Elisa Oyj Stock Return On Asset
| ELMUY Stock | USD 23.74 0.00 0.00% |
Elisa Oyj fundamentals help investors to digest information that contributes to Elisa Oyj's financial success or failures. It also enables traders to predict the movement of Elisa OTC Stock. The fundamental analysis module provides a way to measure Elisa Oyj'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 Elisa Oyj otc stock.
Elisa |
Elisa Oyj OTC Stock Return On Asset Analysis
Elisa Oyj's 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.
Current Elisa Oyj Return On Asset | 0.096 |
Most of Elisa Oyj's fundamental indicators, such as Return On Asset, 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, Elisa Oyj is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the latest financial disclosure, Elisa Oyj has a Return On Asset of 0.096. This is much higher than that of the sector and significantly higher than that of the Return On Asset industry. The return on asset for all United States stocks is notably lower than that of the firm.
Elisa Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elisa Oyj's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Elisa Oyj could also be used in its relative valuation, which is a method of valuing Elisa Oyj by comparing valuation metrics of similar companies.Elisa Oyj is currently under evaluation in return on asset category among related companies.
Elisa Fundamentals
| Return On Equity | 0.3 | |||
| Return On Asset | 0.096 | |||
| Profit Margin | 0.18 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 10.9 B | |||
| Shares Outstanding | 159.76 M | |||
| Price To Earning | 19.13 X | |||
| Price To Sales | 3.75 X | |||
| Revenue | 2.13 B | |||
| Gross Profit | 913.9 M | |||
| EBITDA | 733.9 M | |||
| Net Income | 343.6 M | |||
| Cash And Equivalents | 78.1 M | |||
| Cash Per Share | 0.24 X | |||
| Total Debt | 1.44 B | |||
| Debt To Equity | 1.24 % | |||
| Current Ratio | 0.94 X | |||
| Book Value Per Share | 3.89 X | |||
| Cash Flow From Operations | 595.7 M | |||
| Earnings Per Share | 1.14 X | |||
| Number Of Employees | 5.62 K | |||
| Beta | 0.13 | |||
| Market Capitalization | 9.36 B | |||
| Z Score | 3.6 | |||
| Last Dividend Paid | 2.15 |
About Elisa Oyj Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elisa Oyj's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elisa Oyj using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elisa Oyj based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Elisa Oyj
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 Elisa Oyj 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 Elisa Oyj will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Elisa Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elisa Oyj 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 Elisa Oyj - 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 Elisa Oyj to buy it.
The correlation of Elisa Oyj 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 Elisa Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elisa Oyj 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 Elisa Oyj 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 Elisa Oyj. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Elisa OTC Stock analysis
When running Elisa Oyj's price analysis, check to measure Elisa Oyj'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 Elisa Oyj is operating at the current time. Most of Elisa Oyj's value examination focuses on studying past and present price action to predict the probability of Elisa Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elisa Oyj's price. Additionally, you may evaluate how the addition of Elisa Oyj to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |