EWork Group Operating Margin vs. Return On Asset
| EWRK Stock | SEK 145.00 5.00 3.33% |
For EWork Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EWork Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well eWork Group AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EWork Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of eWork Group AB over time as well as its relative position and ranking within its peers.
EWork |
eWork Group AB Return On Asset vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EWork Group's current stock value. Our valuation model uses many indicators to compare EWork Group value to that of its competitors to determine the firm's financial worth. eWork Group AB is one of the top stocks in operating margin category among related companies. It is one of the top stocks in return on asset category among related companies reporting about 2.35 of Return On Asset per Operating Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value EWork Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for EWork Group'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 EWork Group's earnings, one of the primary drivers of an investment's value.EWork Return On Asset vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
EWork Group |
| = | 0.01 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
EWork Group |
| = | 0.0268 |
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.
EWork Return On Asset Comparison
EWork Group is currently under evaluation in return on asset category among related companies.
EWork Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EWork Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EWork Group will eventually generate negative long term returns. The profitability progress is the general direction of EWork Group's change in net profit over the period of time. It can combine multiple indicators of EWork 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.
Ework Group AB operates as a consultant supplier with focus on IT, telecom, technology, and business development in Sweden, Denmark, Norway, Finland, and Poland. Ework Group AB was founded in 2000 and is headquartered in Stockholm, Sweden. eWork Group operates under Information Technology Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 310 people.
EWork Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EWork 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 EWork 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 EWork Group's important profitability drivers and their relationship over time.
Use EWork 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 EWork 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 EWork Group will appreciate offsetting losses from the drop in the long position's value.EWork Group Pair Trading
eWork Group AB Pair Trading Analysis
The ability to find closely correlated positions to EWork 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 EWork 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 EWork 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 eWork Group AB to buy it.
The correlation of EWork 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 EWork Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eWork Group 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 EWork 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 EWork Group position
In addition to having EWork Group 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?
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Check out Investing Opportunities. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for EWork Stock analysis
When running EWork Group's price analysis, check to measure EWork 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 EWork Group is operating at the current time. Most of EWork Group's value examination focuses on studying past and present price action to predict the probability of EWork 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 EWork Group's price. Additionally, you may evaluate how the addition of EWork Group to your portfolios can decrease your overall portfolio volatility.
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To fully project EWork Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of eWork Group AB 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 EWork Group's income statement, its balance sheet, and the statement of cash flows.