ATI AirTest Net Income vs. Book Value Per Share

AAT Stock  CAD 0.01  0.00  0.00%   
Based on ATI AirTest's profitability indicators, ATI AirTest Technologies 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 ATI AirTest's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2000-03-31
Previous Quarter
-58.4 K
Current Value
-141.6 K
Quarterly Volatility
396.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Price To Sales Ratio is likely to drop to 0.55 in 2024. Days Sales Outstanding is likely to drop to 67.33 in 2024. At this time, ATI AirTest's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 954.3 K in 2024, whereas Income Before Tax is likely to drop (204.5 K) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.42
Sufficiently Up
Very volatile
For ATI AirTest profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ATI AirTest to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ATI AirTest Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ATI AirTest's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ATI AirTest Technologies 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 ATI AirTest's value and its price as these two are different measures arrived at by different means. Investors typically determine if ATI AirTest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ATI AirTest'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.

ATI AirTest Technologies Book Value Per Share vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ATI AirTest's current stock value. Our valuation model uses many indicators to compare ATI AirTest value to that of its competitors to determine the firm's financial worth.
ATI AirTest Technologies is number one stock in net income category among its peers. It also is number one stock in book value per share category among its peers . At this time, ATI AirTest's Net Loss is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ATI AirTest's earnings, one of the primary drivers of an investment's value.

ATI Book Value Per Share vs. Net Income

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.

ATI AirTest

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(194.73 K)
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

ATI AirTest

Book Value per Share

 = 

Common Equity

Average Shares

 = 
(0.1) X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

ATI Book Value Per Share Comparison

ATI AirTest is currently under evaluation in book value per share category among its peers.

ATI AirTest Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ATI AirTest, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ATI AirTest will eventually generate negative long term returns. The profitability progress is the general direction of ATI AirTest's change in net profit over the period of time. It can combine multiple indicators of ATI AirTest, 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
Accumulated Other Comprehensive Income1.9 MM
Operating Income-695.3 K-730.1 K
Income Before Tax-194.7 K-204.5 K
Total Other Income Expense Net908.9 K954.3 K
Net Loss-194.7 K-204.5 K
Income Tax Expense487.6 K264.6 K
Net Loss-194.7 K-204.5 K
Net Loss-1.2 M-1.2 M
Net Interest Income-408.3 K-428.7 K
Change To Netincome62.9 K59.8 K
Net Loss(0.02)(0.02)
Income Quality 2.53  2.66 
Net Income Per E B T 0.84  1.02 

ATI Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ATI AirTest. 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 ATI AirTest 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 ATI AirTest's important profitability drivers and their relationship over time.

Use ATI AirTest 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 ATI AirTest 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 ATI AirTest will appreciate offsetting losses from the drop in the long position's value.

ATI AirTest Pair Trading

ATI AirTest Technologies Pair Trading Analysis

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

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Additional Tools for ATI Stock Analysis

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