Byrna Technologies Return On Asset vs. Revenue
| BYRN Stock | USD 19.33 0.28 1.47% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.31 | 0.5 |
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For Byrna Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Byrna Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Byrna Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Byrna Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Byrna Technologies over time as well as its relative position and ranking within its peers.
Byrna |
Byrna Technologies' Revenue Breakdown by Earning Segment
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Is Industrial Machinery & Supplies & 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 Byrna Technologies. If investors know Byrna 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 Byrna Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.11 | Revenue Per Share 3.281 | Quarterly Revenue Growth 1.943 | Return On Assets 0.0197 | Return On Equity 0.0528 |
The market value of Byrna Technologies is measured differently than its book value, which is the value of Byrna that is recorded on the company's balance sheet. Investors also form their own opinion of Byrna Technologies' value that differs from its market value or its book value, called intrinsic value, which is Byrna Technologies' 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 Byrna Technologies' market value can be influenced by many factors that don't directly affect Byrna Technologies' 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 Byrna Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Byrna Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Byrna Technologies' 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.
Byrna Technologies Revenue vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Byrna Technologies's current stock value. Our valuation model uses many indicators to compare Byrna Technologies value to that of its competitors to determine the firm's financial worth. Byrna Technologies is rated below average in return on asset category among its peers. It is rated below average in revenue category among its peers totaling about 2,164,670,051 of Revenue per Return On Asset. At this time, Byrna Technologies' Total Revenue is very 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 Byrna Technologies' earnings, one of the primary drivers of an investment's value.Byrna Technologies' Earnings Breakdown by Geography
Byrna Revenue vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Byrna Technologies |
| = | 0.0197 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Byrna Technologies |
| = | 42.64 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Byrna Revenue vs Competition
Byrna Technologies is rated below average in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 33.76 Billion. Byrna Technologies adds roughly 42.64 Million in revenue claiming only tiny portion of equities under Industrials industry.
Byrna Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Byrna Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Byrna Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Byrna Technologies' change in net profit over the period of time. It can combine multiple indicators of Byrna Technologies, 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 | -950.4 K | -902.9 K | |
| Operating Income | -7 M | -6.7 M | |
| Income Before Tax | -7.2 M | -6.9 M | |
| Net Loss | -7.4 M | -7 M | |
| Total Other Income Expense Net | -213.3 K | -224 K | |
| Income Tax Expense | 189.8 K | 244.4 K | |
| Net Loss | -7.4 M | -7.7 M | |
| Net Loss | -7.1 M | -7.5 M | |
| Net Interest Income | 797 K | 836.8 K | |
| Non Operating Income Net Other | -456.6 K | -479.4 K | |
| Interest Income | 797 K | 491.7 K | |
| Change To Netincome | 6.7 M | 7.1 M | |
| Net Loss | (0.34) | (0.35) | |
| Income Quality | (0.43) | (0.41) | |
| Net Income Per E B T | 1.17 | 1.19 |
Byrna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Byrna Technologies. 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 Byrna Technologies 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 Byrna Technologies' important profitability drivers and their relationship over time.
Use Byrna Technologies 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 Byrna Technologies 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 Byrna Technologies will appreciate offsetting losses from the drop in the long position's value.Byrna Technologies Pair Trading
Byrna Technologies Pair Trading Analysis
The ability to find closely correlated positions to Byrna Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Byrna Technologies 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 Byrna Technologies - 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 Byrna Technologies to buy it.
The correlation of Byrna Technologies 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 Byrna Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Byrna 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 Byrna Technologies 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 Byrna Technologies position
In addition to having Byrna Technologies 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?
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To fully project Byrna Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Byrna Technologies 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 Byrna Technologies' income statement, its balance sheet, and the statement of cash flows.