Nolato AB Return On Equity vs. Current Valuation
| NOLA-B Stock | SEK 54.25 1.05 1.90% |
For Nolato AB profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nolato AB to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nolato AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nolato AB's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nolato AB over time as well as its relative position and ranking within its peers.
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Nolato AB Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nolato AB's current stock value. Our valuation model uses many indicators to compare Nolato AB value to that of its competitors to determine the firm's financial worth. Nolato AB is considered to be number one stock in return on equity category among its peers. It also is rated top company in current valuation category among its peers reporting about 116,820,999,694 of Current Valuation per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nolato AB by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nolato AB'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.Nolato Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Nolato AB |
| = | 0.14 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Nolato AB |
| = | 16.03 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Nolato Current Valuation vs Competition
Nolato AB is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Equipment industry is now estimated at about 17.42 Billion. Nolato AB totals roughly 16.03 Billion in current valuation claiming about 92% of stocks in Communication Equipment industry.
Nolato AB Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nolato AB, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nolato AB will eventually generate negative long term returns. The profitability progress is the general direction of Nolato AB's change in net profit over the period of time. It can combine multiple indicators of Nolato AB, 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.
Nolato AB develops, manufactures, and sells plastic, silicone, and thermoplastic elastomer products for medical technology, pharmaceutical, consumer electronics, telecom, automotive, and other industrial sectors. Nolato AB was founded in 1938 and is headquartered in Torekov, Sweden. Nolato AB operates under Communication Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 5521 people.
Nolato Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nolato AB. 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 Nolato AB 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 Nolato AB's important profitability drivers and their relationship over time.
Use Nolato AB 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 Nolato AB 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 Nolato AB will appreciate offsetting losses from the drop in the long position's value.Nolato AB Pair Trading
Nolato AB Pair Trading Analysis
The ability to find closely correlated positions to Nolato AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nolato AB 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 Nolato AB - 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 Nolato AB to buy it.
The correlation of Nolato AB 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 Nolato AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nolato 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 Nolato AB 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 Nolato AB position
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Other Information on Investing in Nolato Stock
To fully project Nolato AB's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nolato 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 Nolato AB's income statement, its balance sheet, and the statement of cash flows.