Polytec Holding Total Debt vs. EBITDA
| PYT Stock | EUR 2.10 0.01 0.47% |
For Polytec Holding profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Polytec Holding to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Polytec Holding AG utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Polytec Holding's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Polytec Holding AG over time as well as its relative position and ranking within its peers.
Polytec |
Polytec Holding AG EBITDA vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Polytec Holding's current stock value. Our valuation model uses many indicators to compare Polytec Holding value to that of its competitors to determine the firm's financial worth. Polytec Holding AG is rated top company in total debt category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about 0.31 of EBITDA per Total Debt. The ratio of Total Debt to EBITDA for Polytec Holding AG is roughly 3.21 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Polytec Holding by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Polytec Holding'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.Polytec Total Debt vs. Competition
Polytec Holding AG is rated top company in total debt category among its peers. Total debt of Auto Parts And Components industry is at this time estimated at about 4.97 Billion. Polytec Holding holds roughly 145.09 Million in total debt claiming about 2.92% of stocks in Auto Parts And Components industry.
Polytec EBITDA vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Polytec Holding |
| = | 145.09 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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.
Polytec Holding |
| = | 45.13 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.
Polytec EBITDA Comparison
Polytec Holding is currently under evaluation in ebitda category among its peers.
Polytec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Polytec Holding. 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 Polytec Holding 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 Polytec Holding's important profitability drivers and their relationship over time.
Use Polytec Holding 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 Polytec Holding 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 Polytec Holding will appreciate offsetting losses from the drop in the long position's value.Polytec Holding Pair Trading
Polytec Holding AG Pair Trading Analysis
The ability to find closely correlated positions to Polytec Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Polytec Holding 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 Polytec Holding - 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 Polytec Holding AG to buy it.
The correlation of Polytec Holding 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 Polytec Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Polytec Holding AG 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 Polytec Holding 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 Polytec Holding position
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Other Information on Investing in Polytec Stock
To fully project Polytec Holding's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Polytec Holding AG 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 Polytec Holding's income statement, its balance sheet, and the statement of cash flows.