Victoryshares Westend Sector Etf Fundamentals
| MODL Etf | USD 41.15 0.27 0.66% |
VictoryShares WestEnd Sector fundamentals help investors to digest information that contributes to VictoryShares WestEnd's financial success or failures. It also enables traders to predict the movement of VictoryShares Etf. The fundamental analysis module provides a way to measure VictoryShares WestEnd'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 VictoryShares WestEnd etf.
VictoryShares |
VictoryShares WestEnd Sector ETF Price To Book Analysis
VictoryShares WestEnd's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current VictoryShares WestEnd Price To Book | 6.14 X |
Most of VictoryShares WestEnd's fundamental indicators, such as Price To Book, 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, VictoryShares WestEnd Sector is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, VictoryShares WestEnd Sector has a Price To Book of 6.14 times. This is much higher than that of the Victory Capital family and significantly higher than that of the Large Blend category. The price to book for all United States etfs is notably lower than that of the firm.
VictoryShares WestEnd Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining VictoryShares WestEnd's current stock value. Our valuation model uses many indicators to compare VictoryShares WestEnd value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across VictoryShares WestEnd competition to find correlations between indicators driving VictoryShares WestEnd's intrinsic value. More Info.VictoryShares WestEnd Sector is rated number one ETF in price to earning as compared to similar ETFs. It also is rated number one ETF in price to book as compared to similar ETFs fabricating about 0.42 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for VictoryShares WestEnd Sector is roughly 2.40 . Comparative valuation analysis is a catch-all technique that is used if you cannot value VictoryShares WestEnd by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.VictoryShares Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VictoryShares WestEnd's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of VictoryShares WestEnd could also be used in its relative valuation, which is a method of valuing VictoryShares WestEnd by comparing valuation metrics of similar companies.VictoryShares WestEnd is currently under evaluation in price to book as compared to similar ETFs.
VictoryShares Fundamentals
| Return On Asset | 0.14 | |||
| Current Valuation | 799.42 M | |||
| Shares Outstanding | 48.96 M | |||
| Shares Owned By Insiders | 5.79 % | |||
| Shares Owned By Institutions | 63.10 % | |||
| Number Of Shares Shorted | 2.43 M | |||
| Price To Earning | 14.75 X | |||
| Price To Book | 6.14 X | |||
| Price To Sales | 1.73 X | |||
| Revenue | 443.8 M | |||
| Gross Profit | 188.23 M | |||
| EBITDA | 86.53 M | |||
| Net Income | 62.8 M | |||
| Cash And Equivalents | 29.56 M | |||
| Cash Per Share | 0.68 X | |||
| Total Debt | 296.53 M | |||
| Debt To Equity | 2.35 % | |||
| Current Ratio | 1.24 X | |||
| Cash Flow From Operations | 56.27 M | |||
| Short Ratio | 1.60 X | |||
| Earnings Per Share | 0.88 X | |||
| Price To Earnings To Growth | 1.08 X | |||
| Number Of Employees | 12 K | |||
| Market Capitalization | 540.48 M | |||
| Total Asset | 531.79 M | |||
| Retained Earnings | (44.38 M) | |||
| Working Capital | 25.6 M | |||
| Current Asset | 139.58 M | |||
| Current Liabilities | 113.98 M | |||
| One Year Return | 31.30 % |
About VictoryShares WestEnd Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VictoryShares WestEnd Sector's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VictoryShares WestEnd using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VictoryShares WestEnd Sector based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.The fund, under normal circumstances, invests at least 80 percent of its assets in the shares of ETFs that primarily invest in U.S. equity securities of companies that are classified in one or more of the following sectors published by The GICS Communication Services Consumer Discretionary Consumer Staples Energy Financials Health Care Industrials Information Technology Materials Real Estate and Utilities. Victoryshares Westend is traded on NASDAQ Exchange in the United States.
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The market value of VictoryShares WestEnd is measured differently than its book value, which is the value of VictoryShares that is recorded on the company's balance sheet. Investors also form their own opinion of VictoryShares WestEnd's value that differs from its market value or its book value, called intrinsic value, which is VictoryShares WestEnd's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VictoryShares WestEnd's market value can be influenced by many factors that don't directly affect VictoryShares WestEnd's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VictoryShares WestEnd's value and its price as these two are different measures arrived at by different means. Investors typically determine if VictoryShares WestEnd is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VictoryShares WestEnd'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.