ODDITY Roe vs Income Quality Analysis

ODD Stock

45.36 2.24 5.19%

ODDITY Tech financial indicator trend analysis is much more than just breaking down ODDITY Tech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ODDITY Tech is a good investment. Please check the relationship between ODDITY Tech Roe and its Income Quality accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Roe vs Income Quality

Roe vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ODDITY Tech Roe account and Income Quality. At this time, the significance of the direction appears to have very strong relationship.

The correlation between ODDITY Tech's Roe and Income Quality is 0.83. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Income Quality in the same time period over historical financial statements of ODDITY Tech Ltd, assuming nothing else is changed. The correlation between historical values of ODDITY Tech's Roe and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of ODDITY Tech Ltd are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Roe i.e., ODDITY Tech's Roe and Income Quality go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Roe

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from ODDITY Tech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ODDITY Tech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

At present, ODDITY Tech's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2.9 B, whereas Sales General And Administrative To Revenue is projected to grow to (0.09).

	2021	2023	2024 (projected)
Interest Expense	877K	789.3K	850.8K
Depreciation And Amortization	4.0M	8.6M	5.9M

Interest Expense Depreciation And Amortization

ODDITY Tech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.81	0.98	0.96	0.88	0.87	0.65	0.9	0.93	0.83	0.91	0.95	-0.24	0.91	0.89	0.95	-0.88	0.89	0.99	0.9	0.59	0.65	0.94	0.99	0.82	0.92
Short Long Term Debt Total	0.81		0.9	0.91	0.68	0.79	0.68	0.98	0.92	0.75	0.76	0.85	0.09	0.73	0.68	0.93	-0.79	0.56	0.89	0.68	0.46	0.82	0.87	0.83	0.57	0.92
Other Current Liab	0.98	0.9		0.99	0.85	0.91	0.65	0.96	0.98	0.86	0.9	0.97	-0.2	0.89	0.86	0.99	-0.91	0.81	1.0	0.87	0.57	0.75	0.97	0.99	0.77	0.97
Total Current Liabilities	0.96	0.91	0.99		0.83	0.95	0.56	0.95	1.0	0.92	0.89	0.99	-0.26	0.88	0.84	0.99	-0.95	0.73	0.98	0.86	0.57	0.83	0.99	0.98	0.73	0.99
Total Stockholder Equity	0.88	0.68	0.85	0.83		0.71	0.54	0.78	0.8	0.72	0.99	0.82	-0.09	0.99	1.0	0.77	-0.8	0.83	0.88	0.99	0.89	0.52	0.81	0.88	0.98	0.78
Other Liab	0.87	0.79	0.91	0.95	0.71		0.28	0.82	0.96	0.99	0.79	0.98	-0.52	0.79	0.72	0.92	-0.98	0.56	0.87	0.78	0.47	0.9	0.98	0.92	0.58	0.97
Net Tangible Assets	0.65	0.68	0.65	0.56	0.54	0.28		0.74	0.52	0.18	0.54	0.45	0.51	0.51	0.53	0.64	-0.29	0.77	0.7	0.47	0.28	0.15	0.46	0.57	0.55	0.48
Property Plant And Equipment Net	0.9	0.98	0.96	0.95	0.78	0.82	0.74		0.95	0.77	0.84	0.9	0.04	0.82	0.78	0.97	-0.83	0.71	0.96	0.78	0.53	0.76	0.91	0.91	0.69	0.94
Current Deferred Revenue	0.93	0.92	0.98	1.0	0.8	0.96	0.52	0.95		0.93	0.87	0.99	-0.27	0.86	0.81	0.98	-0.96	0.67	0.96	0.84	0.56	0.88	0.99	0.96	0.69	1.0
Net Debt	0.83	0.75	0.86	0.92	0.72	0.99	0.18	0.77	0.93		0.79	0.96	-0.56	0.8	0.73	0.86	-0.99	0.5	0.82	0.8	0.54	0.91	0.96	0.89	0.6	0.94
Retained Earnings	0.91	0.76	0.9	0.89	0.99	0.79	0.54	0.84	0.87	0.79		0.88	-0.12	1.0	0.99	0.83	-0.87	0.8	0.92	0.99	0.86	0.63	0.87	0.92	0.95	0.86
Accounts Payable	0.95	0.85	0.97	0.99	0.82	0.98	0.45	0.9	0.99	0.96	0.88		-0.38	0.88	0.83	0.96	-0.98	0.69	0.95	0.87	0.58	0.85	1.0	0.98	0.72	0.99
Cash	-0.24	0.09	-0.2	-0.26	-0.09	-0.52	0.51	0.04	-0.27	-0.56	-0.12	-0.38		-0.16	-0.11	-0.2	0.47	-0.05	-0.14	-0.21	0.04	-0.36	-0.36	-0.31	-0.02	-0.29
Non Current Assets Total	0.91	0.73	0.89	0.88	0.99	0.79	0.51	0.82	0.86	0.8	1.0	0.88	-0.16		0.99	0.82	-0.87	0.8	0.91	1.0	0.87	0.62	0.87	0.92	0.96	0.85
Non Currrent Assets Other	0.89	0.68	0.86	0.84	1.0	0.72	0.53	0.78	0.81	0.73	0.99	0.83	-0.11	0.99		0.77	-0.82	0.82	0.89	0.99	0.89	0.53	0.82	0.88	0.98	0.79
Other Assets	0.95	0.93	0.99	0.99	0.77	0.92	0.64	0.97	0.98	0.86	0.83	0.96	-0.2	0.82	0.77		-0.9	0.74	0.97	0.79	0.46	0.8	0.97	0.96	0.67	0.97
Long Term Debt	-0.88	-0.79	-0.91	-0.95	-0.8	-0.98	-0.29	-0.83	-0.96	-0.99	-0.87	-0.98	0.47	-0.87	-0.82	-0.9		-0.59	-0.88	-0.87	-0.62	-0.89	-0.98	-0.93	-0.69	-0.97
Cash And Short Term Investments	0.89	0.56	0.81	0.73	0.83	0.56	0.77	0.71	0.67	0.5	0.8	0.69	-0.05	0.8	0.82	0.74	-0.59		0.85	0.8	0.53	0.23	0.67	0.83	0.85	0.64
Net Receivables	0.99	0.89	1.0	0.98	0.88	0.87	0.7	0.96	0.96	0.82	0.92	0.95	-0.14	0.91	0.89	0.97	-0.88	0.85		0.89	0.61	0.7	0.95	0.98	0.81	0.94
Good Will	0.9	0.68	0.87	0.86	0.99	0.78	0.47	0.78	0.84	0.8	0.99	0.87	-0.21	1.0	0.99	0.79	-0.87	0.8	0.89		0.87	0.59	0.85	0.91	0.96	0.83
Common Stock Shares Outstanding	0.59	0.46	0.57	0.57	0.89	0.47	0.28	0.53	0.56	0.54	0.86	0.58	0.04	0.87	0.89	0.46	-0.62	0.53	0.61	0.87		0.39	0.56	0.6	0.9	0.54
Non Current Liabilities Total	0.65	0.82	0.75	0.83	0.52	0.9	0.15	0.76	0.88	0.91	0.63	0.85	-0.36	0.62	0.53	0.8	-0.89	0.23	0.7	0.59	0.39		0.87	0.73	0.36	0.9
Inventory	0.94	0.87	0.97	0.99	0.81	0.98	0.46	0.91	0.99	0.96	0.87	1.0	-0.36	0.87	0.82	0.97	-0.98	0.67	0.95	0.85	0.56	0.87		0.97	0.7	0.99
Other Current Assets	0.99	0.83	0.99	0.98	0.88	0.92	0.57	0.91	0.96	0.89	0.92	0.98	-0.31	0.92	0.88	0.96	-0.93	0.83	0.98	0.91	0.6	0.73	0.97		0.8	0.95
Other Stockholder Equity	0.82	0.57	0.77	0.73	0.98	0.58	0.55	0.69	0.69	0.6	0.95	0.72	-0.02	0.96	0.98	0.67	-0.69	0.85	0.81	0.96	0.9	0.36	0.7	0.8		0.67
Total Liab	0.92	0.92	0.97	0.99	0.78	0.97	0.48	0.94	1.0	0.94	0.86	0.99	-0.29	0.85	0.79	0.97	-0.97	0.64	0.94	0.83	0.54	0.9	0.99	0.95	0.67

