert NV over time as well as its relative position and ranking within its peers.
AGFA |
AGFA Gevaert NV Return On Asset vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AGFA Gevaert's current stock value. Our valuation model uses many indicators to compare AGFA Gevaert value to that of its competitors to determine the firm's financial worth. AGFA Gevaert NV is number one stock in price to earning category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value AGFA Gevaert by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AGFA Gevaert'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 AGFA Gevaert's earnings, one of the primary drivers of an investment's value.AGFA Return On Asset vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
AGFA Gevaert |
| = | 0.83 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
AGFA Gevaert |
| = | -0.0082 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
AGFA Return On Asset Comparison
AGFA Gevaert is currently under evaluation in return on asset category among related companies.
AGFA Gevaert Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AGFA Gevaert, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AGFA Gevaert will eventually generate negative long term returns. The profitability progress is the general direction of AGFA Gevaert's change in net profit over the period of time. It can combine multiple indicators of AGFA Gevaert, 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.
Agfa-Gevaert NV develops, produces, and distributes various analog and digital imaging systems, and IT solutions worldwide. Agfa-Gevaert NV was founded in 1867 and is headquartered in Mortsel, Belgium. AGFA GEVAERT operates under Specialty Industrial Machinery classification in Belgium and is traded on Brussels Stock Exchange. It employs 7108 people.
AGFA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AGFA Gevaert. 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 AGFA Gevaert 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 AGFA Gevaert's important profitability drivers and their relationship over time.
Use AGFA Gevaert 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 AGFA Gevaert 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 AGFA Gevaert will appreciate offsetting losses from the drop in the long position's value.AGFA Gevaert Pair Trading
AGFA Gevaert NV Pair Trading Analysis
The ability to find closely correlated positions to AGFA Gevaert could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGFA Gevaert 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 AGFA Gevaert - 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 AGFA Gevaert NV to buy it.
The correlation of AGFA Gevaert 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 AGFA Gevaert moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGFA Gevaert NV 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 AGFA Gevaert 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.Use Investing Themes to Complement your AGFA Gevaert position
In addition to having AGFA Gevaert 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.Did You Try This Idea?
Run Biotech Thematic Idea Now
Biotech
Companies specialized in biotechnology production and delivery of pharmaceuticals services. The Biotech theme has 47 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 Biotech Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for AGFA Stock analysis
When running AGFA Gevaert's price analysis, check to measure AGFA Gevaert'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 AGFA Gevaert is operating at the current time. Most of AGFA Gevaert's value examination focuses on studying past and present price action to predict the probability of AGFA Gevaert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGFA Gevaert's price. Additionally, you may evaluate how the addition of AGFA Gevaert to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
To fully project AGFA Gevaert's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AGFA Gevaert NV 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 AGFA Gevaert's income statement, its balance sheet, and the statement of cash flows.