Encavis AG Revenue vs. Price To Earning
| ECV Stock | EUR 17.33 0.05 0.29% |
For Encavis AG profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Encavis AG to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Encavis AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Encavis AG's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Encavis AG over time as well as its relative position and ranking within its peers.
Encavis |
Encavis AG Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Encavis AG's current stock value. Our valuation model uses many indicators to compare Encavis AG value to that of its competitors to determine the firm's financial worth. Encavis AG is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in price to earning category among its peers . The ratio of Revenue to Price To Earning for Encavis AG is about 1,788,726 . 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 Encavis AG's earnings, one of the primary drivers of an investment's value.Encavis Revenue vs. Competition
Encavis AG is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Utilities—Renewable industry is currently estimated at about 42.04 Billion. Encavis AG maintains roughly 332.7 Million in revenue contributing less than 1% to Utilities—Renewable industry.
Encavis Price To Earning vs. Revenue
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.
Encavis AG |
| = | 332.7 M |
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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Encavis AG |
| = | 186.00 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Encavis Price To Earning Comparison
Encavis AG is currently under evaluation in price to earning category among its peers.
Encavis AG Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Encavis AG, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Encavis AG will eventually generate negative long term returns. The profitability progress is the general direction of Encavis AG's change in net profit over the period of time. It can combine multiple indicators of Encavis AG, 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.
Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks. It also provides advisory and asset management services to institutional investors in the renewable energy sector and commercial, technical, and other services. ENCAVIS AG operates under UtilitiesRenewable classification in Germany and is traded on Frankfurt Stock Exchange. It employs 142 people.
Encavis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Encavis AG. 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 Encavis AG 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 Encavis AG's important profitability drivers and their relationship over time.
Use Encavis AG 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 Encavis AG 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 Encavis AG will appreciate offsetting losses from the drop in the long position's value.Encavis AG Pair Trading
Encavis AG Pair Trading Analysis
The ability to find closely correlated positions to Encavis AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Encavis AG 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 Encavis AG - 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 Encavis AG to buy it.
The correlation of Encavis AG 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 Encavis AG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Encavis AG 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 Encavis AG 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 Encavis AG position
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Other Information on Investing in Encavis Stock
To fully project Encavis AG's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Encavis AG 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 Encavis AG's income statement, its balance sheet, and the statement of cash flows.