Byggma Return On Asset vs. Revenue
| BMA Stock | NOK 15.05 0.15 0.99% |
For Byggma profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Byggma to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Byggma utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Byggma's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Byggma over time as well as its relative position and ranking within its peers.
Byggma |
Byggma Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Byggma's current stock value. Our valuation model uses many indicators to compare Byggma value to that of its competitors to determine the firm's financial worth. Byggma is number one stock in return on asset category among its peers. It also is the top company in revenue category among its peers totaling about 26,340,224,719 of Revenue per Return On Asset. 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 Byggma's earnings, one of the primary drivers of an investment's value.Byggma Revenue vs. Return On Asset
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.
Byggma |
| = | 0.089 |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Byggma |
| = | 2.34 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Byggma Revenue vs Competition
Byggma is the top company in revenue category among its peers. Market size based on revenue of Building Materials industry is currently estimated at about 40.88 Billion. Byggma holds roughly 2.34 Billion in revenue claiming about 6% of stocks in Building Materials industry.
Byggma Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Byggma, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Byggma will eventually generate negative long term returns. The profitability progress is the general direction of Byggma's change in net profit over the period of time. It can combine multiple indicators of Byggma, 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.
Byggma ASA manufactures and supplies building materials to builders and retailers in the Nordic countries. It offers pre-painted ceilings and wall panels under the Huntonit brand name I-beams for use in ceilings, walls, and floors in wood-based buildings under the brand name of Masonite fiberboards, boards, and structural panels for use in buildings, pre painted ceilings, and wall panels under the Forestia brand name home lighting products under the Scan Lamps brand name doors and windows for new buildings, extensions, or rehabilitation under the brand name of Uldal and a range of lamp and lighting products under the Aneta brand name. Byggma ASA operates under Building And Construction Materials classification in Norway and is traded on Oslo Stock Exchange.
Byggma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Byggma. 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 Byggma 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 Byggma's important profitability drivers and their relationship over time.
Use Byggma 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 Byggma 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 Byggma will appreciate offsetting losses from the drop in the long position's value.Byggma Pair Trading
Byggma Pair Trading Analysis
The ability to find closely correlated positions to Byggma could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byggma 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 Byggma - 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 Byggma to buy it.
The correlation of Byggma 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 Byggma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byggma 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 Byggma 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 Byggma position
In addition to having Byggma 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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Other Information on Investing in Byggma Stock
To fully project Byggma's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Byggma 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 Byggma's income statement, its balance sheet, and the statement of cash flows.