Smurfit Kappa Current Valuation vs. Cash Per Share
| SK3 Stock | EUR 49.80 1.10 2.16% |
For Smurfit Kappa profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smurfit Kappa to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smurfit Kappa Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smurfit Kappa's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smurfit Kappa Group over time as well as its relative position and ranking within its peers.
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Smurfit Kappa Group Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smurfit Kappa's current stock value. Our valuation model uses many indicators to compare Smurfit Kappa value to that of its competitors to determine the firm's financial worth. Smurfit Kappa Group is rated below average in current valuation category among its peers. It also is rated below average in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Smurfit Kappa Group is about 7,181,667,059 . 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 Smurfit Kappa's earnings, one of the primary drivers of an investment's value.Smurfit Current Valuation vs. Competition
Smurfit Kappa Group is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Packaging & Containers industry is at this time estimated at about 130.68 Billion. Smurfit Kappa holds roughly 12.35 Billion in current valuation claiming about 9% of equities listed under Packaging & Containers industry.
Smurfit Cash Per Share vs. Current Valuation
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.
Smurfit Kappa |
| = | 12.35 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Smurfit Kappa |
| = | 1.72 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Smurfit Cash Per Share Comparison
Smurfit Kappa is rated fifth in cash per share category among its peers.
Smurfit Kappa Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smurfit Kappa, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smurfit Kappa will eventually generate negative long term returns. The profitability progress is the general direction of Smurfit Kappa's change in net profit over the period of time. It can combine multiple indicators of Smurfit Kappa, 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.
Smurfit Kappa Group plc, together with its subsidiaries, manufactures, distributes, and sells paper-based packaging products. Smurfit Kappa Group plc was founded in 1934 and is headquartered in Dublin, Ireland. SMURFIT KAPPA operates under Packaging Containers classification in Germany and is traded on Frankfurt Stock Exchange. It employs 46000 people.
Smurfit Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smurfit Kappa. 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 Smurfit Kappa 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 Smurfit Kappa's important profitability drivers and their relationship over time.
Use Smurfit Kappa 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 Smurfit Kappa 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 Smurfit Kappa will appreciate offsetting losses from the drop in the long position's value.Smurfit Kappa Pair Trading
Smurfit Kappa Group Pair Trading Analysis
The ability to find closely correlated positions to Smurfit Kappa could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smurfit Kappa 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 Smurfit Kappa - 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 Smurfit Kappa Group to buy it.
The correlation of Smurfit Kappa 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 Smurfit Kappa moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smurfit Kappa Group 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 Smurfit Kappa 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 Smurfit Kappa position
In addition to having Smurfit Kappa 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 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 Consumer Goods Theme or any other thematic opportunities.
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Other Information on Investing in Smurfit Stock
To fully project Smurfit Kappa's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Smurfit Kappa Group 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 Smurfit Kappa's income statement, its balance sheet, and the statement of cash flows.