TomTom NV EBITDA vs. Current Valuation
| OEMA Stock | EUR 5.34 0.11 2.02% |
For TomTom NV profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TomTom NV to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TomTom NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TomTom NV's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TomTom NV over time as well as its relative position and ranking within its peers.
TomTom |
TomTom NV Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TomTom NV's current stock value. Our valuation model uses many indicators to compare TomTom NV value to that of its competitors to determine the firm's financial worth. TomTom NV is rated below average in ebitda category among its peers. It is rated below average in current valuation category among its peers . 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 TomTom NV's earnings, one of the primary drivers of an investment's value.TomTom Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
TomTom NV |
| = | (36.94 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
TomTom NV |
| = | 576.53 M |
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.
TomTom Current Valuation vs Competition
TomTom NV is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Other industry is now estimated at about 64.77 Billion. TomTom NV maintains roughly 576.53 Million in current valuation contributing less than 1% to all equities under Other industry.
TomTom Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TomTom NV. 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 TomTom NV 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 TomTom NV's important profitability drivers and their relationship over time.
Use TomTom NV 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 TomTom NV 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 TomTom NV will appreciate offsetting losses from the drop in the long position's value.TomTom NV Pair Trading
TomTom NV Pair Trading Analysis
The ability to find closely correlated positions to TomTom NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TomTom NV 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 TomTom NV - 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 TomTom NV to buy it.
The correlation of TomTom NV 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 TomTom NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TomTom NV 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 TomTom NV 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 TomTom NV position
In addition to having TomTom NV 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 Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 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 Hybrid Mix Funds Theme or any other thematic opportunities.
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Additional Tools for TomTom Stock Analysis
When running TomTom NV's price analysis, check to measure TomTom NV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TomTom NV is operating at the current time. Most of TomTom NV's value examination focuses on studying past and present price action to predict the probability of TomTom NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TomTom NV's price. Additionally, you may evaluate how the addition of TomTom NV to your portfolios can decrease your overall portfolio volatility.