CGG SA Price To Sales vs. Return On Asset
| CGGYYDelisted Stock | USD 0.89 0.01 1.14% |
For CGG SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CGG SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CGG SA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CGG SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CGG SA ADR over time as well as its relative position and ranking within its peers.
CGG |
CGG SA ADR Return On Asset vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CGG SA's current stock value. Our valuation model uses many indicators to compare CGG SA value to that of its competitors to determine the firm's financial worth. CGG SA ADR is rated below average in price to sales category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.11 of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for CGG SA ADR is roughly 9.19 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CGG SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CGG SA's Pink Sheet. 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.CGG Return On Asset vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
CGG SA |
| = | 0.41 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
CGG SA |
| = | 0.0445 |
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.
CGG Return On Asset Comparison
CGG SA is currently under evaluation in return on asset category among its peers.
CGG SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CGG SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CGG SA will eventually generate negative long term returns. The profitability progress is the general direction of CGG SA's change in net profit over the period of time. It can combine multiple indicators of CGG 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.
CGG provides data, products, services, and solutions in Earth science, data science, sensing, and monitoring in North America, the Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. CGG was incorporated in 1931 and is headquartered in Massy, France. Compagnie Generale operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 3200 people.
CGG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CGG 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 CGG 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 CGG SA's important profitability drivers and their relationship over time.
Use CGG 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 CGG 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 CGG SA will appreciate offsetting losses from the drop in the long position's value.CGG SA Pair Trading
CGG SA ADR Pair Trading Analysis
The ability to find closely correlated positions to CGG 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 CGG 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 CGG 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 CGG SA ADR to buy it.
The correlation of CGG 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 CGG SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CGG SA ADR 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 CGG 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 CGG SA position
In addition to having CGG 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?
Run Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture 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 Furniture Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in CGG Pink Sheet
If you are still planning to invest in CGG SA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CGG SA's history and understand the potential risks before investing.
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