BIO Key Gross Profit vs. Return On Equity

BKYI Stock  USD 0.97  0.03  3.00%   
Based on the key profitability measurements obtained from BIO Key's financial statements, BIO Key International may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess BIO Key's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1996-03-31
Previous Quarter
879 K
Current Value
1.7 M
Quarterly Volatility
965.5 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of now, BIO Key's Days Sales Outstanding is increasing as compared to previous years. The BIO Key's current Days Of Sales Outstanding is estimated to increase to 92.33, while Price To Sales Ratio is projected to decrease to 0.21. As of now, BIO Key's Accumulated Other Comprehensive Income is increasing as compared to previous years. The BIO Key's current Total Other Income Expense Net is estimated to increase to about 179 K, while Operating Income is forecasted to increase to (8.4 M).
For BIO Key profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BIO Key to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BIO Key International utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BIO Key's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BIO Key International over time as well as its relative position and ranking within its peers.
  
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Is Systems Software 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 BIO Key. If investors know BIO 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 BIO Key listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.66)
Revenue Per Share
6.323
Quarterly Revenue Growth
(0.41)
Return On Assets
(0.56)
Return On Equity
(4.58)
The market value of BIO Key International is measured differently than its book value, which is the value of BIO that is recorded on the company's balance sheet. Investors also form their own opinion of BIO Key's value that differs from its market value or its book value, called intrinsic value, which is BIO Key'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 BIO Key's market value can be influenced by many factors that don't directly affect BIO Key'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 BIO Key's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIO Key is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIO Key'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.

BIO Key International Return On Equity vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining BIO Key's current stock value. Our valuation model uses many indicators to compare BIO Key value to that of its competitors to determine the firm's financial worth.
BIO Key International is number one stock in gross profit category among its peers. It is rated below average in return on equity category among its peers . As of now, BIO Key's Gross Profit is increasing as compared to previous years. 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 BIO Key's earnings, one of the primary drivers of an investment's value.

BIO Return On Equity vs. Gross Profit

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.

BIO Key

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
3.44 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

BIO Key

Return On Equity

 = 

Net Income

Total Equity

 = 
-4.58
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

BIO Return On Equity Comparison

BIO Key is currently under evaluation in return on equity category among its peers.

BIO Key Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in BIO Key, profitability is also one of the essential criteria for including it into their portfolios because, without profit, BIO Key will eventually generate negative long term returns. The profitability progress is the general direction of BIO Key's change in net profit over the period of time. It can combine multiple indicators of BIO Key, 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 Income22.8 K24 K
Operating Income-8.8 M-8.4 M
Net Loss-8.5 M-8.1 M
Income Tax Expense-134 K-140.7 K
Income Before Tax-8.7 M-8.2 M
Total Other Income Expense Net170.5 K179 K
Net Loss-4.6 M-4.8 M
Net Loss-9.1 M-9.6 M
Non Operating Income Net Other-4.7 M-4.4 M
Interest IncomeK5.7 K
Net Interest Income-1.3 M-1.4 M
Change To Netincome833.4 K791.8 K
Net Loss(15.21)(15.97)
Income Quality 0.45  0.42 
Net Income Per E B T 0.98  0.58 

BIO Profitability Driver Comparison

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

Use BIO Key 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 BIO Key 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 BIO Key will appreciate offsetting losses from the drop in the long position's value.

BIO Key Pair Trading

BIO Key International Pair Trading Analysis

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

In addition to having BIO Key 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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Shipping Containers
Shipping Containers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 16 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 Shipping Containers Theme or any other thematic opportunities.
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When determining whether BIO Key International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BIO Key's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bio Key International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Key International Stock:
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You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project BIO Key's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BIO Key International 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 BIO Key's income statement, its balance sheet, and the statement of cash flows.
Potential BIO Key investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although BIO Key investors may work on each financial statement separately, they are all related. The changes in BIO Key's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BIO Key'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.