Finnair Oyj Revenue vs. Return On Asset
| FIA1S Stock | EUR 2.31 0.08 3.35% |
For Finnair Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Finnair Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Finnair Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Finnair Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Finnair Oyj over time as well as its relative position and ranking within its peers.
Finnair |
Finnair Oyj Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Finnair Oyj's current stock value. Our valuation model uses many indicators to compare Finnair Oyj value to that of its competitors to determine the firm's financial worth. Finnair Oyj is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Finnair Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Finnair Oyj'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.Finnair Revenue vs. Competition
Finnair Oyj is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 168.81 Billion. Finnair Oyj adds roughly 838.4 Million in revenue claiming only tiny portion of equities under Industrials industry.
Finnair Return On Asset 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.
Finnair Oyj |
| = | 838.4 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.
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.
Finnair Oyj |
| = | -0.0433 |
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.
Finnair Return On Asset Comparison
Finnair Oyj is currently under evaluation in return on asset category among its peers.
Finnair Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Finnair Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Finnair Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Finnair Oyj's change in net profit over the period of time. It can combine multiple indicators of Finnair Oyj, 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.
Finnair Oyj provides passenger and cargo airline services to various destinations between Asia and Europe. The company was founded in 1923 and is based in Vantaa, Finland. Finnair Oyj operates under Airports Air Services classification in Finland and is traded on Helsinki Exchange. It employs 6589 people.
Finnair Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Finnair Oyj. 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 Finnair Oyj 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 Finnair Oyj's important profitability drivers and their relationship over time.
Use Finnair Oyj 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 Finnair Oyj 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 Finnair Oyj will appreciate offsetting losses from the drop in the long position's value.Finnair Oyj Pair Trading
Finnair Oyj Pair Trading Analysis
The ability to find closely correlated positions to Finnair Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Finnair Oyj 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 Finnair Oyj - 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 Finnair Oyj to buy it.
The correlation of Finnair Oyj 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 Finnair Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Finnair Oyj 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 Finnair Oyj 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 Finnair Oyj position
In addition to having Finnair Oyj 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 Financials Thematic Idea Now
Financials
Companies that provide financial services to business or retail customers. The Financials theme has 20 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 Financials Theme or any other thematic opportunities.
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Other Information on Investing in Finnair Stock
To fully project Finnair Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Finnair Oyj 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 Finnair Oyj's income statement, its balance sheet, and the statement of cash flows.