Coface SA Return On Asset vs. Current Valuation
| COFA Stock | EUR 14.64 0.08 0.55% |
For Coface SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coface SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coface SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coface SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coface SA over time as well as its relative position and ranking within its peers.
Coface |
Coface SA Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coface SA's current stock value. Our valuation model uses many indicators to compare Coface SA value to that of its competitors to determine the firm's financial worth. Coface SA is number one stock in return on asset category among its peers. It also is the top company in current valuation category among its peers reporting about 106,427,845,073 of Current Valuation per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Coface SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Coface SA's Stock. 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.Coface Current Valuation 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.
Coface SA |
| = | 0.0341 |
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.
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.
Coface SA |
| = | 3.63 B |
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.
Coface Current Valuation vs Competition
Coface SA is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 19.8 Billion. Coface SA retains roughly 3.63 Billion in current valuation claiming about 18% of equities under Financials industry.
Coface SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coface SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coface SA will eventually generate negative long term returns. The profitability progress is the general direction of Coface SA's change in net profit over the period of time. It can combine multiple indicators of Coface 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.
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. COFACE SA was founded in 1946 and is headquartered in Bois-Colombes, France. COFACE operates under InsuranceReinsurance classification in France and is traded on Paris Stock Exchange. It employs 3396 people.
Coface Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coface 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 Coface 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 Coface SA's important profitability drivers and their relationship over time.
Use Coface 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 Coface 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 Coface SA will appreciate offsetting losses from the drop in the long position's value.Coface SA Pair Trading
Coface SA Pair Trading Analysis
The ability to find closely correlated positions to Coface 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 Coface 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 Coface 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 Coface SA to buy it.
The correlation of Coface 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 Coface SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coface 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 Coface 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 Coface SA position
In addition to having Coface 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 Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 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 Machinery Theme or any other thematic opportunities.
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Other Information on Investing in Coface Stock
To fully project Coface SA's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Coface SA 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 Coface SA's income statement, its balance sheet, and the statement of cash flows.