Bank of New York EBITDA vs. Price To Sales

BK Stock  USD 81.87  0.13  0.16%   
Taking into consideration Bank of New York's profitability measurements, Bank of New York's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Bank of New York's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
5.8 B
Current Value
B
Quarterly Volatility
1.9 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Bank of New York's Price To Sales Ratio is quite stable compared to the past year. Operating Cash Flow Sales Ratio is expected to rise to 0.40 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.30. At this time, Bank of New York's Income Quality is quite stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.170.19
Moderately Down
Slightly volatile
Operating Profit Margin0.250.3751
Way Down
Slightly volatile
Pretax Profit Margin0.320.2364
Significantly Up
Slightly volatile
Return On Assets0.01170.008
Way Up
Slightly volatile
Return On Equity0.130.0804
Way Up
Very volatile
For Bank of New York profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bank of New York to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bank of New utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bank of New York's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bank of New over time as well as its relative position and ranking within its peers.
  

Bank of New York's Revenue Breakdown by Earning Segment

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Is Asset Management & Custody Banks 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 Bank of New York. If investors know Bank 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 Bank of New York 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
0.22
Dividend Share
1.73
Earnings Share
4.47
Revenue Per Share
23.65
Quarterly Revenue Growth
0.047
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York'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.

Bank of New York Price To Sales vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Bank of New York's current stock value. Our valuation model uses many indicators to compare Bank of New York value to that of its competitors to determine the firm's financial worth.
Bank of New is rated second in ebitda category among its peers. It is rated below average in price to sales category among its peers . The ratio of EBITDA to Price To Sales for Bank of New is about  1,747,985,743 . At this time, Bank of New York's EBITDA is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Bank of New York 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.

Bank Price To Sales vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Bank of New York

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
5.84 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.

Bank of New York

P/S

 = 

MV Per Share

Revenue Per Share

 = 
3.34 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.

Bank Price To Sales Comparison

Bank of New York is currently under evaluation in price to sales category among its peers.

Bank of New York Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Bank of New York, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bank of New York will eventually generate negative long term returns. The profitability progress is the general direction of Bank of New York's change in net profit over the period of time. It can combine multiple indicators of Bank of New York, 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-4.9 B-4.6 B
Operating Income6.5 B6.8 B
Income Before Tax4.1 B2.7 B
Net Income3.3 B1.9 B
Income Tax Expense800 M599.9 M
Total Other Income Expense Net-2.4 B-2.5 B
Net Income Applicable To Common Shares2.7 B2.5 B
Net Income From Continuing Ops3.6 B3.4 B
Non Operating Income Net Other75.6 M92.4 M
Net Interest Income4.3 B3.6 B
Interest Income17.9 B18.8 B
Change To Netincome1.5 B1.6 B
Net Income Per Share 4.19  4.40 
Income Quality 1.80  2.44 
Net Income Per E B T 0.80  0.57 

Bank Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Bank of New York. 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 Bank of New York 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 Bank of New York's important profitability drivers and their relationship over time.

Use Bank of New York 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 Bank of New York 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 Bank of New York will appreciate offsetting losses from the drop in the long position's value.

Bank of New York Pair Trading

Bank of New Pair Trading Analysis

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

In addition to having Bank of New York 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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Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate 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 Real Estate Theme or any other thematic opportunities.
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To fully project Bank of New York's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bank of New York 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 Bank of New York's income statement, its balance sheet, and the statement of cash flows.
Potential Bank of New York investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Bank of New York investors may work on each financial statement separately, they are all related. The changes in Bank of New York's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Bank of New York'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.