Ontex Group Nv Stock Price To Earnings To Growth
| ONTEX Stock | EUR 8.00 0.04 0.50% |
Ontex Group NV fundamentals help investors to digest information that contributes to Ontex Group's financial success or failures. It also enables traders to predict the movement of Ontex Stock. The fundamental analysis module provides a way to measure Ontex Group'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 Ontex Group stock.
Ontex |
Ontex Group NV Company Price To Earnings To Growth Analysis
Ontex Group'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 Ontex Group Price To Earnings To Growth | 7.27 X |
Most of Ontex Group'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, Ontex Group NV 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.
| Competition |
Based on the latest financial disclosure, Ontex Group NV has a Price To Earnings To Growth of 7.27 times. This is much higher than that of the Personal Products sector and notably lower than that of the Consumer Staples industry. The price to earnings to growth for all Belgium stocks is 48.67% lower than that of the firm.
Ontex 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 Ontex Group'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 Ontex Group could also be used in its relative valuation, which is a method of valuing Ontex Group by comparing valuation metrics of similar companies.Ontex Group is currently under evaluation in price to earnings to growth category among its peers.
Ontex Fundamentals
| Return On Equity | -0.16 | |||
| Return On Asset | 0.0089 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 1.37 B | |||
| Shares Outstanding | 80.97 M | |||
| Shares Owned By Insiders | 23.62 % | |||
| Shares Owned By Institutions | 46.34 % | |||
| Price To Earning | 11.60 X | |||
| Price To Book | 0.52 X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 2.03 B | |||
| Gross Profit | 516 M | |||
| EBITDA | 85 M | |||
| Net Income | (61.9 M) | |||
| Cash And Equivalents | 132 M | |||
| Cash Per Share | 1.63 X | |||
| Total Debt | 793 M | |||
| Debt To Equity | 75.70 % | |||
| Current Ratio | 1.26 X | |||
| Book Value Per Share | 12.03 X | |||
| Cash Flow From Operations | 130.3 M | |||
| Earnings Per Share | (0.77) X | |||
| Price To Earnings To Growth | 7.27 X | |||
| Target Price | 8.0 | |||
| Number Of Employees | 9.05 K | |||
| Beta | 0.55 | |||
| Market Capitalization | 615.03 M | |||
| Total Asset | 2.75 B | |||
| Retained Earnings | (24 M) | |||
| Working Capital | 343 M | |||
| Current Asset | 715 M | |||
| Current Liabilities | 372 M | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 2.75 B |
About Ontex Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ontex Group NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ontex Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ontex Group NV 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 Ontex Group
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 Ontex Group 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 Ontex Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Ontex Stock
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| 0.91 | GBLB | Groep Brussel Lambert | PairCorr |
Moving against Ontex Stock
The ability to find closely correlated positions to Ontex Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ontex Group 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 Ontex Group - 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 Ontex Group NV to buy it.
The correlation of Ontex Group 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 Ontex Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ontex Group 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 Ontex Group 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.Other Information on Investing in Ontex Stock
Ontex Group financial ratios help investors to determine whether Ontex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ontex with respect to the benefits of owning Ontex Group security.