Ceridian HCM Current Valuation vs. Revenue
| CDAYDelisted Stock | USD 68.42 0.65 0.94% |
For Ceridian HCM profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ceridian HCM to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ceridian HCM Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ceridian HCM's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ceridian HCM Holding over time as well as its relative position and ranking within its peers.
Ceridian |
Ceridian HCM Holding Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ceridian HCM's current stock value. Our valuation model uses many indicators to compare Ceridian HCM value to that of its competitors to determine the firm's financial worth. Ceridian HCM Holding is rated below average in current valuation category among its peers. It is rated fourth in revenue category among its peers totaling about 0.13 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Ceridian HCM Holding is roughly 7.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ceridian HCM by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ceridian HCM's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ceridian Current Valuation vs. Competition
Ceridian HCM Holding is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 224.05 Billion. Ceridian HCM holds roughly 11.59 Billion in current valuation claiming about 5% of equities under Information Technology industry.
Ceridian Revenue vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ceridian HCM |
| = | 11.59 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Ceridian HCM |
| = | 1.45 B |
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.
Ceridian Revenue vs Competition
Ceridian HCM Holding is rated fourth in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 21.88 Billion. Ceridian HCM holds roughly 1.45 Billion in revenue claiming about 7% of equities under Information Technology industry.
Ceridian HCM Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ceridian HCM, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ceridian HCM will eventually generate negative long term returns. The profitability progress is the general direction of Ceridian HCM's change in net profit over the period of time. It can combine multiple indicators of Ceridian HCM, 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.
Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management software company in the United States, Canada, and internationally. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota. Ceridian Hcm operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 7462 people.
Ceridian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ceridian HCM. 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 Ceridian HCM 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 Ceridian HCM's important profitability drivers and their relationship over time.
Use Ceridian HCM 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 Ceridian HCM 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 Ceridian HCM will appreciate offsetting losses from the drop in the long position's value.Ceridian HCM Pair Trading
Ceridian HCM Holding Pair Trading Analysis
The ability to find closely correlated positions to Ceridian HCM could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ceridian HCM 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 Ceridian HCM - 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 Ceridian HCM Holding to buy it.
The correlation of Ceridian HCM 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 Ceridian HCM moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ceridian HCM Holding 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 Ceridian HCM 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 Ceridian HCM position
In addition to having Ceridian HCM 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 Health Care ETFs Thematic Idea Now
Health Care ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Health Care ETFs theme has 47 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 Health Care ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Ceridian Stock
If you are still planning to invest in Ceridian HCM Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ceridian HCM's history and understand the potential risks before investing.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |