Kingspan Group Price To Sales vs. Net Income
| KRX Stock | EUR 69.75 1.50 2.20% |
For Kingspan Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kingspan Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kingspan Group plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kingspan Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kingspan Group plc over time as well as its relative position and ranking within its peers.
Kingspan |
Kingspan Group plc Net Income vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kingspan Group's current stock value. Our valuation model uses many indicators to compare Kingspan Group value to that of its competitors to determine the firm's financial worth. Kingspan Group plc is rated fourth overall in price to sales category among its peers. It is rated below average in net income category among its peers making up about 493,969,932 of Net Income per Price To Sales. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Kingspan Group's earnings, one of the primary drivers of an investment's value.Kingspan Net Income vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Kingspan Group |
| = | 1.21 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Kingspan Group |
| = | 598 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Kingspan Net Income Comparison
Kingspan Group is currently under evaluation in net income category among its peers.
Kingspan Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kingspan Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kingspan Group will eventually generate negative long term returns. The profitability progress is the general direction of Kingspan Group's change in net profit over the period of time. It can combine multiple indicators of Kingspan 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.
Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in the Republic of Ireland, the United Kingdom, rest of Europe, the Americas, and internationally. Kingspan Group plc was founded in 1965 and is headquartered in Kingscourt, Ireland. KINGSPAN GRP is traded on Frankfurt Stock Exchange in Germany.
Kingspan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kingspan 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 Kingspan 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 Kingspan Group's important profitability drivers and their relationship over time.
Use Kingspan 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 Kingspan 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 Kingspan Group will appreciate offsetting losses from the drop in the long position's value.Kingspan Group Pair Trading
Kingspan Group plc Pair Trading Analysis
The ability to find closely correlated positions to Kingspan 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 Kingspan 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 Kingspan 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 Kingspan Group plc to buy it.
The correlation of Kingspan 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 Kingspan Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kingspan 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 Kingspan 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 Kingspan Group position
In addition to having Kingspan Group 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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Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 39 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Kingspan Stock
To fully project Kingspan Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kingspan 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 Kingspan Group's income statement, its balance sheet, and the statement of cash flows.