Quectel Wireless Current Valuation vs. Shares Outstanding

603236 Stock   59.35  9.56  19.20%   
Based on Quectel Wireless' profitability indicators, Quectel Wireless Solutions may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Quectel Wireless' ability to earn profits and add value for shareholders.
For Quectel Wireless profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Quectel Wireless to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Quectel Wireless Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Quectel Wireless's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Quectel Wireless Solutions over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Quectel Wireless' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quectel Wireless is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quectel Wireless' 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.

Quectel Wireless Sol Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Quectel Wireless's current stock value. Our valuation model uses many indicators to compare Quectel Wireless value to that of its competitors to determine the firm's financial worth.
Quectel Wireless Solutions is the top company in current valuation category among its peers. It also is number one stock in shares outstanding category among its peers creating about  0.02  of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Quectel Wireless Solutions is roughly  54.01 . As of December 11, 2024, Common Stock Shares Outstanding is expected to decline to about 170.6 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Quectel Wireless by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Quectel Wireless' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Quectel Current Valuation vs. Competition

Quectel Wireless Solutions is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 122.52 Billion. Quectel Wireless retains roughly 14.13 Billion in current valuation claiming about 12% of equities under Information Technology industry.

Quectel Shares Outstanding vs. Current Valuation

Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Quectel Wireless

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
14.13 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Quectel Wireless

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
261.66 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Quectel Shares Outstanding Comparison

Quectel Wireless is currently under evaluation in shares outstanding category among its peers.

Quectel Wireless Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Quectel Wireless, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Quectel Wireless will eventually generate negative long term returns. The profitability progress is the general direction of Quectel Wireless' change in net profit over the period of time. It can combine multiple indicators of Quectel Wireless, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Interest Income-74.9 M-71.2 M
Interest Income18.9 M19.8 M
Operating Income173.5 M264.2 M
Net Income From Continuing Ops84.2 M80 M
Income Before Tax76.6 M72.8 M
Net Income Applicable To Common Shares716.2 M752.1 M
Net Income90.7 M86.2 M
Income Tax Expense-6.5 M-6.2 M
Change To Netincome128.4 M134.9 M

Quectel Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Quectel Wireless. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Quectel Wireless position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Quectel Wireless' important profitability drivers and their relationship over time.

Use Quectel Wireless in pair-trading

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 Quectel Wireless 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 Quectel Wireless will appreciate offsetting losses from the drop in the long position's value.

Quectel Wireless Pair Trading

Quectel Wireless Solutions Pair Trading Analysis

The ability to find closely correlated positions to Quectel Wireless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Quectel Wireless 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 Quectel Wireless - 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 Quectel Wireless Solutions to buy it.
The correlation of Quectel Wireless 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 Quectel Wireless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Quectel Wireless Sol 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 Quectel Wireless 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Quectel Wireless position

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Other Information on Investing in Quectel Stock

To fully project Quectel Wireless' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Quectel Wireless Sol at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Quectel Wireless' income statement, its balance sheet, and the statement of cash flows.
Potential Quectel Wireless investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Quectel Wireless investors may work on each financial statement separately, they are all related. The changes in Quectel Wireless's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Quectel Wireless's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.