Euro Sun Current Ratio vs. Current Valuation
Euro Sun Mining Current Valuation vs. Current Ratio Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Euro Sun's current stock value. Our valuation model uses many indicators to compare Euro Sun value to that of its competitors to determine the firm's financial worth. Euro Sun Mining is rated below average in current ratio category among its peers. It is rated # 4 in current valuation category among its peers reporting about 141,338,471 of Current Valuation per Current Ratio. At this time, Euro Sun's Current Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Euro Sun by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Euro Sun'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.Euro Current Valuation vs. Current Ratio
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Euro Sun |
| = | 1.00 X |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.
Euro Sun |
| = | 141.34 M |
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.
Euro Current Valuation vs Competition
Euro Sun Mining is rated # 4 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 1.18 Billion. Euro Sun retains roughly 141.34 Million in current valuation claiming about 12% of all equities under Materials industry.
Euro Sun Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Euro Sun, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Euro Sun will eventually generate negative long term returns. The profitability progress is the general direction of Euro Sun's change in net profit over the period of time. It can combine multiple indicators of Euro Sun, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 312.5 K | 328.1 K | |
| Operating Income | -2 M | -2.1 M | |
| Net Income | 515.6 K | 541.4 K | |
| Income Tax Expense | 3.60 | 3.78 | |
| Income Before Tax | 403.6 K | 423.7 K | |
| Total Other Income Expense Net | 3 M | 3.2 M | |
| Net Income From Continuing Ops | 515.6 K | 541.4 K | |
| Net Income Applicable To Common Shares | 515.6 K | 541.4 K | |
| Net Interest Income | -100.9 K | -106 K | |
| Interest Income | 812.70 | 772.07 | |
| Change To Netincome | 1.9 M | 2 M | |
| Income Quality | (5.09) | (4.84) | |
| Net Income Per E B T | 1.55 | 1.63 |
Euro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Euro Sun. 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 Euro Sun 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 Euro Sun's important profitability drivers and their relationship over time.
Euro Sun Earnings per Share Projection vs Actual
Use Euro Sun 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 Euro Sun 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 Euro Sun will appreciate offsetting losses from the drop in the long position's value.Euro Sun Pair Trading
Euro Sun Mining Pair Trading Analysis
The ability to find closely correlated positions to Euro Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euro Sun 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 Euro Sun - 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 Euro Sun Mining to buy it.
The correlation of Euro Sun 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 Euro Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euro Sun Mining 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 Euro Sun 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 Euro Sun position
In addition to having Euro Sun 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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Other Information on Investing in Euro Stock
To fully project Euro Sun's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Euro Sun Mining 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 Euro Sun's income statement, its balance sheet, and the statement of cash flows.