Benchmark Electronics Price To Sales vs. Gross Profit

BHE Stock  USD 48.47  0.30  0.62%   
Based on Benchmark Electronics' profitability indicators, Benchmark Electronics is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess Benchmark Electronics' ability to earn profits and add value for shareholders.

Benchmark Electronics Price To Sales Ratio

0.67

At present, Benchmark Electronics' EV To Sales is projected to slightly decrease based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.67, whereas Operating Cash Flow Sales Ratio is forecasted to decline to 0.03. At present, Benchmark Electronics' Non Operating Income Net Other is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 5.4 M, whereas Income Before Tax is forecasted to decline to about 47.9 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.110.0955
Fairly Up
Very volatile
Operating Profit Margin0.04850.0386
Significantly Up
Slightly volatile
Pretax Profit Margin0.04760.0286
Way Up
Slightly volatile
For Benchmark Electronics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Benchmark Electronics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Benchmark Electronics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Benchmark Electronics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Benchmark Electronics over time as well as its relative position and ranking within its peers.
  
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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 Benchmark Electronics. If investors know Benchmark 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 Benchmark Electronics 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
(0.26)
Dividend Share
0.665
Earnings Share
1.72
Revenue Per Share
74.962
Quarterly Revenue Growth
(0.09)
The market value of Benchmark Electronics is measured differently than its book value, which is the value of Benchmark that is recorded on the company's balance sheet. Investors also form their own opinion of Benchmark Electronics' value that differs from its market value or its book value, called intrinsic value, which is Benchmark Electronics' 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 Benchmark Electronics' market value can be influenced by many factors that don't directly affect Benchmark Electronics' 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 Benchmark Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Benchmark Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benchmark Electronics' 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.

Benchmark Electronics Gross Profit vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Benchmark Electronics's current stock value. Our valuation model uses many indicators to compare Benchmark Electronics value to that of its competitors to determine the firm's financial worth.
Benchmark Electronics is rated second in price to sales category among its peers. It is rated fifth in gross profit category among its peers fabricating about  393,577,487  of Gross Profit per Price To Sales. At present, Benchmark Electronics' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Benchmark Electronics 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.

Benchmark Gross Profit vs. Price To 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.

Benchmark Electronics

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.65 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Benchmark Electronics

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
255.24 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Benchmark Gross Profit Comparison

Benchmark Electronics is currently under evaluation in gross profit category among its peers.

Benchmark Electronics Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Benchmark Electronics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Benchmark Electronics will eventually generate negative long term returns. The profitability progress is the general direction of Benchmark Electronics' change in net profit over the period of time. It can combine multiple indicators of Benchmark Electronics, 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 Income-13.9 M-14.6 M
Operating Income109.7 M115.1 M
Income Before Tax81.2 M47.9 M
Total Other Income Expense Net-28.4 M-27 M
Net Income64.3 M37.1 M
Income Tax Expense16.9 M11.7 M
Net Income Applicable To Common Shares61.4 M45.6 M
Net Income From Continuing Ops68 M42.4 M
Non Operating Income Net Other8.2 M8.7 M
Interest Income5.1 M5.4 M
Net Interest Income-23.5 M-22.4 M
Change To Netincome12.7 M12.9 M
Net Income Per Share 1.81  1.90 
Income Quality 2.71  2.85 
Net Income Per E B T 0.79  0.59 

Benchmark Profitability Driver Comparison

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

Use Benchmark Electronics 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 Benchmark Electronics 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 Benchmark Electronics will appreciate offsetting losses from the drop in the long position's value.

Benchmark Electronics Pair Trading

Benchmark Electronics Pair Trading Analysis

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

In addition to having Benchmark Electronics 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.

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When determining whether Benchmark Electronics is a strong investment it is important to analyze Benchmark Electronics' 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 Benchmark Electronics' future performance. For an informed investment choice regarding Benchmark Stock, refer to the following important reports:
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For information on how to trade Benchmark Stock refer to our How to Trade Benchmark Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
To fully project Benchmark Electronics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Benchmark Electronics 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 Benchmark Electronics' income statement, its balance sheet, and the statement of cash flows.
Potential Benchmark Electronics investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Benchmark Electronics investors may work on each financial statement separately, they are all related. The changes in Benchmark Electronics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Benchmark Electronics'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.