Airgain Net Income vs. Price To Sales
| AIRG Stock | USD 8.87 0.08 0.91% |
Net Loss | First Reported 2014-12-31 | Previous Quarter -2.5 M | Current Value -1.8 M | Quarterly Volatility 1.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.46 | 0.3705 |
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For Airgain profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Airgain to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Airgain utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Airgain's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Airgain over time as well as its relative position and ranking within its peers.
Airgain |
Is Electronic Equipment, Instruments & Components 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 Airgain. If investors know Airgain 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 Airgain 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 (1.00) | Earnings Share (1.15) | Revenue Per Share 5.022 | Quarterly Revenue Growth (0.04) | Return On Assets (0.17) |
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airgain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.
Airgain Price To Sales vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Airgain's current stock value. Our valuation model uses many indicators to compare Airgain value to that of its competitors to determine the firm's financial worth. Airgain is rated fourth in net income category among its peers. It is number one stock in price to sales category among its peers . At this time, Airgain's Net Loss is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Airgain by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Airgain Price To Sales 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.
Airgain |
| = | (12.43 M) |
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Airgain |
| = | 1.88 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Airgain Price To Sales Comparison
Airgain is currently under evaluation in price to sales category among its peers.
Airgain Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Airgain, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Airgain will eventually generate negative long term returns. The profitability progress is the general direction of Airgain's change in net profit over the period of time. It can combine multiple indicators of Airgain, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 3 K | 3.1 K | |
| Operating Income | -12.4 M | -11.8 M | |
| Net Loss | -10.2 M | -9.7 M | |
| Income Before Tax | -12.3 M | -11.7 M | |
| Total Other Income Expense Net | 100 K | 95 K | |
| Net Loss | -7.8 M | -7.4 M | |
| Net Loss | -12.4 M | -11.8 M | |
| Income Tax Expense | 128 K | 134.4 K | |
| Interest Income | 94 K | 181.7 K | |
| Net Interest Income | 94 K | 167 K | |
| Non Operating Income Net Other | 4.5 K | 4.3 K | |
| Change To Netincome | 5.8 M | 6.1 M | |
| Net Loss | (1.20) | (1.26) | |
| Income Quality | 0.27 | 0.28 | |
| Net Income Per E B T | 1.01 | 1.08 |
Airgain Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Airgain. 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 Airgain 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 Airgain's important profitability drivers and their relationship over time.
Use Airgain 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 Airgain 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 Airgain will appreciate offsetting losses from the drop in the long position's value.Airgain Pair Trading
Airgain Pair Trading Analysis
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain 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 Airgain - 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 Airgain to buy it.
The correlation of Airgain 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 Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain 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 Airgain 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.Use Investing Themes to Complement your Airgain position
In addition to having Airgain in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Check out Trending Equities. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Airgain's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Airgain 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 Airgain's income statement, its balance sheet, and the statement of cash flows.