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ODDITY Tech Account Relationship Matchups

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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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

When determining whether ODDITY Tech is a strong investment it is important to analyze ODDITY Tech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ODDITY Tech's future performance. For an informed investment choice regarding ODDITY Stock, refer to the following important reports:

How To Invest In ODDITY

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Is ODDITY Stock a good investment?

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What is ODDITY Tech's Net Worth?

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Largest Personal Care Products Companies

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Is Personal Care Products 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 ODDITY Tech. If investors know ODDITY 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 ODDITY Tech 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

3.833

Earnings Share

1.63

Revenue Per Share

10.837

Quarterly Revenue Growth

0.26

Return On Assets

0.1904

The market value of ODDITY Tech is measured differently than its book value, which is the value of ODDITY that is recorded on the company's balance sheet. Investors also form their own opinion of ODDITY Tech's value that differs from its market value or its book value, called intrinsic value, which is ODDITY Tech'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 ODDITY Tech's market value can be influenced by many factors that don't directly affect ODDITY Tech'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 ODDITY Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODDITY Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODDITY Tech'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.

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ODDITY Roe vs Income Quality Analysis

Roe vs Income Quality

Roe vs Income Quality Correlation Analysis

Correlation Coefficient

Roe

Income Quality

ODDITY Tech fundamental ratios Correlations

ODDITY Tech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Receivables	+ 1.0	Other Current Liab
Current Deferred Revenue	+ 1.0	Total Current Liabilities
Non Currrent Assets Other	+ 1.0	Total Stockholder Equity
Total Liab	+ 1.0	Current Deferred Revenue
Non Current Assets Total	+ 1.0	Retained Earnings
Inventory	+ 1.0	Accounts Payable

Long Term Debt	- 0.99	Net Debt
Inventory	- 0.98	Long Term Debt
Long Term Debt	- 0.98	Accounts Payable
Long Term Debt	- 0.98	Other Liab
Total Liab	- 0.97	Long Term Debt
Long Term Debt	- 0.96	Current Deferred Revenue