5Th Planet Current Valuation vs. Cash And Equivalents

5PG Stock  NOK 1.14  0.03  2.56%   
Based on 5Th Planet's profitability indicators, 5Th Planet Games may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess 5Th Planet's ability to earn profits and add value for shareholders.
For 5Th Planet profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 5Th Planet to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 5Th Planet Games utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 5Th Planet's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 5Th Planet Games over time as well as its relative position and ranking within its peers.
  
Check out Trending Equities.
Please note, there is a significant difference between 5Th Planet's value and its price as these two are different measures arrived at by different means. Investors typically determine if 5Th Planet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 5Th Planet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

5Th Planet Games Cash And Equivalents vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 5Th Planet's current stock value. Our valuation model uses many indicators to compare 5Th Planet value to that of its competitors to determine the firm's financial worth.
5Th Planet Games is the top company in current valuation category among its peers. It also is number one stock in cash and equivalents category among its peers creating about  0.03  of Cash And Equivalents per Current Valuation. The ratio of Current Valuation to Cash And Equivalents for 5Th Planet Games is roughly  28.73 . 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 5Th Planet's earnings, one of the primary drivers of an investment's value.

5Th Current Valuation vs. Competition

5Th Planet Games is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Electronic Gaming & Multimedia industry is presently estimated at about 34.85 Billion. 5Th Planet claims roughly 390.88 Million in current valuation contributing just under 2% to equities under Electronic Gaming & Multimedia industry.

5Th Cash And Equivalents vs. Current Valuation

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.

5Th Planet

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
390.88 M
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.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

5Th Planet

Cash

 = 

Bank Deposits

+

Liquidities

 = 
13.61 M
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

5Th Cash And Equivalents Comparison

5Th Planet is currently under evaluation in cash and equivalents category among its peers.

5Th Planet Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 5Th Planet, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 5Th Planet will eventually generate negative long term returns. The profitability progress is the general direction of 5Th Planet's change in net profit over the period of time. It can combine multiple indicators of 5Th Planet, 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.
5th Planet Games AS, a games development company, creates, develops, and publishes mobile and web-based games worldwide. The company was formerly known as Hugo Games AS and changed its name to 5th Planet Games AS in November 2018. 5th Planet Games AS was incorporated in 2011 and is based in Copenhagen, Denmark. 5TH PLANET is traded on Oslo Stock Exchange in Norway.

5Th Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 5Th Planet. 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 5Th Planet 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 5Th Planet's important profitability drivers and their relationship over time.

Use 5Th Planet 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 5Th Planet 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 5Th Planet will appreciate offsetting losses from the drop in the long position's value.

5Th Planet Pair Trading

5Th Planet Games Pair Trading Analysis

The ability to find closely correlated positions to 5Th Planet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 5Th Planet 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 5Th Planet - 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 5Th Planet Games to buy it.
The correlation of 5Th Planet 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 5Th Planet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 5Th Planet Games 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 5Th Planet 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your 5Th Planet position

In addition to having 5Th Planet 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 Data Storage Thematic Idea Now

Data Storage
Data Storage Theme
Companies making data storages or providing data storage services. The Data Storage theme has 42 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 Data Storage Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in 5Th Stock

To fully project 5Th Planet's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 5Th Planet Games 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 5Th Planet's income statement, its balance sheet, and the statement of cash flows.
Potential 5Th Planet investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although 5Th Planet investors may work on each financial statement separately, they are all related. The changes in 5Th Planet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on 5Th Planet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.