Q FREE EBITDA vs. Gross Profit

For Q FREE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Q FREE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Q FREE ASA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Q FREE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Q FREE ASA over time as well as its relative position and ranking within its peers. Check out Your Equity Center.
  
Please note, there is a significant difference between Q FREE's value and its price as these two are different measures arrived at by different means. Investors typically determine Q FREE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Q FREE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Q FREE ASA Gross Profit vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Q FREE's current stock value. Our valuation model uses many indicators to compare Q FREE value to that of its competitors to determine the firm's financial worth.
Q FREE ASA is currently regarded as top stock in ebitda category among related companies. It is currently regarded as top stock in gross profit category among related companies fabricating about  12.02  of Gross Profit per EBITDA. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Q FREE by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Q FREE'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 Q FREE's earnings, one of the primary drivers of an investment's value.

Q FREE Gross Profit vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Q FREE 
EBITDA 
 = 
Revenue 
-  
Basic Expenses 
47.34 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Q FREE 
Gross Profit 
 = 
Revenue 
-  
Cost of Revenue 
569.2 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Q FREE Gross Profit Comparison

Q FREE is currently under evaluation in gross profit category among related companies.

Q FREE Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Q FREE, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Q FREE will eventually generate negative long term returns. The profitability progress is the general direction of Q FREE's change in net profit over the period of time. It can combine multiple indicators of Q FREE, 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.
Q-Free ASA supplies intelligent transportation system products and solutions worldwide. Q-Free ASA was founded in 1984 and is headquartered in Trondheim, Norway. Q FREE operates under Infrastructure Operations classification in Norway and is traded on Oslo Stock Exchange. It employs 0 people.

Q FREE Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Q FREE. 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 Q FREE 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 Q FREE's important profitability drivers and their relationship over time.

Use Q FREE 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 Q FREE 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 Q FREE will appreciate offsetting losses from the drop in the long position's value.

Q FREE Pair Trading

Q FREE ASA Pair Trading Analysis

The ability to find closely correlated positions to Keycorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Keycorp 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 Keycorp - 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 Keycorp to buy it.
The correlation of Keycorp is a statistical measure of how it moves in relation to other equities. 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 Keycorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Keycorp 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 Keycorp 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Q FREE position

In addition to having Q FREE 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?

Run Heavy Metals Thematic Idea Now

Heavy Metals
Heavy Metals Theme
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
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Check out Your Equity Center. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Tools for Q FREE Stock

When running Q FREE ASA price analysis, check to measure Q FREE'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 Q FREE is operating at the current time. Most of Q FREE's value examination focuses on studying past and present price action to predict the probability of Q FREE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Q FREE's price. Additionally, you may evaluate how the addition of Q FREE to your portfolios can decrease your overall portfolio volatility.
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