Akva Group Stock Price To Earnings To Growth
| AKVA Stock | NOK 67.80 1.60 2.42% |
Akva Group fundamentals help investors to digest information that contributes to Akva's financial success or failures. It also enables traders to predict the movement of Akva Stock. The fundamental analysis module provides a way to measure Akva'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 Akva stock.
Akva |
Akva Group Company Price To Earnings To Growth Analysis
Akva's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Akva Price To Earnings To Growth | 65.60 X |
Most of Akva's fundamental indicators, such as Price To Earnings To Growth, 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, Akva Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Based on the latest financial disclosure, Akva Group has a Price To Earnings To Growth of 65 times. This is much higher than that of the Machinery sector and notably higher than that of the Industrials industry. The price to earnings to growth for all Norway stocks is notably lower than that of the firm.
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Akva Fundamentals
| Return On Equity | -0.0812 | |||
| Return On Asset | 0.0028 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0 % | |||
| Current Valuation | 2.87 B | |||
| Shares Outstanding | 36.37 M | |||
| Shares Owned By Insiders | 71.38 % | |||
| Shares Owned By Institutions | 21.16 % | |||
| Price To Earning | 24.93 X | |||
| Price To Book | 1.65 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 3.11 B | |||
| Gross Profit | 1.25 B | |||
| EBITDA | 226.54 M | |||
| Net Income | 11.48 M | |||
| Cash And Equivalents | 303.44 M | |||
| Cash Per Share | 4.04 X | |||
| Total Debt | 858.74 M | |||
| Debt To Equity | 108.10 % | |||
| Current Ratio | 1.31 X | |||
| Book Value Per Share | 32.46 X | |||
| Cash Flow From Operations | 60.75 M | |||
| Earnings Per Share | 0.55 X | |||
| Price To Earnings To Growth | 65.60 X | |||
| Target Price | 78.0 | |||
| Number Of Employees | 1.41 K | |||
| Beta | 0.83 | |||
| Market Capitalization | 2.36 B | |||
| Total Asset | 3.45 B | |||
| Retained Earnings | 95 M | |||
| Working Capital | 205 M | |||
| Current Asset | 631 M | |||
| Current Liabilities | 426 M | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 3.45 B | |||
| Last Dividend Paid | 1.0 |
About Akva Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Akva Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Akva using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Akva Group 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 Akva 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, Akva's short interest history, or implied volatility extrapolated from Akva options trading.
Pair Trading with Akva
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 Akva 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 Akva will appreciate offsetting losses from the drop in the long position's value.Moving together with Akva Stock
| 0.65 | DNB | DnB ASA | PairCorr |
| 0.7 | STB | Storebrand ASA | PairCorr |
| 0.81 | SRBNK | Sparebank 1 SR | PairCorr |
| 0.7 | TEL | Telenor ASA Earnings Call Next Week | PairCorr |
| 0.77 | SVEG | Sparebanken Vest Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Akva could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akva 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 Akva - 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 Akva Group to buy it.
The correlation of Akva 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 Akva moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akva Group 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 Akva 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 Akva Group. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Akva Stock analysis
When running Akva's price analysis, check to measure Akva'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 Akva is operating at the current time. Most of Akva's value examination focuses on studying past and present price action to predict the probability of Akva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akva's price. Additionally, you may evaluate how the addition of Akva to your portfolios can decrease your overall portfolio volatility.
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