Engie SA Cash Per Share vs. Return On Equity
| ENGIY Stock | USD 15.79 0.13 0.82% |
For Engie SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Engie SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Engie SA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Engie SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Engie SA ADR over time as well as its relative position and ranking within its peers.
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Engie SA ADR Return On Equity vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Engie SA's current stock value. Our valuation model uses many indicators to compare Engie SA value to that of its competitors to determine the firm's financial worth. Engie SA ADR is rated # 5 in cash per share category among its peers. It also is rated # 5 in return on equity category among its peers reporting about 0.02 of Return On Equity per Cash Per Share. The ratio of Cash Per Share to Return On Equity for Engie SA ADR is roughly 45.37 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Engie SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Engie 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.Engie Return On Equity vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Engie SA |
| = | 6.42 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Engie SA |
| = | 0.14 |
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.
Engie Return On Equity Comparison
Engie SA is currently under evaluation in return on equity category among its peers.
Engie SA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Engie SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Engie SA will eventually generate negative long term returns. The profitability progress is the general direction of Engie SA's change in net profit over the period of time. It can combine multiple indicators of Engie 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.
ENGIE SA engages in the power, natural gas, and energy services businesses. The company was founded in 1880 and is headquartered in Courbevoie, France. Gdf Suez is traded on OTC Exchange in the United States.
Engie Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Engie 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 Engie 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 Engie SA's important profitability drivers and their relationship over time.
Use Engie 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 Engie 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 Engie SA will appreciate offsetting losses from the drop in the long position's value.Engie SA Pair Trading
Engie SA ADR Pair Trading Analysis
The ability to find closely correlated positions to Engie 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 Engie 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 Engie 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 Engie SA ADR to buy it.
The correlation of Engie 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 Engie SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Engie 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 Engie 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 Engie SA position
In addition to having Engie 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 Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Engie Pink Sheet Analysis
When running Engie SA's price analysis, check to measure Engie SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Engie SA is operating at the current time. Most of Engie SA's value examination focuses on studying past and present price action to predict the probability of Engie SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Engie SA's price. Additionally, you may evaluate how the addition of Engie SA to your portfolios can decrease your overall portfolio volatility.