Raytech Holding Limited Stock Net Income

RAY Stock   1.52  0.03  1.94%   
Raytech Holding Limited fundamentals help investors to digest information that contributes to Raytech Holding's financial success or failures. It also enables traders to predict the movement of Raytech Stock. The fundamental analysis module provides a way to measure Raytech Holding'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 Raytech Holding stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops9.9 M8.6 M
Net Income9.9 M10.4 M
Net Income Per Share 0.62  0.65 
Net Income Per E B T 6.10  6.40 
At this time, Raytech Holding's Net Income is fairly stable compared to the past year. Net Income Per Share is likely to rise to 0.65 in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 8.6 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Raytech Holding Limited Company Net Income Analysis

Raytech Holding's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Raytech Holding Net Income

    
  9.94 M  
Most of Raytech Holding's fundamental indicators, such as Net Income, 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, Raytech Holding Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Raytech Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Raytech Holding is extremely important. It helps to project a fair market value of Raytech Stock properly, considering its historical fundamentals such as Net Income. Since Raytech Holding'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 Raytech Holding'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 Raytech Holding's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Raytech Net Interest Income

Net Interest Income

1.49 Million

At this time, Raytech Holding's Net Interest Income is fairly stable compared to the past year.
Based on the recorded statements, Raytech Holding Limited reported net income of 9.94 M. This is 99.1% lower than that of the Distributors sector and 99.01% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 98.26% higher than that of the company.

Raytech Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Raytech Holding's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Raytech Holding could also be used in its relative valuation, which is a method of valuing Raytech Holding by comparing valuation metrics of similar companies.
Raytech Holding is currently under evaluation in net income category among its peers.

Raytech Fundamentals

About Raytech Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Raytech Holding Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Raytech Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Raytech Holding Limited 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Raytech Stock Analysis

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