Adevinta Financial Statements From 2010 to 2024
| ADE Stock | NOK 113.90 0.30 0.26% |
Check Adevinta ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adevinta main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Adevinta financial statements analysis is a perfect complement when working with Adevinta ASA Valuation or Volatility modules.
Adevinta |
Adevinta ASA Company Current Valuation Analysis
Adevinta ASA's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Adevinta ASA Current Valuation | 107.65 B |
Most of Adevinta ASA's fundamental indicators, such as Current Valuation, 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, Adevinta ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Adevinta ASA has a Current Valuation of 107.65 B. This is 275.05% higher than that of the Communication Services sector and significantly higher than that of the Internet Content & Information industry. The current valuation for all Norway stocks is significantly lower than that of the firm.
Adevinta ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Adevinta ASA's current stock value. Our valuation model uses many indicators to compare Adevinta ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Adevinta ASA competition to find correlations between indicators driving Adevinta ASA's intrinsic value. More Info.Adevinta ASA is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies reporting about 1.73 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Adevinta ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Adevinta ASA'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 Adevinta ASA's earnings, one of the primary drivers of an investment's value.About Adevinta ASA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Adevinta ASA income statement, its balance sheet, and the statement of cash flows. Adevinta ASA investors use historical funamental indicators, such as Adevinta ASA's revenue or net income, to determine how well the company is positioned to perform in the future. Although Adevinta ASA investors may use each financial statement separately, they are all related. The changes in Adevinta ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adevinta ASA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adevinta ASA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adevinta ASA. Please read more on our technical analysis and fundamental analysis pages.
Adevinta ASA owns and operates online generalist and classifieds sites. The company was incorporated in 2018 and is headquartered in Oslo, Norway. ADEVINTA ASA is traded on Oslo Stock Exchange in Norway.
Pair Trading with Adevinta ASA
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 Adevinta ASA 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 Adevinta ASA will appreciate offsetting losses from the drop in the long position's value.Moving against Adevinta Stock
| 0.41 | ZAP | Zaptec AS | PairCorr |
The ability to find closely correlated positions to Adevinta ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adevinta ASA 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 Adevinta ASA - 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 Adevinta ASA to buy it.
The correlation of Adevinta ASA 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 Adevinta ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adevinta ASA 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 Adevinta ASA 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 the analysis of Adevinta ASA Correlation against competitors. Note that the Adevinta ASA information on this page should be used as a complementary analysis to other Adevinta ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Adevinta Stock analysis
When running Adevinta ASA's price analysis, check to measure Adevinta ASA'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 Adevinta ASA is operating at the current time. Most of Adevinta ASA's value examination focuses on studying past and present price action to predict the probability of Adevinta ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adevinta ASA's price. Additionally, you may evaluate how the addition of Adevinta ASA to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Stocks Directory Find actively traded stocks across global markets |