Smiths Group Revenue vs. Net Income
| SMGZY Stock | USD 22.36 0.53 2.32% |
For Smiths Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Smiths Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Smiths Group Plc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Smiths Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Smiths Group Plc over time as well as its relative position and ranking within its peers.
Smiths |
Smiths Group Plc Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Smiths Group's current stock value. Our valuation model uses many indicators to compare Smiths Group value to that of its competitors to determine the firm's financial worth. Smiths Group Plc is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 0.05 of Net Income per Revenue. The ratio of Revenue to Net Income for Smiths Group Plc is roughly 18.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Smiths Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Smiths Group's Pink Sheet. 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.Smiths Revenue vs. Competition
Smiths Group Plc is currently regarded number one company in revenue category among its peers. Market size based on revenue of Specialty Industrial Machinery industry is at this time estimated at about 87.75 Billion. Smiths Group holds roughly 2.57 Billion in revenue claiming about 2.92% of equities listed under Specialty Industrial Machinery industry.
Smiths Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Smiths Group |
| = | 2.57 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Smiths Group |
| = | 136 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Smiths Net Income Comparison
Smiths Group is currently under evaluation in net income category among its peers.
Smiths Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Smiths Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Smiths Group will eventually generate negative long term returns. The profitability progress is the general direction of Smiths Group's change in net profit over the period of time. It can combine multiple indicators of Smiths Group, 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.
Smiths Group plc operates as a technology company serving the medical technology, security and defense, general industrial, energy, and space and aerospace markets worldwide. Smiths Group plc was founded in 1851 and is headquartered in London, the United Kingdom. SMITHS GROUP operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 14764 people.
Smiths Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Smiths Group. 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 Smiths Group 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 Smiths Group's important profitability drivers and their relationship over time.
Use Smiths Group 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 Smiths Group 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 Smiths Group will appreciate offsetting losses from the drop in the long position's value.Smiths Group Pair Trading
Smiths Group Plc Pair Trading Analysis
The ability to find closely correlated positions to Smiths Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Smiths Group 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 Smiths Group - 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 Smiths Group Plc to buy it.
The correlation of Smiths Group 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 Smiths Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Smiths Group Plc 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 Smiths Group 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 Smiths Group position
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Additional Tools for Smiths Pink Sheet Analysis
When running Smiths Group's price analysis, check to measure Smiths Group'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 Smiths Group is operating at the current time. Most of Smiths Group's value examination focuses on studying past and present price action to predict the probability of Smiths Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smiths Group's price. Additionally, you may evaluate how the addition of Smiths Group to your portfolios can decrease your overall portfolio volatility.