Peloton Interactive Stock Return On Asset
| PTON Stock | USD 9.06 0.70 8.37% |
Peloton Interactive fundamentals help investors to digest information that contributes to Peloton Interactive's financial success or failures. It also enables traders to predict the movement of Peloton Stock. The fundamental analysis module provides a way to measure Peloton Interactive'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 Peloton Interactive stock.
Peloton |
Peloton Interactive Company Return On Asset Analysis
Peloton Interactive'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 Peloton Interactive Return On Asset | -0.0688 |
Most of Peloton Interactive'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, Peloton Interactive 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, Peloton Interactive has a Return On Asset of -0.0688. This is 106.31% lower than that of the Leisure Products sector and 122.19% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 50.86% lower than that of the firm.
Peloton Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Peloton Interactive's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Peloton Interactive could also be used in its relative valuation, which is a method of valuing Peloton Interactive by comparing valuation metrics of similar companies.Peloton Interactive is currently under evaluation in return on asset category among its peers.
Peloton Fundamentals
| Return On Equity | -8.47 | ||||
| Return On Asset | -0.0688 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 4.52 B | ||||
| Shares Outstanding | 363.32 M | ||||
| Shares Owned By Insiders | 0.73 % | ||||
| Shares Owned By Institutions | 87.79 % | ||||
| Number Of Shares Shorted | 64.74 M | ||||
| Price To Book | 16.00 X | ||||
| Price To Sales | 1.19 X | ||||
| Revenue | 2.7 B | ||||
| Gross Profit | 923.6 M | ||||
| EBITDA | (330.8 M) | ||||
| Net Income | (551.9 M) | ||||
| Cash And Equivalents | 1.25 B | ||||
| Cash Per Share | 3.70 X | ||||
| Total Debt | 2.08 B | ||||
| Debt To Equity | 4.00 % | ||||
| Current Ratio | 2.38 X | ||||
| Book Value Per Share | (1.26) X | ||||
| Cash Flow From Operations | (66.1 M) | ||||
| Short Ratio | 3.53 X | ||||
| Earnings Per Share | (1.07) X | ||||
| Price To Earnings To Growth | 0.05 X | ||||
| Target Price | 8.2 | ||||
| Number Of Employees | 2.85 K | ||||
| Beta | 1.93 | ||||
| Market Capitalization | 3.19 B | ||||
| Total Asset | 2.19 B | ||||
| Retained Earnings | (5.48 B) | ||||
| Working Capital | 580.8 M | ||||
| Net Asset | 2.19 B |
About Peloton Interactive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Peloton Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Peloton Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Peloton Interactive 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 Peloton Interactive
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 Peloton Interactive 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 Peloton Interactive will appreciate offsetting losses from the drop in the long position's value.Moving together with Peloton Stock
| 0.63 | AS | Amer Sports, Upward Rally | PairCorr |
Moving against Peloton Stock
The ability to find closely correlated positions to Peloton Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peloton Interactive 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 Peloton Interactive - 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 Peloton Interactive to buy it.
The correlation of Peloton Interactive 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 Peloton Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peloton Interactive 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 Peloton Interactive 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 Peloton Interactive Piotroski F Score and Peloton Interactive Altman Z Score analysis. To learn how to invest in Peloton Stock, please use our How to Invest in Peloton Interactive guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Recreation 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 Peloton Interactive. If investors know Peloton 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 Peloton Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Peloton Interactive is measured differently than its book value, which is the value of Peloton that is recorded on the company's balance sheet. Investors also form their own opinion of Peloton Interactive's value that differs from its market value or its book value, called intrinsic value, which is Peloton Interactive'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 Peloton Interactive's market value can be influenced by many factors that don't directly affect Peloton Interactive'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 Peloton Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peloton Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peloton Interactive'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.