KONE Oyj Revenue vs. Return On Asset
| KNEBV Stock | EUR 48.12 0.99 2.02% |
For KONE Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KONE Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KONE Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KONE Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KONE Oyj over time as well as its relative position and ranking within its peers.
KONE |
KONE Oyj Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining KONE Oyj's current stock value. Our valuation model uses many indicators to compare KONE Oyj value to that of its competitors to determine the firm's financial worth. KONE Oyj is rated below average in revenue category among its peers. It also is rated below average in return on asset category among its peers . The ratio of Revenue to Return On Asset for KONE Oyj is about 152,541,258,741 . Comparative valuation analysis is a catch-all model that can be used if you cannot value KONE Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for KONE 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.KONE Revenue vs. Competition
KONE Oyj is rated below average in revenue category among its peers. Market size based on revenue of Industrials industry is now estimated at about 442.02 Billion. KONE Oyj holds roughly 10.91 Billion in revenue claiming about 2.47% of equities under Industrials industry.
KONE 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.
KONE Oyj |
| = | 10.91 B |
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.
KONE Oyj |
| = | 0.0715 |
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.
KONE Return On Asset Comparison
KONE Oyj is rated below average in return on asset category among its peers.
KONE Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in KONE Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KONE Oyj will eventually generate negative long term returns. The profitability progress is the general direction of KONE Oyj's change in net profit over the period of time. It can combine multiple indicators of KONE 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.
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business. KONE Oyj was founded in 1910 and is headquartered in Helsinki, Finland. KONE operates under Diversified Industrials classification in Finland and is traded on Helsinki Exchange. It employs 58051 people.
KONE Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on KONE 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 KONE 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 KONE Oyj's important profitability drivers and their relationship over time.
Use KONE 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 KONE 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 KONE Oyj will appreciate offsetting losses from the drop in the long position's value.KONE Oyj Pair Trading
KONE Oyj Pair Trading Analysis
The ability to find closely correlated positions to KONE 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 KONE 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 KONE 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 KONE Oyj to buy it.
The correlation of KONE 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 KONE Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KONE 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 KONE 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 KONE Oyj position
In addition to having KONE 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?
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Other Information on Investing in KONE Stock
To fully project KONE Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KONE 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 KONE Oyj's income statement, its balance sheet, and the statement of cash flows.