Cogelec SA Price To Book vs. Total Debt
| ALLEC Stock | EUR 15.10 0.40 2.58% |
For Cogelec SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cogelec SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cogelec SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cogelec SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cogelec SA over time as well as its relative position and ranking within its peers.
Cogelec |
Cogelec SA Total Debt vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cogelec SA's current stock value. Our valuation model uses many indicators to compare Cogelec SA value to that of its competitors to determine the firm's financial worth. Cogelec SA is number one stock in price to book category among its peers. It also is the top company in total debt category among its peers making up about 2,440,027 of Total Debt per Price To Book. 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 Cogelec SA's earnings, one of the primary drivers of an investment's value.Cogelec Total Debt vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Cogelec SA |
| = | 8.45 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Cogelec SA |
| = | 20.61 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Cogelec Total Debt vs Competition
Cogelec SA is the top company in total debt category among its peers. Total debt of Communication Equipment industry is presently estimated at about 138.25 Million. Cogelec SA retains roughly 20.61 Million in total debt claiming about 15% of stocks in Communication Equipment industry.
Cogelec SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cogelec SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cogelec SA will eventually generate negative long term returns. The profitability progress is the general direction of Cogelec SA's change in net profit over the period of time. It can combine multiple indicators of Cogelec SA, 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.
Cogelec SA engages in the manufacture and sale of wireless intercom systems and access control solutions for residential apartment buildings and single-family dwellings in Europe. Cogelec SA was incorporated in 2000 and is based in Mortagne-sur-Svre, France. COGELEC operates under Communication Equipment classification in France and is traded on Paris Stock Exchange. It employs 296 people.
Cogelec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cogelec SA. 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 Cogelec SA 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 Cogelec SA's important profitability drivers and their relationship over time.
Use Cogelec SA 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 Cogelec 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 Cogelec SA will appreciate offsetting losses from the drop in the long position's value.Cogelec SA Pair Trading
Cogelec SA Pair Trading Analysis
The ability to find closely correlated positions to Cogelec 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 Cogelec 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 Cogelec 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 Cogelec SA to buy it.
The correlation of Cogelec 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 Cogelec SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cogelec 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 Cogelec 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.Use Investing Themes to Complement your Cogelec SA position
In addition to having Cogelec SA 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?
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Additional Tools for Cogelec Stock Analysis
When running Cogelec SA's price analysis, check to measure Cogelec 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 Cogelec SA is operating at the current time. Most of Cogelec SA's value examination focuses on studying past and present price action to predict the probability of Cogelec 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 Cogelec SA's price. Additionally, you may evaluate how the addition of Cogelec SA to your portfolios can decrease your overall portfolio volatility.