Galileo Tech Gross Profit vs. Price To Earning
| GLTC Stock | 12.80 2.10 14.09% |
For Galileo Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galileo Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galileo Tech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galileo Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galileo Tech over time as well as its relative position and ranking within its peers.
Galileo |
Galileo Tech Price To Earning vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galileo Tech's current stock value. Our valuation model uses many indicators to compare Galileo Tech value to that of its competitors to determine the firm's financial worth. Galileo Tech is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in price to earning category among its peers . The ratio of Gross Profit to Price To Earning for Galileo Tech is about 4,978 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Galileo Tech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Galileo Tech'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.Galileo Price To Earning vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Galileo Tech |
| = | 150 K |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
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.
Galileo Tech |
| = | 30.13 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.
Galileo Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galileo Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galileo Tech will eventually generate negative long term returns. The profitability progress is the general direction of Galileo Tech's change in net profit over the period of time. It can combine multiple indicators of Galileo Tech, 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.
Israel Ltd. develops a system of technology to convert municipal solid waste, green waste, and waste tires into useable and marketable end products. Its customers include country governments, states, counties, and municipalities private waste management companies large waste generators, such as pulp mills, recycling and material recovery facilities, private businesses, and disaster relief organizations in Israel and internationally. GALILEO TECH is traded on Tel Aviv Stock Exchange in Israel.
Galileo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galileo Tech. 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 Galileo Tech 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 Galileo Tech's important profitability drivers and their relationship over time.
Use Galileo Tech 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 Galileo Tech 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 Galileo Tech will appreciate offsetting losses from the drop in the long position's value.Galileo Tech Pair Trading
Galileo Tech Pair Trading Analysis
The ability to find closely correlated positions to Galileo Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galileo Tech 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 Galileo Tech - 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 Galileo Tech to buy it.
The correlation of Galileo Tech 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 Galileo Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galileo Tech 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 Galileo Tech 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 Galileo Tech position
In addition to having Galileo Tech 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 Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 46 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 Corporate Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Galileo Stock
To fully project Galileo Tech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Galileo Tech 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 Galileo Tech's income statement, its balance sheet, and the statement of cash flows.