Devport Ab Stock Price To Earning
| DEVP-B Stock | SEK 36.20 0.90 2.55% |
DevPort AB fundamentals help investors to digest information that contributes to DevPort AB's financial success or failures. It also enables traders to predict the movement of DevPort Stock. The fundamental analysis module provides a way to measure DevPort AB'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 DevPort AB stock.
DevPort |
DevPort AB Company Price To Earning Analysis
DevPort AB's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current DevPort AB Price To Earning | 14.19 X |
Most of DevPort AB's fundamental indicators, such as Price To Earning, 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, DevPort AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, DevPort AB has a Price To Earning of 14.19 times. This is 48.74% lower than that of the Technology sector and 75.45% lower than that of the Software - Application industry. The price to earning for all Sweden stocks is 50.59% higher than that of the company.
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DevPort Fundamentals
| Return On Equity | 0.4 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 338.55 M | |||
| Shares Outstanding | 9.84 M | |||
| Shares Owned By Insiders | 29.35 % | |||
| Shares Owned By Institutions | 37.42 % | |||
| Price To Earning | 14.19 X | |||
| Price To Book | 3.71 X | |||
| Price To Sales | 0.71 X | |||
| Revenue | 409.76 M | |||
| Gross Profit | 68.77 M | |||
| EBITDA | 32.54 M | |||
| Net Income | 19.71 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 9.37 M | |||
| Debt To Equity | 47.40 % | |||
| Current Ratio | 1.41 X | |||
| Book Value Per Share | 10.40 X | |||
| Cash Flow From Operations | (6.72 M) | |||
| Earnings Per Share | 2.92 X | |||
| Beta | 1.39 | |||
| Market Capitalization | 416.2 M | |||
| Total Asset | 213.08 M | |||
| Z Score | 27.4 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 213.08 M | |||
| Last Dividend Paid | 1.0 |
About DevPort AB Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DevPort AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DevPort AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DevPort AB 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.
Pair Trading with DevPort AB
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 DevPort AB 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 DevPort AB will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to DevPort AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DevPort AB 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 DevPort AB - 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 DevPort AB to buy it.
The correlation of DevPort AB 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 DevPort AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DevPort AB 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 DevPort AB 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DevPort AB. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for DevPort Stock analysis
When running DevPort AB's price analysis, check to measure DevPort AB'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 DevPort AB is operating at the current time. Most of DevPort AB's value examination focuses on studying past and present price action to predict the probability of DevPort AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DevPort AB's price. Additionally, you may evaluate how the addition of DevPort AB to your portfolios can decrease your overall portfolio volatility.
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