Topdanmark Revenue vs. Return On Asset
| TOP Stock | DKK 295.40 3.50 1.17% |
For Topdanmark profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Topdanmark to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Topdanmark AS utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Topdanmark's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Topdanmark AS over time as well as its relative position and ranking within its peers.
Topdanmark |
Topdanmark AS Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Topdanmark's current stock value. Our valuation model uses many indicators to compare Topdanmark value to that of its competitors to determine the firm's financial worth. Topdanmark AS is currently regarded number one company in revenue category among related companies. It is rated second in return on asset category among related companies . The ratio of Revenue to Return On Asset for Topdanmark AS is about 2,832,612,612,613 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Topdanmark by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Topdanmark'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. 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 Topdanmark's earnings, one of the primary drivers of an investment's value.Topdanmark Revenue vs. Competition
Topdanmark AS is currently regarded number one company in revenue category among related companies. Market size based on revenue of Financials industry is at this time estimated at about 32.11 Billion. Topdanmark totals roughly 31.44 Billion in revenue claiming about 98% of equities under Financials industry.
Topdanmark Return On Asset 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.
Topdanmark |
| = | 31.44 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.
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.
Topdanmark |
| = | 0.0111 |
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.
Topdanmark Return On Asset Comparison
Topdanmark is currently under evaluation in return on asset category among related companies.
Topdanmark Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Topdanmark, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Topdanmark will eventually generate negative long term returns. The profitability progress is the general direction of Topdanmark's change in net profit over the period of time. It can combine multiple indicators of Topdanmark, 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.
Topdanmark AS, together with its subsidiaries, operates as an insurance company in Denmark. Topdanmark AS was founded in 1985 and is headquartered in Ballerup, Denmark. Topdanmark operates under Insurance - General classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 2343 people.
Topdanmark Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Topdanmark. 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 Topdanmark 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 Topdanmark's important profitability drivers and their relationship over time.
Use Topdanmark 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 Topdanmark 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 Topdanmark will appreciate offsetting losses from the drop in the long position's value.Topdanmark Pair Trading
Topdanmark AS Pair Trading Analysis
The ability to find closely correlated positions to Topdanmark could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Topdanmark 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 Topdanmark - 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 Topdanmark AS to buy it.
The correlation of Topdanmark 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 Topdanmark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Topdanmark AS 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 Topdanmark 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 Topdanmark position
In addition to having Topdanmark 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 FinTech Thematic Idea Now
FinTech
High long term potential financial entities that are ranging from payment processing, investment management to commercial and investment banking. The FinTech theme has 81 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 FinTech Theme or any other thematic opportunities.
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Complementary Tools for Topdanmark Stock analysis
When running Topdanmark's price analysis, check to measure Topdanmark'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 Topdanmark is operating at the current time. Most of Topdanmark's value examination focuses on studying past and present price action to predict the probability of Topdanmark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topdanmark's price. Additionally, you may evaluate how the addition of Topdanmark to your portfolios can decrease your overall portfolio volatility.
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To fully project Topdanmark's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Topdanmark AS 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 Topdanmark's income statement, its balance sheet, and the statement of cash flows.