Spar Group Stock EBITDA
| SGRP Stock | USD 2.24 0.03 1.36% |
SPAR Group fundamentals help investors to digest information that contributes to SPAR's financial success or failures. It also enables traders to predict the movement of SPAR Stock. The fundamental analysis module provides a way to measure SPAR'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 SPAR stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 10.2 M | 5.2 M |
SPAR | EBITDA |
SPAR Group Company EBITDA Analysis
SPAR's 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.
Current SPAR EBITDA | 10.18 M |
Most of SPAR's fundamental indicators, such as EBITDA, 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, SPAR Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SPAR EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for SPAR is extremely important. It helps to project a fair market value of SPAR Stock properly, considering its historical fundamentals such as EBITDA. Since SPAR'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 SPAR'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 SPAR's interrelated accounts and indicators.
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SPAR EBITDA Historical Pattern
Today, most investors in SPAR Stock are looking for potential investment opportunities by analyzing not only static indicators but also various SPAR's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of SPAR ebitda as a starting point in their analysis.
SPAR EBITDA |
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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.
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SPAR Ebitda
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According to the company disclosure, SPAR Group reported earnings before interest,tax, depreciation and amortization of 10.18 M. This is 98.25% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The ebitda for all United States stocks is 99.74% higher than that of the company.
SPAR EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SPAR's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SPAR could also be used in its relative valuation, which is a method of valuing SPAR by comparing valuation metrics of similar companies.SPAR is currently under evaluation in ebitda category among its peers.
SPAR ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SPAR's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SPAR's managers, analysts, and investors.Environmental | Governance | Social |
SPAR Institutional Holders
Institutional Holdings refers to the ownership stake in SPAR that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPAR's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPAR's value.| Shares | Blackrock Inc | 2024-06-30 | 25 K | State Street Corp | 2024-06-30 | 20.6 K | Xtx Topco Ltd | 2024-09-30 | 14 K | Iam Advisory, Llc | 2024-06-30 | 13.4 K | Verition Fund Managegment, Llc | 2024-06-30 | 11.1 K | Tower Research Capital Llc | 2024-06-30 | 5.5 K | Advisor Group Holdings, Inc. | 2024-06-30 | 5.4 K | Wells Fargo & Co | 2024-06-30 | 4.5 K | Ubs Group Ag | 2024-06-30 | 4.1 K | Rbf Llc | 2024-06-30 | 934.4 K | Nantahala Capital Management, Llc | 2024-09-30 | 662 K |
SPAR Fundamentals
| Return On Equity | 0.37 | ||||
| Return On Asset | 0.0676 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 53.25 M | ||||
| Shares Outstanding | 23.45 M | ||||
| Shares Owned By Insiders | 70.70 % | ||||
| Shares Owned By Institutions | 16.49 % | ||||
| Number Of Shares Shorted | 29.39 K | ||||
| Price To Earning | 8.93 X | ||||
| Price To Book | 1.77 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 262.75 M | ||||
| Gross Profit | 51.01 M | ||||
| EBITDA | 10.18 M | ||||
| Net Income | 3.9 M | ||||
| Cash And Equivalents | 12.4 M | ||||
| Cash Per Share | 0.57 X | ||||
| Total Debt | 23.37 M | ||||
| Debt To Equity | 0.59 % | ||||
| Current Ratio | 1.39 X | ||||
| Book Value Per Share | 1.21 X | ||||
| Cash Flow From Operations | 6.82 M | ||||
| Short Ratio | 0.23 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 1.38 K | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 51.82 M | ||||
| Total Asset | 90.28 M | ||||
| Retained Earnings | 10.61 M | ||||
| Working Capital | 26.36 M | ||||
| Current Asset | 15.93 M | ||||
| Current Liabilities | 11.84 M | ||||
| Net Asset | 90.28 M |
About SPAR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SPAR Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPAR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPAR Group 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 SPAR
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 SPAR 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 SPAR will appreciate offsetting losses from the drop in the long position's value.Moving against SPAR Stock
| 0.55 | OB | Outbrain | PairCorr |
| 0.49 | SST | System1 | PairCorr |
| 0.42 | QBCRF | Quebecor | PairCorr |
| 0.39 | TH | Target Hospitality Corp | PairCorr |
| 0.39 | SJ | Scienjoy Holding Corp | PairCorr |
The ability to find closely correlated positions to SPAR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPAR 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 SPAR - 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 SPAR Group to buy it.
The correlation of SPAR 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 SPAR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPAR Group 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 SPAR 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.Additional Tools for SPAR Stock Analysis
When running SPAR's price analysis, check to measure SPAR'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 SPAR is operating at the current time. Most of SPAR's value examination focuses on studying past and present price action to predict the probability of SPAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPAR's price. Additionally, you may evaluate how the addition of SPAR to your portfolios can decrease your overall portfolio volatility.