Cancom Se Stock Return On Asset
| COK Stock | EUR 29.28 0.72 2.40% |
Cancom SE fundamentals help investors to digest information that contributes to Cancom SE's financial success or failures. It also enables traders to predict the movement of Cancom Stock. The fundamental analysis module provides a way to measure Cancom SE's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cancom SE stock.
Cancom |
Cancom SE Company Return On Asset Analysis
Cancom SE's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Cancom SE Return On Asset | 0.0258 |
Most of Cancom SE's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cancom SE is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Cancom SE has a Return On Asset of 0.0258. This is 100.89% lower than that of the Technology sector and 98.5% lower than that of the Information Technology Services industry. The return on asset for all Germany stocks is 118.43% lower than that of the firm.
Cancom Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cancom SE's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cancom SE could also be used in its relative valuation, which is a method of valuing Cancom SE by comparing valuation metrics of similar companies.Cancom SE is currently under evaluation in return on asset category among related companies.
Cancom Fundamentals
| Return On Equity | 0.0542 | |||
| Return On Asset | 0.0258 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 793.25 M | |||
| Shares Outstanding | 35.37 M | |||
| Shares Owned By Insiders | 3.25 % | |||
| Shares Owned By Institutions | 70.31 % | |||
| Price To Earning | 36.00 X | |||
| Price To Book | 1.48 X | |||
| Price To Sales | 0.80 X | |||
| Revenue | 1.31 B | |||
| Gross Profit | 424.6 M | |||
| EBITDA | 131.46 M | |||
| Net Income | 272.97 M | |||
| Cash And Equivalents | 332.58 M | |||
| Cash Per Share | 8.63 X | |||
| Total Debt | 12 K | |||
| Debt To Equity | 0.15 % | |||
| Current Ratio | 1.55 X | |||
| Book Value Per Share | 19.53 X | |||
| Cash Flow From Operations | 72.31 M | |||
| Earnings Per Share | 1.14 X | |||
| Price To Earnings To Growth | 1.44 X | |||
| Target Price | 38.1 | |||
| Number Of Employees | 3.83 K | |||
| Beta | 1.44 | |||
| Market Capitalization | 1.19 B | |||
| Total Asset | 1.41 B | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 1.05 % | |||
| Net Asset | 1.41 B | |||
| Last Dividend Paid | 1.0 |
About Cancom SE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cancom SE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cancom SE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cancom SE based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cancom SE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cancom SE's short interest history, or implied volatility extrapolated from Cancom SE options trading.
Pair Trading with Cancom SE
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 Cancom SE 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 Cancom SE will appreciate offsetting losses from the drop in the long position's value.Moving against Cancom Stock
| 0.62 | CGM | Capgemini SE | PairCorr |
| 0.58 | OIXA | Orix Corp Ads | PairCorr |
| 0.53 | E908 | Lyxor 1 | PairCorr |
| 0.52 | KBIA | KB Financial Group | PairCorr |
| 0.52 | TKDA | Takeda Pharmaceutical | PairCorr |
The ability to find closely correlated positions to Cancom SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cancom SE 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 Cancom SE - 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 Cancom SE to buy it.
The correlation of Cancom SE 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 Cancom SE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cancom SE 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 Cancom SE 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cancom SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Cancom Stock analysis
When running Cancom SE's price analysis, check to measure Cancom SE'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 Cancom SE is operating at the current time. Most of Cancom SE's value examination focuses on studying past and present price action to predict the probability of Cancom SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cancom SE's price. Additionally, you may evaluate how the addition of Cancom SE to your portfolios can decrease your overall portfolio volatility.
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |