Nexxen International Stock Operating Margin
| NEXN Stock | 9.91 0.21 2.16% |
Nexxen International fundamentals help investors to digest information that contributes to Nexxen International's financial success or failures. It also enables traders to predict the movement of Nexxen Stock. The fundamental analysis module provides a way to measure Nexxen International'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 Nexxen International stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | (0.05) | (0.05) |
Nexxen | Operating Margin |
Nexxen International Company Operating Margin Analysis
Nexxen International's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Nexxen International Operating Margin | 0.07 % |
Most of Nexxen International's fundamental indicators, such as Operating Margin, 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, Nexxen International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nexxen Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Nexxen International is extremely important. It helps to project a fair market value of Nexxen Stock properly, considering its historical fundamentals such as Operating Margin. Since Nexxen International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexxen International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexxen International's interrelated accounts and indicators.
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Nexxen Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Nexxen International has an Operating Margin of 0.0718%. This is 98.99% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The operating margin for all United States stocks is 101.3% lower than that of the firm.
Nexxen Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexxen International's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexxen International could also be used in its relative valuation, which is a method of valuing Nexxen International by comparing valuation metrics of similar companies.Nexxen International is currently under evaluation in operating margin category among its peers.
Nexxen International Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nexxen International from analyzing Nexxen International's financial statements. These drivers represent accounts that assess Nexxen International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nexxen International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 995.5M | 1.2B | 1.1B | 483.5M | 358.3M | 578.0M | |
| Enterprise Value | 940.7M | 1.1B | 741.8M | 393.9M | 260.1M | 247.1M |
Nexxen Fundamentals
| Return On Equity | -0.0036 | ||||
| Return On Asset | 0.0059 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 511.26 M | ||||
| Shares Outstanding | 66.54 M | ||||
| Shares Owned By Institutions | 10.44 % | ||||
| Number Of Shares Shorted | 57.81 K | ||||
| Price To Book | 1.26 X | ||||
| Price To Sales | 1.95 X | ||||
| Revenue | 331.99 M | ||||
| EBITDA | 69.5 M | ||||
| Net Income | (21.49 M) | ||||
| Total Debt | 136.13 M | ||||
| Book Value Per Share | 3.72 X | ||||
| Cash Flow From Operations | 60.74 M | ||||
| Short Ratio | 1.10 X | ||||
| Earnings Per Share | 0.18 X | ||||
| Target Price | 9.75 | ||||
| Number Of Employees | 895 | ||||
| Beta | 1.47 | ||||
| Market Capitalization | 659.46 M | ||||
| Total Asset | 904.8 M | ||||
| Retained Earnings | 135.01 M | ||||
| Working Capital | 222.15 M | ||||
| Net Asset | 904.8 M |
About Nexxen International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexxen International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexxen International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexxen International 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.
Pair Trading with Nexxen International
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 Nexxen International 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 Nexxen International will appreciate offsetting losses from the drop in the long position's value.Moving together with Nexxen Stock
Moving against Nexxen Stock
The ability to find closely correlated positions to Nexxen International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexxen International 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 Nexxen International - 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 Nexxen International to buy it.
The correlation of Nexxen International 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 Nexxen International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexxen International 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 Nexxen International 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 Nexxen International Piotroski F Score and Nexxen International Altman Z Score analysis. To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexxen International. If investors know Nexxen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexxen International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.31) | Earnings Share 0.18 | Revenue Per Share 4.754 | Quarterly Revenue Growth 0.051 | Return On Assets 0.0059 |
The market value of Nexxen International is measured differently than its book value, which is the value of Nexxen that is recorded on the company's balance sheet. Investors also form their own opinion of Nexxen International's value that differs from its market value or its book value, called intrinsic value, which is Nexxen International'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 Nexxen International's market value can be influenced by many factors that don't directly affect Nexxen International'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 Nexxen International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexxen International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexxen International'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.