Enento Group Return On Equity vs. Current Valuation
| ENENTO Stock | EUR 17.12 0.12 0.71% |
For Enento Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enento Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enento Group Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enento Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enento Group Plc over time as well as its relative position and ranking within its peers.
Enento |
Enento Group Plc Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Enento Group's current stock value. Our valuation model uses many indicators to compare Enento Group value to that of its competitors to determine the firm's financial worth. Enento Group Plc is one of the top stocks in return on equity category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 8,060,888,235 of Current Valuation per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Enento Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enento Group'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.Enento Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Enento Group |
| = | 0.081 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Enento Group |
| = | 652.93 M |
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.
Enento Current Valuation vs Competition
Enento Group Plc is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 9.92 Billion. Enento Group holds roughly 652.93 Million in current valuation claiming about 7% of equities under Industrials industry.
Enento Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Enento Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enento Group will eventually generate negative long term returns. The profitability progress is the general direction of Enento Group's change in net profit over the period of time. It can combine multiple indicators of Enento Group, 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.
Enento Group Oyj, through its subsidiaries, provides digital business and consumer information services in Finland. Enento Group Oyj was founded in 1905 and is headquartered in Helsinki, Finland. Enento Group operates under Consulting Services classification in Finland and is traded on Helsinki Exchange. It employs 429 people.
Enento Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Enento Group. 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 Enento Group 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 Enento Group's important profitability drivers and their relationship over time.
Use Enento Group 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 Enento Group 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 Enento Group will appreciate offsetting losses from the drop in the long position's value.Enento Group Pair Trading
Enento Group Plc Pair Trading Analysis
The ability to find closely correlated positions to Enento Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enento Group 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 Enento Group - 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 Enento Group Plc to buy it.
The correlation of Enento Group 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 Enento Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enento Group Plc 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 Enento Group 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 Enento Group position
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Other Information on Investing in Enento Stock
To fully project Enento Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Enento Group Plc 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 Enento Group's income statement, its balance sheet, and the statement of cash flows.