Lundin Energy Price To Book vs. Price To Sales
| LYV Stock | EUR 0.59 0.03 5.36% |
For Lundin Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lundin Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lundin Energy AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lundin Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lundin Energy AB over time as well as its relative position and ranking within its peers.
Lundin |
Lundin Energy AB Price To Sales vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lundin Energy's current stock value. Our valuation model uses many indicators to compare Lundin Energy value to that of its competitors to determine the firm's financial worth. Lundin Energy AB is rated third overall in price to book category among its peers. It is currently regarded as number one stock in price to sales category among its peers fabricating about 118.58 of Price To Sales per Price To Book. 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 Lundin Energy's earnings, one of the primary drivers of an investment's value.Lundin Price To Sales vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Lundin Energy |
| = | 1.98 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
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| = | 234.34 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.
Lundin Price To Sales Comparison
Lundin Energy is currently under evaluation in price to sales category among its peers.
Lundin Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lundin Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lundin Energy will eventually generate negative long term returns. The profitability progress is the general direction of Lundin Energy's change in net profit over the period of time. It can combine multiple indicators of Lundin Energy, 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.
Lundin Energy AB , an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. Lundin Energy AB was incorporated in 2001 and is headquartered in Stockholm, Sweden. LUNDIN ENERGY operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange. It employs 448 people.
Lundin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lundin Energy. 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 Lundin Energy 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 Lundin Energy's important profitability drivers and their relationship over time.
Use Lundin Energy 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 Lundin Energy 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 Lundin Energy will appreciate offsetting losses from the drop in the long position's value.Lundin Energy Pair Trading
Lundin Energy AB Pair Trading Analysis
The ability to find closely correlated positions to Lundin Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lundin Energy 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 Lundin Energy - 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 Lundin Energy AB to buy it.
The correlation of Lundin Energy 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 Lundin Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lundin Energy AB 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 Lundin Energy 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 Lundin Energy position
In addition to having Lundin Energy 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 Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management 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 Management Theme or any other thematic opportunities.
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Other Information on Investing in Lundin Stock
To fully project Lundin Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lundin Energy AB 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 Lundin Energy's income statement, its balance sheet, and the statement of cash flows.